Freetrade

Freetrade Review for traders in the UK: FCA-regulated, commission-free investing with fractional shares since 2016

Freetrade has democratised investing for a generation of younger UK investors — FCA-regulated, commission-free, with fractional shares and a beautifully designed mobile app. It’s the lowest-cost entry point for UK investors. The trade-off: research tools and product depth are more limited than traditional platforms. For simple, low-cost ISA or share investing, it’s excellent.

Consensus Rating

The rating evaluates 42 key factors, from regulation and costs to execution, product offering and support. The score combines analysis from multiple experts and competitor comparisons to provide an aggregated and balanced assessment. This reduces individual bias and offers a more reliable reference for broader market consensus.

Alternative Provider

Pepperstone

For traders in the UK looking to access forex, global indices, and commodities at institutional-grade costs, Pepperstone offers spreads from 0.0 pips on the Razor account, no minimum deposit, and no withdrawal fees. UK clients also benefit from a tax-efficient Spread Betting account. As an FCA-regulated broker, Pepperstone operates under strict UK financial oversight. ECN-style execution with sub-35ms latency from servers in London and New York.

Review

Pepperstone

Freetrade is a UK commission-free investment app, founded in 2016 and FCA-regulated. It offers UK and US shares, ETFs, investment trusts, ISAs, and SIPPs with no commission on trades. Freetrade is known for its sleek mobile-first design, zero-commission model, and strong appeal among younger UK investors who want to start investing affordably. With over 1.4 million registered users, it has become one of the fastest-growing investment apps in the UK, offering fractional shares and a simple, accessible experience.

Available locally?

Foundation

2016

Minimum Deposit

£ 0

HQ

Payment Methods

Regulators

FCA

Trades at the Stock Exchange?

❌

How to Open an Account

1. Go to the official website >

Visit the app's official website (or download it from the App Store/Google Play) to get started from a trusted source.

2. Open an account

Register, enter your basic information, and set up secure login. If available, enable two-factor authentication for extra protection.

3. Verify your identity

Complete the verification process with the required documents, such as an ID card or passport, and proof of residence (e.g., an electricity bill or bank statement).

4. Add funds

Choose how to use the service: bank transfer, card, or linked account (depending on the app). Check fees, limits, and processing times before confirming, as they may vary.

5. Make your first transaction

Find the function you need in the app, set the amount or limit (if applicable), and confirm.