To me it seems there isnāt enough there yet for most people to pay Ā£10 per month.
IMO it would be better to start it off cheaper and increase the price when more features are there. maybe give a discount for the the first year or something
I think it will definitely be worth it in future if we get access to stock markets that no other UK broker has
So, ermā¦ not worth it really, unlessā¦ unless included free spotrate, so i used to live in USā¦ marriage sour, long story, so had to return to UKā¦ looking at trading 212 and freetrade at momentā¦ been some positives said about freetrade on you tubeā¦
But with conversion, not taking much, think was 1 cent on 15 shares on a $50 stock i pretended i would have boughtā¦ might not seem much, but when quick scalping and with transaction fee starts to add up likeā¦
So yeah if for the $9.99 this spot rate is removed alsoā¦ might be as i would look to scalp trade few times a day every day, be more than worth it thenā¦ and might be more than willing to pay a flat rate fee for this likeā¦ unlike trading 212ā¦ saying i can not scalp and saying this of their CFDā¦ which they apparently making their money from, which Iām not really in favour of likeā¦ Anyway appareciate a reply, thanksā¦ GBUā¦
Yeah i thought a 4.99 or 5.99 would been way way more attractive, getting the 3 pounds isa thing, but then just a snippet more with so many benefits and or a 3 months at 4.99 then up to 9.99 is very clever ploy often used by lot of, you know, companies, out thereā¦
How do you scalp if pricing is not live?
That is literally the vision.
Iām quite annoyed I donāt have straightforward access to the likes of Tencent.
Good point not joined yet, but i have tradingviewā¦ so i assume it buys it liveā¦ not sure freetrades set upā¦ Ermā¦
For instance, some times might get differing prices on one platform cause showing a delay, like on tradingview i realized cause not subscribed to LSE exchange, about $2 a month for exchanges that when had barclays or UK stock open, was 15 minute delayedā¦
Surely ermā¦ has to show some kind of real priceā¦ not joined or tried this yet, all i will do is watch tradingview, then buy and sell based on thatā¦ just need a platform to do it on likeā¦
like o Realty income hope in there, i liked trading kre I wonāt bother any more with ltc (These US stocks btw) ermā¦ what else xlf and main like erm etfās be coolā¦ not checked things out yet maybe already do some of themā¦
Like i said think scraping the spot rate 0.45% might then be worth if i traded a lot, going for the plus and no delays, so i can scalp if i wantā¦ I donāt do stop losses, trade, if goes wrong i hold, average down, collect dividendsā¦
But if goes right and shoots up i take it, even if not much, 40 pence, all adds up if do few times a dayā¦
Love to see as prefer a web-based easy buy and sell live versionā¦ like ally investā¦ I moved to USA in 2014, started investment trading in April 2015ā¦
Anyway back in UK now and looking at trading 212 and yourselvesā¦ might join both more than likelyā¦
I dont want to pay Ā£9.99 when im already paying cheaper Ā£3 for my ISA account.
Just keep the ISA thenā¦
Nope.
End of thread.
So what is the point of the Stop and Limit orders then?
What is the point of having a Ā£9.99 price then if people can stick to Ā£3?
Nobody asks to pay anything yet so impossible to answer your question yet. It is currently beta tested by early investors to gather feedback. The point of different order types is to have a better understanding of the price you get after completing the order.
Ā£3 gets you the ISA, Ā£9.99 gets you the ISA plus the other features in Freetrade Plus. If you donāt want the other features just stick with the Ā£3
Stop and limit order arenāt exclusive to CFDs. Limit order lets you set a price you would be happy to buy/ sell at. This is useful to any investor. For example you could set your buy limit order 10% below the current price. If the price drops 10% while the order is still active the order will go though and you saved yourself 10%
As Dave says, you can just stick with the Ā£3 ISA. Plus is very much not finished yet and so the initial features we have access to at the moment wonāt be the full offering when it is launched (it wonāt be limited to just Stop and Limit orders)
Except if you have alpha and then buy a stock thatās behind a pay wall. You then no longer can buy that stock you own unless you buy back into the subscription. So yes youre forced to have it in that instance. For a site called Freetrade to then host stocks behind a pay wall just doesnāt sit right. Obviously it depends how itās implemented but letās say for example is it for obscure nowhere else stocks or is it to be used to drive demand for the plus product. E. G. Realty Income Corp REIT becomes available and Viktor knows thousands are waiting for it is it then forced behind plus to grow plus sales, Ala mobile pay to win games style? If thatās the case then yes itās forced on you.
Thing obviously different here than when i was in US then, never heard this CFD until back here, we have options, sell covered calls, so coolā¦
Buy 100 shares in xyz, oh no gone wrong, down next day, dratā¦ I know lets sell option, ok, letās try that one, cool, someone given me $50 for 30 days, bought stock at $40, they buy off me for $50 strike is $42ā¦ hopinh will go back upā¦ if stays below $42 i keep the $50, if by end contact in 30 days is above $42 then i lose the stock, thatās ok, was a trade in first placeā¦ so yeah, i still keep the $50 and i make $200 think it is, cause also went up $2 from where i bought itā¦
CFD, hmm, seems like, well, buying stock contract, kinda sort of similar in some ways it seems, i prefer options thoughā¦
Anyway i totally can see your pointā¦ tricky one this and maybe they will listen to feed back and lower to 5.99 a month etcā¦ not be as bad thenā¦
I hoping as still like and want to trade US stocks, do away with spot rateā¦ and other things, that will encourage me to want to pay a flat rate fee.
HL donāt charge this for shares. Thatās for funds. Shares have no management charge on a shares account, and a maximum charge of Ā£45 a year in an ISA.
Stop and limit orders have nothing to do with CFDs, nor are they strictly specific only to day trading. Many people may have use cases for these types orders to allow them to set up buy and sell orders within the parameters they want without having to be in front of a trading screen 24 hours of the day to get the price they want.
While a lot of people dollar cost average, many people have specific goals in mind for specific stocks at specific prices.
Thatās a good improvement in a short time period.
I forgot the universe tool can be checked, thanks for the reminder 