Stocks & shares ISA charges
Freetrade’s stocks and shares ISA is simple.
Invest commission-free in shares, ETFs, investment trusts and more, all for a low monthly fee.
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.
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How much will a Freetrade stocks
and shares ISA cost?
You can get a stocks and shares ISA as part of our Standard plan for £5.99 per month, or Plus plan for £11.99 per month.
Transfers may be subject to restrictions, take a look at our ISA transfer rules for more information.
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How much can I invest in a stocks and shares ISA?
Each tax year the UK government sets an ISA allowance. It’s the total amount of money you can put into ISAs each year.
The ISA allowance for the 2023/24 tax year (which ends on 5th April 2024) is £20,000.
Compare stocks and shares ISA charges
Simple plans with low monthly fees. So your your ISA can grow without your fees growing too.
Comparisons to other stocks and shares ISA providers are based on published costs on their websites as of 5 July 2022, for a portfolio size of £5,000 and trades on shares and ETFs within a stocks and shares ISA.
Comparison Disclosure ⓘ
Hargreaves Lansdown:
ISA charges 0.45% of the value of shares in your account, capped at £45/year. 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. FX fee reduces to 0.75% after the first trade of £5,000, 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 £5.99 per trade. FX fee reduces on a tiered scale. Trades between £25,000 - £49,999 are 1.25%, £50,000 - £99,999.99 are 1%, £100,000 - £599,999 are 0.5%, and £600,000 - £999,999.99 are 0.25%.
AJ Bell:
ISA charges 0.25% of the value of the shares in your account, max £3.50 per month. Each trade of shares and ETFs is £9.95. Fee per trade reduces to £4.95 when 10 or more trades done in the previous month. FX fee reduces on a tiered scale, based on transaction value: for the first £10,000 is 0.75%, £10,001 - £20,000 is 0.50%, and 0.25% for over £20,000.
ISA fees calculator
Use our calculator to compare Freetrade’s charges against other investment ISA providers.
Open investment ISA
Make your savings work harder. Download the app and open your ISA account in minutes.
Transfer ISA
Grow your savings, not your fees. Find out how to transfer your ISA by following the link below.
Stocks and shares ISA charges FAQ
How do I pay for my ISA?
Your stocks and shares ISA comes as part of the Standard plan for £5.99 per month, or Plus plan for £11.99 per month. You’ll be charged on the day of the month you sign up for a plan and that same day each month after.
Are there any fees to transfer my ISA to Freetrade?
No, we don’t charge you anything for transferring your stocks and shares ISAto Freetrade. However, your current provider may charge, so please check directly with them.
Are there fees for transferring away from Freetrade?
If you decide to leave Freetrade, you can transfer out UK or US securities as cash or stock. At the moment, to transfer any non-UK or non-US securities away from Freetrade, you will have to sell them first and transfer the amount as cash. When you transfer as cash you’ll be out of the market, so you may miss out on the ups and downs during your transfer.
Stocks can only be transferred as whole shares. If you wish to transfer a fraction of a share, you will have to sell it first and transfer the amount as cash.
There is no fee to transfer out UK securities or cash. Transferring out US securities will incur a cost of £17 per holding. We charge this amount to cover the fee our service provider charges us.
Your new provider may not be able to accept transfers of all securities you hold with Freetrade. It’s worth checking if they can support your stocks before you start your transfer.
Your future broker can send an electronic transfer request to us at: transfers@freetrade.io.
What happens to my ISA if I cancel my Standard / Plus plan?
In order to cancel your Plus/Standard plan, you’ll have to close or transfer out your ISA first.
Can I have more than one ISA?
You can have more than one ISA. Which means you could have a cash ISA and a stocks and shares ISA at the same time. You could also have a few stocks and shares ISAs that you have built up over the years with different providers.
There is a catch though, each tax year you can only open or top up one of each type of ISA account.
So for example, you can top up one stocks and shares ISA and one Cash ISA in the same tax year. But you can’t top up two stocks and shares ISAs in the same tax year.
For more information, take a look at our guide to stocks and shares ISAs.
Simple pricing plans
Choose how you'd like to pay:
Annually
Save 17%
Monthly
Annually
Save 17%
Monthly
Accounts
Benefits
- Commission-free trades (other charges may apply. See full pricing table.)
- Trade USD & EUR stocks at the exchange rate + a 0.99% FX fee
- Fractional US Shares
- Access to more than 1,500 stocks, including the most popular shares and ETFs
£59.88 billed annually
Billed monthly
Accounts
Benefits
Everything in Basic, plus:
- Full range of over 6,000 US, UK and EU stocks and ETFs
- Trade USD & EUR stocks at the exchange rate + a 0.59% FX fee
- Automated order types
- Advanced stock fundamentals
- 1% on uninvested cash, up to a maximum of £2,000
£119.88 billed annually
Billed monthly
Accounts
Benefits
Everything in Standard, plus:
- 3% on uninvested cash, up to a maximum of £4,000
- Trade USD & EUR stocks at the exchange rate + a 0.39% FX fee
- Priority customer service
- Freetrade Web beta
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