Building Freetrade

Introducing Freetrade Plus

Duncan Leslie

August 6, 2020

Duncan Leslie

Find out what's inside, and request your invite.

A part of building a new infrastructure for investing is, from our perspective, building it sustainably: in a way that we add value to our customer community, while building a sustainable business.

In the last few months, a lot of community members asked about Freetrade Plus, and gave us valuable input about what they’d like to see.

The wait is almost over.

Today, we’re starting to give early access to Freetrade Plus to crowdfunding investors who earned lifetime access as their investment reward. 

Freetrade Plus will give you more control than ever over your investments, and will include limit orders, stop losses, and a much longer list of stocks, with specially curated collections to help you discover them easier. Your stocks and shares ISA is included in Plus, at no extra cost.

And this is only the start. Much, much more is coming.


What is Freetrade Plus?


Our mission is to get everyone investing.

With Freetrade, anyone can invest from the tiny sum of £2 in a wide range of UK and US shares, ETFs and more with zero commission. And that commitment to providing commission-free investing will not change.

With Freetrade Plus, we’re going a step further. 

We designed Plus to give you advanced power and control. You’ll be able to access a wider range of investments, and you won’t have to miss a potential opportunity to invest at a price you set or bag profits with limits, or protect yourself with stop losses.

And with priority customer support, we’ll be there for you between 6 AM and midnight, Mon-Fri, as well as our core 9-5 weekend support, to make sure you can chat to one of the team quickly and at a time that fits you.

Plus is an ever-improving account. We’ll continuously work on and test features and improvements for it.

Plus will be available for £9.99 per month.

Freetrade Plus, launching autumn 2020

Are you a first time investor? Read our guides to get you started right

How to invest in stocks - Beginner's guide

How to choose the best investment app for you

Limit orders and stop losses


Create limit orders to buy and sell stocks if they hit the price you’re happy to pay. 

With a buy limit, you set the price you think represents good value, at which you want us to submit your buy order.

Whereas a sell limit allows you to set a price that would deliver a profit, at which you want us to submit your sell order.  

With stop losses, you can define a price below the current level that can help protect you if the price should fall, below which you want us to sell your shares. And once you set your instructions, you can leave the rest to us. 

UK limit orders are here


A larger list of investments and curated stock collections


Over the next few months, you’ll see us continuing to increase both the Basic and Plus stock universe, and the latter will start to include even more investments, for example companies with small market capitalisation, that typically represent more risk, but also, more potential upside if they become successful.

We’re adding more hand-picked stock collections that go far beyond those available today. 

With collections such as ‘Fighting Covid-19’ and ‘Fighting climate change’ you can find the companies involved in the most important issues affecting the planet, while others like ‘Cloud computing’ allow you to uncover stocks that meet your investment needs.


Head to our Stock List page to see all the shares to invest in via our investment app.


Stocks and shares ISA


We know many of you love your stock and shares ISA, enabling you to invest up to £20,000 a year without having to pay capital gains tax on any profits you make.

That’s why it's included with Freetrade Plus.

Plus all the benefits of your existing Freetrade account


All of the benefits of Freetrade Plus are yours along with the great features of your existing General Investment Account. Features such as fractional investing in US shares, watchlists, a wide range of ETFs and much more.

We’re not just investing in Plus; we’ll continue to add more great features for all Freetrade app users as well, such as making it easier to top up your account, better performance insights and deeper information about companies.


When is Freetrade Plus available?


We’ll be making Freetrade Plus available to more users gradually over the next couple of months as we continue to add more features and get more feedback.

Talking of feedback...


We’re looking at the first Plustomers for feedback on the early version that we are enabling for them today. If you are one of them, thanks a lot for using Plus! Tell us about your experience via the in-app chat. 🙏  



Request your invite to Plus here.

This should not be read as personal investment advice and individual investors should make their own decisions or seek independent advice. This article has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is considered a marketing communication.

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. Tax rules for ISAs can change and their benefits depend on your circumstances.

Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).






The views expressed above are those of community members and do not reflect the views of Freetrade. It is not investment advice and we always encourage you to do your own research.

Simple pricing plans

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Annually

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£0.00/mo

Accounts

GIA pink
General investment account

Benefits

  • Commission-free trades (other charges may apply. See full pricing table.)
  • Trade USD & EUR stocks at the exchange rate + a 0.99% FX fee
  • Fractional US Shares
  • Access to more than 4,700 stocks, including the most popular shares and ETFs
  • 1% AER on up to £1,000 uninvested cash
£4.99/mo

£59.88 billed annually

£5.99/mo

Billed monthly

Accounts

GIA white
General investment account
ISA
Stocks and shares ISA

Benefits
Everything in Basic, plus:

  • Full range of over 6,200 US, UK and EU stocks and ETFs
  • Trade USD & EUR stocks at the exchange rate + a 0.59% FX fee
  • Automated order types, including recurring orders
  • Advanced stock fundamentals
  • 3% AER on up to £2,000 uninvested cash
£9.99/mo

£119.88 billed annually

£11.99/mo

Billed monthly

Accounts

GIA white
General investment account
ISA
Stocks and shares ISA
SIPP white
Self-invested personal pension (SIPP)

Benefits
Everything in Standard, plus:

  • Trade USD & EUR stocks at the exchange rate + a 0.39% FX fee
  • Priority customer service
  • Freetrade Web beta
  • 5% AER on up to £3,000 uninvested cash

Download the app to start investing now



When you invest your capital is at risk.