Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

The concept that money you have now is more valuable than the same sum in the future.

More terms

After-hours trading

Trading outside of a stock exchange's opening hours.
Read more

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
Read more

Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
Read more

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
Read more

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
Read more

Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
Read more

ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.
Read more

OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
Read more

SPAC

Find our what a SPAc or special purpose acquisition company is.
Read more
Compare plans

Pick the plan that suits you best

Save 17% when you choose an annual subscription.
Annually
Monthly
Basic
£0.00
/Mo.
 
Get basic
Accounts include

  • General investment account

  • Stocks and shares ISA

    New
Benefits include

  • Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more

  • FX fee of 0.99% on non-GBP trades

  • 1% AER on up to £1k uninvested cash

Standard
£4.99
/Mo.
£59.88 billed annually
Get Standard
Accounts include

  • General investment account

  • Stocks and shares ISA

Benefits include

  • Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more

  • FX fee of 0.59% on non-GBP trades

  • 3% AER on up to £2k uninvested cash

  • Mutual funds

    New
Plus
£9.99
/Mo.
£119.88 billed annually
Get Plus
Accounts include

  • General investment account

  • Stocks and shares ISA

  • Personal pension (SIPP)

Benefits include

  • Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more

  • FX fee of 0.39% on non-GBP trades

  • 5% AER on up to £3k uninvested cash

  • Mutual funds

    New
Basic
£0.00
/Mo.
 
Get basic
Accounts include

  • General investment account

  • Stocks and shares ISA

    New
Benefits include

  • Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more

  • FX fee of 0.99% on non-GBP trades

  • 1% AER on up to £1k uninvested cash

Standard
£5.99
/Mo.
billed monthly
Get Standard
Accounts include

  • General investment account

  • Stocks and shares ISA

Benefits include

  • Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more

  • FX fee of 0.59% on non-GBP trades

  • 3% AER on up to £2k uninvested cash

  • Mutual funds

    New
Plus
£11.99
/Mo.
billed monthly
Get Plus
Accounts include

  • General investment account

  • Stocks and shares ISA

  • Personal pension (SIPP)

Benefits include

  • Commission-free investing in 6,500+ UK, US, and European stocks, ETFs, and more

  • FX fee of 0.39% on non-GBP trades

  • 5% AER on up to £3k uninvested cash

  • Mutual funds

    New
Compare all features

You’re just minutes away from commission-free investing

open an isa
When you invest, your capital is at risk

Freetrade is your gateway to commission-free investing. Join over 1.6 million users using the Best online trading platform, as voted at the British Bank Awards for six years running.

Accounts
Customer Support
Resources
Company
Important information

Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go down as well as up and you may receive back less than your original investment. 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).

© 2025 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.

Follow us on