Over the next few months, we’re making some changes to our pricing plans and introducing annual subscriptions.
Hop over to our blog post for a bit more information or ask your questions below and one of the team will be able to help out.
You can see our new prices, as well as when they come into effect, below:
*Applies to US and European-traded stocks. The FX fee is charged on top of the exchange rate.
For comparison, you can see our current pricing here.
Can I pay annually?
For the Standard plan, this means you can pay £59.88 for the whole year. This works out to £4.99 per month, a saving of 17% on the new monthly price of £5.99.
Similarly, for the Plus plan, you can pay £119.88 for the year. This works out to £9.99 per month, also a saving of 17% on the new monthly price of £11.99.
Stay tuned for further details.
How does this compare to other providers?
The table below shows different examples of your monthly fees with Freetrade compared to other providers.
It assumes you make two US or European trades a month, and shows your monthly fees based on the total value of those trades, depending on your subscription plan. For instance, if you buy two US stocks, each worth £50 (for a total of £100 for the month) - this would cost you £6.58 with the Freetrade Standard plan vs £18.47 with Interactive Investor.
**Comparison will change based on the value and number of trades.
Compare our plans to see which is best for you here.
**Comparisons to other providers are based on their published costs on their websites as of 8 March 2023 for trading shares within a share dealing account. They are shown for illustrative purposes only. For confirmation of their up-to-date charges and product information, you should visit their websites.
Hargreaves Lansdown: Based on trades in the previous month, the fee per trade is £11.95 per trade for 0 - 9 trades, £8.95 per trade for 10 -19 trades, and £5.95 for 20 or more trades. FX fee is 1.0% for the first £5,000, 0.75% for the next £5,000, 0.5% for the next 0.5% for the next £10,000 and 0.25% for over £20,000.
Interactive Investor: £4.99 account fee. £5.99 per trade. FX fee is 1.5% for trades between £0 - £24,999.99, 1.25% for £25,000 - £49,999.99, 1% for £50,000 - £99,999.99, 0.5% for £100,000 - £599,999.99, and 0.25% for £600,000 - £999,999.99.
When you invest, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Eligibility to invest into an ISA or a SIPP and the value of tax savings depends on personal circumstances and all tax rules may change. SIPPs are a pension product designed for people who want to make their own investment decisions. You can normally only access the money from age 55 (set to rise to 57 from April 2028).