Freetrade fees explained

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Overview of Freetrade fees and charges

When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.

If fees are your top concern, Freetrade is a good choice, as it has low fees in general. Check our toplist for cheaper brokers.

I found Freetrade's trading fees fairly low

Tamás Gyuriczki

CFD • Options Trading • Market Analysis

I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how Freetrade fared:

Freetrade charges low fees for trading stocks and ETFs.
There is no inactivity fee even if you leave your account idle for a long time.
The basic withdrawal fee is $0, but some transactions may cost more.
Read our full review of Freetrade for info on safety, trading platforms and funding.

Freetrade fees at a glance
Assets	Fee level	Fee terms
US stock fee	Low	Commission-free
EURUSD fee	-	FX not available
US tech fund fee	-	Not available
Inactivity fee	Low	No inactivity fee

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Commission-free stock and ETF trading

However, you need to choose the Freetrade Standard (or Freetrade Plus) account if you want to invest in non-UK stocks. This account has a monthly fee of £5.99 (Plus has a monthly fee of £11.99).

Freetrade stock and ETF fees by market
	Freetrade Freetrade	Trading 212 Trading 212	eToro eToro
UK stock fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$0.0 Zero commission	$0.0 Commission-free	$0.0 Free stock and ETF trading, except for clients in Australia, Denmark, Finland, the Netherlands, Norway, Spain, and Sweden, where a $1-2 commission per trade applies for stocks
US stock Estimated commission of a $2,000 trade, assuming a $50 stock price	$0.0 Commission-free	$0.0 Commission-free	$0.0 Free stock and ETF trading, except for clients in Australia, Denmark, Finland, the Netherlands, Norway, Spain, and Sweden, where a $1-2 commission per trade applies for stocks
German stock Estimated commission of a $2,000 trade	$0.0 Zero commission	$0.0 Commission-free	$0.0 Free stock and ETF trading, except for clients in Australia, Denmark, Finland, the Netherlands, Norway, Spain, and Sweden, where a $1-2 commission per trade applies for stocks

New

Stock Fee Calculator

Confused about fees? Use this tool to see what the commission fee of a specific stock trade would be at Freetrade. To check and compare fees at other brokers, go to our main Fee calculator page.

Before doing so, check out our Privacy Policy and our General Terms and Conditions.

No inactivity fee, no withdrawal fee

It doesn't charge an inactivity fee. On the other hand, you should consider the following fees:

The currency conversion fee is the FX spot rate +/- 0.45%. Freetrade offers only GBP as a base currency, so a currency conversion fee is charged when you trade stocks/ETFs denominated in other currencies, e.g. USD or EUR.
There is no fee for the Freetrade Basic account. Freetrade Standard and Freetrade Plus have monthly fees of £5.99 and £11.99, respectively. Compare the different accounts.
There is a withdrawal fee (of £5) only for same-day withdrawal.

Freetrade inactivity, withdrawal and other fees
Broker	Inactivity fee	Withdrawal fee
Freetrade		$0
Trading 212		$0
eToro		$5

Interest earned on uninvested cash

As of the time of the review, Freetrade provides the following interest rates on uninvested cash:

5.0% on GBP for Freetrade Plus accounts

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.