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Description

Freetrade makes it simple to invest and trade in the stock market, commission-free*. Join over 1 million Freetrade users. Download Freetrade to start investing today.

SIMPLE AWARD-WINNING APP
Winner of Best Online Trading Platform (British Bank Awards) and Best Broker For Beginners (BrokerChooser).

COMMISSION-FREE STOCK BROKER
No commission fees when you buy or sell stocks (other charges, such as foreign exchange fees, may apply).

INVESTING IN SHARES
Open an investment account and start investing in the stock market from £2.
Invest in stocks and shares.
Download the stock trading app to access US and UK stocks.
Invest your money & trade in shares listed on stock markets: London Stock Exchange, NASDAQ, NYSE.
Buy shares, ETFs, investment trusts via our stock trading app.

US FRACTIONAL SHARES
Fractional shares make US stocks affordable. Buy a fraction of a US share and invest the amount of money you want.
As with all investing, your capital is at risk. The value of investments can go up as well as down and you may receive back less than your original investment. Tax treatment depends on your personal circumstances and may change in the future.

INVESTMENT ACCOUNTS
General Investment Account - GIA
Subscription-free share dealing account, easy to open.
Trade and invest in stocks and ETFs. Take control of your finances and money.
Simple investing and trading with our share dealing account.

STOCKS AND SHARES ISA
Open stocks and shares ISA to invest your money tax-efficiently in UK and US shares.
Flat monthly fee for your investment ISA. Grow your money, not your fees.
Invest up to £20,000/year free from UK capital gains or income tax.
Free, fast ISA transfers from another stockbroker.

GET A FREE SHARE
Open or transfer to a Freetrade ISA and get a free share worth £50 - £2,000.
Capital at risk. ISA rules and T&Cs apply

FREETRADE PENSION (SIPP)
A SIPP (Self-invested Personal Pension) is a tax-efficient personal pension savings account you control.
Open or transfer your pension and join thousands of people that trust Freetrade with their retirement savings through our SIPP (Self-invested Personal Pension) product.
Take control of your old pensions. Consolidate lost personal pensions in one pot with our pension tracing service.
Decide how your personal pension (SIPP) is invested. Choose UK or US stocks, ETFs that reflect your values.

FREETRADE PLUS
Make your money work harder. 3% interest on uninvested cash up to a maximum deposit of £4K. Free ISA. Share dealing order types: limit orders, stop losses.
Trade and invest in stocks and ETFs. Take control of your finances and money.
Simple investing and trading with our plus share dealing account.

WE BELIEVE IN
Educating everyone about the benefits of long-term investing in their finances and money.
Clear, simple pricing.
Building a stocks and shares app that puts customers and their savings first.

WE DON'T DO
Betting, CFDs or complex investing products.
Hidden fees or inflated spreads.
Day trading.

INVEST WITH CONFIDENCE
Freetrade is authorised and regulated by the Financial Conduct Authority (FCA) in the UK. Customers are covered by the provisions of the Financial Services Compensation Scheme (FSCS) and the value of assets held with Freetrade is protected by the FSCS up to a maximum of £85,000. View more information on this at freetrade.io/security and on FSCS at https://www.fscs.org.uk/.

Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice.

Freetrade is the trading name of Freetrade Limited, a company registered in England and Wales (No. 09797821). Freetrade is authorised and regulated by the Financial Conduct Authority (No. 783189).
Our registered address is: Freetrade, 10 Devonshire Square, London, UK, EC2M 4AE

What’s New

Version 3.7.8

We know you’ve got a busy day ahead. Before that first coffee hits, we want to thank you for investing with Freetrade and thank you for being part of our mission!

Ratings and Reviews

4.4 out of 5
11.8K Ratings

11.8K Ratings

MrDandy1 ,

Good but needs work.

