How many users now?

Welcome :+1: thanks for sharing your number :pray:

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Welcome …

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Thanks for sharing, that looks like a great jump in signups over the last week!

Hi @Emma84 welcome to the forum and FT. As soon as you deposit money into your account it ‘tracks’ you as a referred sign up and in a few days you’ll get a notification for your free share. If you want to share your link with friends and family you’ll be able to earn more shares.

If you’re new to all of this investing lark and want to ask any questions there is a thread for just that thing. There might be answers in there but if not ask away. Ask your beginners questions here 🐣 - #721 by devlonias

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Just wondering how you calculate 2,000?

Based on this last user number update:

And this from today July 3rd (8 days):

That would be 2,500 hundred a day?!

Considering we were averaging 1,500 before the Colin Furze ads, Colin seems to be helping to add an extra 1,000 users a day over the last 8 to 10 days. :muscle:t4:

Assuming a minimum of £3 per share per referral, that tunnel will be paid for in no time, if not already!

Keep digging! :pick: :construction_worker_man:t4: :rocket:

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@zaccharles I don’t suppose you could post an user updated graph could you?

Be interesting to see a BC (before Colin) line?

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New update:

:white_check_mark: From 0000 to 100K :arrow_right: 497 days
:white_check_mark: From 100K to 200K :arrow_right: 152 days
:white_check_mark: From 200K to 300K :arrow_right: 159 days
:white_check_mark: From 300K to 400K :arrow_right: 43 days
:white_check_mark: From 400K to 500K :arrow_right: 03 days (GME)
:white_check_mark: From 500K to 600K :arrow_right: 29 days
:white_check_mark: From 600K to 700K :arrow_right: 66 days
:white_check_mark: From 700K to 800K :arrow_right: 58 days

Good numbers for :freetrade: !! Waiting for European expansion to boost them! :muscle: :muscle:

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Sure

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Thanks Zac for keeping this updated!

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Smashed projection by over a year. Great work Freetraders. Lets keeps promoting with everyone we know. Ive managed to persuade 3 people to open accounts. I know its not much but every person helps

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Not quite true, as the projection was for active users not users

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I am not fond of the way active users are accounted for. Which may result from a misunderstanding on my part.

As far as I am aware, placing an order during the period of one month makes someone an active user.

There are months when I place multiple orders, which makes me an active user.

There are months when I place no orders. Zero. Zilch. Nada. That makes me an inactive user. Yet I am active every day. I read every day. I check numbers every day.

I don’t know how to account for that. I believe I am not alone. I am sure there will be thousands more people being active in lifting rocks to try to find opportunities, but not placing orders in the app.

I ignore the exact criteria used by Freetrade to identify the number of active users. I think cases like mine ought to be considered active which would increase the numbers towards a figure closer to reality

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I think to be an active user you just need to have checked the app over the last 30 days. Active “investor” refers to someone that has placed a trade over 30 days

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So all you have to do is login and you’ll be an active user?! :+1:

Correct, that’s how it was defined in the Q2-20 round, I think it’s fair

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That’s an interesting one. My assumption had been that if you have funds invested on the platform you are automatically active even if you only trade infrequently as your money is contributing to their assets under management total. The key thing I’m interested in is what proportion of users are now fully dormant accounts e.g. people who opened an account, tried it out briefly (maybe during the GME madness) but no longer have anything invested.

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Or, more cynically, who funded their account, waited for the free share, and then cashed out again.

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Great questions for the next AMA I would say

I never even got a free share :sob:

Time to refer someone then :slight_smile:

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