Loyal3 vs Freetrade

Struggling to choose between Loyal3 and Freetrade? Both products offer unique advantages, making it a tough decision.

Loyal3 is a Business & Commerce solution with tags like investing, stocks, commissionfree, ipo.

It boasts features such as Commission-free stock trading, Access to IPOs typically reserved for institutions, Fractional share purchases, Low minimum investment amounts, Mobile app and pros including Democratizes access to IPOs, No trading commissions, Can invest small amounts, Easy to use mobile app.

On the other hand, Freetrade is a Finance product tagged with stock-trading, zero-commission, us-stocks, etfs, mobile-investing.

Its standout features include Commission-free stock, ETF and fractional share trading, Access to UK, US and European markets, Intuitive mobile app interface, Beginner-friendly, ISA and SIPP accounts available, and it shines with pros like No trading commissions, Easy to use interface, Access to US stocks and ETFs, Fractional share trading available, Good for new investors.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Loyal3

Loyal3

Loyal3 is an online brokerage platform that allows individuals to invest in IPOs and stocks commission-free. It aims to democratize IPO investing by giving ordinary investors access to big IPOs typically reserved for institutions.

Categories:
investing stocks commissionfree ipo

Loyal3 Features

  1. Commission-free stock trading
  2. Access to IPOs typically reserved for institutions
  3. Fractional share purchases
  4. Low minimum investment amounts
  5. Mobile app

Pricing

  • Free

Pros

Democratizes access to IPOs

No trading commissions

Can invest small amounts

Easy to use mobile app

Cons

Limited selection of stocks and ETFs

No advanced trading options like limit orders

No retirement accounts offered


Freetrade

Freetrade

Freetrade is a UK stock trading app launched in 2018 that offers zero-commission trades and easy access to US stocks and ETFs. It has a simple, user-friendly interface aimed at new investors.

Categories:
stock-trading zero-commission us-stocks etfs mobile-investing

Freetrade Features

  1. Commission-free stock, ETF and fractional share trading
  2. Access to UK, US and European markets
  3. Intuitive mobile app interface
  4. Beginner-friendly
  5. ISA and SIPP accounts available

Pricing

  • Freemium

Pros

No trading commissions

Easy to use interface

Access to US stocks and ETFs

Fractional share trading available

Good for new investors

Cons

Limited research and analysis features

Only available on mobile

Limited selection of assets

No advanced trading options

Slow customer support