UK commission-free investing platform offering stocks, ETFs, and investment trusts through a mobile-first experience.
Freetrade has a great platform with lots of features. However, the fee structure can be confusing and small trades can be expensive relative to the investment amount. For larger portfolios it makes more sense. Customer service is decent but not outstanding. Worth considering if you trade frequently.
Pros: Powerful platform, lots of features
Cons: Fees confusing and expensive for small trades
I've been using Freetrade for six months. It works for basic stock and ETF investing. The app is okay, execution is fine. Nothing has gone wrong but nothing has particularly impressed me either. Fees are middle of the road. If you're looking for something that just works, it's adequate.
Pros: Does the basics well
Cons: Nothing stands out, average in every way