Yes. I am on Android and got latest updated version 23rd July. I will DM you
@Freetrade_Team1 @Viktor
Just to update that 2 of my friends payment issue has been sorted out. One of them was using a payment
App “pingit” which put " character beginning and at the end of the payment reference number. I believe it may have caused issue with FT automatically payment process. However I believe in such case FT should have a process to check every day where any unallocated payment to be validated and contact the respective account holder.
For 3rd friend, it is unrelated issue as he used “Revolut” which is non supported bank account on FT . He got this message today ftom FT.
Now I fully understand the logic behind controlled referral scheme rather than a common link which people can use on mass level. In all of these cases, we as FT investors (using referral link) providing full support to the new FT users in the onboarding process which could have been otherwise nightmare for them as well for FT from brand perspective (as there are still some hiccups in this process and FT wouldn’t have that much man power to handle such a huge volume of queries /issues). This new individual level referral scheme is aligned everyone’s interest :-). Whoever thought of this unusual proposal really deserves a pat on the back:-)
Is there a defined date when the free shares get revealed?
Thanks for this! The signup flow is going to improve as we go, but simultaneously, there’s nothing quite like a friend explaining what Freetrade is for and helping people through the signup.
Whoever thought of this unusual proposal really deserves a pat on the back:-)
You are very kind, although I don’t think it’s unusual!
Thanks also for the details of the funding issues.
We’ll be starting allocating the real shares to a handful of accounts in the next few days. If all goes well, more will follow until we fully catch up and everyone has their free shares!
To be honest all the referral links, I have used until now, have got common link or common reference number. This is the first case where I came across unique link for each referral…
I’d love to but still says i’ll find out in a few weeks. Checked ISA and GIA
Edit: the free share pending has totally vanished from the page
I’m assuming that this was “In app”?
So, your queued “Free Share” have disappeared from your portfolio view?
Yes. It’s been pending in the investments section and it was there when I went to check what I’d got but now it’s vanished
Have you checked your portfolio in the basic account, to see if you have any new shares?
Yes. Nothing. Checked the activity feeds and the portfolio values as well
Hmm, ok - maybe there is a delay in receiving the message and the free share showing up in your portfolio.
Exciting, anyway
We allocated it, you should see it soon. That’s why we are doing this gradually, it’s good figure out these unexpected issues while on a small scale.
Yep just had the allocation pop up, tapping took me to the ISA (Should probably go to the GIA) and can’t see anything anywhere currently, but one of the free shares has dissapeared from the queue as expected.
Correction - I can see the share purchase in the activity feed on the GIA, but not in the portfolio.
Got dominos - although I thought the minimum value share would be £3?
There is no minimum value, since we expanded the pool to include up to £200 worth of stocks.
Thanks, we are on it.
Understood on the pricing.
I know the value of the stocks is something you are experimenting with here so i’ll just give my initial gut reaction.
After going through that process, personally I feel like I would be more inclined to refer if I knew there was a guaranteed minimum stock value i’d get (I would suggest around a fiver) rather than an illusive high value one that I had a slim chance of getting.
This is a different viewpoint to what I had before I had done this.
I think if you ended up with a 15p SXX it’d be a double blow at not getting a Tesla, but also annoyed that you went through the effort of referring for < £5.
Will be interested to see how it progresses
I assume though, they need to keep the average around £5. And with stocks up to 200 they need to do plenty below a fiver in order to keep it down
Edit: would be interesting if in the future, they could give you £5 worth of credit to invest into anything when fractionals are available.
One of my free shares was revealed. I got the notification and it was there when I opened the app. It’s also appeared nicely in my Activity feed, though I had to manually refresh it (by dragging from the top). Overall, great
I think I agree that a minimum could still be a good idea. With a minimum, you know you’re getting at least X for your effort referring someone, but have a chance of getting a lot more (which is nice gamification).
It’s possible that getting a cheap share worth less than a few pounds could be demotivating. On the other hand, perhaps the chance of a £200 is enough to get someone to try again (i.e. refer someone else).
The problem is striking a balance between the cost of acquiring customers and motivating people to actively try to refer people.
Thanks for the feedback!