Freetrade’s Revenue Model: How They Generate Profits

So there’s this cool fintech company called Freetrade which is founded by Adam Dodds, Viktor Nebehaj and Davide Fioranelli. They’ve totally shaken up the brokerage industry with their free share dealing service. The platform’s goal is to make investing easy, cheap and dependable. They want to help people invest for the long haul instead of trying to get rich quick. So how does Freetrade make money if they don’t charge any fees for trading? Let’s check out how they make their money.

Freetrade: Commission-free Trading Made Easy

Dodds who knows a lot about accounting and financial auditing tried to open an investment account in the UK and was like “Whoa this is way harder and more expensive than I thought it would be!” He saw a chance to get rid of those pesky broker commissions so he started up Freetrade in October 2018. The platform allows you to connect straight to the London Stock Exchange (LSE) instead of going through brokers and this cuts down the cost of each transaction by a lot.

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