Freetrade Review

as of 11/05/2021 at 1:52 pm

Holly's View

Freetrade transformed the UK DIY investing space on its launch in 2016, becoming the first provider to offer free share dealing to investors. Both the app and the company have come a long way since then and now offer ISAs and more recently a pension option. The app has been prone to the odd glitch; however these have been addressed quickly with notifications and updates on chat.

Our Rating

Recommended For

Beginner Investor

Confident Investor

In a nutshell

Multiple account options

Mobile only

Feature updates constantly available

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What to Expect

Investment Choice


Stocks and Shares ISA

Investment Account


Investments available

Stocks and shares

Investment Trust

Investment help

Help building a portfolio

Pick your own funds

Pick your own shares

The 'Geeky' Details

Provider details

Freetrade is an innovative, commission-free, mobile trading platform. They launched on iOS in October 2018 and on Android in April 2019. The app is easy to use with a rapid set up time.

Stocks & shares ISAs cost £3 a month, whilst GIAs are free. The number of investment options for users is growing rapidly, with users now able to deal foreign shares, investment trusts and ETFs; as well as purchase fractional shares.

Freetrade Plus was recently launched at a price of £9.99 per month, providing users with a greater range of investments, alongside a special 3% interest rate on up to £4,000 cash and added features like setting limit orders on shares. The £3 monthly ISA charge is also included within the Plus membership. An individual that takes advantage of the full £4,000 at 3% interest will earn £120 across the year, which effectively offsets the £9.99 monthly membership charge.

Interestingly, Freetrade have also integrated a community forum directly into the app, so that customers can discuss individual stocks with each other, allowing them to delve deeper into their research and test hypotheses.

Important Facts & Figures

Provider Size:


Minimum amounts:
£2 minimum investment