On their pricing page I can see âstarter planâ which has zero monthly fee and unlimited free trades. Canât find anything which says only 2 trades per month. Am I missing something?
Also looks like this is the only trading app so far which allows you to buy US ETFs here in UK.
How do I invest in Drivewealth? That looks like a B2B fintech with a recurring revenue.
When opening an account with Stake you confirm that your details will be shared with DriveWealth and an application for a DriveWealth brokerage account (Limited Purpose Margin Account) will be made. https://hellostake.com/disclosures-trading-disclaimers/
You canât at the moment as itâs a private company that last raised a Series B in 2018. They are ubiquitous in the investing app space though. Partnerships all over the place.
Yeah, TrueLayerâs Payment API does look good. Reasonably priced as well.
This is not an Robinhood thread but RH UK have been taking way too long to start offering US shares in the UK. Stake showed up to a race with a copy of a Tesla Model S P100D made of off-the-shelf parts put together in less time than RH with all its millions of funding. Theyâre not Carroll Shelbyâs Cobra team but it goes to show that in 2019-20 the costs of setting up a fintech show are getting lower thanks to all the available solutions out there.
AH are an (early) investor in RH. One of many fintechs bets. Theyâll do fine since they took part in an earlier round.
Itâs in your screenshot. If withdrawn Friday, it should arrive on Monday (1 business day) 9am NY.
The TrueLayer API talks to your bank - via Open Banking I guess. If you use a neobank - Starling, Revolut (!), Monzo - it should be a breeze and TrueLayer says they donât scrape your login. Itâs very very neat, because you donât have to log into your ancient banking app to do the money transfer. If youâre with Monzo, etc itâs even simpler.
The Aussies did their homework.
And theyâre only hiring 1 person in the UK - a general manager or some sort. Note to FT that the job description describes expansion into the EEA.
What is an EU accredited investor?
Is it a mifid classed professional client⊠because I guess that way you can potentially do it. But there are a few hurdles you have to jump to become a professional client - I donât actually know them.
Hate to use the âbâ word, but potentially brexit will open up UK retail to US ETFs without the high barriers to entry
They have a popular search section which is always moving like an old school ticker tape. Examples: âTriple leveragedâ, âSilicon Valleyâ, âGold Miningâ, âSwitzerlandâ, âHigh Dividendâ. Thereâs also Most Up and Most Down by stocks, ETFs, sector (eg Financials). Overall, thereâre various channels of discovering new stocks. And the news section picks up on headlines and takes you to an external site. The NLP (natural language professing) and search functions are great i.t.o. UX. FT can implement that by revamping âInsightsâ or something. It increases user stickiness.
Would be interesting to see whatâs Stacksâ US stock universe is. Ideally there is a âno feeâ broker with access to all public stocks in the US, not just ones with high trading volumesâŠ
@aia
May I suggest you write something to give some context to the screenshot youâre posting: your motivations, your personal views on what is said there. Maybe this way the post is not flagged?!
Same would apply to others if this were to be considered acceptable. I canât see why it wouldnât