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Why can’t I open a Freetrade Junior ISA for my 16 or 17 year old?

Updated today

At the moment, you can’t open a Freetrade Junior ISA for a child aged 16 or 17. This is due to additional features and operational requirements for opening JISAs at these ages, which we don’t currently support. We do regularly review our product offering and may expand this in the future.

If your child already has a Freetrade Junior ISA, you can continue to manage it as usual when they turn 16. However, it’s not possible to open a new Junior ISA for someone aged 16 or 17.

When your child turns 18, their Freetrade Junior ISA will automatically convert into a Freetrade stocks and shares ISA. At that point, they’ll be asked to complete the relevant paperwork. Once the account is converted, they’ll be able to access the investments and cash held within the JISA and make withdrawals.

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