Freetrade Review

Very easy to use but it can take ages to receive funds after you have sold stock and shares

27/02/2021

I have an ISA account which I pay £3 per month, it is good value for money as it does not cost me money to trade. The spread is also pretty competitive compared to other brokers. The app is easy to use, a few negatives are there is no research information, the charts are basic and the broker does not currently link with Primary Bid.

29/01/2021

Transfer of money into the Freetrade account from the bank account doesn't always happen. Sometimes the transaction has to be carried out twice. It is not an immediate transfer, unlike Trading 212.

16/10/2020

It is in the name, free trades, large-ish selection of stocks and ETFs and relatively simple app. Not much info on each stock, you'd have to go elsewhere for that

16/10/2020

Very fast adapting app with excellent customer service. Lots more exciting features in the pipeline, cant see myself ever moving to another broker.

01/10/2020

Very strong platform which does everything you need it to do if you are looking for a 'cheap as chips' way to start and manage a portfolio across UK & US stocks. Huge recent investment and constant releases are driving significantly improved product quality every 4-8 weeks and you would have to bet that it will match the traditional trading platforms within 12 months a a fraction of the cost. Highly recommended.

23/09/2020

I moved my ISA from Hargreaves Lansdown to Freetrade. Not because of the incredible userability, but because I worked out trading on HL brought my average cost up 4/5% as well as charging numerous other fees, including fees on sale. Freetrade still has a long way to go but it has already come so far in such a short space of time!

21/09/2020

No comment.

17/09/2020

Freetrade's app is great. Very easy to use and no nonsense. I used Interactive Investor before, and it was horrible experience. Strongly recommend Freetrade.

15/09/2020

Fantastic app allowing you to invest with "zero" commissions. ISA product is also a great addition with a low monthly fee compared to higher cost incumbent UK brokers. Great universe of US and UK stocks, ETFs and investment trusts expanding every week. Exceptional customer service via the in-app chat with quick and thoughtful responsiveness.

15/09/2020

Got set up in less than 30 minutes. Bought stocks with Apple pay instantly and the UI is amazing.

29/08/2020

10/10! and getting better all the time...the future of trading!

06/08/2020

I have been with them for nearly 2 years. A few glitches at the beginning but service response was excellent. Would recommend to all investing beginners. I have invested in 2 Crowdcube fund raisings. That’s how confident I am in them. No research available but this can easily be done elsewhere and sure will come eventually. Forum excellent as well.

24/07/2020

Fantastic app! No fees at all. Unbelievable service.

14/05/2020

The inability to post a limit order is a major drawback.

13/05/2020

Really simple to use with a great looking interface. It's also much cheaper that some other stockbrokers.

11/03/2020

Great app. Simple, low cost and rapidly evolving. If you want complex trading graphs this is not for you but for medium term investors with an eye on costs it good today and is constantly improving with new features. My experience of customer service has been swift.

04/02/2020

No comment.

25/01/2020

Incredible app that makes investing easy and simple!

25/01/2020

Really happy with the app and feel like it's helped me gain control of my investments. I can see my transactions and performance at a glance (unlike with my previous broker). It feels like it's developing very quickly with new things added frequently like portfolio insights, dividend info, enhancements to stock searches and adding new stocks. Customer service also answer on the weekends.

25/01/2020

Customer service is excellent, is a very easy to use service for investing in the stock market. It's very cheap for a great app. Their offering is still getting better.

24/01/2020

Great app, easy to use, free if you don’t need instant trading and only £1 if you do - Hargreaves charged over £10 for the same service. The stock universe is growing quickly too, I haven’t bought a share elsewhere since I opened my account.

24/01/2020

Great team, fabulous UI and a business model well aligned with their customers.

24/01/2020

Great app, zero commission trading. FSCS protected to normal limits. Customer support have always been good with me.

24/01/2020

Freetrade provides an excellent fee free investing experience. The UI is really nice and the app is constantly being updated with new features.

24/01/2020

I’ve been investing on Freetrade for over a year now. It’s what I’ve been wanting in an investment platform for many years. Fantastic!

24/01/2020

Great app and value for money (it's free!). Regular feature updates will ensure it gains in value over time. Upcoming fractional shares will be a game changer.

24/01/2020

Great product and no fees!

24/01/2020

Brilliant easy to use website.

24/01/2020

A great app that has opened up the world of investing to everyone.

24/01/2020

Awful all round. Poor range, missing major stocks like IAG. Orders so basic that they sometimes take days to execute. No limit/stop loss orders nor other basic broker features such as a web portal. Worst of all, the ISA's more expensive than traditional brokers, such as Hargreaves Lansdown, for beginners with the least to invest. Avoid.

24/01/2020

An ISA account costs £36/year (it’s free with other competitors), which eats significantly into profits for small accounts (supposedly their target). There are no stop loss or limit orders, instant trades are not free unlike other competitors and there are very few available shares. If these things are mentioned in their community, the customer is banned with the accuse of ‘shilling’. Do not recommend.

24/01/2020

Very simple but yet so powerful! Easy application to use & navigate with wide range of US/UK stocks! Customer Service are outstanding, very professional and helpful!

24/01/2020

Good designed product, improving features, lets you start your investment journey with little as a £1. No trades fees, no custody fees, no cuts into your investment giving you a real boast and chance to grow.

24/01/2020

Brilliant and easy app with fantastic staff. Keep it up.

24/01/2020

Freetrade as a simple proposition, lowering the barriers of investing for everyone. They have a beautiful and intuitive mobile app and the fact that you pay no commission on basic trades is a amazing! Customer service is top notch and fast! Love the product and the team behind the app!

24/01/2020

Having been a longtime AJBell investor, I recently switched over to Freetrade and I am incredibly impressed by what they provide. Buying shares and EFTs incurred no fees, and was so simple on the app. When I did have an issue the customer service responded in minutes! Highly recommend to anyone looking to start investing, or those who previously used one of the legacy providers. They are shortly launching fractional trading which will enable you to buy small chunks of shares which will be great for beginners.

24/01/2020

Very clean easy to use, love the whole design. The staff are very knowledgeable.

24/01/2020

No comment.

24/01/2020

Simple, easy to use tool that allows cost-effective access to trading even to those who don't have huge sums to invest.

24/01/2020

No comment.

24/01/2020

Solid app, solid company. Really nice and easy to use but as was said by many others before it currently suffers from being hard to properly utilize for new investors who might not know much about the subject.

24/01/2020

I’ve been using Freetrade for over a year. In that time I’ve seen it evolve from a good app to a great app. It’s one of two financial apps I open every day (the other being Monzo). Functionally it is excellent and it’s also incredible value for money. Their stock universe is growing weekly and the functionality coming will be revolutionary. As an organisation they are very open, transparent and community focused. Ten out of ten from me - absolute convert to this style of investing.

24/01/2020

Miles ahead of the traditional brokers in terms of cost and service. Free, great customer service, really aesthetic UI. Only improvements I’d mention are speed of top-ups etc, but these are already in the works. For a relatively recently rolled out service, you couldn’t really ask for much more. Does exactly what it says on the tin. But better.

24/01/2020

No comment.

24/01/2020

No comment.

24/01/2020

It gets the basics done well. Looking forward to limit orders and to be moved to their new and improved platform before I can give 5/5.

24/01/2020

Very simple to invest in stocks and shares with very clear costs, which in most cases are none! Interface is very easy to use and quick to check on how your investments are performing.

23/01/2020