Freetrade
Online trading with Freetrade
Freetrade – a versatile online trading platform with over a million users. The platform’s founder, Canadian Adam Dodds, set out to create a convenient and reliable place for investing after encountering inconveniences with other offerings in the market. The company has received numerous global awards for quality trader service.
The company “Freetrade” is registered in London and holds a license from the Financial Conduct Authority under document number: № 09797821.
Advantages of Freetrade
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Security
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No trading commission
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Transparent pricing
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Educational system
Trading conditions of Freetrade
To start trading with Freetrade, the client needs to register on the trading platform Invest by Freetrade. This will allow for quick and cost-effective transactions using the best analytical tools. The terminal offers:
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Over 6000 stocks and ETFs on the markets of the UK, Europe, and the USA
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Investments up to £20,000 tax-free
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General investment account for any operations
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Up to 3% annual return on uninvested funds
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Automated trading and fast execution
Freetrade offers three tariff options:
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Basic – free trading, access to 1500+ stocks, basic service
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Standard – full range of stocks, US fractional shares and ISA, automated order types, profit of 1% of the uninvested deposit amount (up to £2000). Account cost – £4.99 per month.
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Plus – priority service, access to the terminal’s beta version, extensive functionality, up to 3% return on uninvested funds for only £9.99 per month.
The number of transactions also affects the commission. Conducting more than 20 orders will incur a commission of up to £6.
Account funding and withdrawal with Freetrade
To purchase a subscription, you need to provide your payment card number during registration. The account usage fee will be debited monthly from the active card.
You can cancel the subscription within 14 days of purchase through the downloaded version. If canceled, the option to purchase a subscription again will only reappear after 3 months. In case of insufficient funds on the card, the broker has the right to sell the client’s securities to cover expenses.
Conclusion
Freetrade – a reliable trading platform providing access to the securities market for a small fee. Over 6000 stocks are available for investment on various markets. Account management is simple, money is automatically debited, and membership is renewed. Customer reviews of the company are mainly positive, highlighting the quality service and ease of use.