Freetrade is a UK-based financial technology company that provides a mobile-first investment platform aimed at making trading simple and accessible to everyone. It offers users the ability to buy and sell stocks, shares, and exchange-traded funds (ETFs) without paying any commission. Established to democratize investing and disrupt traditional brokerage services, the app promotes a user-friendly interface that allows individuals to invest in the stock market without the complexity and high fees often associated with investing.
Key features of Freetrade include a sleek and intuitive app experience, real-time trades, fractional share trading, and transparency about pricing. Users can start with a small amount of money and invest in a wide range of UK and US stocks. Freetrade operates under the Financial Conduct Authority (FCA) regulations, ensuring a high level of consumer protection. The platform offers various account types, including General Investment Accounts (GIAs), Stocks & Shares ISAs, and Self-Invested Personal Pensions (SIPPs), catering to a range of investment needs.
In addition to its commission-free trading model, Freetrade offers premium subscription tiers, such as Freetrade Plus, which provides additional features like enhanced stock screening tools, curate stock collections, and a wider selection of stocks and ETFs. The company has a community-driven approach, engaging with users through forums and social media, and occasionally allowing its customer base to invest in Freetrade itself through crowdfunding rounds, aligning with its mission to democratize finance.
