A standing order is a regular payment of the same amount, set up from your bank to deposit money into your Freetrade account on a weekly, fortnightly, or monthly basis. You can find within the Freetrade app by navigating to:
Open the Freetrade app
Go to your Account tab
Tap ‘Top up’
Select ‘Standing order from your bank’
Tap ‘Next’ then ‘View our bank details’
Tap ‘Copy’ next to your account reference number - this helps avoid typos!
You’ll then need to use your bank’s app or website to complete the standing order using these details.
Here’s a handy list of banks we accept a standing order from and each bank’s guide on how to set these up:
Most of these process quickly, and you can cancel your standing order at any time via your bank.
Standing orders from Lloyds Bank, Halifax, and Bank of Scotland:
We do accept standing orders from these banks, but they take longer to process (typically 5–10 working days, and in some cases up to 30 working days).
This is because they don’t always send all remitter details, and our bank needs to confirm them manually.
To speed this up, you can securely upload a PDF bank statement dated within the last 3 months here. After uploading, please:
Let us know via in-app chat (Portfolio tab > 👤 Profile icon > Contact us),
Or email us at [email protected].
We’ll then work to apply your funds as soon as possible.
💡 Tip: Want your money to arrive faster? Open Banking transfers are usually instant.