MEGATHREAD: European expansion 🇪🇺

Trade Republic is launching in France, I signed up to their waiting list a few days ago and have just been invited to use the service

2 Likes

And we’ve seen huge increases in the number of active retail investors

2 Likes

Freetrade let’s get this incredible product rolled out to Europe ASAP, we all know accounts are sticky and getting that initial low hanging fruit could really help FT gain major traction later down the line in the region.

@Viktor @adam you’ve done a great job in the UK, don’t let the competition take this away from you in Europe

6 Likes

Hey everyone

Thanks for the support.

Another crazy day out there, doing as best we can!

Some circuit breakers have been triggered which is delaying orders too…

23 Likes

When will you send this newsletter?

Where can you see those circuit breakers? Is there a list available (again, just out of curiosity, I am not trading today, just enjoying the show)

By the way, I have no intention of buying Game Stop :joy: :laughing:
It has been nearly a year since I asked you when are you going to launch in Poland. And sadly, you still didn’t launch.
Do you have EU license?
What’s holding you back from launching in Poland?
I sold most of my AAPL stock on Revolut last month and am hoping to buy it back much cheaper on Freetrade, when you finally launch here in Poland.
But your EU expansion is so slooow. :frowning_face:

6 Likes

Oh, it seems you’re busy now
https://www.cnbc.com/2021/01/29/gamestop-saga-uk-trading-app-freetrade-halts-purchases-of-us-stocks.html

@Freetrade_Team @Viktor @adam Is it possible to have a more clear timeline for the Roll-out to Europe?
I found the roadmap and the (latest) newsletter too generic. I don’t need to know the exact date but I would like to know if it will happen within months, whithin this year or next year?

I am already investing using the app as a beta tester in the Netherlands. However, for practical reasons (conversion from Euro to GBP) I am keeping my invested sum to the minimum (already for a full year).
This year I have the intention to go a bit bigger. So I am wandering if that’s feasable with FT timeline for the Netherlands.

Any small clarification is much appreciated :slight_smile:

22 Likes

Please come to Croatia. :croatia:

5 Likes

Any French folks here keen for some movement? It looks like there’s a new French member of FT team. Welcome @Romain

11 Likes

Bonjour @Romain :wave: :fr:

9 Likes

Une confirmation de la part de FT sera bien. Enorme nouvelle!

6 Likes

Putting rocket emojis are the thing lately but FT expanding to Europe will feel like that for sure :smile:

1 Like

Amsterdam must be a priority. It is now becoming the main exchange in Europe now that UK has left EU.

1 Like

To quote @adam, Freetrade have hired their first employee in France who is launching the platform there “right now”.

To missinterpret @adam, Freetrade were launching in France at 18:47 UTC today.

21 Likes

:postbox::gun:

:clap::clap:

11 Likes

Loving the fact that Adam takes no prisoners on his Twitter! :rofl:

4 Likes

Viktor didn’t mix his words on his Twitter either on the same issue - I love the honesty and boldness to call rivals out on their lies. The translation of his post (according to Google Translate) basically reads:

“There is nothing worse than when a company is not honest with its customers. To say they are not like the evil American company if their business model is exactly the same.”
and " Why is the “Payment for Order Flow” concealed?".

Not sure Freetrade could be more clear where they stand on such issues. One of the best things to come from the Clubhouse the other day was Adam talking about how the model will remain consistent when opening in other markets too. :+1:

10 Likes

I wonder whether Canada might be on the cards one day? Dodds obviously knows the landscape and from what I’ve heard they don’t have any commission free options because RH etc don’t want to go near it, because payment for order flow is banned.

3 Likes