Stocks and Shares ISA

Open an ISA and invest tax efficiently from £4.99/month.

Pay no tax on capital gains, UK dividends, or interest earned on investments in your ISA.

The Freetrade ISA is flexible, so you get added freedom when managing your money.
Capital at risk.
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The value of your investments can go down as well as up and you may get back less than you invest. ISA eligibility rules apply. Tax treatment depends on personal circumstances and current rules may change.

Reasons to get a Freetrade ISA

Commission-free investing
Pay no commission for buying or selling stocks. Other charges may apply. See our full pricing table.
Over 6,200 stocks and ETFs
Choose from thousands of UK, US, and European stocks, ETFs and investment trusts, as well as UK Treasury bills. See our full list.
Automate your investments
Set up recurring orders, limit orders, and stop losses to control what you invest in and when.
Low, fixed cost
Your investments can grow without your fees growing too. Get an ISA from as little as £4.99 per month on the Standard plan when paid annually.
Flexible
The Freetrade ISA is flexible, meaning you can withdraw and replace money during the tax year without impacting your annual allowance.
Easy to use
Manage your portfolio with ease on iOS, Android, or your web browser.

ISAs explained

An ISA, or Individual Savings Account, is a tax-efficient way of investing. Investments in your ISA won’t incur capital gains tax, UK dividend income tax, or tax on interest. It will also reduce your admin at tax time.

Put up to £20,000 into one ISA or across multiple ISAs, and invest in a wide range of stocks, ETFs, investment trusts, UK Treasury bills, and more.
Open an ISA
GIA Transfer Hero

Earn up to £2,000 cashback

Consolidating your ISAs can streamline your investments, reduce trading costs, and make it easier to manage your portfolio all in one place.
For a limited time, when you transfer one or more ISAs worth at least £10,000 to Freetrade, you’ll earn cashback.
Offer ends 31 December 2024. Cashback is tiered. Terms apply.
GET CASHBACK

Top-rated ISA provider

The Freetrade stocks and shares ISA continues to be recognised as a top ISA provider.
  • Best Low-Cost ISA >£50k 2024 at the Boring Money Best Buy Awards
  • Best for Share Trades 2024 at the Boring Money Best Buy Awards
  • Winner Best Online Trading Platform 2024 at the British Bank Awards
Awards
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Thousands of investment choices

  • Stocks
    Invest in thousands of companies listed on the LSE, NYSE, NASDAQ, and across Europe.
  • ETFs
    Choose from a wide range of exchange-traded funds including index, commodity, and bond ETFs from providers like Vanguard, iShares, Invesco, and more.
  • REITs
    Add residential or commercial real estate assets to your portfolio without the hassle of buying and managing the properties yourself.
  • Investment trusts
    Choose from hundreds of investment trusts across a wide range of sectors, geographical areas, and markets worldwide.
  • UK Treasury bills
    Earn a fixed yield on your cash. Low-risk and backed by the UK government. Rate subject to success in tender.

Compare our pricing

Simple plans with low monthly fees. Get your stocks and shares ISA with the
Standard plan for just £5.99 per month, or the Plus plan for £11.99 per month.
Trades
Subscription fee
FX rate
Maximum account size
Transfer in fee
Transfer out fee
Free
Per Trade
£5.99/mo
Standard plan
Exchange rate + 0.59%
FX rate - Standard plan
Unlimited
£0
£0
Cash and UK stocks
£17
US stocks (per holding)
£11.95
Per Trade
0.45%
Stocks and shares ISA
Exchange rate + 1%
Unlimited
£0
£0
£3.99
Per Trade
£4.99/mo
Investor Essentials plan
Exchange rate + 1.5%
£50,000
Investor Essentials plan
£0
£0
£5.00
Per Trade
0.25%
Stocks and shares ISA
Exchange rate + 0.75%
Unlimited
£0
£0
Comparison Disclosure
Comparisons to other stocks and shares ISA providers are based on published costs on their websites as of 31 August 2024, for a portfolio size of £10,000 and trades on shares and ETFs within a stocks and shares ISA. They are shown for illustrative purposes only. For confirmation of their up to date charges and product information, you should visit their websites.

