Freetrade
Summary (Freetrade)
Freetrade is an acclaimed investing app boasting a user base of over 1.4 million individuals. Their mission is to democratize investing by simplifying and making it more cost-effective for everyone. Operating under the regulatory oversight of the Financial Conduct Authority (FCA) in the UK and the Swedish Financial Supervisory Authority (FSA) in Sweden, Freetrade ensures a secure and regulated platform for its users. Additionally, all Freetrade accounts benefit from coverage under the Financial Services Compensation Scheme (FSCS), emphasizing the commitment to safeguarding customers' funds.
| Freetrade | |
|---|---|
| Account types | |
| Stocks and shares ISA | |
| General investment account (GIA) | |
| CFD trading | |
| Crypto trading | |
| Fees | |
| Account fee | £5.99 per month |
| Foreign exchange fee | 0.59% |
| Trading fee | Free |
| Safety & regulations | |
| FSCS protected | |
| Others | |
| Range of stocks | 6,000+ |
| Interest on cash | 1% |
| Demo account | |
| iPhone / Android Apps | |
| Desktop / Web Apps | |
| Known for | Simple to use |
| Keep in mind | Capital at risk |
| Go to site | |
Updated: Jul 2024