Jump to content

New Zero-Cost Investment App


joshwest

Recommended Posts

Hello all,

 

We've loved the benefits and ease-of-use provided by the US-based commission-free investment apps such as Robinhood.

It sucks that this is not available to South Africans, which is why we've built FreeFin -- South Africa's cheapest way to invest.

 

The app is currently in beta and we're adding new features daily.

I'd love to hear what stocks/bonds/ETFs you would like to see in the app.

Mention your requests in the comments for us to focus on getting them implemented in our product.

 

Thanks!

Link to comment
Share on other sites

14 hours ago, fire2029 said:

Zero cost? No commission? Are the fees merely hidden? Please explain. 

 

Assume you are investing in CFDs on behalf of client.

- Are you using OTC CFDs or exchange listed.

- Which company are you using as broker? 

 

 

 

How we make money:

  1. Paid subscriptions for premium features such as trading on margin and deep market research.
  2. Interest on uninvested/idle cash in accounts.
  3. Selling order flows to market makers.
Link to comment
Share on other sites

On 5/14/2020 at 7:37 AM, Bandit said:

 

What does this mean?

A market maker pays us to send them an order for shares. In return they guarantee execution at the current best price. The market maker can then use the order to get a competitive edge.

  • Like 2
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...