As of September - 1.4M users and 670K funded customers
Not sure your maths adds up.
2 Likes
I dont think your numbers add up? In 2021 they said they had 1 million sign ups with 650,000 active customers!
1 Like
Alas they are highly profitable companiesā¦well at least Hargreaves Lansdown is massively so. No idea if AJ Bell is but i assume so.
1 Like
Anyone know what the definition of active customers is?
also how many are freetrade plus members?
1 Like
AJBell 2021 figs:
Total Revenue : Ā£146m
Net Profit : Ā£43.8m.
3 Likes
Thanks but I wasnāt really interested in ajb bells profits I was making a comparison with brockers who make profits and freetrade which doesnāt.
1 Like
Absolutely and same here. The lack of progress FT seem to be making towards profitability is a nagging concern for me, especially with profitable new entrants such as CMC coming on to the scene in the U.Kā¦ Active user numbers have to be monetised at some pointā¦
Total revenue and net profit are way more important to me too.
For comparisons sake, FTās 2021 figs are as follows:
Total Revenue : Ā£12.7m
LOSS before tax : (Ā£18.2m).
3 Likes
Did I read 12 fund raises?
1446000
6 Likes
I can only find a CMC that does CFD etc. Is it a stock broker as well.
Yes. Think they only launched a month or so ago, under the āCMC Investā banner, but theyāre looking to disrupt the market and will be offering an app-based, commission-free ISA āvery soonā apparently.
1 Like
Yep that is the case. I saw the owner on tv the other day and they seem like they want to go big in the UK. They look and sound good, but they do have to carry the 79% of retail users lose money etc on their app. That always puts me off these platforms, but they do have lots of good features etc.
Edit - I didnt realise they also had a app for investing only. Not as good as FT yet but not bad welcome bonus of Ā£50!
1 Like
Had a quick look. Donāt think you can buy fractional shares.
Guys we seem to be going off topic.
This is just the user number thread.
Iāve posted a user number but it seems to have been missed by everyoneā¦
15 Likes
Maybe everyone thought the number was shad(e)y 
3 Likes
Do we know/ is it confirmed that if user number is global? That is, Swedish users will add to the running total?
4 Likes
Weāll find out when the first Swede posts!
2 Likes
1.45m
3 Likes
news?
1 Like
Come on guys, any latest numbers? We in the dark here. No idea how this company is doing
2 Likes