I understand this is a relatively new platform, so teething problems are expected and that’s how systems get better. This has been a good app for me as I’ve been able to dive straight into the stock market and experience the excitement and devastation of earning and losing money. This platform isn’t great if you’re looking to day trade as the charts are very much delayed and inaccurate, however it is possible to use other charts and just purchase the stock through the app. This app stands out as the fees to date are free and you can execute a trade at no charge, other than small amounts of tax for each trade. Other platforms charge anywhere from £7-14 for one trade which is extortionate for someone having a dabble with a couple of hundred pounds. I would definitely recommend this app to experience the high and lows of buying stocks, but it’s very difficult to judge the market especially when you’re up against advanced AI systems that execute trades automatically. Be mindful and be careful and only invest what you can afford.

Doddi Elgabry ,

Easy, but still dangerous

On Freetrade’s platform and pricing:
The app is targeted towards amateur investors, welcoming them into investing in the most seamless way possible. The app itself is very easy to use, albeit almost “gamifies” investing which may be quite dangerous, and I’m not sure if I agree with. This is shown through various examples such as a limited amount of information being provided for each stock, making it incredibly easy to buy/sell stocks, and getting free stocks for getting someone to sign up and top up as if it were a game. I am not saying I think every investing platform should have an overly complicated UI, but perhaps there is a reason not everyone should get into investing. The charges are reasonable for the amateur investor, but only for someone in a very small investing bracket: for a person who wants to try day trading, 1£ per instant order makes no sense, and is absolutely a steal; for a longer term investor who is an average person with no extreme wealth background, 36£ per year (3£/mo) for an ISA is also a bit of a steal. Nonetheless the basic feature of the app provides an ideal introduction for someone starting out in investing. The only concern I have is in terms of the app functionality, where at times features may not work, such as Apple Pay top ups, which seriously limits my capacity to trust the platform. This is our money we’re dealing with after all.

Eppsilone ,

Partially good but not reliable

When the app works as it advertises itself, it is good. So it makes buying shares much easier for average person. However when it comes to selling your shares, they do strange things to prevent you from selling your shares. For example if you got some shares that made some profit and you want to sell it, they keep on rejecting your sell request. I lost some money because they kept on rejecting my sell request for a few different shares. When you try to withdraw your money they also do dodgy things such as keeping part of your money in a “unsettled cash” tab and you need to wait a few days for that cash to be available for withdrawal. When you are able to withdraw your money it takes a few days for your money to be put in your bank account. However when you top up your Freetrade account with money usually within the hour money comes from your bank account into the app. They are doing weird stuff to reduce the sales of shares and withdrawal of your money by slowing it down or rejection of sales. This has really dented my confidence in this app. Robinhood app proved that they are dodgy and now Freetrade is doing other dodgy acts that are against the consumer’s right to do what they want. It is your money and your shares but you can’t sell whenever you need to.

Developer Response ,

Hi there,

Thank you for the feedback.

There are a number of reasons why an order may be rejected. Most commonly, if we're unable to retrieve a valid quote from the market makers, your order will fail. This can happen if no one wanted to buy/sell your shares or they didn't offer a good price. Your order will be more likely to go through if you try again later. We are always working to make sure rejection rates are as low as possible.

Once you sell shares in-app, you'll need to wait for the sale to settle before you're able to withdraw. Settlement is an external process dictated by the stock exchanges on which an instrument is traded. Cash resulting from a sale won’t be available to withdraw until that trade has settled. You can; however, use unsettled cash to purchase stock. This is typically 2 working days for UK stocks, and typically 3 working days for US stocks.

Once you have actioned a withdrawal this will take 3-5 working days to reach you, as we process withdrawals via BACs payments. We are looking to speed this up in the future.

If we can help you with anything or answer any questions please drop us an email at reviews@freetrade.io.

Best
The Freetrade Team

App Privacy

The developer, Freetrade Limited, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Linked to You

The following data may be collected and linked to your identity:

  • Purchases
  • Financial Info
  • Location
  • Contact Info
  • User Content
  • Identifiers
  • Usage Data
  • Diagnostics

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Usage Data

Privacy practices may vary based on, for example, the features you use or your age. Learn More

Supports

  • Wallet

    Get all of your passes, tickets, cards, and more in one place.

  • Family Sharing

    Up to six family members will be able to use this app with Family Sharing enabled.

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