Beginners query

Hi, I am about to start using Freetrade. Have few questions as a beginner:-

  1. Where can I get the list of all stocks/shares/funds available to ONLY the normal account? I got a list but could not figure out which ones are for PLUS and which ones are for normal account
  2. If I just create a Freetrade account and don’t do any transactions or fund my account, even then my monthly charges will start the moment I activate the account?
  3. If I open the account with referral link, will the free share credited to ISA, if I only open the ISA account, nothing else.
    Any advice on the above queries will help.
  1. There is a list on the website, if that helps. There is also a spreadsheet flying about, I’ll link it if I find it and it is up to date. Full list of US & UK stocks and ETFs to invest in | Freetrade

EDIT: FOUND IT! Freetrade Investment Universe - Google Sheets

  1. If you open an ISA or get a PLUS account then you’ll be charged even if account is not funded. You won’t be charged anything for the GIA.

  2. I believe free shares are only added to the GIA, due to ISA deposit limits. I think you get a GIA for that. You can then sell the free share and move the money to the ISA if you want it there.

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Thank you so much David for your quick reply. Much appreciated.
Does it mean I can open the GIA and transfer some fund there. and later on I can open ISA account? Charges will be applicable when I open the ISA account. Is this assumption correct?
As you suggested, if I sell the free share and move the money to ISA, do I have to declare that to the Govt through Self Assessment? Suppose the person don’t do self-assessment and only do the ISA within permitted limits.

Yes, I do think that opening the GIA and trying Freetrade out first is beneficial before you open an ISA. Then you can open the ISA at any point. I think the ISA is very good before you start investing seriously, imo and not financial advice though.

You don’t need to declare the free share, it is just a gift and not capital gain.

Thank you once again for clarifying my questions.

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