Freetrade’s self-invested personal pension is simple.
No hidden fees, just a flat monthly fee and no commission when buying or selling shares.
When you invest, your capital is at risk. Pension and tax rules apply.
Other charges may apply. See our full pricing table.
Saving for retirement is hard enough, but high costs make it even harder.
That’s why we created a SIPP with a flat monthly fee, rather than charging you a percentage fee that grows with your pension pot. This way you can focus on growing your retirement savings, not the fees you pay.
Disclaimer: Comparisons to other SIPP providers are based on our understanding of their published costs on their websites as at 08 January 2021, 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.
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. Please read and make sure you understand the Freetrade SIPP Key Features Document, Terms and Conditions, Charges Schedule and SIPP Declarations.
SIPP account charges 0.45% of the value of shares in your account, capped at £200/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.
We compared to the Investor Plan account for ease of comparison, where you get one free trade per month, then £7.99 per trade.
SIPP account charges £10/month, on top of the Investor Plan fee (£9.99/month).
FX fee reduces on a tiered scale, based on transaction value: £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%.
SIPP account charges 0.25% of the value of the shares in your account, capped at £10/ month.
Fee per trade reduced to £4.95 when there were ten 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 1.00%, £10,001 - £20,000 is 0.75%, £20,001 - £30,000 is 0.50% and 0.25% for over £30,000.
No charge for transfers out in cash to another UK registered pension scheme. £9.95 per holding (excluding VAT) for in specie transfers to another UK registered pension scheme.
Start saving for your future today.
Download the app and open your SIPP account in minutes.
Put all of your pensions in one place.
Head to the app, open a SIPP account and click ‘Transfer a 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.
You’ll only be charged for your SIPP once it is topped up. This could happen by making a payment into your SIPP (also known as a contribution) or by transferring your pension to Freetrade.
The fee will be taken from your bank account on the day you first top up your SIPP and this date will become your monthly billing date for future payments.
No, there is no transfer in fee when moving your pension from another provider to Freetrade. However, your current SIPP provider may charge, so please check with them directly.
No, there are no fees for closing your Freetrade SIPP.