Mutual funds on Freetrade
No commissions. No percentage fees. More growth.
Grow your funds, not your fees. Choose from 500+ funds from providers like Vanguard, Blackrock, Royal London, and more to diversify your portfolio.
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Capital at risk.
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What are mutual funds
Mutual funds give you instant access to a ready-made, diversified portfolio.
Instant diversification
Buying into a fund is like buying a basket of investments. In one unit, you’ll be holding a range of stocks, bonds, and other assets, giving your portfolio a boost of diversification.
Expert management
Invest in actively managed funds and benefit from a professional fund manager. They oversee the fund and choose the investments within it, with the aim of beating the chosen benchmark.
Convenience
Save yourself time and effort. Funds rebalance and adjust their positions constantly, meaning you don’t have to constantly follow the markets or buy and sell individual stocks to meet your goals.
How much are fees costing you?
Explore how choosing a provider with lower fees can boost your long-term returns. Enter a few details to see your potential savings with Freetrade. Illustrative only, excludes FX.
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Projection shown is illustrative and should not be relied upon as a prediction of actual returns. Figures shown assume recurring contributions of £500 per month and trades in GBP only (excluding FX fees). When you invest, your capital is at risk. The value of your investments can go down well as up, and you may get back less than you invest. Other charges may apply.
Freetrade does not give investment advice and you are responsible for making your own investment decisions. If you are unsure about what is right for you, you should seek independent advice.
Freetrade does not give investment advice and you are responsible for making your own investment decisions. If you are unsure about what is right for you, you should seek independent advice.
How it works
Choose from tax-efficient account options to keep more of your returns.
Invest in seconds
Choose a mutual fund, enter an amount, and place your order commission-free.
Web
App
Discover new opportunities
Search by ticker name, explore categories, or browse popular investments - all in one place.
Web
App
Move money with ease
Add funds instantly and withdraw when you need to; securely and hassle-free.
Web
App
Track your performance
See how your investments are doing at a glance, with real-time updates and simple visuals.
Web
App
Capital at risk. Always do your own research. Other charges may apply.
Types of funds
With hundreds funds to choose from, there’s something for every investor.
Here are some of the most popular categories we offer:
Here are some of the most popular categories we offer:
Multi-asset funds
All-in-one portfolios that mix shares and bonds.
Great if you want instant diversification without picking lots of assets yourself.
Popular multi-asset funds:
- Vanguard LifeStrategy 80% Equity - growth-focused, approximately 80% shares / 20% bonds.
- Vanguard LifeStrategy 60% Equity - balanced mix, 60% shares / 40% bonds.
- HSBC Balanced Fund - a straightforward blend of global shares and bonds.
Equity funds
Invest mainly in company shares.
Higher risk than bonds, but with greater potential for long-term growth.
Popular multi-asset funds:
- HSBC FTSE All World Index - tracks thousands of companies worldwide.
- Fidelity Index World Fund - low-cost way to access developed markets.
- L&G Global Equity Index - simple, broad exposure to global shares.
Bond funds
Funds that lend to governments and companies.
Generally steadier than equities, they aim to provide income and stability.
Popular multi-asset funds:
- Vanguard Global Bond Index - global government and corporate bonds, GBP-hedged.
- Royal London Corporate Bond - invests in high-quality company bonds.
- Fidelity Strategic Bond - a flexible approach to managing bond markets.
Other funds types you can choose from include: property, infrastructure, income-focused, and sustainability. You'll find hundreds of funds on Freetrade.
Remember, always do your own research.
Don't let tax eat into your returns
Choose from tax-efficient account options to keep more of your returns.
ISA
Free to open
Individual savings account
No UK tax on growth or dividends. A great way to build wealth tax-free.
SIPP
Self-invested personal pension
Save for retirement with tax relief on contributions. Your money grows tax-free until you withdraw.
GIA
Free to open
General investment account
A flexible account if you’ve used your ISA allowance or don’t want a pension.
Most investors start with an ISA, use a SIPP for long-term retirement saving, and keep a GIA for extra flexibility.
ISA and SIPP rules apply. Tax treatment depends on personal circumstances and current rules may change.
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Join over 1.6 million users
Investing for everyone
We believe investing should be open to everyone, not just the wealthy or the experts.
That’s why we’ve built a simple, transparent platform that empowers people to invest for the long term. Whether you're just starting or growing your portfolio, Freetrade is designed to help you take control of your financial future with confidence.
As seen in
Get started in minutes
Investing made simple. No jargon, no hidden fees.
