+£100
ISA and SIPP27 mins
FreetradeISA and SIPP
1% Cashback on Transfers•27 mins
1% Cashback on Transfers
+£100What is Freetrade?
Freetrade is a UK commission-free investment platform founded in 2018, offering stocks, ETFs, and investment trusts with no trading fees. They offer a General Investment Account (GIA), ISA, and SIPP, all commission-free for you.
Regulated by the FCA (No. 958443) with FSCS protection up to £85,000, Freetrade has over 700,000 users in the UK and is known for its clean, beginner-friendly app.
Launched
2018
Customers
700k+
Google Play
4.4 (24k)
★★★★★★
Key Terms
Profit
+£100
Min £100 cashback
Cashback rate1%
Minimum cashback
£100
£10k transfer
Maximum cashback
£10,000
£1m transfer
Eligible accountsISA, SIPP
Offer ends
5 April 2026
Transfer must be initiated by this date
Free cash arrives5th December 2026
Step by Step Guide
Chris's overview
Optional·1 min read
Freetrade is offering 1% cashback on new contributions to your ISA or SIPP during tax year end season. Transfer or contribute £10,000+ and you’ll earn at least £100 in cashback. The maximum is £5,000 per ISA or SIPP (£10,000 in total).
Important: Freetrade calculates your cashback on net funding — so any withdrawals during the campaign period reduce your qualifying amount. You need to maintain at least £10,000 net per account. The minimum applies per account individually, so £5k into an ISA and £5k into a SIPP wouldn’t qualify for either.
The campaign runs until 5 April 2026 (tax year end) and cashback is paid by 5 December 2026 into your GIA. If you’re already thinking of transferring your ISA or SIPP to a lower-fee platform, this is a fantastic incentive. This will be in addition to any saving that you make from Freetrade being a commission-free platform.
If you’re at or approaching SIPP retirement age (currently 55), note that each UFPLS withdrawal from a Freetrade SIPP costs £240. This fee is expected to reduce significantly in coming years as Freetrade aligns with competitors. Alternatively, you could transfer your SIPP to a provider with lower withdrawal fees closer to retirement.
1
Open a Freetrade account
10 mins
- Click the button below to open Freetrade
- Create your account or log in if you already have one
- Complete identity verification if you’re a new customer
- Open an ISA or SIPP using the basic plan
2
Opt into the tax year end offer
2 mins
- Go to the Rewards Hub in the Freetrade app
- Find the “2026 Tax Year End Offer” and opt in
- You must opt in before making your transfer or contribution
3
Transfer or contribute £10,000+
15 mins
- Initiate a transfer in the Freetrade app (Profile → Transfer account) or on the web (Transfer tab)
- The minimum qualifying amount is £10,000 net per account
- ISA transfers typically take 4–6 weeks; SIPP transfers can take 8–12 weeks
- Transfers must be initiated by 5 April 2026 — completion can happen after this date
4
Receive your % cashback05/12/26
- Cashback is paid into your GIA (not your ISA/SIPP) by 5 December 2026
5
Hold your investments06/04/27
- Per Term 16, you must not withdraw or transfer out funds that reduce your account below your qualifying transfer amount before 6 April 2027 — normal investment fluctuations don’t count
- Any net withdrawal that reduces your balance below this threshold could result in Freetrade clawing back your cashback
- If you’re happy with Freetrade, keep investing with them after 6 April 2027
- If not, you can transfer out after 6 April 2027 — Freetrade has no exit fees for ISA transfers
Offer Complete
Done? Tick off each step above to see your total.
Freetrade Full Review
Completed the offer? Awesome! Here's our full review on why Freetrade could work well for you going forward.
Freetrade is a UK commission-free investment platform that lets you buy and sell stocks, ETFs, and investment trusts without paying trading fees. Founded in 2018 and regulated by the FCA (No. 958443), it was one of the first UK apps to offer genuinely free share dealing. Freetrade offers a free General Investment Account (GIA) with no platform fee, a Stocks & Shares ISA for £5.99/month, and a SIPP pension for £11.99/month. The platform is designed to make investing accessible to beginners while still offering enough depth for regular investors.
Is Freetrade safe?
Freetrade is authorised and regulated by the Financial Conduct Authority (FCA No. 958443). Your investments are held in a nominee account, meaning they are kept separate from Freetrade's own assets. Cash balances are protected by the FSCS up to £85,000 if Freetrade were to fail. The company has been operating since 2018 and has over 700,000 users in the UK.
Who is Freetrade for?
Freetrade is best suited for beginners and cost-conscious investors who want a simple way to buy shares and ETFs without paying commission. The free GIA makes it particularly attractive for people starting out with smaller amounts. It is also a solid choice for anyone who wants a clean, easy-to-use app without the complexity of traditional brokers.
Top Features
1
Commission-free trading
Buy and sell UK and US stocks, ETFs, and investment trusts with no trading fees on the basic plan.
2
Stocks & Shares ISA
Tax-efficient investing with a Stocks & Shares ISA available for £5.99/month.
3
Fractional shares
Invest in expensive stocks like Apple or Tesla with as little as £2 using fractional shares.
4
Clean, beginner-friendly app
Simple interface designed for people who are new to investing, with curated stock lists and easy navigation.
Pros and Cons
Pros
- ✓Commission-free trading on the basic plan
- ✓Clean, beginner-friendly app that makes investing simple
- ✓Fractional shares let you start with small amounts
- ✓FCA-regulated with FSCS protection up to £85,000
Cons
- ✗ISA and SIPP require a monthly subscription
- ✗Smaller stock selection compared to established brokers like Hargreaves Lansdown
- ✗Limited research and analysis tools within the app
Chris's Verdict
Freetrade is a great entry point for anyone new to investing. The free General Investment Account with commission-free trading is hard to beat if you want to start buying shares without worrying about fees eating into small investments.
The app is genuinely one of the easiest to use in the UK investing space. It does not overwhelm you with charts and data — you can browse stocks, tap to buy, and you are done. The ISA is good value at £5.99/month if you are investing enough to benefit from the tax wrapper, but start with the free GIA if you are just getting started.
