+£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
1.6m+
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
You are here10 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.
Quidsy Share: More Free Cash
Make £15 per friend with Freetrade
Freetrade gives you £15 for every friend you refer, up to a maximum of 10 friends.
1Add your Freetrade link to Quidsy
2Share your Quidsy link
Your friends will always see your links, such as Freetrade, in the guide above.
Sign in to grab your Quidsy invite link and start earning.
Quick Freetrade Review
Completed the offer? Awesome! Here's our full review on why Freetrade could work well for you going forward.
Freetrade at a glance
Updated:
A great first investing account for UK beginners who don't want to pay per trade. There's currently a £15 Quidsy offer on the table, with commission-free trading on UK and US stocks. The one watch-out: heavy US traders will get clipped by FX fees unless they upgrade for tighter spreads.
Customers
1.6m
UK accounts
Founded
2018
8 years old
App Store
4.4 ★
17k reviews
Google Play
4.4 ★
24k reviews
Freetrade is a great entry point for anyone new to investing in the UK. The Basic plan now includes the ISA and SIPP for free, on top of commission-free share dealing, which makes it one of the cheapest ways to hold a tax-efficient investment account if you are mostly trading UK stocks.
The app itself is 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 IG Group acquisition gives the business a much bigger backstop than it had as a standalone, which is reassuring if you have been put off by Freetrade's slower start-up years.
The main reasons not to use it are still the same. Heavy US traders will be hit by the 0.99% FX fee on Basic (worth paying for Standard or Plus if you trade a lot of US shares), and anyone who wants deep research, gilts, mutual funds at scale, or international markets beyond the UK and US will outgrow it. For a first investing account, though, it is hard to beat.
Freetrade Limited is authorised and regulated by the Financial Conduct Authority (FRN 783189). Investments are held in nominee accounts; FSCS protection applies up to £85,000 per person if Freetrade were to fail.