What it is
Freetrade is a UK investing app offering commission-free trades in UK and US stocks and ETFs, with a stocks and shares ISA and SIPP available on subscription plans.
Who it suits
UK investors who want a simple app and a low-cost ISA or SIPP.
Regulation and protection
FCA-regulated (UK).
How it charges
A free general investment account with commission-free trades and an FX fee on US shares. The ISA and SIPP are on paid monthly plans that also reduce the FX fee.
Getting started
Open in the app with ID verification and a small deposit. Upgrade to a paid plan when you want the ISA or SIPP; transfers in from other providers are supported.
At a glance
- Stock commission
- Commission-free (FX fee)
- ISA / tax wrapper
- Yes (paid plans)
- Fractional shares
- Yes (US)
- Crypto
- No
- Headquarters
- London
- Founded
- 2016
Strengths
- Simple, UK-focused app
- Flat-fee ISA and SIPP
- Fractional US shares
Watch for
- ISA and SIPP need a paid plan
- Smaller range than global brokers
Readers ask2 questions answered
Do I need a paid plan for a Freetrade ISA?
Yes. The ISA and SIPP sit on the paid tiers; the free tier is a general investment account.
Can I buy US shares on Freetrade?
Yes, including fractional shares, with an FX fee on each trade.
How it comparesIts standing in 1 comparison
Best simple UK app
- Stock commission
- Commission-free (FX fee) 2 of them share this
- ISA / tax wrapper
- Yes (paid plans) 1 provider in this comparison
- Fractional shares
- Yes (US) 1 provider in this comparison
- Crypto
- No 2 of them share this
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