Freetrade: ISA, Invest, Trade 4+
Invest in Stocks, ISA, ETFs
Freetrade makes it simple to invest and trade in the stock market, commission-free. Join over a million Freetrade users and download the app to start investing today through one of the plans: Basic, Standard or Plus
SIMPLE AWARD-WINNING APP
Winner of Best Online Trading Platform (British Bank Awards) from 2019 - 2022 and Best Broker For Beginners (BrokerChooser)
COMMISSION-FREE STOCK BROKER
No commission fees when you buy or sell stocks (other charges, such as fx fees, may apply)
STOCKS AND SHARES ISA
Open a stocks and shares ISA to invest your money tax-efficiently in US, UK and European 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 dividend income tax
Eligibility to invest into an ISA and the value of tax savings depends on personal circumstances and all tax rules may change
INVESTING IN SHARES
Open an investment account and start investing in the stock market from £2
Invest your money & trade in US, UK and European shares
Buy shares, ETFs, investment trusts via our stock trading app. Invest stocks and shares in your ISA
US FRACTIONAL SHARES
With fractional shares, you can invest in some of the biggest American companies and most expensive shares from just £2
As with all investing, your capital is at risk. The value of investments can go down as well as up and you may receive back less than your original investment
General investment account - GIA
Trade and invest in stocks and ETFs. Take control of your finances and money
Simple investing and trading with our share dealing account
GET A FREE SHARE
Refer a friend to Freetrade and get a free share
Capital at risk. T&Cs and eligibility criteria 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 self-invested personal pension
Take control of your old pensions. Choose US, UK and European stocks, ETFs that reflect your values
Please remember tax relief depends on your personal circumstances and current rules can change. Before transferring a pension check you will not lose valuable guarantees and that you understand any transfer charges that your existing provider may apply
Commission free trading through our general investment account, accessing 1,600+ stocks. You also get access to fractional shares, invest in some of the biggest American companies from just £2
Invest your money tax-efficiently in US, UK and European shares through our stocks and shares ISA. Get 1% interest on uninvested cash up to a maximum deposit of £2,000 on cash held in your GIA or ISA. Share dealing order types: limit orders, stop losses. Access over 6,000 stocks
Make your money work even harder getting everything from Standard, plus: Get 3% interest on uninvested cash up to a maximum deposit of £4,000 on cash held in your GIA or ISA. A self invested personal pension (SIPP) and priority customer service.
Trade and invest in stocks and ETFs.
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
We've taken a look under the hood and made some improvements, including bug fixes and security enhancements to make your Freetrade experience even better.
Ratings and Reviews
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.
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.
Where’s my money?
So starting this review at a 1* hoping I might get some response that will equate to something resembling customer service. Opened an account and undertook the verification process. Once this was complete attempted to transfer funds through the app as they ask you to do. The bank approved the tx but it didn’t seem to clear properly and the funds didn’t leave my account; all good so far waited overnight to check this was the case as the app suggests and tried again. Tried again, this time the funds did leave my bank but haven’t arrived in my Freetrade account. Tried the app FAQ, and I don’t meet any of the criteria as to why it wouldn’t have transferred. So tried the online support which turns out to be an automated process that gives you a canned response as per the FAQ and closes the conversation. So have. written an email that will take 2 working days to reply to….my initial verdict on this app is that it isn’t reliable, I’m hoping to be proven wrong.
EDIT: So to play fair, Freetrade have responded within 24 hours. The problem apparently lies in their payment system and funds have to be manually paid in to have any guarantee of success. This is unnecessarily complicated but it seems to be a good system when it works so 3*
Developer Response ,
So sorry to hear this. Most of our bank transfers now arrive instantly! In some cases your deposit may need some manual intervention from us. See why here: https://tinyurl.com/tx4wkd6s. Please drop us an email at email@example.com so we can check this deposit out for you!
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
- Browsing History
- Usage Data
Data Linked to You
The following data may be collected and linked to your identity:
- Financial Info
- Contact Info
- User Content
- Browsing History
- Usage Data
Privacy practices may vary based on, for example, the features you use or your age. Learn More
- Freetrade Limited
- 217.2 MB
- Requires iOS 12.0 or later.
- Requires iPadOS 12.0 or later.
- iPod touch
- Requires iOS 12.0 or later.
- Age Rating
- © Copyright (C) 2019 Freetrade Limited. All rights reserved.
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