Stocks and Shares ISA

Grow your savings, not your fees.

Our Stocks and Shares ISA is a flat fee of £3/month, and there are no commissions for placing trades.


When you invest, your capital is at risk. Tax rules for ISAs can change and their benefits depend on your circumstances.

Other charges may apply. See our full pricing table.

Why invest in an ISA?

An ISA, or Individual Savings Account, is a tax-efficient savings 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.
For more details, check our guide on what is a stocks and shares ISA.

Tax efficiency
No UK capital gains or income tax on your investments.
Long-term investment
Watch your money grow with income, dividends and capital gains accrued, tax-free over time.
Annual ISA Allowance
Your annual ISA allowance for the 2021/2022 tax year is £20,000.
No hassle
Less tax admin and hassle.

Why open an ISA with Freetrade?

Freetrade is an award-winning, commission-free investing app. We're a member of the London Stock Exchange and a FCA-regulated stockbroker. All Freetrade accounts are covered by the Financial Services Compensation Scheme (FSCS).

The Freetrade Stocks and Shares ISA lets you invest in hundreds of UK and US stocks, exchange-traded funds, all with no commissions.

Commission-free investing - No commissions for buying or selling stocks.
Instant trades - Unlimited commission-free instant trades during stock market opening hours.
FSCS protected - Customers' accounts are covered by the provisions of the Financial Services Compensation Scheme (FSCS) up to a maximum of £85,000. Read more about how we’re keeping your money safe.
Low flat fee - Unlike most providers who charge a percentage of your investments, we have a flat fee of only £3/month, so that you can grow your investments without growing your fees.
Vast stock universe - You can choose from thousands of UK and US stocks and ETFs - see our full stock list.
Fractional shares - you can invest from £2 and own a piece of even the most expensive US stocks, helping you build a diversified portfolio.
Award-winning app - Manage your portfolio from anywhere via our beautiful iOS and Android apps.
Support - Fast, friendly customer support when you need it.

What can I invest in?

US and UK stocks

Invest in thousands of NYSE, NASDAQ and London Stock Exchange-listed companies, including S&P 500, FTSE 350 and AIM stocks. Diversify your portfolio with shares from a wide range of sectors, such as tech, crypto, healthcare and clean energy.

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.

REIT stocks

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.

Compare our pricing

Your Stocks and Shares ISA costs a flat fee of £3/month, and there are no commissions for placing trades.
You can use our fees calculator to compare against other ISA providers.

Free
Trades
£3/mo
ISA account fee
Yes
Fractional shares
Spot rate + 0.45%
FX rate
£11.95
Trades
0.45%
ISA account fee
No
Fractional shares
Spot rate + 1%
FX rate
£7.99
Trades
£9.99/mo
ISA account fee
No
Fractional shares
Spot rate + 1.5%
FX rate
£9.95
Trades
0.25%
ISA account fee
No
Fractional shares
Spot rate + 1%
FX rate
Comparisons to other providers are based on published costs on their websites as of 30 March 2020, for a portfolio size of £5,000 and trades on shares and ETFs within a stocks and shares ISA.
Hargreaves Lansdown: ISA charges 0.45% of the value of shares in your account, capped at £45/year. 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 £7.99 per trade.
FX fee reduces on a tiered scale. £25,000 - £49,999 is 1.25%, £50,000 - £99,999.99 is 1%, £100,000 - £599,999 is 0.5%, and £600,000 - £999,999.99 is 0.25%
AJ Bell: ISA charges 0.25% of the value of the shares in your account, max £7.50 per quarter. Each trade of shares and ETFs is £9.95. Transferring out the underlying assets to another provider is £25 per holding, no charge for cash transfer. Fee per trade reduces to £4.95 when there were 10 or more share deals in the previous month.
FX rate is 1% for 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.

Putting your money to work

Investing puts your money to work in companies across the world, so your long-term return with a stocks and shares ISA could be higher than a cash ISA.

And using an ISA, your long-term returns should see much less tax than with a regular investing account.

When you invest, your capital is at risk. Tax rules for ISAs can change and their benefits depend on your circumstances.

How to open a Freetrade Stocks and Shares ISA

It only takes a couple of minutes to open an ISA with Freetrade. First, download the app and then follow the three steps below.

Step 1:

Tap on the profile icon at the top right of your screen

Step 2:

Next, tap on 'Stocks and Shares ISA'

Step 3:

Follow the steps on screen and you'll be sorted in minutes
For more info, see our ISA terms & conditions, our ISA guide and the HMRC website.

Learn more about ISAs

Learn more

Frequently asked questions

What is a stocks and shares ISA?

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An ISA, or Individual Savings Account, is a tax-efficient savings 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?

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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 2021/22 ISA allowance?

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Your annual ISA allowance for the 2021/2022 tax year is £20,000. This means you could put up to a total of £20,000 into one or multiple ISAs (eg. LISA, cash ISA, stocks and shares ISA), and you would be exempt from paying income, capital gains and dividend tax on any gains you make. Make sure you use your allowance by the end of the tax year on 5 April each year. Any unused allowance won’t be carried over to the following tax year, so you lose it forever if you don’t use it.

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

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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?

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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 2021/22?

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If you want to make the most out of your 2021/22 ISA allowance you have to open and contribute into an ISA before the deadline at midnight on Monday 5 April 2021.
Any contributions made after this time will count towards next year's allowance, which means you could lose out.

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

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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.

Can you hold multiple ISAs with different providers at once?

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Yes, you can hold more than one ISA at once, so you can have multiple cash ISAs or stocks and shares ISAs with different providers. However, each tax year you can only open or contribute to one of each type of ISA account. Your yearly allowance will be split across these accounts.
If you wish to transfer your existing ISA to a different provider during the tax year, you will be able to do so; just watch out for any transfer out fees that might apply.

Can I transfer investments from a regular brokerage account into an ISA?

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No, you can’t transfer stocks you already hold in a regular brokerage account into an ISA. To get the tax benefits that come with an ISA, you have to deposit money into one and then invest it.This means anyone who holds stocks and shares in a regular brokerage account will have to carry out bed and ISA transactions if they want to move them into an ISA.

What people say about Freetrade

Great stocks and shares ISA super cheap to trade. Rapidly deploying new features. Love it.
– Charlie
⭐⭐⭐⭐
Have moved my ISA over from Hargreaves Lansdown as the simplicity was driving easier/better investment decisions and better returns.
– Rob
⭐⭐⭐⭐⭐
Great app for personal investing - great UI design and new stocks coming all the time.
– Lucy
⭐⭐⭐⭐⭐

Download the app and start
investing now.