General Investment Account

Invest commission-free in shares and ETFs and grow your savings over the long term. We make it simple, beautiful and free.

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When you invest, your capital is at risk. Authorised and regulated by the FCA.

Why invest with Freetrade?

With a General Investment Account in the tax year 20/21, you are subject to capital gains tax after earning £12,300, and subject to dividend tax after earning £2,000 per year in dividends. 

For the most tax-efficient account, check our Stock and Shares ISA, which allows you to invest up to £20,000 each year without having to pay capital gains or UK dividends tax.

Learn more about ISAs

Tax treatment depends on your individual circumstances and may be subject to future change.

How we compare

See how share dealing with Freetrade measures up against other providers

Hargreaves Lansdown: Based on trades in the previous month, the fee per trade reduces to £8.95 per trades for 10-19 trades, and £5.95 for 20 or more trades.
FX fee reduces to 0.75% after £5,000 value of trades, 0.5% for the next £10,000 and to 0.25% for over £20,000 value of trades.
Interactive Investor: One free trade per month, then £7.99 per trade.
FX fee reduces on a tiered scale. Trades between £25,000 - £49,999 are 1.25%, £50,000 - £99,999.99 are 1%, £100,000 - £599,999 are 0.5%, and £600,000 - £999,999.99 are 0.25%.
AJ Bell: Each trade in shares and ETFs is £9.95. Fee per trade reduces to £4.95 when there were 10 or more share deals in the previous month.
The FX rate is 1% for trades up to the first £10,000, 0.75% for the next £10,000, 0.5% for the next £10,000 and is 0.25% for value over £30,000.

Updated 20th August 2020

How to buy shares

Discover

Build and track the portfolio that suits you with no commissions.

Explore thousands of US and UK stocks and exchange-traded funds.

Buy and sell commission-free in just a few taps.

Portfolio

Build and track the portfolio that suits you with no fees or charges.

Discover

Explore hundreds of US and UK stocks and exchange-traded funds.

Invest

Buy and sell for free in just a few taps.

What can I invest in?

Company stocks

Choose from thousands of UK and US shares. You can find London Stock Exchange-listed companies, NYSE and NASDAQ-listed stocks.

Investment Trusts

Choose from a variety of investment trusts covering different sectors and markets worldwide.

ETFs

Pick from a wide range of exchange-traded funds covering index funds, stock and bond ETFs from providers like Vanguard, iShares and more.

Explore stocks

Invest in over 1,400 US and UK-listed stocks and ETFs.

All commission-free.

Frequently asked questions

What is a stocks and shares ISA?

An ISA, or Individual Savings Account, is a tax-efficient saving or investment account that allows you to put money into a wide range of investments, from individual stocks and shares to funds, bonds and ETFs. This type of account is also known as a ‘tax wrapper’ and essentially allows you to be exempt from paying income, capital gains and dividend tax when you place up to £20,000 into your ISA account.

How many stocks and shares ISAs can I have?

You can pay into one stocks and shares ISA account in each tax year, so if you opened one already, you wouldn’t be able to open one until the new tax year starts. You can, however, transfer your existing stocks and shares ISA over from a different provider.

What is my 2020/21 ISA allowance?

The 2020/21 ISA tax year allowance is £20,000. This is the maximum amount you can put into your stocks and shares ISA for the current tax year. Your unused allowance won’t be carried over to the following tax year, so make sure you make the most of it. 

How do I transfer my stocks and shares ISA to Freetrade?

To transfer your stocks and shares ISA from another provider to Freetrade, you just need to complete a form, and we will do the rest for you. The transfer process might take four to six weeks, but we will let you know when it’s all completed.

Who is eligible for a stocks and shares ISA?

You’ll need to be 18 years of age or over and a UK resident. If you’ve already opened a stocks and shares ISA in the current tax year, you won’t be eligible for a new account. You can’t open a stocks and shares ISA for someone else.

What is the deadline for opening an ISA in the tax year 2020/21?

The 2020/21 ISA tax year allowance is £20,000. This is the maximum amount you can put into your stocks and shares ISA for the current tax year. Your unused allowance won’t be carried over to the following tax year, so make sure you make the most of it. 

What is the minimum amount I need to open an ISA?

You don’t need thousands of pounds to open an ISA account. If you want to open a stocks and shares ISA with Freetrade, you can start from £2.

What people say about Freetrade

Allows anyone to become an investor. Helpful customer service. The community forum is an excellent resource for help, advice and general discussion if you are new to the game.
– David
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Really simple and effective interface and layout making it easy for beginners and experienced investors to get involved. Amazing customer support, always on hand and ready to help and a fantastic community.
– Oliver
⭐⭐⭐⭐⭐
What a great app! Fee-free share dealing - who wouldn’t want that? Anyone like me who’s felt the pain of £10-£12 fees per transaction should really take a look at Freetrade.
– Ross
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Download the app and start
investing now.

Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go up as well as down 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).

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