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Holding your shares in an ISA will require an upgrade to a subscription plan at a cost of either £4.99 or £9.99 per month. There is nothing to pay for a basic trading account other than stamp duty and fund charges for ETFs. You can purchase shares in companies listed in the UK, Europe and the US as well as exchange-traded funds (ETFs). You can build up your own portfolio from just £2 and there are no fees for buying or selling and trades are instant. In contrast, Freetrade is solely focused on shares. This is mainly because providers such as Hargreaves Lansdown, AJ Bell and Interactive Investor have a stronger focus on funds. Share trading can be pricey on traditional DIY investment platforms. New users that sign up to a Freetrade basic account via Money to the Masses can receive a FREE SHARE worth between £3 and £200* (capital at risk) How does Freetrade work? Freetrade free share offer Freetrade basic account – Free share worth up to £200 Many have contributed to crowdfunding rounds that have raised more than £10m and the platform has also benefited from a $7.5m Series A investment from one of Europe’s top tech-focused VC funds, Draper Esprit. The platform’s unique selling point is that its app lets users buy and trade real shares with zero commissions or fees via their smartphone.įreetrade has attracted a loyal following of more than 1,000,000 registered users. It was founded by Adam Dodds and Davide Fioranelli, both of whom previously worked in corporate finance for KPMG. You can even hold your shares in an ISA so any interest and dividends are tax-free. There are none of the fancy calculators, guides or research on offer such as those provided by investing stalwarts such as Hargreaves Lansdown and AJ Bell, but what you do get is a low-cost share trading account that allows you build up a portfolio starting from just £2, solely through a smartphone app. Freetrade launched in 2018 with the simple aim of making stock trading and stock ownership accessible and affordable.

Trade stops magic calculator telephone number