VOL. XCIV, NO. 247

Freetrade Alternatives & Competitors

Checking

Replacement verdicts

Alternatives to Freetrade

Curated replacements grouped by fit, tradeoffs, pricing flexibility, and platform access. Use this list to decide which Freetrade competitor is worth testing first.

Looking for a Freetrade replacement? We've profiled 20 alternatives by workflow fit, pricing flexibility, caveats, and platform access. Whether you need a free option to trial, mobile-ready workflows, or API integrations, this list helps you choose what to test first.

Visit Freetrade Tool details

Disclosure: outbound links may include affiliate or sponsor links

Which Alternative Should You Use?

interactive investor

Closest replacement

Best for: UK investors with larger or consolidated portfolios who prefer flat monthly platform fees to percentage custody charges.

interactive investor best matches the base workflow on brokerage trading, portfolio tracking, and portfolio watchlists.
interactive investor shares Subscription pricing with the base tool.

Watch for: Monthly subscription required: Funded accounts pay £5.99, £14.99, or £39.99 monthly, so small portfolios may find percentage or free platforms cheaper.

Join interactive investor

Details Compare

DEGIRO

Quality-checked pick

Best for: European investors looking for low-cost self-directed access to stocks, ETFs, bonds, funds, options, and futures.

DEGIRO best matches the base workflow on brokerage trading, portfolio tracking, and portfolio watchlists.
DEGIRO lists Other pricing, so compare the current plan against your existing setup.

Watch for: Execution-only broker: DEGIRO does not provide investment advice or portfolio management.

Open DEGIRO account

Details Compare

E*TRADE from Morgan Stanley

Strong runner-up

Best for: U.S. self-directed investors who need several account types, research, retirement administration, and multiple trading platforms.

E*TRADE from Morgan Stanley best matches the base workflow on brokerage trading, portfolio tracking, and market monitoring.
E*TRADE from Morgan Stanley shares Free pricing with the base tool.

Watch for: Low default cash rate: The standard Bank Deposit Program pays 0.01% below $500,000 under the current tier schedule.

Details Compare

Merrill Edge

Strong runner-up

Best for: U.S. Bank of America customers valuing linked banking, immediate eligible transfers, and relationship-level visibility.

Merrill Edge best matches the base workflow on brokerage trading, portfolio tracking, and market monitoring.
Merrill Edge shares Free pricing with the base tool.

Watch for: Low standard cash rate: The standard bank sweep pays 0.01% below $1 million under the current rate sheet.

Open Merrill Edge

Details Compare

Detailed Alternatives

I want to

Pay lessFill a gapUpgrade overall

Our ranked order by workflow overlap and quality.

1

Closest replacement

interactive investor

Bottom line: UK investors with larger or consolidated portfolios who prefer flat monthly platform fees to percentage custody charges.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Core costs £5.99 monthly up to £100,000; Plus is £14.99 and Premium £39.99 with no portfolio limit.
Online UK/US listed trades cost £3.99 on Core/Plus or £2.99 on Premium.
Fund trades cost £3.99, £1.49, or zero; other international trades cost £9.99, £7.99, or £5.99 by plan.
FX costs 0.75% Core, 0.75% then 0.25% Plus, or 0.25% Premium.

Lose

Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.
Fractions cover supported U.S.-listed stocks only; UK and EU stocks and ETFs require whole units.

Watch out

Useful when you want to add investment research workspace instead of mirroring the current workflow.
Free-plan limits: Signup required, The monthly subscription begins when the account is funded and used, and Core has a £100,000 portfolio limit and excludes Junior ISA and family benefits.
Monthly subscription required: Funded accounts pay £5.99, £14.99, or £39.99 monthly, so small portfolios may find percentage or free platforms cheaper.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
interactive investorSubscription
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Join interactive investor Compare

Full review and details

2

Quality-checked pick

DEGIRO

Analyst pickTested by us

Bottom line: European investors looking for low-cost self-directed access to stocks, ETFs, bonds, funds, options, and futures.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Smart/Direct Routing
News
Calendar
flatexDEGIRO Bank SE provides execution-only service without investment advice or portfolio management.

Lose

Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.
Fractions cover supported U.S.-listed stocks only; UK and EU stocks and ETFs require whole units.

