Freetrade: Zero-Commission UK Stock Trading App
Find out how Freetrade's innovative trading app offers zero-commission trades, easy access to US stocks and ETFs, and a simple user interface for new investors - learn more at Sugggest.com
What is Freetrade?
Freetrade is a stock trading platform based in the UK that allows users to invest in stocks and ETFs listed on major exchanges like the London Stock Exchange (LSE), New York Stock Exchange (NYSE), and NASDAQ with zero trading commissions. The app was launched in 2018 with the goal of making investing accessible and affordable for everyone.
Some key features of Freetrade include:
- Intuitive mobile app interface designed for beginner investors
- Access to over 6,000 US stocks and ETFs in addition to LSE stocks
- No trading commissions and low FX fees
- Easy sign up process requiring only basic personal details
- Fractional share investing available allowing investment in high-priced stocks like Amazon and Alphabet with small amounts of capital
Freetrade generates revenue via a paid subscription service called Freetrade Plus which gives access to ISAs and additional features for £9.99/month. The basic free service provides plenty for casual and new investors though.
Overall, Freetrade stands out for its simple, low-cost stock trading service tailored specifically for the UK market. The mobile app and zero trading fees make investing approachable for millennials and first-time investors.
Freetrade Features
Features
- 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
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
Official Links
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