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Broker Comparison

Freetrade vs moomoo

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

Freetrade

Freetrade

Low-cost long-term investors

Freetrade is an investing platform with £0 dealing commissions, free ISA and SIPP access, stocks, ETFs, funds…

VS
moomoo

moomoo

Active investors using mobile and desktop tools

moomoo offers U.S. stocks, ETFs, options, margin, crypto and paper trading through mobile, desktop, TradingVi…

Head-to-head comparison

Freetrade vs moomoo
Feature Freetrade moomoo
Minimum deposit — $0
Stock trading fee £0 dealing commission per trade $0 commission
Regulators FCA SEC, FINRA, FINCEN
Best for Low-cost long-term investors Active investors using mobile and desktop tools
Markets & account
Stocks
ETFs
Crypto
Bonds
—
Options
—
Funds
—
Fractional Shares
Ready Made Portfolios
—
Isa
—
Sipp
—
Margin
—
Demo Account
—

Pros & cons

Freetrade

Freetrade

Pros

  • £0 dealing commission per trade
  • Basic plan has no monthly subscription fee
  • ISA and SIPP available on the £0 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 £120,000

Cons

  • Basic FX fee is 0.99% on non-GBP trades
  • Standard costs £5.99 per month when billed monthly
  • Plus costs £11.99 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
moomoo

moomoo

Pros

  • $0 commissions on U.S. stocks and ETFs
  • $0 contract fees on U.S. equity options
  • Margin rates start as low as 6.8%
  • Paper trading starts with $1M virtual money
  • Crypto USD transfers to and from US banks have $0 fees
  • Qualified Cash Sweep users can earn 3.35% APY
  • TradingView integration is free for clients
  • Free US stocks Level 2 data with $100+ average value

Cons

  • Index options carry a $0.5/contract fee
  • Crypto trades add a 0.49% transaction fee
  • Crypto assets are not FDIC or SIPC protected
  • Margin requires at least $2,000 net assets
  • US stocks Level 2 data requires $100+ average value
  • ADR custodian fees are $0.01~0.05/share
  • Cash Sweep may fall to 0.03% if eligibility is not met
Freetrade

Freetrade

Freetrade is an investing platform with £0 dealing commissions, free ISA and SIPP access, stocks, ETFs, funds, gilts, ready-made portfolios and Crypto ETNs.

Visit Freetrade Read review

Your capital is at risk. Other fees apply.

moomoo

moomoo

moomoo offers U.S. stocks, ETFs, options, margin, crypto and paper trading through mobile, desktop, TradingView and API access.

Visit moomoo Read review

Your capital is at risk. Other fees apply.

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