.avif)
The value of your investments can go down as well as up, and you may get back less than you invest. Other charges may apply. ISA rules apply. Tax treatment depends on personal circumstances and current rules may change.
Costs are based on those published costs on the other providers’ websites as of 24 March 2026. They are shown for illustrative purposes only. For confirmation of their up-to-date charges and product information, you should visit their websites.
Calculations exclude interest on customer cash and do not include investment growth or tax relief. Annual percentage based charges and monthly fixed account fees are applied after UK and US trading fees and FX fees.
Freetrade: There are no commission charges per trade and no subscription fee on the Basic plan, which gives you access to a Stocks and Shares ISA, Self-Invested Personal Pension (SIPP), and General Investment Account (GIA). FX fees are 0.99% on Basic, reduced to 0.59% on Standard and 0.39% on Plus.
Hargreaves Lansdown: Subscription fee is based on the annual 0.35% charge on the value of shares held in an ISA account. This is capped at £12.50/mo. Fee per trade reduces, depending on the number of trades executed in the previous month, from £6.95 for up to 19 trades to £3.95 for 20 or more trades. The FX rate is tiered by transaction value: 0.99% for the first £10,000, 0.50% for £10,001–£24,999.99, and 0.20% for £25,000 or more.
Interactive Investor: Subscription fee is based on the Core plan at £5.99/mo, which allows for a maximum portfolio size of £100,000. For portfolios above this, customers are switched to the Plus plan, which costs £14.99/mo. The FX rate varies by plan: 0.75% on Core, 0.75% on the first £50,000 and 0.25% for over £50,000 on the Plus plan, 0.25% on the Premium plan.
AJ Bell: Subscription fee is based on the annual 0.25% charge on the value of shares held in an ISA account. This is capped at £3.50/mo. Fee per trade reduces, depending on the number of trades executed in the previous month, from £5.00 for up to 9 trades to £3.50 for 10 or more trades. The FX rate is tiered by transaction value: 0.75% for up to £10,000, 0.50% for £10,001–£20,000, and 0.25% for above £20,000.
Costs are based on those published costs on the other providers’ websites as of 24 March 2026. They are shown for illustrative purposes only. For confirmation of their up-to-date charges and product information, you should visit their websites. Calculations exclude interest on customer cash and do not include investment growth or tax relief. Annual percentage based charges and monthly fixed account fees are applied after UK and US trading fees and FX fees.
Calculations exclude interest on customer cash and do not include investment growth or tax relief. Annual percentage based charges and monthly fixed account fees are applied after UK and US trading fees and FX fees.
Freetrade: There are no commission charges per trade and no subscription fee on the Basic plan, which gives you access to a Stocks and Shares ISA, Self-Invested Personal Pension (SIPP), and General Investment Account (GIA). FX fees are 0.99% on Basic, reduced to 0.59% on Standard and 0.39% on Plus.
Hargreaves Lansdown: Subscription fee is based on the annual 0.35% charge on the value of shares held in an ISA account. This is capped at £12.50/mo. Fee per trade reduces, depending on the number of trades executed in the previous month, from £6.95 for up to 19 trades to £3.95 for 20 or more trades. The FX rate is tiered by transaction value: 0.99% for the first £10,000, 0.50% for £10,001–£24,999.99, and 0.20% for £25,000 or more.
Interactive Investor: Subscription fee is based on the Core plan at £5.99/mo, which allows for a maximum portfolio size of £100,000. For portfolios above this, customers are switched to the Plus plan, which costs £14.99/mo. The FX rate varies by plan: 0.75% on Core, 0.75% on the first £50,000 and 0.25% for over £50,000 on the Plus plan, 0.25% on the Premium plan.
AJ Bell: Subscription fee is based on the annual 0.25% charge on the value of shares held in an ISA account. This is capped at £3.50/mo. Fee per trade reduces, depending on the number of trades executed in the previous month, from £5.00 for up to 9 trades to £3.50 for 10 or more trades. The FX rate is tiered by transaction value: 0.75% for up to £10,000, 0.50% for £10,001–£20,000, and 0.25% for above £20,000.
Costs are based on those published costs on the other providers’ websites as of 24 March 2026. They are shown for illustrative purposes only. For confirmation of their up-to-date charges and product information, you should visit their websites.
