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Broker Comparison

Freetrade vs ii

Compare Freetrade and ii side by side: fees, regulation, platforms.

Freetrade

Freetrade

Low-cost long-term investors

Freetrade is an investing platform with ยฃ0 dealing commissions, free ISA and SIPP access, stocks, ETFs, fundsโ€ฆ

VS
ii

ii

Flat-fee long-term investors

ii is a flat-fee investment platform with ISA, SIPP, Trading Account, funds, ETFs, shares, bonds, managed optโ€ฆ

Head-to-head comparison

Freetrade vs ii
Feature Freetrade ii
Minimum deposit โ€” โ€”
Stock trading fee ยฃ0 dealing commission per trade UK and US shares (incl. ETFs & Investment trusts): Core ยฃ3.99 per trade; Plus ยฃ3.99 per trade; Premium ยฃ2.99 per trade
Regulators FCA FCA
Best for Low-cost long-term investors Flat-fee long-term investors
Markets & account
Stocks
ETFs
Crypto
โ€”
Bonds
Funds
Fractional Shares
โ€”
Ready Made Portfolios
Isa
Sipp
Investment Plans
โ€”
Multi Currency
โ€”
Business Account
โ€”

Pros & cons

Freetrade

Freetrade

Pros

  • ยฃ0 dealing commission per trade
  • Basic plan has no monthly subscription fee
  • ISA and SIPP available on the ยฃ0 Basic plan
  • FX fees fall from 0.99% to 0.39% on Plus
  • US fractional shares support smaller orders
  • Cash earns 1% to 3.5% AER on plan-based limits
  • Recurring, limit and stop-loss orders are available
  • Eligible cash protection is listed up to ยฃ120,000

Cons

  • Basic FX fee is 0.99% on non-GBP trades
  • Standard costs ยฃ5.99 per month when billed monthly
  • Plus costs ยฃ11.99 per month when billed monthly
  • Fractional share elements cannot be transferred
  • Direct Debit cash is not usually withdrawable for 3 working days
  • Crypto ETNs are not protected by FSCS
  • Treasuries cannot be sold before maturity
  • Cash additions must be in pounds sterling
ii

ii

Pros

  • Core plan starts at ยฃ5.99 per month
  • Regular investments are Free on every plan
  • No fees for transfers in or out
  • SIPP, ISA and Trading Account sit under one plan
  • Hold up to 9 currencies in SIPP and Trading Account
  • Plus includes 1 free monthly trade; Premium includes 2
  • Funds cost ยฃ1.49 on Plus and Free on Premium
  • Plus gives 5 free family accounts; Premium gives unlimited

Cons

  • Core is limited to portfolios up to ยฃ100,000
  • Junior ISA is not included on the Core plan
  • Same day GBP and EUR withdrawals cost ยฃ15
  • Other currency withdrawals cost ยฃ15
  • Telephone trades cost ยฃ49
  • Non-personal accounts add ยฃ30 per month
  • Premium costs ยฃ39.99 per month
  • Core FX conversion is 0.75%
Freetrade

Freetrade

Freetrade is an investing platform with ยฃ0 dealing commissions, free ISA and SIPP access, stocks, ETFs, funds, gilts, ready-made portfolios and Crypto ETNs.

Your capital is at risk. Other fees apply.

ii

ii

ii is a flat-fee investment platform with ISA, SIPP, Trading Account, funds, ETFs, shares, bonds, managed options and multi-currency investing.

Your capital is at risk. Other fees apply.

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