No, there is risk as I mentioned in this post https://community.freetrade.io/t/were-updating-our-terms-securities-lending/59760/418?u=euang above. You must have read that post as you liked it.
The later post you replied to was where I was mostly talking about custody to someone newish to investing.
Nicely clarified, thanks
This breaks my heart and it really upsets me at times,I invested in Freetrade and if I am honest I let my dreams/imagination get carried away. I honest to god did not believe that a fintech could be so slow in onboarding features. I look at lightyear as one example who have been granted permission for European expansion already.
AJ Bell let you put non-ISA stocks in a LISA then charge you for the initial buy and any sells of that position.
AJ Bell regularly have app outages.
AJ Bell charge a fortune for trades.
AJ Bell have missing data on some of the stocks I hold and wonāt do anything about.
AJ Bell are worse than Coldplay.
Come on theyāre not that bad.
There is literally a thread on Reddit claiming that Griffin from Citadel came to the UK to meet with Adam to push for securities lending when FT has been talking about securities lending for years already.
Superstonks collective intelligence at its bestā¦ 
So much misinformation. People need to understand that FT is doing exactly the opposite.
Building low cost no bullshit/no CFD/no PFOF/no leverage investment platform
with benefiting retail consumer as a fondamental core value of the platform
If Kenny G wanted a meeting itās Adam who would be summoned to New York not the other way round!
Citadel & Robinhood have circa $136bn AUM, I donāt think Freetrades $1bn (less when you exclude ISA holdings) really counts.
I too have no time for such conspiracy theories
Everyone will have a point of view on which broker suits them best. Lots of factors come into playā¦ For example, size of portfolio, frequency of trading, customer service level needed, need or not for particular features, ethics, knowledge/experience as an investor etc etc
So one personās poor expensive broker will often be anotherās good value for money broker.
This isnāt comparing like for like, theyāre operating as an appointed representative through Risksave. Freetrade did this initially but got fully authorised before launching.
From the risksave site: āThe AR regime is very common in the FinTech space, where technologists often lack the operational experience to create a traditional Financial Services firm and the AR to market route is so popular.ā
Advantageās & disadvantages to each approach, short term vs long term. I think the timing of the each launch validates their approaches.
Part of me thinks why donāt they just go full on 212 mode and have CFD accounts.
I think the fact you can loose your stocks* to share lending proves in my mind that freetrade has moved itās ethos considerably. Of course thatās my own personal interpretation of the situation, and not a statement.
You can loose your stocks* to share lending on 212 also.
*No matter how rare the possibility is, itās still a possibility. Noether company will offer a blank cheque either.
Stop spreading misinformation and blowing it out of proportion, please
What part of Ā« cash or bond collateral Ā» updated daily is not clear?
Might as well stop using your bank account because you bank has a loan book with a probability of default*
*No matter how rare the possibility is, itās still a possibility.
For the CFD part of your question, please, refer to the Freetradeās value proposition on the main website since at least 2018
I am not putting my money with a broker holding Estonian licence without a clear path to profitability personally
They will lure new customers in by offering attractive FX fees and then either raise prices or introduce new fees like t212 did.
Securities lending is a brilliant way for FT to finance the platformās growth, build new features that you are so desperately requesting Brian, while keeping the platform low cost.
Misinformation is bad. Isnāt best way to deal with it for FT to front up to a couple of genuine concern questions that are being asked? The FT decision seems to have been made not to answer them. I want to keep this from becoming circular/unconstructive so I wonāt go over the issues again.
Agreed. I recommend AJ Bell to anyone I know with whoās really into masochism. In fact, I might start a niche OnlyFans and record myself every time I trade - someoneās going to love watching that.
I would respectfully suggest that post is not becoming of an Investor
You need to put some disclaimer on the good old AJ jokes. New joiners might get confused.
Jokes?
Letās keep this on topic. Some users have genuine questions
Forgive me for the sense of humour failure but Iām having to make a life impacting reassessment of my SIPP provider. Never expected to be in this position. Treated as a joke here and with indifference by Freetrade.
Final edit: I really donāt think thereās anything the FT forum can gain from me nor I from it. Itās been an interesting and informative 3 and a half years. Goodbye
