Hahahahahahaha
May need to give consideration to Freetradeâs revenue model though which is majority FX revenues and minority subscription revenues.
FT probably makes more money from people around the world buying US stocks than they expect to make from allowing US customers to buy US stocks. Thereâs a big unknown here as to what the appropriate revenue model would be if they were to enter US market.
6 Likes
FT donât need to expand into the US. Hargreaves Landsdown are worth ÂŁ7.5bn and they only operate in the UK.
If FT can capture a good % of users across the top 5 European countries to add to the UK theyâll likely have a comparable if not better valuation.
Robinhood is a juggernaught with very deep pockets, to try and win the war with them and take PFOF as your main weapon will never work. People still use Facebook despite what we all know about their data practices and shady behaviour - itâs a shame but people want free stuff and will live with the out of sight downsides.
12 Likes
I agree that PFOF is a questionable way to make money but I donât think the average investor really care about if his/her broker use PFOF.
Guys, do you really think that a lot of people are going to read the The European Securities and Markets Authority paper about PFOF?
Robinhood had bad press for over 6 months about this issue, but it didnât stop the company to grow its users base like crazy and be ready for a $40bn IPO.
Yes PFOF its a way to judge a company about ethics, but its just one factor. What about how a company treat/compensate its employees, hiring diversity, LGBT �
Investors judge companies by revenues, and yes a lot of them would prefer to invest in a company with $2bn of âbad revenues/PFOFâ, than a company with $20m of âgood revenuesââŠ
4 Likes
Exactly, just as @David76 said
PFOF isnât great for the end consumer but as I cited above people flock to Facebook & Google despite them having some slightly questionable uses for your data. The average man or woman on the street who is investing for the long haul and doesnât care about GME/AMC wonât care about PFOF.
3 Likes
When Freetrade tries to take on Robinhood in the US, time to sell. No offence!
3 Likes
Itâs ok, I donât hold any Robinhood shares 
7 Likes
Jason Calacanis did the Robinhood seed round in one of his funds and returned somewhere in the region of 500x!!!
1 Like
Australia 
âBoots on the groundâ @adam
Sweden 
Hired an MD and building out a team for the EU HQ.
1st wave of expansion -
Finland 
Denmark 
Netherlands 
Belgium 
France 
Ireland 
2nd wave
Spain 
Portugal 
Italy 
Germany 
Croatia 
Austria 
Slovakia 
Czech Republic 
Lithuania 
Estonia 
Latvia 
USA 
???
7 Likes
@Babyiamback Youâre time on across this forum can be useful and mutually beneficial or it can be full of back and forth arguments over things that you have no idea about.
What ever you did to get your first account banned is probably what will get this one banned too.
Take a break and accept that there is no shame in admitting your wrong.
10 Likes
Thereâs actually quite a bit of negativity in the US around Robinhood, not just because of the GME thing. Quite a lot of more experienced investors wonât use it because of the PFOF thing. They want best execution.
Robinhood donât own the US market
2 Likes
A friend is looking to purchase Freetrade shares - DM me if you are keen to sell, how many shares you hold and what price you would be looking for per share. Thanks
https://www.instagram.com/p/CTAYu9ilWRaYXVIFlu8cyYioJ-XHpeV0xiDvC00/ All Freetrade shareholders 
This topic was automatically closed 416 days after the last reply. New replies are no longer allowed.