Key differences at a glance
See a side-by-side comparison of Freetrade and Interactive Investor, including account fees, commission charges, dividend reinvestment, flexible ISA, and more.
Account fees(ISA, SIPP & GIA)
Dealing charges forUS/UK shares, ETFs & funds
Dealing charges for other international shares
Large-trade surcharges
Regular investing
Flexible ISA
Fractional shares
Mobile app
Regulation & protection
£0, no portfolio limit
£0 per trade
£0 per trade
No large-trade surcharges
Yes
Yes
Yes
Yes
FCA-regulated, FSCS protected
£5.99/month, up to £100,000 (Core plan)
£3.99 per trade (Core plan)
£9.99 per trade (Core plan)
• UK shares & funds (£500,000+): £40
• US shares (£100,000+): 0.04% of trade value
• International shares (£25,000+): 0.1% of trade value
• US shares (£100,000+): 0.04% of trade value
• International shares (£25,000+): 0.1% of trade value
Yes
No
No
Yes
FCA-regulated, FSCS protected
Comparison Disclosure
Comparisons to Interactive Investor are based on publicly available information on their website as of 25 February 2026. They are shown for illustrative purposes only. For the most up-to-date details, please visit their website.
Interactive Investor charges fixed and tiered account fees.
- Account charges: £5.99 per month on the Core plan (for portfolios up to £100,000) and £14.99 per month on the Plus plan (with no portfolio limit).
- Trading fees: £3.95 per trade for UK and US shares, ETFs and funds on the Core plan, reduced to £1.49 or free on the Plus and Premium plans. Other international shares cost £9.99 per trade on the Core plan, reduced to £7.99 and £5.99 on the Plus and Premium plans.
- Regular investing: Available with a minimum monthly direct debit of £25 and no dealing fee on recurring orders. Selling fees may apply.
- Dividend reinvestment: £0.99 per trade for automatic dividend reinvestment on Core and Plus plans. Free on the Premium plan.
When you invest, your capital is at risk. ISA & SIPP rules apply. Other charges may apply.
£0 account fee with Freetrade
With Freetrade, you can open a GIA, stocks and shares ISA, and personal pension (SIPP) with £0 account fees and no portfolio size limit. View our charges.
Interactive Investor charges fixed monthly account fees of £5.99 on the Core plan for portfolios up to £100,000 and £14.99 on the Plus plan with no portfolio limit.
See how fees can affect your long-term returns using our cost of fees calculator.
Commission-free investing with Freetrade
Freetrade offers commission-free trading on UK, US and international investments, including shares, ETFs and funds. *Other charges, such as FX fees, may apply. View our charges.
Interactive Investor charges £3.99 per trade for UK and US shares, ETFs and funds, and £9.99 per trade for other international shares on its Core plan.
Large trade fees compared
With Freetrade, there are no extra fees on large trades, meaning commission-free investing regardless of trade value. *Other charges, such as FX fees, may apply. View our charges.
Interactive Investor applies surcharges above certain trade sizes:
• UK shares & funds (over £500,000): £40
• US shares (over £100,000): 0.04% of trade value
• International shares (over £25,000): 0.1% of trade value
Trade size
£500,000+ UK shares & funds
£100,000+ US shares
£25,000+ International shares
£0
£0
£0
£40
0.04% of trade value
0.1% of trade value
Flexible stocks and shares ISA
Freetrade offers a flexible stocks and shares ISA, giving you more control over how and when you move money in and out of your ISA without affecting your annual allowance, up to £20,000 per tax year.
Interactive Investor does not currently offer a flexible Stocks and Shares ISA. This means withdrawals permanently reduce your ISA allowance for that tax year.
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Fractional shares
Freetrade lets you invest in US stocks from as little as £1 with fractional shares. Choose how much you want to invest and build your portfolio gradually without needing to buy a whole share.
Interactive Investor does not offer fractional shares, meaning you must buy full shares when investing in US stocks.
Why Freetrade?
Invest for less
Commission-free investing and £0 ISA and SIPP account fees. Other charges may apply. See our full pricing table.
Over 7,500 investments
Choose from thousands of UK, US, and European stocks, ETFs and investment trusts and more. See our full list.
Automate your investments
Set up recurring orders, limit orders, and stop losses to control what you invest in and when.
Award-winning provider
Recognised by Boring Money as a 2026 Value for Money winner and Best for Low-Cost ISA and SIPP provider.
Advanced tools
Use analyst ratings and estimates to help inform your investment decisions.
Easy to use
Manage your portfolio with ease on iOS, Android, or your web browser.
5 star reviews
Join over 1.6 million users
Ready to start investing with Freetrade?
Open a SIPP
Build your future today. Open a Freetrade SIPP in minutes with no account fee.
Open an ISA
Invest tax-free from day one with a Stocks and Shares ISA on Freetrade. £0 account fees.
Have a SIPP or ISA already?
Transfer a SIPP
Take control of your pension. Transfer your SIPP to Freetrade and simplify investing.
Transfer an ISA
Bring your ISA together in one place. Transfer to Freetrade for simple, tax-free control.
Tax treatment depends on personal circumstances and current rules may change. Before transferring, check for any exit fees or loss of benefits from your current provider.
Freetrade vs Interactive Investor FAQs
Here you'll find answers to the most frequently asked questions. If you have a question that's not listed, please contact support.
Is it free to open an ISA or SIPP with Freetrade?
Yes. You can open a GIA, Stocks and Shares ISA and SIPP on Freetrade’s Basic plan with £0 account fees.
Does Freetrade charge commission fees?
No You can invest commission-free on UK, US and international investments including shares, ETFs and funds. Other charges may apply, such as FX fees.
Can I transfer my ISA from Interactive Investor to Freetrade?
Yes. You can request a Stocks and Shares ISA transfer from Interactive Investor to Freetrade through Freetrade’s ISA transfer process. Full or partial transfers may be available depending on your holdings.
How long does it take to transfer an ISA from Interactive Investor to Freetrade?
ISA transfers typically take 2 to 6 weeks. The timeframe depends on the type of transfer and how quickly your current provider completes the process.
Can I transfer my Interactive Investor SIPP to Freetrade?
Yes. You can transfer an existing SIPP from Interactive Investor to Freetrade. Transfers can be full or partial, depending on the assets held.
How long does it take to transfer a SIPP from Interactive Investor to Freetrade?
SIPP transfers typically take 4 to 8 weeks. Timescales can vary depending on the investments being transferred and provider processing times.
Are there any charges when transferring an ISA or SIPP from Interactive Investor?
Freetrade does not charge to receive ISA or SIPP transfers. Interactive Investor states it does not charge transfer-in or transfer-out fees, but it’s worth checking the latest terms for both providers before you start.
Can I track the progress of my transfer to Freetrade?
Yes. You can see updates during the transfer process in the Freetrade app, although progress detail can vary depending on the type of transfer and provider updates.
Is Freetrade ISA flexible?
Yes. Freetrade offers a flexible Stocks and Shares ISA. This allows you to withdraw and replace money within the same tax year without affecting your annual ISA allowance, up to the £20,000 annual limit.
Can I invest in fractional shares with Freetrade?
Yes. Freetrade supports fractional shares for eligible US stocks, so you can invest from as little as £1 without buying a whole share.
Does Interactive Investor charge extra fees for large trades?
Yes. Interactive Investor may apply additional charges on very large transactions above certain thresholds for UK, US and international investments.
Regulation and protection
Freetrade is authorised and regulated by the Financial Conduct Authority (FCA) and your deposits are covered up to £120,000 by the Financial Services Compensation Scheme (FSCS) if the firm fails
