My referral signed up yesterday with a 47*** membership number
The race to 50,000 is on! 
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I think a lot of people are held back by the limited stock universe, limited functionality of the app and the limited amount of information on stocks.
I showed it to quite some friends and of those that would be open to DIY stock trading, the response has been rather universal. One group wasnāt impressed by the limited functionality of the app (ie portfolio management) and the bare-bones info on the stocks, the others baulked at the very limited stock choice.
Once that is addressed, I think user growth will accelerate. At the moment the app is promising, but not good enough to tempt most of my friends away from their current providers. I am one of these, I invested quite a lot last crowd funding round, but havenāt bought a share through FreeTrade yet as I canāt create a balanced portfolio yet.
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Non availability of European stocks is the main āhmmā Iāve come across.
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Thatās not a reason. I have a balanced portfolio with some in freetrade and some in funds and stocks elsewhere.
Why buy shares in Apple or funds in the S&P500 for example on HL if you can do it on freetrade without paying a fortune?
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A balanced portfolio for you may not be a balanced portfolio for someone elseā¦
Thanks for this feedback! You and your friends will be hopefully glad to see all of that is coming: https://freetrade.io/roadmap 
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If you have a single stock or funds elsewhere that is also on freetrade then you are throwing away money. Since freetrade doesnāt charge holding fees. So as investor that should be important. If you have more than Ā£80k then you should really consider different providers anyway.
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My referral was 479XX late last night. I think we could hit 50k signups by Friday or Saturday this week based on current growth rates.
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Iāve just gone back through this thread and copied the dates and numbers into a spreadsheet.
Iāll keep monitoring this thread, as well as other sources, and updating the spreadsheet. So please keep posting user numbers!
Here are the current graphs:
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Great work Zac
Given this forum is available to the public. Would Freetrade consider putting a counter on their website with the number of signed up users? Might save you some time and canāt imagine it would be too hard. 
Edit: But respect nonetheless for making these charts - very insightful.
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Very useful graphs. Thanks for that.
How do you define a user? Is it download, registration, participating user (ie bought at least one share) or active user (ie has a minimum one transaction per month)?
The reason for asking is that I have seen many FinTech bend the definition of a āuserā.
Whichever metric you use may or may not give a skewed view. Having 50k installs, but only 5k active users with an average portfolio of Ā£200 may not be as awe-inspiring.
I am sure you do, but active users can only be one of the success criteria, and itād be good to get some insight in the other metrics. Perhaps not now, but when you consider a future crowd funding round.
As Adam says, itās install and create an account, not just pure downloads/installs.
The last part of Adamās message suggest you donāt have to top up or buy anything to get a number, which sounds about right.
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Thanks for that! I must have overlooked that. 
Would be an interesting stat to see the downloads Vs sign ups and work on that conversion should the difference be substantial
It would be interesting, but download count its not something we can see accurately. For example, the Google Play Store just says 10,000+ downloads and will do until 50k or 100k. The Apple app store doesnāt even publicly display downloads.
I can agree with you and would like to add that Freetrade is not very useful to dividend investors as of now. It is really hard to track your dividends and a lot of dividend paying companies are missing from the app (yet).
I think with a good dividend section, more functionality and a bigger dividend stock universe there are going to be a lot of investors tempted to move to Freetrade.
It would also make them more Youtubable 
For example there are a lot of people on Youtube that track their M1 Finance/Robinhood dividend portfolios. Their app design looks neat and makes for interesting videos. That is some free marketing right there that is surely working well for them and would work well for Freetrade.
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Iām really hoping that freetrade emulates M1 Finance. Their portfolio management system is top notch.
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Thatās what i want the auto reinvest on M1 Finance is top class all done by a % you set yourself,however m1s dividend info is rubbish
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