Actualy, if FreeTrade were to IPO ⊠wouldnât they have done so already on the AIM, like other fast growth startups?
The fact that they havenât would indicate itâs suring up itâs credentials to be in a strong positon for a Major IPO and primary FTSE listing. - learning to walk before it can run.
How Much could FreeTrade be Worth ?
I believe FreeTrade will dominate within ten years. Partcilarly if it moves quickly into Germany and other markets; cancelling out the growth of US upstart Robin Hood, it could become the dominate force in Europe.
AJ Bell, HL, IG and others should be worried; and if you look closely at their recent adversiting and marketing - their news stories and editorials are increasingly aimed at millenials⊠but they donât have the moat that FreeTrade has: fee-free trading (and donât under-estimate FTâs unique offering of fractional shares trading, 500% growth, UK regulatory approval and itâs strong commmunity-based word-of-mouth advertising and free stock giveaways).
Thatâs why, hands down. I would invest in FT anyday. A true disruptor.
Itâs far too early to IPO even on AIM. Once youâve done that youâve pretty much blown any opportunity for more VC cash, they arenât going to invest in something thatâs already listed.
Iâd love to see a larger IPO in a few years though
I donât think employing a German speaking person means much. Especially when TR have 8000 shares on their platform, had 150,000 customers in May 2019 and are already in Austria. Obviously freetrade have to go to the DACH region as well, but they will be playing catch up with a better funded company. Either way it will be interesting to see how these companies do in 10 years.
As @hookedinvesting said, I think that is essential to achieve success an EU full launch (even in the first 4 countries already mentioned) before 2020 ends.
In my opinion, this would put Freetrade a major step ahead of other companies.
âThe early bird gets the wormâ