Watch out

Useful when you want to add API and market data and news and alerts instead of mirroring the current workflow.
Free-plan limits: Signup required, Trading requires an approved brokerage account, and Transaction, handling, currency-conversion, connectivity, and market-data fees can apply.
Execution-only broker: DEGIRO does not provide investment advice or portfolio management.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
DEGIROTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open DEGIRO account Compare

Full review and details

3

Drop-in replacement

E*TRADE from Morgan Stanley

Bottom line: U.S. self-directed investors who need several account types, research, retirement administration, and multiple trading platforms.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
$0 online U.S. exchange-listed stock and ETF commissions; options cost $0.65 or $0.50 per contract by activity tier.
Eligible listed Reg-NMS fractions start at $5 and support quantities to three decimal places during the rollout.
The default Bank Deposit Program pays 0.01%, 0.05%, or 0.15% APY by current balance tier.

Lose

Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.
Fractions cover supported U.S.-listed stocks only; UK and EU stocks and ETFs require whole units.

Watch out

Avoid as a full replacement if you rely on portfolio watchlists.
Free-plan limits: Signup required, Brokerage features require an approved account and cleared funding, and Options, margin, futures, crypto and specialized registrations require separate eligibility.
Low default cash rate: The standard Bank Deposit Program pays 0.01% below $500,000 under the current tier schedule.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
E*TRADE from Morgan StanleyTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open E*TRADE Compare

Full review and details

4

Merrill EdgeDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

4

Drop-in replacement

Merrill Edge

Bottom line: U.S. Bank of America customers valuing linked banking, immediate eligible transfers, and relationship-level visibility.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
$0 online stock and ETF commissions and $0 option base commission plus $0.65 per contract.
Linked eligible Bank of America transfers can be real time; external bank, wire, check, and account-transfer funding are supported.
Standard bank-sweep rates are currently 0.01%, 0.05%, or 0.15% by balance tier.

Lose

Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.
Fractions cover supported U.S.-listed stocks only; UK and EU stocks and ETFs require whole units.

Watch out

Avoid as a full replacement if you rely on portfolio watchlists.
Free-plan limits: Signup required, Brokerage use requires an approved Merrill account, and Options, margin, trust, estate and business accounts have additional rules.
Low standard cash rate: The standard bank sweep pays 0.01% below $1 million under the current rate sheet.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
Merrill EdgeTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Merrill Edge Compare

Full review and details

5

AJ BellDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

5

Drop-in replacement

AJ Bell

Bottom line: UK investors looking for taxable, ISA, LISA, junior, trust, company, and pension accounts with one provider.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Share custody is 0.25% with monthly caps from £2.50 to £10 depending on the account wrapper.
Fund custody is generally 0.25% on the first £250,000, 0.10% on the next £250,000, then zero.
Online dealing costs £5 for listed securities or £1.50 for funds; frequent share dealing can fall to £3.50.
International dealing FX is tiered at 0.75%, 0.50%, and 0.25% by trade value.

Lose

Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.
Fractions cover supported U.S.-listed stocks only; UK and EU stocks and ETFs require whole units.

Watch out

Useful when you want to add filings and transcript research and advisor and client reporting instead of mirroring the current workflow.
Free-plan limits: Signup required, Brokerage access requires an approved eligible UK account, and Shares, funds, FX, taxes, levies, and investment products can each add charges.
UK tax residence required: New online accounts require UK tax residence. U.S. and Canadian citizens or tax residents are excluded.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
AJ BellTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open AJ Bell Compare

Full review and details

6

Hargreaves LansdownDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

6

Drop-in replacement

Hargreaves Lansdown

Bottom line: UK investors looking for broad funds, shares, ETFs, bonds, ISA, LISA, junior, trust, and pension accounts in one established platform.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Funds have a tiered annual account charge starting at 0.35%; listed assets are generally 0.35% capped at £150 per account annually.
One-off online fund trades cost £1.95; listed-security trades cost £6.95 or £3.95 after 20+ prior-month trades.
Overseas share FX is tiered at 0.99%, 0.50%, and 0.20% by trade value.
Cleared GBP cash earns variable interest with different tiers for taxable, ISA, SIPP, and drawdown accounts.

Lose

Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.
Fractions cover supported U.S.-listed stocks only; UK and EU stocks and ETFs require whole units.