Hargreaves Lansdown:
Subscription fee is based on the monthly 0.45% charge on the value of shares held in the ISA, capped at £3.75/mo. Fee per trade reduces, depending on the number of trades executed in the previous month, to £8.95 per trade for 10-19 trades, and £5.95 for 20 or more trades. The FX rate reduces on a tiered scale, based on transaction value: 1% for the first £5,000, 0.75% for the next £5,000, 0.50% for the next £10,000, and 0.25% for anything above £20,000.

Interactive Investor:
Subscription fee is based on the Investor Essentials plan which allows for a maximum portfolio size of £50,000 across both GIA and ISA. For portfolios above £50,000, customers are switched to the Investor plan which costs £11.99/mo. The FX rate reduces on a tiered scale, based on transaction value: 1.25% for trades between £25,000 - £49,999, 1% for trades between £50,000 - £99,999.99, 0.5% for trades between £100,000 - £599,999, and 0.25% for trades of £600,000 or more.

AJ Bell:
Subscription fee is based on the monthly 0.25% charge on the value of shares held in the ISA, capped at £3.50/mo. Fee per trade reduces to £3.50 if 10 or more trades were executed in the previous month. The FX rate reduces on a tiered scale, based on transaction value: 0.75% for the first £10,000, 0.50% for £10,001 - £20,000, and 0.25% for anything over £20,000.
For more info, see our ISA terms & conditions, our guide on how ISAS work, and the HMRC website.

ISA FAQs

Here you'll find answers to the most frequently asked questions. If you have a question that's not listed, please contact support.
What is a stocks and shares ISA?

An ISA, or Individual Savings Account, is a tax-efficient savings or investment account that lets you invest in a wide range of stocks, ETFs, UK Treasury bills, and more.

This type of account is known as a "tax wrapper". This means that your cash and investments inside the account are exempt from UK income, capital gains, and UK dividend tax.

You can put up to £20,000 into a single, or across multiple, ISAs each tax year.

Learn more about ISAs and how they work with our stocks and shares ISA guide.

How many stocks and shares ISAs can I have?

You can have as many ISAs as you’d like.

Just remember that you can only put £20,000 into your ISAs each tax year. For example, if you put £5,000 into a cash ISA, you can only put a further £15,000 into your stocks and shares ISA. Your 2024/25 allowance will reset on 6 April 2025, when you can put another £20,000 into your ISAs for the 2025/26 tax year.

Understand how to make the most of your various ISAs with our guide on how many ISAs you can have.

What is my 2024/25 ISA allowance?

Your annual ISA allowance for the 2024/25 tax year is £20,000. The current tax year runs from 6 April 2024 to 5 April 2025.

This means you can put up to a total of £20,000 into one or more ISAs, and you would be exempt from paying tax on capital gains, UK dividends, and interest generated in your ISA.

Make sure you use your allowance by the end of the tax year on 5 April each year. Any unused allowance won’t be carried over to the following tax year, so you lose it forever if you don’t use it.

To find out more on how to use your yearly allowance efficiently, check our guide on your ISA allowance.

What is a flexible ISA?

Unlike a lot of other providers, the Freetrade ISA is flexible. This means you can withdraw and replace money during the tax year without impacting your annual allowance.

Flexible ISAs give you the added benefit of being able to access your savings and investments as and when you need, without having to forgo all or part of your annual £20,000 allowance.

Learn more about flexible ISAs.

How do I transfer my stocks and shares ISA from another provider to Freetrade?

Transferring is simple. You just need to complete the ISA transfer form, and we will do the rest for you.

The transfer process might take four to six weeks, but we will let you know when it’s all completed.

Transfer an ISA
Who is eligible for a stocks and shares ISA account?

