Accounts & headline costs
Sections ↑Freetrade’s 2026 redesign moved the ISA and SIPP into the free Basic plan, leaving Standard and Plus to compete mainly on foreign-exchange pricing, cash interest, research depth and service features. That makes the platform easier to compare than a traditional per-trade schedule, but only if the subscription, FX markup and cash cap are kept in the same view.[1][2][3][4][5]
Freetrade essentials
| Measure | Value | Context |
|---|---|---|
| Basic subscription | £0 | Includes GIA, ISA and SIPP under the current plan design.Source 1Source 2 |
| Investment universe | 6,500+ instruments in the Basic help article | Stocks, ETFs, investment trusts and other supported instruments; current product pages use differing rounded counts.Source 2 |
| Domestic dealing commission | £0 | Unlimited commission-free orders; taxes, fund charges and FX can remain.Source 2Source 4 |
| Owner | IG Group | Acquisition completed 1 April 2025.Source 7Source 6 |
| UK operating company | Freetrade Limited | Company and FCA details are published separately from the parent.Source 6Source 8 |
Current plan comparison
| Feature | Basic | Standard | Plus |
|---|---|---|---|
| Monthly / annual subscription | £0 | £5.99 monthly / £59.88 annually | £11.99 monthly / £119.88 annuallySource 1 |
| Accounts | GIA, ISA and SIPP | GIA, ISA and SIPP | GIA, ISA and SIPPSource 1 |
| FX markup on non-GBP trades | 0.99% | 0.59% | 0.39%Source 1Source 3Source 4 |
| Cash interest cap | 1% on up to £1,000 | 2.5% on up to £2,000 | 3.5% on up to £3,000Source 1 |
| Service layer | Core features | Enhanced fundamentals | Priority support and free same-day withdrawalsSource 3Source 4 |
Account wrappers and products
| Route | Published access | Important condition |
|---|---|---|
| General Investment Account | Taxable investing | No wrapper-specific tax shelterSource 1 |
| Stocks and Shares ISA | UK tax wrapper | Eligibility and annual allowance rules applySource 1 |
| SIPP | Self-invested pension account | Access and pension rules apply; no universal suitability conclusionSource 1 |
| Funds and gilts | Available across all plans from January 2026 | Underlying charges and product risk remainSource 5 |
| Ready-made portfolios | Available on Basic under the updated design | Portfolio construction service, not a deposit guaranteeSource 5Source 2 |
Products & platforms
Sections ↑Order and service features
| Feature | Published position | Plan boundary |
|---|---|---|
| Recurring orders | Available on Basic | Automates instruction timing, not investment judgementSource 2 |
| Limit and stop orders | Available on Basic | Order behaviour and trigger rules remain product-specificSource 2 |
| Pre-market access | Select U.S. stocks | Availability does not imply ordinary-session liquiditySource 2 |
| Research fundamentals | Enhanced on Standard | Feature depth rather than execution priceSource 3 |
| Same-day withdrawal | Free on Plus; working-day cut-off applies | Payment transit and verification remain outside the plan labelSource 4 |
Freetrade’s strongest simplification is wrapper access: a customer no longer needs a paid plan merely to open the current ISA or SIPP route. The commercial comparison has shifted toward currency conversion, cash yield and service features.[5][1]
Fees & holding costs
Sections ↑Where the customer actually pays
| Cost | Published figure | Scope |
|---|---|---|
| UK share dealing commission | £0 | Stamp duty can still apply to qualifying purchasesSource 2 |
| U.S. or European trade FX — Basic | 0.99% | Applied to conversion between GBP and the trading currencySource 1 |
| U.S. or European trade FX — Standard | 0.59% | Subscription trades lower FX against a fixed plan costSource 3 |
| U.S. or European trade FX — Plus | 0.39% | Lowest published retail-plan FX rateSource 4 |
| Fund cost | Underlying fund charge | Commission-free access does not remove the fund manager’s expenseSource 2Source 5 |
| Plan subscription | £0 / £5.99 / £11.99 monthly | Fixed cost independent of number of tradesSource 1 |
A Plus customer saves 0.60 percentage points of FX markup relative to Basic. On £1,000 of converted value, that difference is £6 before considering the subscription; on £10,000 it is £60. The arithmetic is illustrative and excludes market movement, spread, taxes and repeated conversion.[1]
Deposits, withdrawals & transfers
Sections ↑Cash and administration
| Item | Published treatment | Qualification |
|---|---|---|
| Basic cash interest | 1% on up to £1,000 | Interest above the cap is not established by that headlineSource 2 |
| Standard cash interest | 2.5% on up to £2,000 | Rate and cap are plan termsSource 1 |
| Plus cash interest | 3.5% on up to £3,000 | Rate and cap are plan termsSource 4 |
| Annual plan billing | £59.88 / £119.88 | Paid upfront for Standard / Plus annual plansSource 1 |
