Early this year they said it would be coming within a couple of months and was a major reason they’d reach profitability by next year.
Every time they need money things are just around the corner. Then we get about 6 weeks of updates before silence and everything is close again 6 months later when need more money.
“Freetrade has been good at building hype over new products, and Dodds explains the platform will soon introduce securities lending and an auto-investment feature”
That was from April this year. And if it’s not ready to go now then it can’t have been ready to go 18 months ago when they were getting people to sign up for it.
There are two lies in that advert.
One, that AI has been highly requested. And two, that it’s been shipped. Beta testing with, at a guess, less than 100 customers is not shipped.
Excited for the AI features will be cool to have my own little stock buddy making me rich while I sit back and just hand it money.
Jokes aside it will be an interesting feature to use
See I’m more for other features than LISA and JISA only because of selfish reasons. The only thing simular to those would be a SIPP with employer contributions would be ace.
Oh and “Graphics we need graphics” 10 points for whoever can name the movie that this line came from.
I feel the same, so many big projects (good and bad) go nowhere at Freetrade (web, crypto, EU expansion (now laughable global expansion), securities lending). Wasted resources spent on these dead ends and all we get are ‘stocks and ETFs’ as a WISH in a trading app. Yet improving the SIPP and offering other types of accounts which should be a formality of resources is apparently mission impossible, making me wonder how they ever got their basic SIPP and ISA out as an MVP.
I got access today, not had time to do much, though. It’s a neat chat tab under Discover. Initial impression is good, looks particularly useful for educational purposes.
I think current and future trend and I can see more people investing in different areas they might of never invested in and or investing for the first time with the help of their AI Financial advisor
Once apon a time people asked for help always with all different topics now more and more chats are going dead because everyone has a personal AI assistant that is bassicly judt a Google power house.
Certainly! << (going to become an inside joke)
It says OpenAI in the terms, so yes.
UI is pretty slick and it’s enjoyable to use. It doesn’t know the Freetrade universe and has no access to personal portfolios.
Responses come with plenty of “not financial advice” disclaimers and are on the high level generic side: It can tell you how to do research on stocks, but not deliver detailed company info like latest earnings etc. That said, it can produce lists of competitors and ETF alternatives based on your own set of criteria.