Stocks & shares ISA charges

Freetrade’s stocks and shares ISA is simple.

Invest commission-free in shares, ETFs, investment trusts and more for £3/month*. 

When you invest, your capital is at risk. Tax rules for ISAs can change and their benefits depend on your circumstances.

*Or £0/month for Freetrade Plus members. Other charges may apply. See our full pricing table.

Stocks and shares ISA - Open account

How much will a Freetrade stocks
and shares ISA cost?

Charges

ISA account

Plus members

ISA monthly fee £3 £0 + Plus subscription
Share dealing charges Free Free
Overseas share dealing charges Spot rate + 0.45% Spot rate + 0.45%
Transfer in Free Free
Transfer out Free Free
Government charges that can apply to your ISA:
UK stamp duty
Paid when you buy some UK stocks
0.5% 0.5%
Annual ISA allowance 2021/22

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 2021/22 tax year (which ends on 5th April 2022) is £20,000.

Compare stocks and shares ISA charges

The Freetrade stocks and shares ISA has a flat monthly fee, rather than charging you a percentage fee that grows with your investments.

This way you can focus on growing your savings, not your fees.

Free
Trades
£3/mo
ISA account fee
Yes
Fractional shares
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

Disclaimer: Comparisons to other providers are based on published costs on their websites as of 24 August 2021, 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 £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 £3.50 per month. 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 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 values over £30,000.

Open a sipp

ISA fees calculator

Use our calculator to compare Freetrade’s charges against other investment ISA providers.

Open a sipp

Open investment ISA

Make your savings work harder. Download the app and open your ISA account in minutes.

Transfer SIPP

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?

Once you’ve opened your ISA and set up your debit card details, your £3 monthly ISA subscription will be taken from your bank account on the 1st of each month. If you are a Freetrade Plus member, your ISA is free.

What happens if I sign up for an ISA part-way through the month?

Your first £3 subscription payment will be charged on the 1st of the following month.

Are there any fees to transfer my ISA to Freetrade?

No, we don’t charge you anything for transferring your stocks and shares ISA to Freetrade. However, your current provider may charge, so please check directly with them.

What happens to my ISA if I cancel my Plus membership?

If you cancel your Plus subscription, your monthly ISA payment will continue at £3 per month as long as you have an open ISA.
Unfunded ISAs will still be subject to the monthly fee. If you’d like to close your ISA, head to your profile area in-app and ‘Manage my ISA’.

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.

Learn more about ISAs

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