Not happy with some factors of the price increase. But deffo dont agree that its expensive
4 Likes
Agree. Seems a bit biased to me.
2 Likes
Your getting a sipp with the 10 ppm doesnt mention that t212 doesnt offer that
1 Like
I stopped watching at 1 minute 29 as he started biased and was clearly not going to let any reasoning get in his way.
I didnāt want the video earning money on my account either.
5 Likes
This is in his video description.
Do you want to get free shares worth up to Ā£100?
Join Trading 212 Invest with my link, and we will both get free shares.
Why should we take any of these channelās seriously? I swear they are all the same!
FT bad! 212 good! Click the link below if you want to get started! Like and subscribe for more investing advice!
Also
nOt gIvInG AnY FiNaNcIaL aDvIcE. sO DoNāT TaKe mY WoRd oN It
8 Likes
not one I subscribe to either, but appeared on my feed.
1 Like
You poor thing. 
Problem is that FT went for this kind of rubbish, using youtubers etc to get people to sign up for free shares, BIG time not long ago. If you want to play the free share/idiots on internet promotion game then expect them to do these kind of things when you turn the tap off.
I am just glad I have never watched or clicked on any of these BS artists sites.
7 Likes
This is exactly how I found FT, after being with T212 for a long time. Heading back to T212 for the new tax year though, as never had a problem with them.
Maybe itās just me but I find most of these āYouTube investorsā to be a bit weird. Often donāt actually give much information, often give biased āthis is not adviceā advice, and often are just shilling referral links.
A lot of them remind me of those āill teach you how to make a side hustleā channels, where their side hustle is the channel selling the idea of a side hustle
and of course, on YouTube, drama sells.
Ā£10 a month being an āincredible amountā is honestly baffling. Im all for cheap, if
Also not seeming understanding what commission is. Freetrade used to charge Ā£1 commission of instant trades, now its Ā£0. itās not low commission as he suggests, its zero commission.
as a result they charge a platform fee. 
I get the comparison to 212, but frankly, unless free trade are willing to get into the CFD business to generate more money they have to charge fees somewhere. All the brokers do.
Its never going to be completely clear how 212 makes its money. they donāt separate the two sides of the business. (Though they did make 4.5 million in deposit fees alone in their last report.)
212 out of curiosity list 6 sources of what sounds as revenue but donāt say what the split it. 3 are CFD related, one is Fx, one is share lending on GIA accounts, and one is the realised and unrealised gains or losses on the bid of stock inventory.
212 is good, its been around a long time. The structure is a little different, they donāt have their own backend platform in the same way Freetrade does, they donāt offer SIPPs, they have limits on stock purchase and hold volumes. its apples and oranges. its going to depend on your needs.
but Ā£10 is nothing for access broker platform
14 Likes
Doesnt even know what he is talking about. He says you need plus to have access to all the stocks. You get that on standard. Another person spouting misinformation. Very ironic when he starts off saying that freetrade are being dishonest.
Honestly Freetrade should start legal action against these people spouting a load of turd about their company.
6 Likes
I am splitting hairs but Iāve never been 100% comfortable with FT being described as āzero commissionā because most of its revenue comes from transactions. Yes, itās only on US/EU stocks but it is, by definition, a commission.
1 Like
Fx isnāt a commission in the sense commonly described as youāre not being charged for executing your instructions.
āCommission freeā brokers donāt charge for executing your instructions to buy or sell a share on stock exchanges.
They might however charge you to covert currency. This isnāt a commission on investing
If you really wanted to go with a stricter definition then we can just say there is no such thing as a commission free broker. But Freetrade would be an execution fee free broker I guess.
3 Likes
Predictable. It was the same in reverse when FT were doing referral offers and 212 were not.
1 Like
I get where youāre coming from, there is some distinction, although, for me, a commission is a commission, ie a percent levied on a transaction. But I donāt want to derail the thread so Iāll leave it there.
Getting back on topic, I agree with @Lee.williams1995 that the Sipp offers a lot of value for Ā£120 a year.
1 Like
Personally Iāll just switch to paying annually so no change. Iām only investing very small but Freetrade has made this easily accessible and understandable for me , and the few times I have had a query or done a transfer it has been quickly replied to or sorted.
14 Likes
So the last few days have been a real rollercoaster in terms of considering future strategy! I thought it was all very straight forward, sell the shares in FT, have them transferred to a new provider and then re-buy. However, having sold a few that were green I find it could be a huge loss making exercise to sell more. With LGEN and other shares that I want long-term being so cheap, Iāve ended up buying as it would be stupid to have the cash sitting there when there are so many bargins available.
Now considering my options of paying the annual subscription to FT and continuing one more year while also opening with another provider specialisting in ETFs. Or pay the monthly subscription and take just a few months longer to do a gradual partial sell, transfer, partial sell, transfer, etc.
The good thing about having thought I was going to sell everything is that Iāve totally re-thought my portfolio and I know exactly what I want to keep and increase and what I want to sell. I guess better to implement my new strategy slowly and steadily rather than rashly. Now all that remains is to decide exactly what my strategy should be!
5 Likes
If you sell, move the money and re-buy youāll have to pay stamp duty on applicable shares, doing it in specie will avoid this.
5 Likes
Absolutely true. Trouble is the providers who donāt support in specie. Iāll save money in other ways though.
1 Like
Why wouldnāt you just transfer? Or is it because you were considering 212?