| ISA and SIPP access | Included without extra wrapper subscription on Basic | Tax eligibility and transfer consequences remain account-specificSource 5Source 1 |
The withdrawal instruction uses the linked bank account. The ordinary withdrawal estimate and Plus same-day benefit apply after cash becomes withdrawable; selling investments or a newly collected Direct Debit can create a prior wait.[9][10]
Withdrawals, transfers and closure
| Area | Published position | Practical detail |
|---|---|---|
| Ordinary withdrawal | Typically 2–3 working days; sometimes up to five | Request through the app to the linked bank account.Source 9 |
| Plus same-day withdrawal | Before 2pm on a working day | The published feature targets receipt by the end of that day; available cash and checks still apply.Source 9 |
| Direct Debit proceeds | Normally unavailable for at least three working days after collection | Tax allocation to the account occurs on the collection day, which is distinct from withdrawal availability.Source 10 |
| Move to another provider | Complete the receiving provider’s transfer form | The new provider initiates the transfer with Freetrade; asset-specific transfer conditions still need checking.Source 11 |
Transfer and closure are different from simply cancelling a paid plan. Moving an ISA or SIPP should use the appropriate provider-to-provider process. Freetrade’s current transfer page says there is no fee to transfer away and close accounts, while its product transfer pages separately identify UK securities and cash as free; therefore confirm any non-UK in-specie charge against the live transfer instruction before authorising it.[11][12]
Protection & regulation
Sections ↑Company and ownership map
| Company / event | Published role | Meaning |
|---|---|---|
| Freetrade Limited | UK investment service company | FCA reference and company details published by FreetradeSource 8Source 6 |
| IG Group Holdings plc | Parent group after acquisition | Ownership does not merge product terms or customer agreementsSource 7 |
| Acquisition completion | 1 April 2025 | Freetrade became part of IG Group after the announced transaction completedSource 7 |
| Freetrade brand | Commission-free investment platform | Separate from IG’s leveraged trading routesSource 6Source 7 |
Opening an account & support
Sections ↑Routine support is available through the app and [email protected] under the general account terms. Formal complaints may be made in the app or to [email protected]. An unsatisfactory final response can be referred to the Financial Ombudsman Service; the complaint page separates TrueLayer payment-initiation complaints from Freetrade brokerage complaints.[10][13]
The complaint concerns the party providing the affected service. A failed bank-initiation request, an investment order and a pension-administration issue can therefore follow different routes even when the customer starts in one app. The SIPP has its own terms and complaint provisions.[13][14]
Company background & evidence
Sections ↑Freetrade Limited is now part of IG Group after the acquisition completed in April 2025. The Freetrade account remains a distinct UK brokerage relationship; IG ownership does not make IG’s leveraged products or account terms part of the Freetrade investment service.[6][7][8]
- Headquarters
- London, United Kingdom
- Founded
- 2016; service launched in 2018
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Freetrade Limited
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Conduct Authority783189 | Authorised | Checked 9 Oct 2026Freetrade-published FCA reference for the UK investment firm.Source 8Source 6 |
IG Group Holdings plc
United KingdomSource 7
No separate licence entry is recorded in this panel.
Additional Information
Sections ↑Sources & further reading
- Freetrade account and plan comparison Freetrade Help Centre · 27 Feb 2026 · Accessed 9 Oct 2026
- Freetrade Basic plan Freetrade · Accessed 9 Oct 2026
- Freetrade Standard plan Freetrade Help Centre · 27 Feb 2026 · Accessed 9 Oct 2026
- Freetrade Plus plan Freetrade Help Centre · 27 Feb 2026 · Accessed 9 Oct 2026
- January 2026 product and fee changes Freetrade · 22 Jan 2026 · Accessed 9 Oct 2026
- Freetrade company and service overview Freetrade · Accessed 9 Oct 2026
- IG Group completes acquisition of Freetrade IG Group · 1 Apr 2025 · Accessed 9 Oct 2026
- Freetrade corporate and regulatory information Freetrade Help Centre · Accessed 9 Oct 2026
- How to withdraw: ordinary and Plus timing Freetrade · Accessed 15 Oct 2026
- Freetrade general account terms: Direct Debit availability and support Freetrade · Accessed 15 Oct 2026
- Transferring to other providers Freetrade · Accessed 15 Oct 2026
- GIA transfer routes and asset-specific fee wording Freetrade · Accessed 15 Oct 2026
- Freetrade complaints and separate payment-initiation complaints Freetrade · Accessed 15 Oct 2026
- SIPP terms and complaint provisions Freetrade · Accessed 15 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.