After hearing that we offer free investing, people's first question is: "how do I sign up?" Their second question is "how do you make money?"
We optimise our costs, so, unlike most stockbrokers, we can offer investing for free.
We operate a freemium model: our General Investment Account is free forever whereas other account types may incur a subscription fee.
Current revenue streams:
- Freetrade ISA, £3/month
- Freetrade Plus, £9.99/month
- Fee of 0.45% of the Base FX rate on each US order placed
- Small amount of interest earned from banks on customers’ cash
Future revenue streams:
- Freetrade SIPP account (coming soon!)
You can see all the info on our pricing here.