Freetrade management are ensuring that fees and charges remain low or free.
There is no such thing as a free lunch.
Besides, I thought every single one of us was a shareholder, and were busy doing high-fives when Freetrade attracted 1 million users.
Increased revenues is good for the bottom line of the company - keeps your fees extremely low, and hopefully boosts share price of Freetrade.
Agreed. I donāt like the risk element, but nothing is free, and as a shareholder, this is overall good. Will increase revenue and make the ISA offering more attractive.
Since this applies to Uk shares which arenāt fractional, does this stop this feature being implemented in the future. As I would like to see fractional shares for etfs listed on lse
I donāt care, I donāt invest in meme stocks hoping for a short squeeze. Someone always takes the other side of any trade. When you buy shares you are basically hoping the other guy sold them too soon and is going to miss on gains.
Edit: also it wasnāt me that flagged your post. I donāt know why people do that, it wasnāt offensive or insulting
Another edit: heās gone and Iām talking to myself again, was it you know who?
We are actively analysing how we can get LISA and JISA in Freetrade. There are Freetraders who themselves want to transfer their LISA from other provider, so the motivation is there!
Iām all for Freetrade attaining additional revenue streams, but is there any scope for opting out of this without me having to switch brokers as I have been happy up to now with the Freetrade service.
I understand that security lending doesnāt apply to ISA accounts, but I do not want to lend out my shares in my GIA or SIPP either. I have been happy so far paying monthly for my Plus account and SIPP. My wife also has a Plus account and I was thinking of transferring her SIPP over to Freetrade, but if security lending is compulsory, then regrettably I will be switching providers.
So, let me get this straight. By definition, any shares that I buy using Freetrade are shares that I hope will rise in value (price and any associated dividends) and provide a return. You now want me to agree that you can lend my shares to institutions that want to bet against the companies Iāve invested in, driving down their share prices and creating negative perceptions of my investment.
I see that Freetrade representatives have been active on this thread. Can someone articulate why lending my shares to people who want to short my long investments is of benefit to me?