- Fintech stocks and shares


If you have a gmail account you can use the ‘+’ feature in your email address to send yourself multiple referrals.

I did that, and got in within 10 days :smile:

(Liam) #62


(Wish I’d have thought of that)

(Dan Mullen) #63

You need to be careful though as more and more companies are getting wise to this. There’s usually something in the T&CS that says they can ban you if you do this sort of thing.

(Don't Bullshirt Me, I know what the Fork is going on here!) #64

Freetrade track the IP address you signed up from

That’s what caught me out despite using different addresses on different domains.

I contacted customer service and convinced them all my signups where “in person” referrals and thus they signed up from my PC


VPN’s are great for this reason, being able to refer a good amount of “people” before anything gets flagged :joy:

(Liam) #66

You’d be able to do a few just by turning your phone on and off a few times.
I’ve got a static IP at home but my mobile provider is as dynamic as dynamic can be!


Last resort you can keep moving from Tower to Tower :joy::joy:

(Liam) #68

Toggling between 4G and 3G.
I’ve done that a couple of times in the past to get a different IP.

(Liam) #69

For those who haven’t seen it already, a wait list version of Freetrade has dropped in the Google Play Store:

You can sign up… but that’s it. It’s under active development though so hopefully this will be open for business soon.


A couple of questions.

  1. What do you guys think of Freetrade’s stocks and shares ISA?
  2. Would you buy a lot of stock in Royal Mail considering Corbyn wants to buy it out using taxpayer money :thinking: should drive the price up if he’s buying in bulk like that, right?

(Liam) #71

First of all, I suppose I’d better say that I am not qualified to give financial advice, and this therefore is not financial advice…

To answer your first question, if you compare Freetrade’s ISA against IG you’ll find:

Freetrade charge you £3/month to administer the ISA (called a custody fee), whereas with IG it’s free… on the condition you make 3+ share dealing transactions (buy or sell) in a quarter. It’s £24 if you don’t.

Freetrade would charge you a quid for an instant trade or nothing for a queued trade (executed the next time the clock hits 16:00). IG charge around £8/trade.

So if you made your 3 trades with IG in a quarter, you’d pay £24. On Freetrade that would be £9 in custody fees and between £0 and £3 in trading fees.

Freetrade wins on that score.

Question would be whether you’d need the ISA wrapper though? As I understand it, unless you were likely to make gains of more than £11,700 in the financial year there’s little benefit to paying the ISA fees.

As for question 2: Ignoring the political aspect of it and taking it as you’ve said, governments that nationalise industries rarely go to the stock market and just buy shares at the going rate in the same way that governments that want to build new railways rarely buy land at proper market rates.

I’d suggest that might be a risky strategy. One that requires the advice of an independent financial advisor, a socialist and possibly a clairvoyant.


If something is nationalised nothing is given for the transfer of ownership.


They can legally just take the company?

(Liam) #74

If you have control of the legislature you make the laws. In theory you can write a law that gives the state the right to take privately held assets

In practice its harder than that, and there are many reasons why any such powers need to be handled with care. These can be commitments in international treaties, the complications of our (unwritten) constitution and just plain politics.

Corbyn’s team have also expressed interest in nationalising the railways and the water companies.

The railways would be easier as you would simply wait until the existing franchise agreements ran out and then just fail to re-advertise them, taking them in-house.

One day you have a right to run the train, the next it has lapsed and is the right of the govt.

Anything that is owned privately is harder; you could opt to pay the market rate, you could make a law giving you the right to seize or you could purchase them compulsorily at a reduced rate.

To pay the market rate for everything that it has been muted could be nationalised would be very expensive - especially given current forecasts for how our economy will cope with Brexit. To seize assets would send a message to anyone still willing to invest in UK infrastructure or business that the state has no worries with watching you build something and then forcing you to hand it over.


Isn’t the state taking control of everything more along the lines of communism :thinking:

(Liam) #76

Nationalising all industry would be. Corbyn would argue that his policies are in line with socialism, as practiced in other European countries. He would probably want to avoid comparisons with socialist nations in Latin America.

In the interest of balance though it should be pointed out that we already have many nationalised/Govt controlled industries in the UK:

Healthcare, Network Rail (The infrastructure but not the services that run on the railways), LNER (Passenger rail on the East Coast Mainline), TfL (London Underground, etc), Channel 4, BBC (and by extension 50% of Dave, Eden, Yesterday, etc), Water in Northern Ireland, Student Loans and of course RBS and Bradford & Bingley.

At various points they’ve also run:
A bookmaker (Tote), Telecoms (BT), Oil (BP), Electricity (National Power, no npower), Airports, and more.


Some of private utility companies in the UK are owned by French or German state-owned companies. Are those British companies domestically private or internationally state-owned?


I just received an email:


We gave you access to zero-fee investing with Freetrade, but we haven’t heard from you in a while.

We don’t want to be too clingy! blush So, after the weekend, we’ll remove you from our mailing list and won’t buzz you again.

We’ll also pass your access onto someone else. cry

If you do want to use your access, please download the app before Tuesday 8th January!

I think the problem is Viktor, why would I waste my time downloading an app just to wait. Produce the product and I’ll give it a go.


They launched at the worst possible time. It could be that quite a few users thought about siting through the stock market slump and didn’t jump straight into investing with them. As always with start-ups, numbers matter so this remainder is not that surprising.

I really wanted to join their community as honestly speaking am more into investing than personal banking. However, on seeing that the core of the community is made up of ex and current Monzo community users with patchy record of treating other users nicely, I will be abstaining.

(Liam) #80

I’m not on there all the time, but from what I have seen the atmosphere does seem different on FT’s community.