I’ve now used both enough to get a basic idea of them.
There’s a few considerations.
212 Put simply, the app is far more stable., orders appear to execute faster information is updated faster and is accurate.
212 is also launching more features than Freetrade. For example many stocks allow you to buy in fractionals and you can now (in beta) choose to buy via a money amount e.g £200 of shares, or a share amount e.g 75 shares. Freetrade doesn’t have this option to choose.
212 also has some interesting features coming out next week with ‘pies’ basically allocate stocks to a pie and you can allocate a % of that pie to it. Allows you to more easily rebalance your portfolio for example.
212 also has instant deposits, full support for Apple Pay etc. And more advanced trading options.
There’s also the reduced fees, and the more rapid expansion of stocks (I think I read 250 a week). They’ve now pushed out over 500 in two weeks compared to Freetrades 250 once.
Freetrades support I’ve used and they’re good and generally helpful.
Unfortunately for Freetrade, 212 simply has a more capable platform.
Freetrade applies a currency exchange fee, they have a fee for the ISA, and they plan to lock some future stocks behind their premium account.