Yes. You will need to pay for your Standard plan subscription for as long as your Freetrade stocks and shares ISA is open.
If you don’t want to continue to pay for the Standard plan, you’ll need to sell down your positions and either transfer your cash to your General Investment Account (GIA) or withdraw it in order to close your ISA and downgrade to our Basic plan that does not charge a fee.
Alternatively, you can transfer your ISA out to a new provider! You’ll need to contact a new provider to kick off this process.
You can transfer out both UK & US stocks to your new provider - this does of course depend on your new provider, and there may be some restrictions.
There are no fees to transfer out UK holdings. For US transfers, processed via The Depository Trust Company, there is a fee of £17 per holding. This covers the processing charge of our external custodian.