Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.

A means of calculating the potential future return on an investment.

More terms

Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
Read more

Over-The-Counter (OTC)

A security that is sold outside of an exchange.
Read more

Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
Read more

Annualised Rate of Return

The average annual return an investor sees over a set period of time.
Read more

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
Read more

Fundamentals

The data or information that is likely to impact a company's stock price.
Read more

Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
Read more

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
Read more

Gilt

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

You’re just minutes away from commission-free investing

When you invest, your capital is at risk