ISA fees at key portfolio sizes
| Portfolio | Funds | ETFs | Shares |
|---|
Monthly trading assumed. Verify at Freetrade
Accounts & features
| Stocks & Shares ISA | ✓ |
| SIPP | ✓ |
| GIA | ✓ |
| Flexible ISA | ✗ |
| Fractional shares | ✓ |
| Regular investing | ✓ |
| Mobile app | ✓ |
| FSCS protected | ✓ (up to £85,000) |
Overview
Freetrade is a mobile-first investment app that charges a flat monthly fee for ISA and SIPP access. The GIA (general investment account) is free. Like Trading 212, it focuses on stocks and ETFs rather than funds.
The fee structure
- GIA: Free
- ISA: £5.99/month (£71.88/year)
- SIPP: £9.99/month (£119.88/year)
No dealing fees — all trades are free regardless of how many you make.
Who is Freetrade best for?
- Investors with portfolios of £20,000–£100,000 where the flat fee beats percentage alternatives but is smaller than ii’s fee
- Active traders who benefit from free unlimited trades
- Mobile-first investors — the app is polished and well-designed
Limitations
- App-only (no desktop trading)
- ETFs and shares only — no funds
- Smaller investment range than HL or AJ Bell
- No LISA or JISA
Verdict
Freetrade sits between the zero-fee platforms (InvestEngine, Trading 212) and the full-service flat-fee options (ii). At £71.88/year, it’s cheaper than ii but more expensive than free — the maths works for ETF investors with portfolios in the £20k–£100k range who want the ISA wrapper. Use our calculator to see exact comparisons at your portfolio size.
Open a Freetrade ISA
Open account at Freetrade →Affiliate link — we may earn a commission. Capital at risk.