Why I'm Leaving Freetrade

Why I am leaving Freetrade and moving on to Invest Engine for the majority of my investment portfolio.

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InvestEngine 📈
Bonus of up to £50 when you invest at least £100 with InvestEngine (Ts&Cs apply):

InvestEngine® is a trading name of InvestEngine (UK) Limited, a company incorporated in the UK with company number 10438231. InvestEngine (UK) Limited is Authorised and Regulated by the Financial Conduct Authority (FRN: 801128). Capital at risk.

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When investing, your capital is at risk. Investments can fall and rise, and you may get back less than you invested. Past performance is no guarantee of future results. Other fees may apply, please see terms and fees. I am not a financial advisor, and this information does not represent financial advice.

[DylanWilsonYT]

I didn't think it would be long until you left Freetrade, it was a good platform in the past - shame the fees have increased.

[kevinu.k.]

A good video - Thank you.
I did a short trial with them. The interface is very poor. I was shocked at how long they had been going. The interface is such that I thought they were new.

[shadowfear]

I moved away from them when thay upped to fee for isa and I was getting sick of there pay hiding half the stocks behind plus

[mrlolmaster]

vanguardinium vangardei, In Vanguard we trust never bet against the gold standard

[Old_Brass_Teeth]

freetrade also takes ages to give you your money after you sell a stock so you can't quickly buy something else and take even longer if you withdraw money back to your bank account

[dharmesh]

They are the only SIPP provider that lets you trade in individual stocks at low price. I have a SIPP from old pensions in Freetrade, ISA in T212 and another SIPP with Vanguard to move money above £85k from Freetrade

[amaesin]

Very detailed explanation thank you let me check out your other videos. I was looking to use them to open a trading account for my son and that is how I came up to your video

[desperatelyseekingfi]

I pulled almost everything out of Freetrade last year for the same reason. Don’t think you’ll be on their Christmas card list 😂

[DeanGun]

So how do you get your money from freetrade to a different app and will it have a negative impact on your portfolio?

[FitnessFoodRecipes]

The isa fees aren’t that bad cmon now. I don’t see the point in you paying for the plus plan in the first place, poor decision on your part. Overall, decent video. Thanks for sharing!

[troygardner]

I'm a free user i have a very small portfolio and I've noticed that they have stopped me buying more penny stocks that are currently down, i can only sell lol. Starting to feel like they're in trouble. I might withdraw and put all my money in crypto.

[AlphizzleMusic]

I only use Freetrade for their DIY SIPP, as opposed to Hargreaves.

[TomsPersonalFinance]

Only a matter of time before it goes bust. Whatever it does, Trading 212 does better. It doesn't really have anything going for it.

[Zero-Investing]

Transfer it all to T212 and Investengin

[hibbear]

Is there any limit to how many times you can transfer? Seems like only a while until other trading platforms also start increasing their fees like FreeTrade :/

[patelparth]

Free trade is the Uk 🇬🇧 company, and trading 212 is Cyprus 🇨🇾 base and Its is equipped by turkeys 🇹🇷 which is like ☪️ so its haram. So it's not good to leave Freetrade 😊

[princessunknown]

Robin Hood coming UK.. January 2024. Fx fees 0%.

[richiecramiun]

why even call it free trade, was never a fan. vanguard and t212 all the way

[davecoly]

I got banned from 212 saying I was suicidal 🤦🏻‍♂️ any other platforms ffs