Overview

Freetrade’s Stocks & Shares ISA is a tax-efficient, flexible investment account aimed at retail investors who want to invest in equities, ETFs and investment trusts without account fees. The ISA lets users shelter investment gains from UK capital gains tax and UK dividend tax while managing their portfolio via Freetrade’s mobile and web apps. The account supports transfers from existing ISAs and offers tiered subscription plans that add features such as advanced analytics, higher cash interest rates and lower FX fees.

Features and Capabilities

• Account Type & Tax Benefits: A Stocks & Shares ISA — tax-efficient: no UK capital gains tax and no UK dividend income tax on investments held within the ISA.
• Flexibility: Flexible ISA rules supported — you can withdraw and replace money during the tax year without losing your allowance.
• Investment Universe: Access to thousands of stocks, ETFs and investment trusts (the platform advertises a wide universe covering UK, US and European listings).
• Fees & Pricing Tiers: Basic plan includes a free ISA with no account fee; paid tiers (Standard / Plus) add features (advanced stock fundamentals, higher cash AER, mutual funds) and reduced FX fees.
• Commission Model: Commission-free trades on supported instruments under advertised plans (note: other charges may still apply, e.g., FX fees on non-GBP trades).
• FX & Cash Interest: Tiered FX fees depending on plan; promotional AER on uninvested cash is offered for certain plans.
• Transfers & Onboarding: You can open an ISA with Freetrade and transfer existing ISA pots into it (provider-to-provider transfers supported).
• Platform UX: Mobile-first experience (iOS/Android and web) with portfolio views, basic order types and educational content.
• Regulatory / Risk Note: Capital is at risk; ISAs are subject to UK ISA rules and platform terms — users should check eligibility and tax treatment for their specific holdings (e.g., fractional share treatment in ISAs has been an area of regulatory attention historically).