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With Freetrade, you can invest for free in the stock market. We think everyone should have the opportunity to own a piece of the companies they believe in.
So we’re building the world’s best stockbroker with no commissions, no jargon, and an ever-growing feature set.
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- Invest in shares and ETFs. No fees, forever.
- Only pay for the premium features you want.
- Invest with our ISA for tax-wrapped returns.
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- Get started with £1.
- Intuitive design
Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go up as well as down and you may receive back less than your original investment.
Freetrade is the trading name of Freetrade Limited, a company registered in England and Wales (No. 09797821). Freetrade is authorised and regulated by the Financial Conduct Authority (No. 783189).
Our registered address is: Freetrade Limited, 68 Hanbury Street, London, UK, E1 5JL
Feature prep galore in this release. Right now this particular update may not look too flashy but in the future critics will describe it as underrated.
Ratings and Reviews
Good at the moment but I expect it will get better
So the concept of the app is great, saves spending the best part of £12 per trade with certain competitors. The options are limited but are expanding and there is a good selection of ETFs.
In terms of what could be improved: - I would like to see the portfolio revamped a bit as to show more details.
- the information about particular investments should be changed as the green line at the moment is fairly meaningless.
- the ‘discover’ tab should be made into separate sections and more easily navigable.
Well designed but not what I expected
When I got in line for this app I expected that I would be able to invest in nearly any UK company, but instead find a limited number of options that I’d describe as “plodding along” with no real point in investing in them. Weatherspoons and Admiral insurance, really? Better off putting money into a S&S ISA.
I imagine this is a result of them doing a single large trade a day that consists of all the buys and sells of their users, so a limited number makes that easier - the price to pay for free trades I guess.
Even if they add a few more options, for me personally this is far too limiting. I will say however the app looks fantastic, and clearly the developers have put a lot of work into it.
Developer Response ,
Thank you for the feedback! We are constantly working on expanding our stock universe and our offering, including US stocks. We have an open discussion on our community board on things we are working on bring out (https://community.freetrade.io/). Hope to hear your ideas there to help us build an amazing product.
The portfolio graph is useless. It shows a squiggly line that’s the same value as the portfolio text next to it (the money I’ve invested). So it serves no purpose since I can already read it. The app doesn’t state what the overall profit or loss is, like what Hargreaves & Lansdown does.
The day graph for individual shares makes no sense. There’s no indication of the value at any particular time of the day. Have a look at the Apple Stocks app which is light years ahead and compare their day graph with what you offer.
Yes, the interface and icons look nice and low fees are great, but it just feels a little bit amateurish at the moment, especially with the BT description which is neither funny nor edgy. 🤷♂️
Developer Response ,
Thanks for the feedback! We're constantly improving in a number of areas to improve the app and the entire experience. Hope you're enjoying it and do check out our community board to see the latest discussions and updates we are working on (https://community.freetrade.io/).
- Freetrade Limited
- 60.1 MB
Requires iOS 10.0 or later. Compatible with iPhone, iPad and iPod touch.
- Age Rating
- Rated 4+
- © Copyright (C) 2019 Freetrade Limited. All rights reserved.
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