Freetrade is a UK-based investing app that simplifies buying and managing stocks, ETFs, ISAs and pensions with an emphasis on low cost and clarity. The app offers commission-free trades across more than 6,200 UK, US and European stocks and ETFs and presents tailored account types: a general investment account (GIA), a stocks and shares ISA and a self-invested personal pension (SIPP). With plans from Basic to Plus, it suits newcomers who want straightforward investing and more experienced savers looking to consolidate tax-efficient accounts while keeping fees and eligibility rules transparent.
Freetrade provides commission-free trading in your GIA, stocks and shares ISA, or pension (SIPP) and supports unlimited free trades on thousands of securities. It offers account tiers — Basic, Standard (which includes an ISA) and Plus (which includes both ISA and SIPP) — so users can pick a level of service that matches their needs. The app also enables recurring orders and Direct Debits for regular investing, access to low-risk government-backed instruments including UK Treasury bills, and tools to view and manage pension investments with clearer visibility over your pot. Other charges may apply. ISA and SIPP eligibility and tax rules apply.
Designed as a low-cost alternative to traditional brokers, the app combines unlimited commission-free trades with tax-efficient wrappers: a stocks and shares ISA and a SIPP. Fees are explicit where applicable, with a stocks and shares ISA available for a fixed, flat-fee as low as £4.99/month (billed annually) and a SIPP from £9.99/month (billed annually). It supports more than 6,200 UK, US and European stocks and ETFs, offers automatic reinvestments for low-risk instruments, and streamlines regular investing with Direct Debits. The platform has also won industry recognition, including Which? Recommended SIPP Provider 2024 and multiple Best Buy awards.
The interface prioritises clarity and ease: account setup, recurring investments and trade execution are presented in straightforward steps so users can focus on their strategy. Over 1.6 million UK customers use the app to manage general investments, tax-efficient ISAs and pensions, benefiting from consolidated views and recurring order options. Regulatory transparency is prominent too: Freetrade is authorised and regulated by the Financial Conduct Authority in the UK. Remember that no investment is risk free and tax treatment depends on individual circumstances.
The app aims to make investing more accessible by removing per-trade commissions, offering clear subscriptions for tax-efficient accounts and giving users simple tools to build and monitor portfolios. Check eligibility and tax rules for ISAs and SIPPs and be mindful that capital is at risk and other charges may apply when choosing how to invest.
