Transfer general investment account
Transfer your everyday investing account to Freetrade and invest in over 6,000 stocks commission-free.
Your general investment account (GIA) is free and available as part of all of our plans.
When you invest, your capital is at risk.
Other charges may apply. See our full pricing table.
Why transfer your investment account
to Freetrade
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Investment choice
Choose from thousands of UK, US and European shares,
ETFs and more.
One home for your investments
Transfer your general investment account and keep all of your investments under one roof.
Commission-free investing
We don’t charge commission when you buy or sell shares.
Other charges may apply.
Transfer for free
Transferring your general investment account to Freetrade is simple and free.
Fractional shares
Own a piece of the most expensive US shares, from £2.
Fast Service
Customer support from real humans, always available to help.
Whatever your reason for transferring, make sure it's the right decision for you.
Check whether you'll be better off by moving and if you'll have to pay to leave your current provider.
How to transfer to Freetrade
Transferring to Freetrade is easy and free.
Follow the steps below to transfer your investment account from a different broker to Freetrade.
If you don't have a Freetrade account, download the app from the App Store or Play Store and get started.
Request the transfer by completing the online form.
Our team will arrange the transfer and update you when it’s complete.
Monitor and choose investments through your Freetrade app.
Transfer investments
If you hold any UK or US securities with another provider, you can transfer them to Freetrade as stocks and stay invested, as long as they’re stocks that we offer. At the moment, any non-UK and non-US securities can only be transferred as cash.
Transfer cash
You can also transfer your investment account to Freetrade by selling your investments first and then transferring the cash. With cash transfers, you are not invested so you will miss out on market ups and downs during the transfer.
How we compare to other brokers
See how investing with Freetrade measures up against other providers.
From May, monthly subscription fees will change to £5.99 per month for our Standard plan and £11.99 per month for our Plus plan.
Disclaimer: Comparisons to other providers are based on published costs on their websites as of 5 July 2022, for a portfolio size of £5,000 and trades on shares and ETFs within a general investment account.
Comparison Disclosure ⓘ
Hargreaves Lansdown:
Based on trades in the previous month, the fee per trade reduces to £8.95 per trade 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 £5.99 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:
When investing in shares the 0.25% account charge is capped at £3.50 per month. 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. FX fee reduces on a tiered scale, based on transaction value: for the first £10,000 is 0.75%, £10,001 - £20,000 is 0.50%, and 0.25% for over £20,000.
What can I invest in?
See which are the most traded shares by the total value of buy orders over the past week on the Freetrade app.
US, UK and European stocks
Invest in thousands of companies listed on the LSE, NYSE, NASDAQ and across Europe.
ETFs
Choose from a wide range of exchange-traded funds covering index funds, stock and bond ETFs from providers like Vanguard, iShares and Invesco, as well as HSBC and Xtrackers.
REITs
Diversify your investments with REITs, which allow you to add residential or commercial real estate assets to your portfolio without the hassle of buying and managing the properties yourself.
Investment trusts
Choose from over 150 investment trusts to diversify your portfolio across a wide range of sectors, geographical areas and markets worldwide.
Transferring to another provider
If you decide to leave Freetrade, you can transfer out UK or US securities as cash or stock. At the moment, to transfer any non-UK or non-US securities away from Freetrade, you will have to sell them first and transfer the amount as cash. When you transfer as cash you’ll be out of the market, so you may miss out on the ups and downs during your transfer.
Stocks can only be transferred as whole shares. If you wish to transfer a fraction of a share, you will have to sell it first and transfer the amount as cash.
There is no fee to transfer out UK securities or cash. Transferring out US securities will incur a cost of £17 per holding. We charge this amount to cover the fee our service provider charges us.
Your new provider may not be able to accept transfers of all securities you hold with Freetrade. It’s worth checking if they can support your stocks before you start your transfer.
Your future broker can send an electronic transfer request to us at: transfers@freetrade.io.
Become a better investor
Learn and grow as an investor with our helpful guides and articles on a range of topics.
FAQs
What is a General Investment Account?
A General Investment Account or GIA, is your everyday investing account. It’s not your tax-efficient account like an ISA or a SIPP, which means there’s no allowance, you can invest as much as you like. Each investment provider has a slightly different name for their GIA, you might see it called a dealing account, trading account or even a fund and share account.
What can I transfer?
You can transfer any stock to us as long as it is part of our stock universe. If there’s an exception and a stock cannot be transferred, we will always contact you to discuss your options. If you have any doubts about whether a stock can be transferred, get in touch with our team.
How long will the transfer take?
Cash transfers can take from 2 - 4 weeks to complete. Stock transfers take a little longer, usually around 4 - 6 weeks. There’s no need to contact us during this process, we’ll let you know as soon as it’s complete.
Can I transfer my existing stocks or do I have to sell them first?
As mentioned above, if the stocks in your existing General Investment Account (GIA) are in our universe, you can transfer them without selling. If not, you will have the option to either sell the stocks and transfer as cash, or leave them with your current provider, providing your current provider allows this. We will always contact you to discuss your options.
Is there a transfer fee?
It’s free to transfer to Freetrade.
Are there fees for transferring away from Freetrade?
If you decide to leave Freetrade, you can transfer out UK or US securities as cash or stock. At the moment, to transfer any non-UK or non-US securities away from Freetrade, you will have to sell them first and transfer the amount as cash. When you transfer as cash you’ll be out of the market, so you may miss out on the ups and downs during your transfer.
Stocks can only be transferred as whole shares. If you wish to transfer a fraction of a share, you will have to sell it first and transfer the amount as cash.
There is no fee to transfer out UK securities or cash. Transferring out US securities will incur a cost of £17 per holding. We charge this amount to cover the fee our service provider charges us.
Your new provider may not be able to accept transfers of all securities you hold with Freetrade. It’s worth checking if they can support your stocks before you start your transfer.
Your future broker can send an electronic transfer request to us at: transfers@freetrade.io.
Simple pricing plans
Choose how you'd like to pay:
Annually
Save 17%
Monthly
Annually
Save 17%
Monthly
Accounts
Benefits
- Commission-free trades (other charges may apply. See full pricing table.)
- Trade USD & EUR stocks at the exchange rate + a 0.99% FX fee
- Fractional US Shares
- Access to more than 1,500 stocks, including the most popular shares and ETFs
£59.88 billed annually
Billed monthly
Accounts
Benefits
Everything in Basic, plus:
- Full range of over 6,000 US, UK and EU stocks and ETFs
- Trade USD & EUR stocks at the exchange rate + a 0.59% FX fee
- Automated order types
- Advanced stock fundamentals
- 1% on uninvested cash, up to a maximum of £2,000
£119.88 billed annually
Billed monthly
Accounts
Benefits
Everything in Standard, plus:
- 3% on uninvested cash, up to a maximum of £4,000
- Trade USD & EUR stocks at the exchange rate + a 0.39% FX fee
- Priority customer service
- Freetrade Web beta
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