Watch out

Useful when you want to add portfolio analytics, filings and transcript research, and advisor and client reporting instead of mirroring the current workflow.
Free-plan limits: Signup required, Brokerage use requires an approved account and applicable UK residence/wrapper eligibility, and Platform, dealing, FX, tax, levy, and product charges can apply.
Percentage platform charge: Funds and most listed assets carry 0.35% entry-tier account charges, with different tiers, caps, and junior-account exceptions.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
Hargreaves LansdownTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open an HL account Compare

Full review and details

7

Scalable CapitalDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

7

Drop-in replacement

Scalable Capital

Bottom line: European investors comparing low-cost broker plans for stocks, ETFs, funds, bonds, crypto ETPs, derivatives, and savings plans.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Wealth Management
FREE costs €0 per month and PRIME+ costs €4.99. Through August 31, 2026, eligible EIX and gettex trades cost €0.99 on FREE and €0 on PRIME+ above €250. From September 1, gettex trades will cost €1.99 on both plans. Xetra currently costs €1.99. Savings plan executions are free.
Earn variable 2.5% annual interest on uninvested cash per current EU pricing pages; PRIME+ can distribute cash across up to five banks for up to 5 x €100,000 statutory deposit protection, otherwise cash may be held at banks or in money-market funds.
The broker lists more than 1.8 million derivatives from seven issuers. PRIME+ includes eligible trades above €250 through supported venues until the stated venue rules change.

Lose

Advanced Order Types
Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.

Watch out

Useful when you want to add API and market data, news and alerts, and advisor and client reporting instead of mirroring the current workflow.
Free-plan limits: Signup required, Brokerage use requires an eligible Scalable account, and FREE and PRIME+ plans have different order-fee rules.
Region-limited broker: Coverage is focused on supported European countries and local regulatory/product availability.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
Scalable CapitalTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Compare Scalable costs Compare

Full review and details

8

Interactive Brokers (IBKR)Drop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

8

Drop-in replacement

Interactive Brokers (IBKR)

Analyst pickTested by us

Bottom line: Active investors who need global multi-asset access, advanced orders, APIs, and volume-based commissions.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist

Gain

Smart/Direct Routing
Paper Trading
Options
Screeners

Lose

Downloadable Tax Reports
Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.

Watch out

Avoid as a full replacement if you rely on portfolio watchlists.
Free-plan limits: Signup required, Brokerage account has no recurring platform fee in the profile, but trading commissions and add-on fees vary by product, and Real-time market data and Level II data generally require subscriptions.
Commission and market-data details vary by market: The record contains separate stock, ETF, options, futures, crypto, and market-data pricing notes by region and product.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
Interactive Brokers (IBKR)Transaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open IBKR account Compare

Full review and details

9

Revolut (Invest)Drop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

9

Drop-in replacement

Revolut (Invest)

Analyst pickTested by us

Bottom line: Revolut customers who want investing inside the same money app.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Alerts
News
ETF Analysis
Wealth Management

Lose

Advanced Order Types
Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.

Watch out

Useful when you want to add news and alerts, filings and transcript research, and advisor and client reporting instead of mirroring the current workflow.
Free-plan limits: Signup required, Investing requires eligible Revolut account and country availability, and Commission-free order allowances vary by plan.
Fees depend on region and plan: Commission-free order allowances, execution commissions, Trading Pro pricing, crypto, commodities, and robo-advisor availability vary by entity and country.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
Revolut (Invest)Transaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via support.

Open Revolut Invest Compare

Full review and details

10

WebullDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

10

Drop-in replacement

Webull

Bottom line: Eligible U.S. traders looking for mobile, web, and desktop execution with $0 online commissions for U.S.-listed stocks and ETFs.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
$0 online commissions for U.S.-listed stocks and ETFs, subject to disclosed exceptions and regulatory charges.
Selected U.S. stock and ETF fractional purchases start at $1.
Cash Management sweeps eligible settled cash to program banks and supports up to $5 million total FDIC eligibility under program limits.

Lose

Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.
Fractions cover supported U.S.-listed stocks only; UK and EU stocks and ETFs require whole units.

Watch out

Avoid as a full replacement if you rely on portfolio watchlists.
Free-plan limits: Signup required, Trading requires an approved eligible brokerage account, and Options, margin, entity and IRA access have additional rules.
U.S. eligibility rules: Applicants need a U.S. address, SSN or ITIN, and permanent-resident or accepted-visa status.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
WebullTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Webull Compare

Full review and details

11

Charles SchwabDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

11

Drop-in replacement

Charles Schwab

Bottom line: U.S. investors who want brokerage, trading platforms, research, tax workflows, and several asset classes in one account.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist

Gain

Options
Paper Trading
Smart/Direct Routing
News

Lose

Downloadable Tax Reports
Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.

