So what makes a freetrade plus stock?? What’s the difference ? Have freetrade had a tip off that it might take off? Is that why it costs so much to have a plus account each month? I’ve noticed alot of plus stocks shoot up thousands of percentages
Freetrade have always been clear about which stocks are on Plus and which aren’t.
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What stocks have gone up 1000+%? What’s the tip off?
Nobody told me that paying £9.99 a month is a shortcut to get rich.
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I see, so its just small cap … Why is the small cap investments worth a higher premium to trade?
Freetrade have to make money somehow. They’ve kept large caps open to everyone as these are typically safer investments.
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For the casual investor the FTSE350 & S&P500 along with a range of ETF’s are fine.
For the rest there is a small fee, remember that many other platforms charge over this per trade (in and out). The platform has been build with long term wealth creation in mind, it’s not designed to yolo a meme stock which is often the case with these small cap penny stocks.
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Thanks for the info!
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I have a plus membership for stocks that aren’t available on the free membership. If I were to cancel my subscription for plus what would happen to my positions in those stocks?
Any ideas on when we might have some new Plus Stocks? A lot of the new releases seem to have been free stocks recently?
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Seems to imply something between free and plus? I cant think what would fit there? unless maybe they’re going to add new features with the new account type
Maybe it’s an Ad supported tier 
. Taking a leaf out of Netflix and Disney plus plans.
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Or a securities lending supported tier
They did hint at something, so maybe your on the right track
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Yeah they’ve done a lot of surveying around this presumably to try and carve out a subset of plus features.
I assume a mid tier with the expanded stock universe and order types for ~£5 or something like that I guess.
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I’d be interested how compelling it would be to ISA holders paying £3 a month.
I think from a client segmentation approach it (or something similar) makes sense.
For clients with large assets the FT+ becomes a no brainer because it’s only slightly more than mid tier + ISA and they get the benefit of the interest on cash which will make up the difference. You get the benefit of the £3 + £5 Vs £10 - interest price anchoring.
For clients with small assets many features of FT+ are unnecessary (ISA + interest) but they may want more products, so a cheaper option makes sense. This can basically become the meme stock tier to capitalise on those trends.
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I would definitely be interested in something that was between Plus (not good value for me at £10 at the moment) and the £3 I currently pay depending on what’s on offer.
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