RE: Any Freetrade shareholders here?18 Jan 2025 20:09
Not a shareholder but a satisfied customer of several years.
I nearly bought into the crowding a few years ago but am happy to have dodged that bullet!
I’m not remotely shocked with the takeover as Freetrade offered ISA and pension clients the chance to get 50% of their annual fees back if they paid the yearly cost in full just before Christmas.
At the time I thought they must be desperate for cash - I was previously paying £12 or thereabouts a month, and got an entire year for £60!
My guess is they were running on fumes at this time, and this hastened the sale.
Looks like the shares are being sold cheaply relative to where they have previously been - my sympathies for anyone screwed by this!