They can move cleared funds from GIA to ISA without you having the withdrawal and re deposit.
They can also reset the buy price once theyāre in your ISA is you make a note of it so you donāt loose youāre nice big green % gains
They can move cleared funds from GIA to ISA without you having the withdrawal and re deposit.
They can also reset the buy price once theyāre in your ISA is you make a note of it so you donāt loose youāre nice big green % gains
Ah, @NeilB and @Leito I was not aware that you can move cleared funds from the GIA to ISA without the withdrawal and re deposit.
I have learned something new on this Friday
Have a nice weekend!
Coinbase Pro charge 0.5%, roughly the same amount as the Freetrade FX fee.
Iāve only ever used Coinbase to buy as I simply cannot abide the UI of Coinbase Pro, itās been designed for someone who want to sit in a darkened room smashing energy drinks.
I mean, if you want to ditch most trusted crypto platform because of itās colour scheme, you can
Itās almost unusable! I donāt want to day trade s*** coins. I want to buy and hold a bit of ETH / BTC - Iāll be moving my small holding over the FT for convenience.
Irrespective of the UI if Freetrade intend to charge less than 0.5% ( and allow withdrawals ) Iāll be pleasantly surprised.
I am an investor in Freetrade (R3 and R5) and my preference would have been for the company to not get into crypto and just improve and expand on what they are doing with SIPPs, ISAs and general user interface.
I get that they can make money from it but the likes of HL, Vanguard and AJBell can make a lot of money without getting into crypto.
by charging a lot more than Freetrade.
Yes, thatās true.
But perhaps I just canāt get out of my head what Adam said during one of the initial crowdfunding roadshows (the one in Manchester which I attended in 2019) and that was to state that cryptocurrency would not be offered (maybe he meant not offered āat the timeā).
That said, other things he and Viktor said on that particular roadshow (in response to live questions from the attendees) were:
I guess crypto is the only one they changed their mind on (so far!)
I would hope that business plans do change and evolve overtime so there may have been reference to not offering crypto back then but things have moved on since then and clearly there is a demand for it now. All business have to adapt to change or they will perish (not that I am saying Freetrade would perish without Crypto).
Itās not unusable at all and donāt need to day trade. You just have a preference with the colour. Iāve been using it to buy and hold crypto with less fees. For anyone reading this and are concerned about fees, you can simply buy/sell on pro then instantly transfer it to the regular coinbase app.
So if you want a clean simple UI you have to pay them more per trade?
The default graph only allows you to see price movements between 1 Minute & 1 Day, but itās not for day trading ā¦
My worry is that soon FT will have articles like this one about Etoro and the negative crypto stories, maybe even about people who may even be on this forum.
It is quite a scary article to think how easy and unregulated crypto is
It would also potentially blow the whole narrative of " Simple investing. Investing is one of the best ways to grow your savings over the long term." out of the water.
As I have said it is not something I am majorly against, I will use it, but think perfecting stocks would be best and become a master of 1 rather than a jack of all trades.
It looks clean and simple to me on both apps. I clearly said you donāt need to day trade. Anyone can just buy and sell, whatever their preference may be while saving on the higher fees which is the main point I want others to understand.
1/4 of the year in and 0 requests completed
But the most requested feature (by votes on this forum) is the desktop version of Freetrade and thatās rolling out soon!!
Perhaps we can optimistically think of that as being the important foundation that all other app improvements and features/services will be built upon. Thereās no point hacking things on to the current app if the desktop version leads to a ground up rebuild. Yeah? Yeah?
I donāt know if my arguments hold up but consider it a lifering of hope that Iām chucking out to you!
Rolls Royceā¦ā¦ā¦.I know there is the nationality approval loop to jump through but can we see this on the platform soon please?
If 2-1-2 can manage it Iām sure we can at Freetrade too
thatās it. thatās all I want.
I appreciate the effort