Calculations exclude interest on customer cash and do not include investment growth or tax relief. Annual percentage based charges and monthly fixed account fees are applied after UK and US trading fees and FX fees.
Freetrade: There are no commission charges per trade and no subscription fee on the Basic plan, which gives you access to a Stocks and Shares ISA, Self-Invested Personal Pension (SIPP), and General Investment Account (GIA). FX fees are 0.99% on Basic, reduced to 0.59% on Standard and 0.39% on Plus.
Hargreaves Lansdown: Subscription fee is based on the annual 0.35% charge on the value of shares held in an ISA account. This is capped at £12.50/mo. Fee per trade reduces, depending on the number of trades executed in the previous month, from £6.95 for up to 19 trades to £3.95 for 20 or more trades. The FX rate is tiered by transaction value: 0.99% for the first £10,000, 0.50% for £10,001–£24,999.99, and 0.20% for £25,000 or more.
Interactive Investor: Subscription fee is based on the Plus plan at £14.99 per month, as the portfolio exceeds £100,000 after the first monthly contribution. The Plus plan includes one free trade credit per month, worth £3.99, which has been applied to UK trading in this calculation. The FX rate varies by plan: 0.75% on Core, 0.75% on the first £50,000 and 0.25% for over £50,000 on the Plus plan, 0.25% on the Premium plan.
AJ Bell: Subscription fee is based on the annual 0.25% charge on the value of shares held in an ISA account. This is capped at £3.50/mo. Fee per trade reduces, depending on the number of trades executed in the previous month, from £5.00 for up to 9 trades to £3.50 for 10 or more trades. The FX rate is tiered by transaction value: 0.75% for up to £10,000, 0.50% for £10,001–£20,000, and 0.25% for above £20,000.
Costs are based on those published costs on the other providers’ websites as of 24 March 2026. They are shown for illustrative purposes only. For confirmation of their up-to-date charges and product information, you should visit their websites.
Calculations exclude interest on customer cash and do not include investment growth or tax relief. Annual percentage based charges and monthly fixed account fees are applied after UK and US trading fees and FX fees.
Freetrade: There are no commission charges per trade and no subscription fee on the Basic plan, which gives you access to a Stocks and Shares ISA, Self-Invested Personal Pension (SIPP), and General Investment Account (GIA). FX fees are 0.99% on Basic, reduced to 0.59% on Standard and 0.39% on Plus.
Hargreaves Lansdown: There is a 0.35% charge on the value of shares held in the share dealing account, ISA and SIPP, capped at £12.50/mo for the all three accounts. Fee per trade reduces, depending on the number of trades executed in the previous month, from £6.95 for up to 19 trades to £3.95 for 20 or more trades. The FX rate is tiered by transaction value: 0.99% for the first £10,000, 0.50% for £10,001–£24,999.99, and 0.20% for £25,000 or more. The illustration assumes £6.95 trade per fee and 0.99% FX fee.
Interactive Investor: Subscription fee is based on the Plus plan at £14.99 per month, as the portfolio exceeds £100,000. ii platform fee is per customer and we have allocated to GIA for modelling. The Plus plan includes one free trade credit per month, worth £3.99, which has been applied to UK trading in the GIA account in this calculation. Standard trading fees are £3.99 per trade on Core and Plus plans for UK and US shares and ETFs, reduced to £2.99 on the Premium plan. FX fees vary by plan, with 0.75% on Core, 0.75% on the first £50,000 and 0.25% above £50,000 on Plus, and 0.25% on Premium.
AJ Bell: Subscription fee is based on the annual 0.25% charge on the value of shares held in an ISA account. This is capped at £3.50/mo. Fee per trade reduces, depending on the number of trades executed in the previous month, from £5.00 for up to 9 trades to £3.50 for 10 or more trades. The FX rate is tiered by transaction value: 0.75% for up to £10,000, 0.50% for £10,001–£20,000, and 0.25% for above £20,000.
.png)
An ISA, or Individual Savings Account, is a tax-efficient savings or investment account that lets you invest in a wide range of stocks, ETFs, UK Treasury bills, and more.
This type of account is known as a "tax wrapper". This means that your cash and investments inside the account are exempt from UK income, capital gains, and UK dividend tax.
