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Category: Personal Finance

Platform Review: Freetrade (2021)

Posted on 08/04/202130/10/2021 by The Bearded General

Don’t assume that Freetrade can be reduced to its name: just another Robinhood-like brokerage app for share traders and speculators to freely gamble away their stimulus checks on GameStop or take a punt on the latest cryptocurrency miner. While ‘trading shares for free’ is a core aspect of what Freetrade offers, ultimately this is only one means to a more comprehensive end: enabling its users to become wizened medium-to-long-term investors, who, instead of getting burned and indebted by playing around with leveraged derivatives, stick with investing (and very likely the platform) for the long term.

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    The (Bearded) General Disclaimer

    The articles on this blog are for information purposes only, and are not to be taken as investment or financial advice in any sense of that word. Don’t trust what you see here, but do your own research. The owner of this site will not be liable for any errors, omissions or damages arising from its display or use.

    Finally, to sincerely cite the usual cliches: financial investments may rise or fall and past performance does not guarantee performance in the future, whether of income or capital growth. Alas, you may not get back the amount you invested.

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