yeah I would def pay the cost upfront if it was Ā£50 for a year rather than Ā£60 split over 12 months
2 Likes
Iāve done this with my email provider. im locked in with them for 2 years and in parting with 2 years worth of money they give a discount to get that cash up front
1 Like
My bad, apologies sir.
To be fair most companies are finding people start to pay for subscriptions yearly as opposed to monthly as lot of people these days donāt like to have too many monthly commitments hence more starting to go for yearly.
And also there is evidence that people who have monthly subscriptions stop and start more frequently.
3 Likes
Monthly billing creates a relationship and removes the transactional nature of annual billing. The research bares this out, the average length of a subscription is longer.
@WayneSoton starting and stopping will not be possible / easy once youāre holds are in an ISA.
2 Likes
Thatās interesting Iāll need to look that up. I guess that might pan out over a population. It doesnāt seem to work for Netflix. Or for me personally. I cancelled freetrade (for now a number of months ago) and I did because I paid monthly so there was zero commitment
4 Likes
Lads, difficult to not feel cheesed off with the removals from the basic plan. The first time i sold a bunch of stocks and only held onto AUGM and ROBO. Now again I face a similar quandry, except all I know is that certain of my US positions are affected but FTs comms have been so p*** poor I cant yet tell which. I say this as a long term investor AND account holder.
5 Likes
Not really liking the sound of the we havenāt increased the price for 3.5 years so we will up it by 60+% is this the case going forward that a few years down the line it will again increase by that amount? Your competitors havenāt needed price increases for years.
If we are going to see price increases could we possibly start seeing more on new features taht have long been requested and many on prior road maps being added? Fractional UK shares (granted youāve veered away from it due to no mega expensive single shares)
Could we see more movement on things that people have asked for for a long time that get ignored completely , example no withholding tax on US dividends in Sipps which some of your rivals do, could we please see UK REITs being included in ISAs? Thereās multitudes of requests that have been on the road map and traction and dialogue from yourselves have really slown down. For price increases please can we see better features for value.
That being said the Sipp option does seem of greater value to before and attractive to many (although would be interesting to see how many were paying for it previously compared to the ISA which youāve near enough doubled the cost of now so loss leader there to make more off the ISA increases
4 Likes
+1 for the positive.
As a result of this change, I have today opened a SIPP and instructed a partial in-specie transfer from HL (the funds I hold there cannot be held in Freetrade).
I am very much looking forward to reducing my HL fees (even more than when I moved most of my HL ISA) while not picking up additional monthly cost with FT.
Once transferred, I can then add to SIPP holdings at Ā£0 instead of Ā£11.95 (funds can be added at HL for Ā£0 transaction cost but then HL take a percentage of that every month).
The monthly fee for what will be left in HL still exceeds the annual fee for FreeTrade, and the HL monthly fee continues to increase with HL the more I save with them. FT is fixed price (acknowledged, we have just seen a price increase).
Once you get to these levels, Ā£2/month, is irrelevant.
The Ā£10/month can be negated by parking Ā£4k uninvested (yes, there are then āopportunity costā discussions on that point but the cash option is low risk).
Horses for courses.
FT may not be suited to Shetland ponies but seems to offer a good deal for cart horses.
18 Likes
On basic and disgruntled about the reduction to 500 US stocks (though from viewing the list on my phone shows 498?!!!).
Been here a few years now and recent investor in freetrade too. I fear that the board donāt actually have a proper plan to move forward, throwing things at the wall to see what sticks. Was the lending idea binned because of backlash here?
I sadly only see this going one way - less and less stocks to choose from unless I want to pay.
I donāt have a sips or isa here and just want to be able to buy a couple of hundred quids worth of the stocks each month I want from the markets that should be available to me (in my opinion).
I was annoyed I couldnāt buy small cap without paying a monthly charge, now limited on US stocks.
Sad.
4 Likes
āFreeātrade feels like an oxymoron nowā¦
2 Likes
Itās not been binned
1 Like
How much is commission on trades?
2 Likes
I am a ISA user, and to be honest I am not to bothered to pay the additional Ā£1.99 a month to access all stocks. It is something that I thought before but I was not willing to go for the Plus. I was interested in some of the FTSE250 stocks that werenāt available before. I was just expecting Freetrade to release some additional features for all the plans to balance out the news. I know that FT has been busy adding stock and expanding around Europe, but the lower plans have not seen a lot of new features being released.
When will the JISA be available? 
Keep up the good work.
3 Likes
Sorry Eden, āpostponedā, aka binned for nowā¦
Itās in the terms and conditions still, just seems the launch was moved back. Postponed doesnāt mean binned
1 Like
Sec lending is 100% coming, the Fintech world has been rocked, and all businesses that donāt pivot towards profitability will not be around for long. Not only is sec lending happening but itāll likely have revenue sharing baked in for :plus_: users.
10 Likes
I saw that possible hint the other day 
Iām assuming that if you pay for the standard package youāre not forced to subscribe to an Isa (which wouldnāt be legal for some) but if an ISA isnāt available for you (eg tax nationality or existing ISA) then youāre effectively paying Ā£4.99 for something that others are only paying Ā£1.99 for ie the extended share universe.
For the love of god stop repeating the same thing 20 times.
We get your opinion and itās been heard.
8 Likes