Watch out

Avoid as a full replacement if you rely on portfolio watchlists.
Free-plan limits: Signup required, Brokerage use requires an approved Schwab account, and Options, futures, forex, margin, and API workflows require separate approval or authorization.
Advanced products need approval: Options, futures, forex, margin, and crypto access have separate approval, risk, and eligibility requirements.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
Charles SchwabTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Schwab account Compare

Full review and details

12

Fidelity (Fidelity Brokerage Services LLC)Drop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

12

Drop-in replacement

Fidelity (Fidelity Brokerage Services LLC)

Bottom line: U.S. investors looking for $0 online stock and most ETF trades, research, tax documents, and several account types.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist

Gain

Smart/Direct Routing
Order Book / Level II
News
Financials

Lose

Downloadable Tax Reports
Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.

Watch out

Avoid as a full replacement if you rely on portfolio watchlists.
Free-plan limits: Signup required, Brokerage use requires an approved Fidelity account, and Options, international trading, margin, crypto, and active-trader workflows have separate rules or approvals.
Not all trades are free: Options contracts, secondary bonds/CDs, crypto transactions, professional options fees, regulatory fees, and certain ETF purchase service fees can apply.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
Fidelity (Fidelity Brokerage Services LLC)Transaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Fidelity account Compare

Full review and details

13

Trading 212Drop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

13

Drop-in replacement

Trading 212

Bottom line: Eligible investors looking for app-first commission-free stock and ETF execution with multi-currency Invest accounts.

Keep

Brokerage
Advanced Order Types
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Invest supports direct beneficial ownership of supported stocks and ETFs; CFDs are distinct leveraged derivatives.
Trading commission and custody are free for Invest, ISA, and SIPP; Invest currency conversion is generally 0.15% and 0.4% for the Australian offer.
Most Invest and ISA instruments support fractional market, limit, stop, and stop-limit orders.
Fractions receive proportional dividends and voting support but cannot be transferred to another broker.

Lose

Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.
Fractions cover supported U.S.-listed stocks only; UK and EU stocks and ETFs require whole units.

Watch out

Useful when you want to add dividend research and filings and transcript research instead of mirroring the current workflow.
Free-plan limits: Signup required, Trading requires an approved personal account in a supported residence, and FX costs vary by product and entity; taxes, spreads, product costs, and CFD financing can also apply.
Invest and CFD are different products: Invest positions represent beneficial ownership of supported securities. CFDs are leveraged derivatives without ownership of the underlying asset.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
Trading 212Transaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Trading 212 Compare

Full review and details

14

SMARTBROKER+Drop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

14

Drop-in replacement

SMARTBROKER+

Bottom line: Eligible European residents who want a depot without custody fees and with low-cost gettex execution.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

gettex orders in eligible securities cost €0 from €500 or €1 below €500 under the published premium-partner conditions.
Savings-plan execution is €0 for eligible stocks, ETFs, ETCs, funds and crypto ETPs.
Residents of Germany, France, Italy, Spain, Austria, the Netherlands, Belgium, Ireland and Luxembourg can apply, subject to approval.
The separate Baader Bank interest account pays a variable 2.00% to €100,000 and 1.75% from €100,000 to €1 million as reviewed.

Lose

Advanced Order Types
Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.

Watch out

Avoid as a full replacement if you rely on market monitoring.
Free-plan limits: Signup required, An approved depot and app-based identity verification are required, and €0 execution is conditional on gettex, premium-partner eligibility and €500 order value.
Nine-country eligibility: New accounts are limited to residents of nine named European countries and exclude people subject to U.S. tax.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
SMARTBROKER+Transaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open SMARTBROKER+Compare

Full review and details

15

FirstradeDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

15

Drop-in replacement

Firstrade

Bottom line: U.S. and supported international investors seeking $0 online stock, ETF, mutual-fund, and options commissions.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
Stocks, ETFs, mutual funds, and listed options have $0 stated online commissions and $0 standard options contract fees.
International brokerage is available only for the current official matrix of 27 countries and regions.
Fractional trading covers selected equities and ETFs, but fractions cannot transfer and carry voting and liquidity limitations.

Lose

Advanced Order Types
Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.