You’ll need to be 18 years of age or over and a UK resident to open an investment ISA. You can’t open a stocks and shares ISA for someone else.

What is the minimum amount I need to open an investment ISA?

There is no minimum amount required to open a Freetrade ISA.

Can you hold multiple ISAs with different providers at once?

Yes, you can hold more than one ISA at once, so you can have multiple cash ISAs or stocks and shares ISAs with different providers.

Some people prefer to keep all their ISAs in one place to reduce any fees they pay, and to see their investments in one place.

We don’t charge any fees to transfer your ISAs to Freetrade. Just watch out for any transfer out fees that your current provider might apply.

Can I transfer investments from a regular brokerage account into an ISA?

No, you can’t transfer stocks you already hold in a General Investment Account (GIA) into a stocks and shares ISA.

To get the tax benefits that come with an ISA, you have to deposit money into an ISA, and then invest it. Anyone who holds investments in a GIA will have to carry out bed and ISA transactions if they want to move them into a stocks and shares ISA.

Stocks and shares ISA, investment ISA, share dealing ISA and trading ISA account: are they the same?

The simple answer is yes!

Investment ISA, share dealing ISA, and trading ISA are just other names for a stocks and shares ISA.

All four investment accounts offer a tax-efficient home for your investments. Tax rules for ISA accounts can change and their benefits depend on your circumstances.

You can invest in a wide range of instruments, including stocks and shares, ETFs, investment trusts, REITs, and UK Treasury bills.

Pick the plan that suits you best
Save 17% when you choose an annual subscription.
Basic
£0.00
/Month
Accounts
  • General Investment Account
Benefits
  • A great way to try Freetrade before transferring your ISA or pension
  • Unlimited commission-free trades. Other charges may apply.
  • Trade USD and EUR stocks at the exchange rate + 0.99% FX fee
  • Access to a selection of Freetrade’s 6,200+ global stocks and ETFs
  • 1% AER on up to £1,000 uninvested cash
  • Fractional US shares
  • Access to mobile app and web platform
Standard
£4.99
/Month
£59.88 billed annually
Accounts
  • General Investment Account
  • Stocks and shares ISA
Everything in Basic and:
  • Access to 6,200+ stocks and ETFs
  • A lower FX fee of 0.59% on non-GBP trades
  • 3% AER on up to £2,000 uninvested cash
  • Automated order types, including recurring orders
  • More stats and analysis, including analyst ratings and EPS estimates 
Plus
£9.99
/Month
£119.88 billed annually
Accounts
  • General Investment Account
  • Stocks and shares ISA
  • Personal pension
Everything in Standard and:
  • A lower FX fee of 0.39% on non-GBP trades
  • Priority customer service
  • 5% AER on up to £3,000 uninvested cash
Basic
£0.00
/Month
Accounts
  • General Investment Account
Benefits
  • A great way to try Freetrade before transferring your ISA or pension
  • Unlimited commission-free trades. Other charges may apply.
  • Trade USD and EUR stocks at the exchange rate + 0.99% FX fee
  • Access to a selection of Freetrade’s 6,200+ global stocks and ETFs
  • 1% AER on up to £1,000 uninvested cash
  • Fractional US shares
  • Access to mobile app and web platform
Standard
£5.99
/Month
billed monthly
Accounts
  • General Investment Account
  • Stocks and shares ISA
Everything in Basic and:
  • Access to 6,200+ stocks and ETFs
  • A lower FX fee of 0.59% on non-GBP trades
  • 3% AER on up to £2,000 uninvested cash
  • Automated order types, including recurring orders
  • More stats and analysis, including analyst ratings and EPS estimates 
Plus
£11.99
/Month
billed monthly
Accounts
  • General Investment Account
  • Stocks and shares ISA
  • Personal pension
Everything in Standard and:
  • A lower FX fee of 0.39% on non-GBP trades
  • Priority customer service
  • 5% AER on up to £3,000 uninvested cash

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