Stocks and Shares ISA

Grow your money over the long term, not your fees.

Open a stocks and shares ISA today and get a free share worth between £50 - £2,000. 

Invest commission-free for £3/month.


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.

Open ISA account - Investment ISA
ISA transfer - transfer stocks and shares ISA

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 account 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. 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
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'
Open an 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 charges, our guides on how ISAs work and how to open an ISA account and the HMRC website.

Learn more about ISAs

Learn more

Frequently asked questions

To qualify for this offer you must have opened your Freetrade ISA before 23 September 2021.

How many stocks and shares ISAs can I have?

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?

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?

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?

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?

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?

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?

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?

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.

ISA free share FAQs (new ISAs)

To qualify for this offer you must open your Freetrade ISA between 23 September and 30 November 2021.

New ISAs: How does this promotion work?

Step 1: Open an ISA with Freetrade between 23 September and 30 November 2021.

Step 2: Deposit at least £500 into your new ISA or commence an ISA transfer within 14 days of opening the account. Transfers must be completed by 31 January 2022 in order to qualify for a free share. Deposits made more than 14 days from the account being opened will not be counted towards your free share value.

Step 3: We’ll award your free share within 30 days of your deposit or your transfer completing.

⚠️  Eligibility to invest into an ISA and the value of tax savings depends on personal circumstances and all tax rules may change.

What free share will I receive?

The value of the free share you receive will depend on the amount you deposit or transfer to your ISA. Free shares are awarded according to the tier you fall into.

ISA deposit or transfer size

Free share example*

Minimum free share value

£500 - £5,000 Ryanair, Sony, Colgate £50
£5,001 - £10,000 Apple, Nike, Disney £100
£10,001 - £15,000 Spotify, McDonalds, Coinbase £150
£15,001 - £20,000 Zoom, Mastercard, Microsoft £200
£20,001 - £50,000** Netflix, Lululemon £300
£50,001 - £150,000 Tesla, Blackrock £500
£150,001 - £250,000 Shopify, Booking £700
£250,001+ Amazon, Alphabet £2,000


*Examples of stocks that are at or above the minimum value you could get with your ISA portfolio size (as at 22 September 2021). Share prices go up and down. We will assess that a share's value meets the minimum value threshold at the point of purchasing, based on independent third party data feeds, at our sole discretion.

**Bear in mind you can deposit a maximum of £20,000 into your 2021/22 ISA. To receive a free share valued at £300 or more, you will need to transfer an existing ISA you hold with another provider.

How do you determine my ISA portfolio size?

We will look at the amount deposited into your ISA in the first 14 days of you opening it.

For transfers, your ISA will be valued at whichever is higher:

  • A) Cash and positions value at time of awarding, or

  • B) Total value of the transfer when it arrives in your new Freetrade ISA

When does this offer end?

This offer is only for ISAs opened and funded between 23 September and 30 November 2021.

If you are transferring an ISA, you have until 31 January 2022 for your transfer to be completed and to be eligible for the award.

What if I deposit or transfer more money into my ISA after I receive my free share?

You can only receive one free share under this offer. If you deposit more money after you receive your free share, you won’t qualify for an additional award.

If you have any queries about this, email freeshare@freetrade.io.

I don’t see the free share in my ISA!

Due to rules around the ISA annual allowance, your free share will be awarded to your General Investment Account (GIA).

What if I want to close or withdraw from my ISA?

If you close or withdraw from your Freetrade ISA within one year of receiving a free share under this offer, the free share you received will be forfeited.

If you have sold the free share before closing the ISA, you will have to repay to Freetrade the value of the free share at the time of awarding.

Have questions? Email us at freeshare@freetrade.io.

ISA free share FAQs (existing ISAs)

To qualify for this offer you must have opened your Freetrade ISA before 23 September 2021.

Existing ISAs: How does this promotion work?

Step 1: Contribute £5,000 or more to your ISA between 23 September and 30 November 2021. Alternatively, commence an ISA transfer during these dates. Transfers must be completed by 31 January 2022 in order to qualify for a free share.

Step 2:
We’ll award your free share on 2 December 2021.

⚠️ 
Eligibility to invest into an ISA and the value of tax savings depends on personal circumstances and all tax rules may change.

What free share will I receive?

The value of the free share you receive will depend on the amount you deposit or transfer to your ISA. Free shares are awarded according to the tier you fall into.

ISA deposit or transfer size

Free share example*

Minimum free share value

£5,000 - £10,000 Apple, Nike, Disney £100
£10,001 - £15,000 Spotify, McDonalds, Coinbase £150
£15,001 - £20,000 Zoom, Mastercard, Microsoft £200
£20,001 - £50,000** Netflix, Lululemon £300
£50,001 - £150,000 Tesla, Blackrock £500
£150,001 - £250,000 Shopify, Booking £700
£250,001+ Amazon, Alphabet £2,000


*Examples of stocks that are at or above the minimum value you could get with your ISA portfolio size (as at 22 September 2021). Share prices go up and down. We will assess that a share's value meets the minimum value threshold at the point of purchasing, based on independent third party data feeds, at our sole discretion.

**Bear in mind you can deposit a maximum of £20,000 into your 2021/22 ISA. To receive a free share valued at £300 or more, you will need to transfer an existing ISA you hold with another provider.

How do you determine my ISA portfolio size?

We will look at the cash you deposited between 23 September and 30 November 2021.

For transfers, your ISA will be valued at whichever is higher:

  • C) Cash and positions value at time of awarding, or

  • D) Total value of the transfer when it arrive in your new ISA

When does this offer end?

