Freetrade

3.9(550 reviews)

UK neobroker with commission-free stock trading

FCA RegulatedSince 2016

Trust Score

Very Good

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

0 £

Min. Deposit

Instruments

FCA

Regulation

Platforms

Key Features

Stocks

Stocks trading available

ETFs

ETFs trading available

REITs

REITs trading available

SPACs

SPACs trading available

Freetrade App

Trading Platform

Advantages

No commissions on UK stocks
ISA account available (tax-free in UK)
User-friendly app

Disadvantages

Mainly focused on UK market
FX fees for international stocks
Plus subscription needed for extended features

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About Freetrade

Freetrade is a UK neobroker founded in London in 2016, regulated by the FCA. The platform offers commission-free trading of UK stocks, US stocks, ETFs, REITs, and SPACs. For non-GBP stocks, a 0.45% FX fee applies. Freetrade was one of the pioneers of commission-free trading in the United Kingdom. A standout feature of Freetrade is the ability to open an ISA (Individual Savings Account), which allows tax-free gains up to an annual limit. This is a significant advantage for UK investors. Through the Plus subscription, users gain access to extended features such as more stocks, limit orders, and higher ISA limits. Freetrade primarily targets UK investors and beginners seeking simple, low-cost access to the stock market. The app is deliberately kept simple and forgoes complex features in favor of intuitive operation.

Freetrade FAQ

What is the Freetrade ISA account?

The Freetrade ISA is a tax-free investment account for UK investors. Gains and dividends within the ISA are exempt from capital gains tax. There is an annual contribution limit of £20,000.

Which stocks can I trade on Freetrade?

Freetrade provides access to UK stocks (FTSE), US stocks (NYSE/NASDAQ), and selected European stocks. The selection also includes ETFs, REITs, and SPACs. Additional stocks are available with the Plus subscription.

Is Freetrade available in Germany?

Freetrade is primarily focused on the UK market and is currently not available for German investors. The platform focuses on UK-based clients with FCA regulation.

Is Freetrade Plus worth it?

Freetrade Plus costs £59.88 per year and provides access to more stocks, limit orders, a Stocks & Shares ISA, and 3% interest on cash balances. For active investors using the ISA, the subscription can quickly pay for itself.