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Mutual funds at Freetrade

Your expert
Fact checked by
Updated
Jun 2024
Personally tested
Data-driven
Independent

How mutual funds can help you lower risk

My key findings in a nutshell
Tamás
Tamás Gyuriczki
Investments • Stock Market • Market Analysis

I've thoroughly tested Freetrade services with our analyst team by opening a real-money account and these are my most important findings:

  • Risk management is an important aspect of trading and investing
  • Mutual funds pick assets using a strict risk management policy, shielding you from risk
  • Mutual funds are not available at Freetrade

Are you worried that you'll pick the wrong stocks and put yourself at risk of losing money? Just do what you would do in other walks of life - leave it to a professional! In this case, consider investing in a mutual fund, where experienced fund managers invest in stocks and other assets while making sure your potential losses remain within limits.

How do mutual funds manage risk? First of all, they have a risk management policy that is strictly followed and communicated. For example, European mutual funds must be classified into one of seven riskiness categories (with 1 being the lowest and 7 being the highest risk) and publish this information via their so-called Key Investor Information Documents.

More importantly, each of these funds are actively managed by a fund manager; an actual person who continuously hand-picks assets for the fund - supported by a team of expert traders and analysts of course - to achieve the right risk-reward mix. This expertise doesn't come free, so make sure you buy mutual funds at brokers that don't charge too much in additional fees. Does Freetrade offer the right selection of funds at reasonable cost? Read on to find out.

To find out more, read our in-depth guide to risk management, where we discuss various types of risks, as well as popular broker tools to handle them.

Overall score
4.4/5
Minimum deposit
$0
Stock fee
Low
Inactivity fee
no
Account opening
1 day

Can you buy mutual funds at Freetrade?

No, mutual funds are not available at Freetrade.

However, if you are searching for a good broker that offers mutual funds, check out our best brokers for funds list.

Is it worth buying mutual funds at Freetrade?

Mutual funds are not available at Freetrade.
Freetrade main highlights
💰 Freetrade withdrawal fee $0
💰 Freetrade minimum deposit $0
💰 Freetrade inactivity fee No
📃 Freetrade deposit methods Bank transfer, Credit/debit cards, Apple Pay, Google Pay
🗺️ Country of regulation UK, Sweden
🎮 Freetrade demo account provided No

Data updated on June 17, 2024

At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.

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Further reading

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.

author
Tamás Gyuriczki
Author of this article
As a financial expert with BrokerChooser, I play an integral role in the analyst team by actively reviewing many of the 100+ brokers that are listed on our site. I personally open accounts with real money, execute trades, test customer services. My hope is that my first-hand experience with these brokers, incorporated in our reviews, helps users find the most suitable broker for their needs.
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