May that result in easier tax reporting for germans? I am also very interested in this
Any opportunity to invest in T212?
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Looking forward for that 
If anybody is interested, Freetrade is now open to investment on Crowdcube. Interesting to read what people are saying in there, and can also get access to the investor deck, which I havenāt yet.
Hereās a link to T212 Vs FT
https://www.crowdcube.com/companies/freetrade/pitches/bvP4rl/discussions/b0wdLZ
I gave them 100 pounds in this round. I spent the same amount of money in the previous round as well. The interesting part is that even if I subscribed into their forum my account was never approved. And I am an investor and user of their platform.
Now my 2cents regarding this round. I am not persuaded by their pitch. They will definitely not going to meet their targets. Their valuation is just too big. But, I want to support any effort towards making the UK/European financial world more tech savvy. Trading212 and freetrade(close to 0, they charger FX fee) introduced zero commission trading. Thatās a huge benefit for the consumer and average investor. I am pretty eager to see what products those companies are going to introduce to monetize their platforms. Thatās how innovation works. Down the road I can see both companies thriving and the UK investor having a lot of good options.
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I think they will do well too, but theyāre just very far behind at the minute, but if anyone can catch up it will be them. But how can you catch up on a company thatās moving faster than you? Trading212 will be the market leader for a long time, I donāt even think RobinHood will take the top spot when they come over here
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Looking through the pitch deck, theyāre really trying to make it look positive. They never even included T212 in the market overview?
I can totally get their community point that trading212 is luring ppl into their CFD platform but Trading212 execution is just amazing. IMHO this is actually positive for Trading212. In my eyes they just provide you with more options. If you want to use CFDs, futures/options and in general being able to leverage this is cool. Trading212 is providing that tool. Now, it is up to you how to use this tool. In addition, CFD provide Trading212 with a positive cashflow stream. They dont need crowdfunding and VC money to make it work. But not everybody think the same. I think in this world there is room for Coca cola and Pepsi.
I invested a lot in one of the easier rounds so looking at a lot of paper gains. I think they will do well and I wish them well - their ethos is making investing simple and accessible, whilst 212 is for more sophisticated investors I argue.
As much as I like FT, I moved my ISA to 212 as they are so much better at execution, have a superior offering and at a lower cost. Itās a no brainer.
With regards to the FT crowdfund, the retail sheep investors will buy it but their pitch deck is an absolute shambles. Ā£140m valuation for 40k āmonthly average usersā with an average pot of Ā£3,200? I think not.
Zero proper financial information, no plan on how they hit their projected 3M customers in a few years time, itās just pretty screenshots. There is nothing to do your due diligence on.
No consideration of increasing competition, wilfully omitting 212 from competitor comparison, no indication on how they will break every European country where there are established players with a well known brand and better propositions, totally ignoring the economic meltdown that we are in. Itās just not believable. Itās build on hope, not a plan.
Also looking back at previous pitch decks they have not delivered on growth or functionality, they are far off their promises.
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Yeah they really cherry pick their information
To be honest financial services are one of the very few that being āfreeā has a very strongly negative feeling for me.
Iām on tech/startup world for almost a decade, free always means āyou will pay somehow no matter whatā, there is no āfree lunchā and money doesnāt grow on trees.
Thereās absolutely nothing wrong with T212 CFD, but itās basically a slot machine where is 100% guarantee that the majority of people will loose money and thatās how you make your money, that bothers me.
I would be very happy paying a fair subscription fee for any stock platform that has solids features for investors (not gamblers) and that really tries to help people to have a better future.
I mean although we know that youāre likely to lose money, Trading212 arenāt encouraging anyone to use it. Itās just there. There is a large amount of people who want to day trade to make quick money, and thatās their own choice. Not offering it would be quite foolish for Trading 212, missing out on profits from those people. Freetrade from my understanding donāt offer CFD, and they have to charge some fees and premium memberships
You will do at some point. Theyāre fleshing out the invest product before there will be any charge though.
76% lose money on CFDs.
Itās not working so far either. 800k revenue, theyāve got over 5.5m in salaries before we introduce any other costs.
Looks like theyāre going to Ā£10 a month subscription charges, with the free account getting access to a more limited universe.
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Thatās the point, what happens to T212 if people donāt go there to lose money?
If you plan to use a service for a year or two, nothing of this matters, but there are many people looking to put their whole life savings in a service for decades, of course nobody can predict how the world will be in 10 years, but having a solid and clear business model that do not rely on peopleās desgrace sounds a very fair requirement to me.
And Iām not talking just about T212, but of any of these free platforms, the last thing that I want is to have to worry about the business model/health of the place where I will put all my savings for long as the company survives.
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So you are saying betting houses/casinos will go bust in 5-10 years? 
T212 has not invented the wheel, quick fortune was always lure of many, I doubt we see day when folks stop trying to get wealthy over nightā¦
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CFDs can also be used in ways that have little to do with gambling. For the cost of the spread and swap fees, much like paying for insurance, a CFD can be used to protect against out-of-market risk when reorganising oneās investments, as when selling and moving investments into an ISA, or moving investments between brokers.
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Trading 212 is on the way to make its free share dealing service sustainable without introducing any fees and commissions. Weāll post more on that in a few hours.
Here are two metrics compared:
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Trading 212ās monthly growth in AUA (assets under administration) is bigger than the total AUA reported by Freetrade (Ā£150M).
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Trading 212 is adding more users per month than the total userbase of Freetrade (160K). And by the way, users are not funded accounts.
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Greatā¦ looking forward for that 
Iām relieved I didnāt invest much in FT because, to my eyes, itās turning into more and more of an omnishambles.
The fact that I was an early investor in FT and Iāve switched to T212 says a lot.
FT seems to want to reinvent the wheel while introducing the most basic features offered by all other brokers takes a backseat.
According to news reports, there is a toxic culture at the top of the company, whichās also evident in the way FT shuts down healthy criticism on its community.
For me, the problem is that FTās run by marketeers who are trying to impose their vision rather than listening to what customers actually want and acting accordingly.
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