You can put up to £20,000 into a single, or across multiple, ISAs each tax year.
Learn more about ISAs and how they work with our stocks and shares ISA guide.
You can have as many ISAs as you’d like.
Just remember that you can only put £20,000 into your ISAs each tax year. For example, if you put £5,000 into a cash ISA, you can only put a further £15,000 into your stocks and shares ISA. Your 2025/26 allowance will reset on 6 April 2026, when you can put another £20,000 into your ISAs for the 2025/26 tax year.
Understand how to make the most of your various ISAs with our guide on how many ISAs you can have.
Your annual ISA allowance for the 2025/26 tax year is £20,000. The current tax year runs from 6 April 2025 to 5 April 2026.
This means you can put up to a total of £20,000 into one or more ISAs, and you would be exempt from paying tax on capital gains, UK dividends, and interest generated in your ISA.
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.
To find out more on how to use your yearly allowance efficiently, check our guide on your ISA allowance.
Unlike a lot of other providers, the Freetrade ISA is flexible. This means you can withdraw and replace money during the tax year without impacting your annual allowance.
Flexible ISAs give you the added benefit of being able to access your savings and investments as and when you need, without having to forgo all or part of your annual £20,000 allowance.
Learn more about flexible ISAs.
You’ll need to be 18 years of age or over and a UK resident to open an investment ISA. You can’t open a stocks and shares ISA for someone else.
There is no minimum amount required to open a Freetrade ISA.
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.
Some people prefer to keep all their ISAs in one place to reduce any fees they pay, and to see their investments in one place.
We don’t charge any fees to transfer your ISAs to Freetrade. Just watch out for any transfer out fees that your current provider might apply.
No, you can’t transfer stocks you already hold in a General Investment Account (GIA) into a stocks and shares ISA.
To get the tax benefits that come with an ISA, you have to deposit money into an ISA, and then invest it. Anyone who holds investments in a GIA will have to carry out bed and ISA transactions if they want to move them into a stocks and shares ISA.
The simple answer is yes!
Investment ISA, share dealing ISA, and trading ISA are just other names for a stocks and shares ISA.
All four investment accounts offer a tax-efficient home for your investments. Tax rules for ISA accounts can change and their benefits depend on your circumstances.
You can invest in a wide range of instruments, including stocks and shares, ETFs, investment trusts, REITs, and UK Treasury bills.
Stocks and shares ISA
Junior stocks and shares ISA
Pension (SIPP)
General investment account
Commission-free investing in Freetrade’s full universe of stocks, ETFs, and investment trusts
FX fee of 0.99% on non-GBP trades
1% AER on up to £1k uninvested cash
Mutual funds and gilts
Stocks and shares ISA
Junior stocks and shares ISA
Pension (SIPP)
General investment account
Commission-free investing in Freetrade’s full universe of stocks, ETFs, and investment trusts
FX fee of 0.59% on non-GBP trades
2.5% AER on up to £2k uninvested cash
Mutual funds and gilts
Stocks and shares ISA
Junior stocks and shares ISA
Pension (SIPP)
General investment account
Commission-free investing in Freetrade’s full universe of stocks, ETFs, and investment trusts
FX fee of 0.39% on non-GBP trades
3.5% AER on up to £3k uninvested cash
Mutual funds and gilts
Stocks and shares ISA
Junior stocks and shares ISA
Pension (SIPP)
General investment account
Commission-free investing in Freetrade’s full universe of stocks, ETFs, and investment trusts
FX fee of 0.99% on non-GBP trades
1% AER on up to £1k uninvested cash
Mutual funds and gilts
Stocks and shares ISA
Junior stocks and shares ISA
Pension (SIPP)
General investment account
Commission-free investing in Freetrade’s full universe of stocks, ETFs, and investment trusts
FX fee of 0.59% on non-GBP trades
2.5% AER on up to £2k uninvested cash
Mutual funds and gilts
Stocks and shares ISA
Junior stocks and shares ISA
Pension (SIPP)
General investment account
Commission-free investing in Freetrade’s full universe of stocks, ETFs, and investment trusts
FX fee of 0.39% on non-GBP trades
3.5% AER on up to £3k uninvested cash
Mutual funds and gilts
