Building Freetrade

Our first Open Banking integration is rolling out

August 25, 2020
Our first Open Banking integration is rolling out
It’s now even easier to add money to your Freetrade account

What is Open Banking?

Open Banking is the secure way to give providers access to your financial information

With the new Open Banking integration on Freetrade, you can now make payments directly from your bank or building society app to your Freetrade account. 

How does it work?


Go to your Account tab, and tap on ‘Top up’ > ‘Bank transfer’.

Select your bank from the list, and you’ll be taken to your banking app to complete the funding.

Once you’ve made the deposit, we’ll apply this to your account within 2-4 hours.

We’ll send you a notification when the funds arrive. 💸

It's easy peasy



When can I use it?

The phased rollout is starting today for Android, and will arrive on iOS shortly.

This Open Banking integration is Freetrade’s first, and is one of many upcoming improvements coming to the funding flow.

Read more on our FAQs here
.



When you invest, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. 


Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).


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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
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/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
  • Free, same day withdrawals

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When you invest, your capital is at risk