Is ISA available at Freetrade?
Yes, Freetrade provides stocks and shares tax-advantaged ISA accounts for UK tax residents!
Why go over Freetrade to check out a tax-advantaged account?
Overall:
- ISAs may be a viable alternative to fight inflation - anything else than keeping your money under the pillow might be a good alternative.
- Freetrade and its peers are regulated by at least one top-tier regulator, like the Financial Conduct Authority (FCA), which is a good sign for safety.
- This means, you'll be eligible to financial compensation schemes, if the broker goes bust.
Top 5 brokers
Get your personalized toplist:
Does Freetrade provide stocks and shares ISA?
What to expect at Freetrade?
First, let's go over the user experience perspective. Here's a quick rundown on how good the mobile experience at Freetrade is compared to its competitors.
| Freetrade | Trading 212 | eToro | |
|---|---|---|---|
| Mobile platform score | 4.7 stars | 4.9 stars | 4.9 stars |
With an ISA, you'll be able to invest in certain trading products tax-free. Trading fees for these assets at Freetrade are:
- for stocks and ETFs: Low
- for mutual funds: -
- for bonds: -
And now let's see the exact trading costs of each asset that can be used in your stocks and shares ISA at Freetrade:
| Assets | Freetrade |
|---|---|
| UK stock & ETF fees (per $2k investment) | $0.0 |
| US stock & ETF fees (per $2k investment) | $0.0 |
| Mutual fund fees (per $2k investment) | - |
| EU government bonds (per $2k investment) | - |
| US government bonds (per $2k investment) | - |
Apart from trading-fees, let's check if there are any other fees, like inactivity fees, that are charged even if you are not trading:
- Inactivity fees? No - No inactivity fee
| Assets | Freetrade |
|---|---|
| Stocks and shares ISA | Yes |
| Cash ISA | No |
| Lifetime ISA | No |
| Innovative Finance ISA | No |
| SIPP (Self-Invested Personal Pension Account) | Yes |
If you're not sure what ISA means, head to our ISA article hub first.
If you're interested in the best stocks and shares ISA brokers, read our top list.
Comments