Freetrade Stocks and Shares ISA

In the UK, one of the best ways to save is with an ISA.

Your Freetrade Stocks and Shares ISA costs a flat fee of £3/month.


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

Benefits of an ISA

What is an ISA?

An ISA, or Individual Savings Account, is a tax-efficient saving or investment account.

There are four main types of ISAs: Cash, Lifetime, Innovative Finance, and Stocks and Shares. You can open one of each type each year.
Read more about ISAs


Why should I 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.

The Telegraph featured Freetrade in their article "The best ISA to buy if you want to buy your own stocks" which you can read here.


I opened an ISA earlier this year — can I open a new one?

You can only open one of each type of ISA per year. The tax year runs from 6 April to 5 April.

So, if you opened a stocks and shares ISA in February, you can open another one in May, for example.


Can I convert my Basic Account into an ISA?

To do this, you would need to sell your positions in the Basic Account. Drop us an in-app message after that, and we'll transfer the cash straight into your ISA.



Pricing

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

Here's how our pricing compares to other ISA providers.


Free
Trades
£3/mo
ISA
Free
Exit Fees
£11.95
Trades
0.45%
ISA
Free
Exit Fees
£7.99
Trades
£9.99/mo
ISA
Free
Exit Fees
£9.95
Trades
0.25%
ISA
£25
Exit Fees
Comparisons to other providers are based on published costs on their websites as of 23 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.
Interactive Investor: One free trade per month, then £7.99 per trade.
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.

Updated 30 March 2020

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.

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 'Open Investment ISA'

Step 3:

Follow the steps on screen and you'll be sorted in minutes
For more info, see our ISA terms & conditions, our blog and the HMRC website.
When you invest, your capital is at risk. Tax rules for ISAs can change and their benefits depend on your circumstances.

Download the app and start your
investing journey now.