It seems a little odd that there’s currently no ETF on Freetrade tracking the stock market of the largest economy in Europe.
The Xtrackers DAX UCITS ETF is the largest-volume FCA-recognised DAX ETF with UK Reporting status, so presumably the obvious choice to be added to Freetrade’s catalogue.
This request does raise an interesting question with respect to Freetrade’s European expansion however… Would Freetrade in future offer both the GBX-denominated version of this ETF that is listed on the London Stock Exchange, and the EUR-denominated version listed on, eg, the Stuttgart Stock Exchange? I guess the same question arises for, eg, the STOXX ETFs already on the platform.
EDIT : Scrap that! Volumes look low and generally low via any trading facility…but the LSE looks weak too… so you’ll likely NOT see FT get this one on board as the 4pm batch trade is liable (how? I don’t understand) to fail (with the usual level of customer annoyance). Yet at over £100 share price and minimum market maker quotes on the order book at 450 shares that gives the batch a window of nearly £50k before it breaches the likelihood of automated execution. So long as FT have a decent few Market makers on the end of their electronic orders then it really should execute…but…hey… this has appeared to be a problem. All hail the “Invest Platform”. That shall resolve all. Hurrah.