As a new investor/trader Freetrade was great for getting started and placing my first few trades. However I’m trying to become a more active trader and Freetrade simply isn’t providing the information needed to do this.
I understand that asking for minute by minute candles, volume, positions, and orders might be a bit much at the moment. However something simple like providing the bid/ask spread would be a massive help. In most small cap stocks this spread may only be a few pence or cents but for larger companies it can mean a different of tens of pounds/dollars, which can be a drastic difference when selling a high volume of shares.
At £9.99 a month Freetrade is one of the more expensive platforms to use to trade global stocks and at the moment, the features available don’t seem worth it.
To confirm, I am requesting more chart information available on the app. In addition to this if anyone can confirm if the prices shown on Freetrade are the bid, ask, or an average or median of the two, that would be great.
Having recently signed up for Etoro, while they have been around significantly longer, their features are far more useful for a much lower price tag.
Edit - please only reply if you’re going to provide actual information, as I state at the start I am a new investor and may not be the most well informed. The replies so far are seriously making want to transfer from this app entirely.