Investing shouldn’t be expensive or complicated. That’s why Freetrade is taking two major steps forward in our mission to make investing accessible to everyone.
All Freetrade customers can now invest in mutual funds and gilts, and open a self-invested personal pension (SIPP), features previously only available on paid plans.
What’s changing
From today, all Freetrade customers can:
- Get the UK’s only free self-investing personal pension (SIPP) that lets you invest in stocks, ETFs, funds, bonds, and more. No commission fees. No account fees.
- Invest in all instruments available on Freetrade with no monthly subscription and no commission on trades. That’s over 6,500 stocks, ETFs, investment trusts, and bonds, plus hundreds of funds and gilts that were previously only available to paid subscribers.
That means essential investing tools, including pensions and funds, are now available to everyone using Freetrade, at no extra cost.
A free self-invested personal pension (SIPP)
A pension is one of the most important long-term investments you’ll ever make. Yet many pension providers charge an annual fee just to hold one, quietly reducing your retirement savings over time.
Previously only available to Plus subscribers, Freetrade’s SIPP is now available to all customers. There’s no account fee and no commission on buys or sells, helping more of your money stay invested for the long term.
With a Freetrade pension, you can:
- Open a SIPP with no account fee
- Make commission-free trades within your pension
- Invest in stocks, ETFs, funds, and gilts
- Transfer existing pensions into Freetrade
- Manage everything in one simple app and web platform
By removing pension fees entirely, Freetrade gives you more control over how you invest for retirement. Without locking essential features behind a subscription.
To celebrate the launch, check out the latest cashback offers.
Funds and gilts, now available to everyone
Funds and gilts are a core part of long-term investing, helping investors diversify and manage risk. From today, hundreds of funds and gilts are available to all Freetrade customers. Not just paid subscribers.
This gives more investors access to professionally managed funds and government-backed bonds. These can be tools for spreading risk, balancing portfolios, and supporting long-term investing goals. Now without paying a subscription or ongoing account fee.
While Freetrade doesn’t charge you to invest in funds, fund providers may apply their own costs. These can vary by fund and may include an ongoing charges figure (OCF) and transaction fees.
What this means for Freetrade subscription plans
Making pensions, funds and gilts available to all customers means Freetrade’s subscription plans are no longer required to access core investing products. Instead, subscriptions are designed for customers who want additional benefits, such as lower FX fees, higher interest on cash, or extra features, rather than access to essential investment types. This shift keeps core investing, including long-term tools like pensions and funds, free, while giving customers the option to upgrade if they want more.
Compare Freetrade’s subscription plans.
How Freetrade keeps investing free
Investing should be accessible, and it should also be transparent.
Freetrade doesn’t charge account fees or trading commission. Instead, we make money through:
- FX fees when trading non-GBP investments
- A portion of interest earned on uninvested cash
- Optional paid plans offering lower FX fees or higher interest on cash
This approach means you can access essential investing products, including pensions, at no extra cost. Learn more about how Freetrade makes money.
When you invest, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you invest.
Other charges may apply.
Freetrade does not give investment advice and you are responsible for making your own investment decisions. If you are unsure about what is right for you, you should seek independent advice.
SIPP rules apply.
A SIPP is a pension designed for people who want to make their own investment decisions. You can normally only access your money from age 55 (57 from 2028).
Freetrade currently only supports Uncrystallised Fund Pension Lump Sums (UFPLS) for SIPP withdrawals.
Before transferring, check for any exit fees or loss of benefits from your current provider.
Pensions transferred to Freetrade may lose any protected pension age benefit, meaning you may not be able to draw the money until age 57.
Seek professional advice if you need help with your pension.