Step 1
Download the app or use web
Available on iOS, Android, and Web
Step 2
Open an account
Choose an ISA, GIA, or SIPP
Step 3
Add money
Top-up securely from your bank
Step 4
Pick your investments
Explore hundreds of funds
Step 5
Invest commission-free
Start building your portfolio with confidence
Step 6
Track and grow
Monitor your portfolio and learn as you go
ISA and SIPP rules and other charges may apply.
Your low-cost fund platform
Cost to hold funds in your portfolio
From £9.99/mo
Plus PLAN
£21.99/mo
INVESTOR + SIPP
0.45%
On holdings
0.25%
On holdings
Dealing commission
£0
FUNDS
£0
SHARES AND ETFS
£3.99
FUNDS
£3.99 - £9.99
SHARES AND ETFS
£0
FUNDS
£11.95
SHARES AND ETFS
£1.50
FUNDS
£5
SHARES AND ETFS
FX fees
Exchange rate + 0.39%
Exchange rate + 1.5%
Exchange rate + 1%
Exchange rate + 0.75%
General investment account
Stocks and shares ISA
Self-invested personal pension (SIPP)
Comparison Disclosure
Costs are based on those published costs on the other providers’ websites as of 9 June 2025. They are shown for illustrative purposes only. For confirmation of their up-to-date charges and product information, you should visit their websites.
Freetrade:
Subscription fee is based on the equivalent monthly cost of the Standard subscription fee if paid annually. Mutual funds are currently only available with a Standard or Plus plan.
Interactive Investor:
Subscription fee is based on the Investor + SIPP plan, which gives customers access to a GIA, ISA and SIPP. The Investor plan allows for one free trade credit worth £3.99 per month. The FX rate reduces on a tiered scale, based on transaction value: 1.25% for trades between £25,000 - £49,999, 1.0% for trades between £50,000 - £99,999.99, 0.50% for trades between £100,000 - £599,999, and 0.25% for trades of £600,000 or more. Dealing commission on UK and US shares is £3.99 per trade, and EU shares are £9.99 per trade.
Hargreaves Lansdown:
There is a 0.45% charge on the value of funds held in your account, uncapped. Dealing commission reduces to £8.95 per share trade when 10-19 trades were executed in the previous month, or £5.95 when 20 or more trades were executed in the previous month. The FX rate reduces on a tiered scale, based on transaction value: 1% for the first £5,000, 0.75% for the next £5,000, 0.50% for the next £10,000, and 0.25% for anything above £20,000.
AJ Bell:
There is a 0.25% charge on the value of funds held in your account, uncapped. Dealing commission reduces to £3.50 per share trade when 10 or more trades were executed in the previous month. The FX rate reduces on a tiered scale, based on transaction value: 0.75% for the first £10,000, 0.50% for £10,001 - £20,000, and 0.25% for anything over £20,000.
Freetrade:
Subscription fee is based on the equivalent monthly cost of the Standard subscription fee if paid annually. Mutual funds are currently only available with a Standard or Plus plan.
Interactive Investor:
Subscription fee is based on the Investor + SIPP plan, which gives customers access to a GIA, ISA and SIPP. The Investor plan allows for one free trade credit worth £3.99 per month. The FX rate reduces on a tiered scale, based on transaction value: 1.25% for trades between £25,000 - £49,999, 1.0% for trades between £50,000 - £99,999.99, 0.50% for trades between £100,000 - £599,999, and 0.25% for trades of £600,000 or more. Dealing commission on UK and US shares is £3.99 per trade, and EU shares are £9.99 per trade.
Hargreaves Lansdown:
There is a 0.45% charge on the value of funds held in your account, uncapped. Dealing commission reduces to £8.95 per share trade when 10-19 trades were executed in the previous month, or £5.95 when 20 or more trades were executed in the previous month. The FX rate reduces on a tiered scale, based on transaction value: 1% for the first £5,000, 0.75% for the next £5,000, 0.50% for the next £10,000, and 0.25% for anything above £20,000.
AJ Bell:
There is a 0.25% charge on the value of funds held in your account, uncapped. Dealing commission reduces to £3.50 per share trade when 10 or more trades were executed in the previous month. The FX rate reduces on a tiered scale, based on transaction value: 0.75% for the first £10,000, 0.50% for £10,001 - £20,000, and 0.25% for anything over £20,000.
Learn more
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When you invest, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you invest.
Freetrade does not give investment advice and you are responsible for making your own investment decisions. If you are unsure about what is right for you, you should seek independent advice.
ISA and SIPP rules apply. Tax treatment depends on personal circumstances and current rules may change.
A SIPP is a pension designed for people who want to make their own investment decisions. You can normally only access your money from age 55 (57 from 2028).
Freetrade currently only supports Uncrystallised Fund Pension Lump Sums (UFPLS) for SIPP withdrawals. Seek professional advice if you need help with your pension.
