What’s happening?

We've redesigned our investment accounts and benefits so that our Freetrade customers now have a choice of three investment plans: Basic, Standard and Plus.

Following these changes, the stocks and shares ISA is no longer being offered as a standalone account. It is now part of the Standard plan, which costs £4.99 per month.

As well as covering the cost of your ISA, the new Standard plan also offers a range of additional benefits, such as access to our full range of stocks, that were previously only available to Plus customers.

Please have a look at the information below and consider whether the Basic or the Standard plan would be right for you.

What do I get with the Standard plan?



Your accounts and benefits

Basic plan

Standard plan

Account Types


Stocks and shares ISA



Stocks and shares ISA


Access to a limited range of 4,000+ US, UK, and EU shares and ETFs.

Access to a limited range of 1,500+ US*, UK, and EU shares and ETFs.

Access to the full Freetrade range of 6,000+ US, UK, and EU shares and ETFs

Limit orders & stop losses

1% on uninvested cash (up to £2,000)





*the list of US stocks will be limited to the Freetrade US 500, a customised list of Large Cap US companies with valuations over $1b.

See how Basic, Standard, and Plus compare.

What happens now?

For your next two billing cycles, you’ll continue to pay £3 per month while having full access to the Standard plan, so you can try out all of the benefits for yourself. After this, you’ll remain on Standard and pay £4.99 per month.

If, however, you decide not to continue on Standard, you can downgrade to the Basic plan (£0 per month). However, that means that you will first need to close or transfer out your ISA.

How do I close my ISA?

In order to close your ISA, you will need to sell any investments held within it. Once any sell orders have settled, you can then select to withdraw cash to your linked bank account, or request a cash move to your GIA by contacting our customer service team.

How do I transfer out my ISA?

There is no fee to transfer away and close your Freetrade ISA. However, there are some restrictions around transferring out non-UK stocks. See more information here.

How do I downgrade to Basic?

If you close or transfer out your ISA at any time during your next two billing cycles, you’ll lose access to Standard benefits and automatically be downgraded to Basic, which has no monthly fee. You can always upgrade directly via the Freetrade app should you decide to open an ISA in the future, or should you wish to take advantage of the other benefits of the Standard or Plus plans.

Note: If your ISA is currently frozen due to outstanding subscription fees, these will need to be paid before your ISA can be closed or a transfer affected.

Did this answer your question?