Sorry if you are not the right person to ask. I’m happy to postpone this question to a more suitable AMA down the road with the Head of compliance maybe?, or with whoever has the relevant role.
Freetrade is now going to partner with a US Broker for US listed securities and fractionals isn’t it? Will Freetrade be receiving payment for order flow?
Disclosure: in short I think payment for order flow is good for shallow pockets people like myself. People with deep pockets will probably be better off paying transaction fees a dozen a piece. But for people with small amounts available for investing, say £100 per month, a £10 investment can be placed without a 100% transaction fee on top of it. If the price to pay is a fraction of a penny or even a few pence so be it. I’m in
I recently changed smartphone and the process of logging in into the app is surprisingly easy and “feels” insecure. How safe are Freetrade accounts, really? Do you plan to implement security measures such as MFA with authenticator apps in the near future?
And… has there been any breach of individual accounts in the past few months? I mean cases in which someone else managed to access a customer’s account, possibly also trying to withdraw money. It would be interesting to know how you dealt with that - or, if it hasn’t happened, what your plan to deal with that would be!
Hey guys, i was thinking it would be awesome to offer an in-house GBP-USD converter, similar to what Revolut does, ie offer GBP and USD accounts. That would allow investors of US stocks hedge GBP-USD movements!!