SIPP charges

Your self-invested personal pension (SIPP) is available as part of the Plus plan for just £11.99 per month.

With low monthly fees and commission-free investing, your retirement savings can grow without your fees growing too.
Capital at risk. Please remember tax relief depends on your personal circumstances and current rules can change. Other charges apply. See pricing table.

SIPP is a pension product designed for people who want to make their own investment decisions. You can normally only access the money from age 55 (57 from 2028). Before transferring a pension, please ensure that you will not lose valuable guarantees or incur excessive transfer penalties.
Boat

How much will a Freetrade SIPP cost?

Charges
Plus plan
Monthly fee
£11.99 per month or £119.88 per year
What's included?
An ISA and SIPP are both included, as well as access to 6,200+ stocks and ETFs, 5% AER on up to £3,000 uninvested cash, automated order types, and advanced stock fundamentals.
Share dealing charges
Free
Overseas share dealing charges
Transfer in
Free
UK stock or cash transfer out
Free
US stock transfer out (per holding)
£17

SIPP fees comparison with other providers

Your SIPP is included as part of the Plus plan for just £11.99 per month. With a simple and low monthly fee, your pension pot can grow without your fees growing too.
Trades
Subscription fee
FX rate
US fractional shares
Maximum account size
Transfer in fee
Transfer out fee
Free
Per Trade
£11.99/mo
Plus plan
Exchange rate + 0.39%
FX rate - Plus plan
Yes
Unlimited
£0
£0
Cash and UK stocks
£17
US stocks (per holding)
£11.95
Per Trade
0.45%
SIPP account
Exchange rate + 1%
No
Unlimited
£0
£0
£3.99
Per Trade
£5.99/mo
Pension Essentials plan
Exchange rate + 1.5%
No
£50,000
Pension Essentials plan
£0
£0
£5.00
Per Trade
0.25%
SIPP account
Exchange rate + 0.75%
No
Unlimited
£0
£0
Check before you transfer a pension to us that we can accept your investments, you won’t lose any guarantees, and that you know what charges you may incur. Seek advice if you are unsure about making a transfer. Always do your own research.

Pensions that are transferred to the Freetrade SIPP may lose the protected pension age benefit, if applicable to you, meaning that you will need to wait longer until you can draw monies from your Freetrade SIPP. Please ensure you know what this means for you and the effect it may have on you and your savings.

Freetrade won't charge you to transfer your pension to us, but please check with your existing provider what fees or restrictions may apply from them. We cannot provide you with any advice therefore it is your responsibility to ensure you are happy that transferring to the Freetrade Pension is right for you.

‍If you're unsure if transferring your pension to Freetrade is right, you should take advice from a suitably qualified financial adviser. For more info, see our SIPP Key Features Document, Terms and Conditions, Charges Schedule and SIPP Declarations.
Comparison Disclosure
Comparisons to other SIPP providers are based on our understanding of their published costs on their websites as at 31 July 2024, for trading shares and ETFs within a SIPP account. They are shown for illustrative purposes only. For confirmation of their up to date charges and product information, you should visit their websites.

Hargreaves Lansdown:
SIPP account charges are 0.45% of the value of shares in your account, capped at £200/yr. Fee per trade reduces depending on the number of trades in the previous month to £8.95 per trade for 10-19 trades, and £5.95 for 20 or more trades. The FX fee 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.

Interactive Investor:
Based on the Pension Essentials plan, which allows for a maximum portfolio size of £50,000 and charges a £5.99/mo account fee. For portfolios above £50,000, customers are automatically moved on to the Pension Builder plan, with a £12.99 monthly account fee. The FX fee 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.

AJ Bell:
SIPP account charges 0.25% of the value of the shares in your account, capped at £10/mo. Each share or ETF trade is £5.00. Fee per trade reduces to £3.50 when 10 or more trades are done in the previous month. The FX fee 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.

Open a SIPP

Start saving for your future today. Download the app, choose the Plus plan and open your SIPP account in minutes.
Open a SIPP

Transfer a pension

Head to the app, choose the Plus plan, open a SIPP account and click ‘Transfer a pension’.
Transfer Pension
Before transferring your pension to Freetrade, make sure it is the right action for you to take. Some people speak to a financial advisor to help them make this decision.

SIPP Charges FAQs

Here you'll find answers to the most frequently asked questions. If you have a question that's not listed, please contact support.
How do I pay for my SIPP?
Are there any fees to transfer my SIPP to Freetrade?
Can I cancel or close my Freetrade SIPP?
Pick the plan that suits you best
Save 17% when you choose an annual subscription.
Basic
£0.00
/Month
Accounts
  • General Investment Account
Benefits
  • A great way to try Freetrade before transferring your ISA or pension
  • Unlimited commission-free trades. Other charges may apply.
  • Trade USD and EUR stocks at the exchange rate + 0.99% FX fee
  • Access to a selection of Freetrade’s 6,200+ global stocks and ETFs
  • 1% AER on up to £1,000 uninvested cash
  • Fractional US shares
  • Access to mobile app and web platform
Standard
£4.99
/Month
£59.88 billed annually
Accounts
  • General Investment Account
  • Stocks and shares ISA
Everything in Basic and:
  • Access to 6,200+ stocks and ETFs
  • A lower FX fee of 0.59% on non-GBP trades
  • 3% AER on up to £2,000 uninvested cash
  • Automated order types, including recurring orders
  • More stats and analysis, including analyst ratings and EPS estimates 
Plus
£9.99
/Month
£119.88 billed annually
Accounts
  • General Investment Account
  • Stocks and shares ISA
  • Personal pension
Everything in Standard and:
  • A lower FX fee of 0.39% on non-GBP trades
  • Priority customer service
  • 5% AER on up to £3,000 uninvested cash
Basic
£0.00
/Month
Accounts
  • General Investment Account
Benefits
  • A great way to try Freetrade before transferring your ISA or pension
  • Unlimited commission-free trades. Other charges may apply.
  • Trade USD and EUR stocks at the exchange rate + 0.99% FX fee
  • Access to a selection of Freetrade’s 6,200+ global stocks and ETFs
  • 1% AER on up to £1,000 uninvested cash
  • Fractional US shares
  • Access to mobile app and web platform
Standard
£5.99
/Month
billed monthly
Accounts
  • General Investment Account
  • Stocks and shares ISA
Everything in Basic and:
  • Access to 6,200+ stocks and ETFs
  • A lower FX fee of 0.59% on non-GBP trades
  • 3% AER on up to £2,000 uninvested cash
  • Automated order types, including recurring orders
  • More stats and analysis, including analyst ratings and EPS estimates 
Plus
£11.99
/Month
billed monthly
Accounts
  • General Investment Account
  • Stocks and shares ISA
  • Personal pension
Everything in Standard and:
  • A lower FX fee of 0.39% on non-GBP trades
  • Priority customer service
  • 5% AER on up to £3,000 uninvested cash

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