🌳 Spring Meetup - Freetrade HQ, London

Can the company achieve break-even without any additional capital injection?

I guess if they could they would have done so already :man_shrugging:

Good evening all! :wave:

Looking forward to seeing everyone that can make it on Monday - not long to go now, please continue to post questions for Adam and Viktor to answer.

Have a good weekend!

Why is Freetrade not keen on having a moderator for the community? It was a million times better before and really made newbies feel welcome and part of something amazing. Would management consider revising their decision?

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Probably coz its a thankless task!

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I am sure some of this questions below were asked before, but I will put my spin on them:

  • The European expansion strategy seems to have changed. What’s the new strategy for new markets? What’s the current ambition? Are you waiting for the bear market to finish? Are you waiting to become profitable first? How is the Sweden expansion going, is it the success you were expecting? Numbers on the users and revenue growth.

  • Even if we have seen new features coming out and not diminishing the teams efforts, I have to admit that I was expecting a faster pace when it comes to app development over the last 2 years, after all, that’s Freetrade core business and it should be where Freetrade should spend most of their efforts. Can Freetrade share some thoughts on this? Is this it related to operational capacity, bureaucracy, governance/management bottleneck?

  • Last year, during the previous crowdfunding round, Adam gave us the idea that Freetrade was pretty much rejecting the idea of a sale. The news and rumours online contradict this. Any comments on this from the Freetrade management team?

  • Where is the JISA and LISA? Last year we heard that JISA could be just a step away, but we are still waiting for it, and in the meantime HL released a free(costs for DD and obv. tax associated with purchases) JISA. Isn’t this a missed opportunity to get ahead of the competition and increase AUM and revenue?

  • It’s clear that competition has increased and there are new apps flooding the neo broker market in the UK. This will likely put pressure on Freetrade margins and potential revenue growth. How is Freetrade planning to keep a competitive advantage against competition considering my points above?

  • Should we expect another crowdfunding round (R9?) this year or are you avoiding a new valuation with the current market conditions?

*(Not a question, just overall comment) I feel that Freetrade has lost a little bit of the mojo that impressed me and many investors and customers which is characteristics of startups. From the management engagement, to the forum (although we are in a bear market and this could be absolutely normal) and even customer sentiment. Is it the current financial pressures putting people off or is it the size of the teams? Please bring the spark back!

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Some things I’d appreciate updates on:

  • Lisas/Jisas
  • Web platform
  • Reits in Sipps
  • Employer contributions
  • Withholding tax in Sipps
  • Fractional UK/EU stocks
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Instead of getting a snapshot of the future every x months you host a meetup, please just share and update a roadmap

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Will we see employer contributions to SIPP in 2023?

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Hello Omar
I have a ticket and will be visiting the Meetup.
As you providing some hospitality (beer and Pizza :pizza: :pizza:) can you ensure that there is a VEGAN Pizza available
Thanks
See you Monday

Sanjay

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Just jisa

As we come to the end of another UK tax year, its timely to ask when will Freetrade finally start to provide an annual/consolidated tax certificate.

It really is a basic feature that every other broker provides.

https://community.freetrade.io/t/feature-request-annual-tax-certificate/

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Hope some pizza will still be about for when people break their fast! (7:40PM)

Probably none or cold by that point

Hi @dodsfamily There will be vegan options - gluten free too.

Good morning all!

Looking forward to seeing you all this evening.

As this evening’s event will likely be running through Iftar - this is when Muslims observing Ramadan :crescent_moon: break their fast, there will be a second round of pizza :pizza: served at 19:40 on our 4th floor, with access to our Wellness Room for those wishing to pray.

If you are observing Ramadan please make your way to the lifts and select 4 - the pizza will be there with soft drinks.

Someone from Freetrade can show you to the Wellness room if you need access.

Kind regards and Ramadan Kareem to all!

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Amazing Thank You! :heart:

I retract my previous comment. Well done freetrade :clap:

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I can’t make the meeting tonight as I’m sick - How do I return my ticket?