Fantastic to see order limits lifted recently, this is a huge improvement. Some other things which have been annoying me about limit orders as I try to use them recently:
- Buy limit orders reserve money on your account, I don’t see why this is necessary - the first limit order to be satisfied should be executed, if there isn’t sufficient cash on the account to execute other ones, they can just be ignored. This is quite restrictive as it means you can only set up a certain number of limits at once, rather than a few across different assets.
- Sell limit orders reserve shares. This is annoying if you want to be able to set a stop loss as well as a sell limit - as far as I can see this is impossible at present.
- Limit orders are arbitrarily limited to 2 of each type for a given asset.
I don’t think freetrade have a public roadmap any more, and progress on the app has been super slow in the last few years (the only big feature I can remember is autoinvest, which is great!), it’d be great to hear what freetrade feels the priorities are now and where you intend to head next with the app. There are so many little features that could be added to differentiate it, but it doesn’t feel like freetrade engage with customers much any more, which is sad to see.