This offer only applies to customers who:

  • A) Opened their ISA before 23 September 2021, and

  • B) Deposited or transferred at least £5,000 into the ISA between 23 September and 30 November 2021.

If you are transferring an ISA, you have until 31 January 2022 for your transfer to be completed to be eligible for the award.

I don’t see the free share in my ISA!

Free shares for this offer will be awarded on 2 December 2021. This allows for you to make multiple contributions during the offer period and then receive maximum free share you’re eligible for.

Due to rules around the ISA annual allowance, your free share will be awarded to your General Investment Account (GIA).

What if I want to close or withdraw from my ISA?

If you close or withdraw from your Freetrade ISA within one year of receiving a free share under this offer, the free share you received will be forfeited.

If you have sold the free share before closing the ISA, you will have to repay to Freetrade the value of the free share at the time of awarding.

Have questions? Email us at freeshare@freetrade.io.

ISA Free Share Promotion Terms and Conditions

“New” ISAs offer


1. This offer, and the below terms and conditions, only apply to customers who open a Freetrade ISA on or after 23 September 2021.

2. A free share will only be gifted to you if meet the below criteria:
a. Open a Freetrade ISA between 23 September and 30 November 2021, including adding your payment card details for the monthly ISA subscription charge, and
b. Contribute to your Freetrade ISA and/or initiate an ISA transfer before 30 November 2021.

3. The value of the gifted free share will be based on the total amount you deposit into your ISA within 14 days of opening it.

4. If you complete an ISA transfer, the value of the gifted free share will be based on the amount (cash and positions) deposited to your ISA once the transfer is completed or at the time of awarding (whichever is higher).

5. The exact gifted free share will be awarded at Freetrade’s discretion, and it may not be an example free share featured in the above promotional table.

6. If you close your Freetrade ISA, transfer to another provider or withdraw all your cash and positions within one year of opening the account, you will forfeit your free share or the amount equal to the value of the free share at the time of awarding.

7. Employees and contractors of Freetrade are not eligible for this offer.

8. The offer is only available if you are eligible and accepted as a Freetrade customer. This applies to UK tax residents only, and unfortunately excludes US nationals or dual US nationals who reside in the UK. We reserve the right to refuse to onboard an applicant customer.

9. Neither receiving a share through this promotion nor any mentions of particular securities in our communications as part of this promotion represents a recommendation to buy, sell, or hold any particular security.

10. To be granted a free share as part of this promotion, you must complete your W-8BEN form.

11. Your free share will be awarded into your General Investment Account (GIA).

12. Receiving a free share may have tax implications. Freetrade does not take any responsibility for tax related to this stock award.

13. Freetrade retains full discretion to determine whether a customer has fulfilled all of the requirements to participate in this offer and can withdraw, remove or vary the free share offer at any time for any customer.

14. Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice.

15. Freetrade reserves the right to amend or withdraw this offer at any time.


Important information

Eligibility to invest into an ISA and the value of tax savings depends on personal circumstances and all tax rules may change.

Before making your decision to transfer an ISA to Freetrade, please read our page on
transferring, which explains the options available and gives you the important information you need to know

“Existing” ISAs offer


1. This offer, and the below terms and conditions, only apply to customers who opened a Freetrade ISA before 23 September 2021.

2. A free share will only be gifted to you if meet the below criteria:
a. Contribute at least £5,000 to your Freetrade ISA between 23 September and 30 November 2021, or
b. Initiate an ISA transfer (valued at a minimum of £5,000) before 30 November 2021 and complete it before 31 January 2022.

3. The value of the gifted free share will be based on the total amount you deposit into your ISA as of 1 December 2021.

4. If you complete an ISA transfer, the value of the gifted free share will be based on the amount (cash and positions) deposited to your ISA once the transfer is completed or at the time of awarding (whichever is higher).

5. The exact gifted free share will be awarded at Freetrade’s discretion, and it may not be an example free share featured in the above promotional table.

6. If you close your Freetrade ISA, transfer to another provider or withdraw all your cash and positions within one year of opening the account, you will forfeit your free share or the amount equal to the value of the free share at the time of awarding.

7. Employees and contractors of Freetrade are not eligible for this offer.

8. The offer is only available if you are eligible and accepted as a Freetrade customer. This applies to UK tax residents only, and unfortunately excludes US nationals or dual US nationals who reside in the UK. We reserve the right to refuse to onboard an applicant customer.

9. Neither receiving a share through this promotion nor any mentions of particular securities in our communications as part of this promotion represents a recommendation to buy, sell, or hold any particular security.

10. To be granted a free share as part of this promotion, you must complete your W-8BEN form.

11. Your free share will be awarded into your General Investment Account (GIA).

12. Receiving a free share may have tax implications. Freetrade does not take any responsibility for tax related to this stock award.

13. Freetrade retains full discretion to determine whether a customer has fulfilled all of the requirements to participate in this offer and can withdraw, remove or vary the free share offer at any time for any customer.

14. Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice.

15. Freetrade reserves the right to amend or withdraw this offer at any time.


Important information

Eligibility to invest into an ISA and the value of tax savings depends on personal circumstances and all tax rules may change.

Before making your decision to transfer an ISA to Freetrade, please read our page on
transferring, which explains the options available and gives you the important information you need to know

Taxes

The entire value of the share when sold may be subject to capital gains tax. You can check the value of each share when issued and/or sold on your portfolio screen.

Tax depends on your personal circumstances and if you are unsure about any tax implications, seek advice from a tax professional. Tax rules for ISAs can change and their benefits depend on your circumstances.

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
⭐⭐⭐⭐⭐

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