Watch out

Avoid as a full replacement if you rely on market monitoring.
Free-plan limits: Signup required, An approved domestic or supported international brokerage account is required, and Regulatory, short-borrow, fixed-income, fund, broker-assisted, and transfer costs can apply.
Restricted international matrix: International onboarding is limited to 27 named countries and regions and cannot be generalized globally.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
FirstradeTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Firstrade Compare

Full review and details

16

National Bank Direct BrokerageDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

16

Drop-in replacement

National Bank Direct Brokerage

Bottom line: Canadian residents seeking $0 online Canadian and U.S. stock and ETF commissions.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
Online Canadian and U.S. stocks and ETFs carry $0 stated commission.
A $100 annual administration fee is waived under published asset, age, InvestCube or offer conditions.
Uninvested brokerage credit balances currently pay 0% in the live pricing table.

Lose

Advanced Order Types
Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.

Watch out

Avoid as a full replacement if you rely on market monitoring.
Free-plan limits: Signup required, An approved Canadian-resident brokerage account is required, and The $100 annual administration fee requires a published waiver condition to avoid.
Canada-only online opening: The online application requires Canadian residence and age 18 or older.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
National Bank Direct BrokerageTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-09-02 via pricing.

Open NBDB Compare

Full review and details

17

Qtrade Direct InvestingDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

17

Drop-in replacement

Qtrade Direct Investing

Bottom line: Canadian residents seeking $0 online equity, ETF and mutual-fund commissions.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
Online equities, ETFs and mutual funds carry $0 stated commission.
Online options cost $0 plus $0.75 per contract, with separate assignment and exercise fees.
Published cash-credit rates are 0% through C$2 million and 0.10% above in CAD, while USD remains 0%.

Lose

Advanced Order Types
Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.

Watch out

Avoid as a full replacement if you rely on market monitoring.
Free-plan limits: Signup required, An approved Canadian brokerage account is required, and Transaction, product, service, FX and transfer fees can apply despite $0 equity and ETF commissions.
Canada-only opening: New applicants must be Canadian residents and meet provincial or territorial age requirements.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
Qtrade Direct InvestingTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Qtrade Compare

Full review and details

18

Rakuten SecuritiesDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

18

Drop-in replacement

Rakuten Securities

Bottom line: Japan residents who need Japanese and U.S. securities, funds, bonds, and derivatives in one account.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
Zero Course domestic cash-equity brokerage is ¥0 when its SOR/R-Cross conditions are accepted.
U.S. stock and ETF commissions are 0.495%, with a $0 minimum and $22 maximum before other charges.
Kabumini trades eligible Japanese shares below the standard lot from one share.

Lose

Advanced Order Types
Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.

Watch out

Avoid as a full replacement if you rely on market monitoring.
Free-plan limits: Signup required, Applicants must be Japan residents and pass identity, tax and account screening, and Zero Course domestic pricing has SOR/R-Cross and electronic-service conditions.
Japan residents only: The modeled account is not open as a general overseas route, and non-resident customers face restrictions.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
Rakuten SecuritiesTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Rakuten Securities Compare

Full review and details

19

SBI SecuritiesDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

19

Drop-in replacement

SBI Securities

Bottom line: Japan residents who need domestic shares, U.S. securities, funds, bonds, and derivatives in one account.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Options
Zero Revolution lists ¥0 brokerage for eligible domestic cash, margin and S-share orders under its conditions.
U.S. security commissions are 0.495%, with a $0 minimum and $22 maximum before other charges.
S-shares provide eligible Japanese securities below the standard lot from one share.

Lose

Advanced Order Types
Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.

Watch out

Avoid as a full replacement if you rely on market monitoring.
Free-plan limits: Signup required, Applicants must be Japan residents and pass identity, My Number and bank-account checks, and Domestic zero brokerage requires electronic-delivery and course conditions.
Japan residents only: SBI limits opening to domestic residents and states it does not hold overseas securities-business licenses.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
SBI SecuritiesTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open SBI Securities Compare

Full review and details

20

Nubank InvestmentsDrop-in replacementTransaction-priced · Fees vary by offer and jurisdictionPaid only

20

Drop-in replacement

Nubank Investments

Bottom line: Brazil-resident Nubank customers looking for listed investments inside their banking app.

Keep

Brokerage
Portfolio
Watchlist
Downloadable Tax Reports

Gain

Nu Investimentos remains the regulated broker while trading and monitoring occur inside the Nubank app.
Digital brokerage for stocks and BDRs is R$0, with B3, fund, issuer and tax costs disclosed separately.
Eligible B3 and custody failures can fall under the MRP, capped at R$200,000 per occurrence.
The consolidated 2026 income report includes 2025 Nubank and Nu Invest balances and income.

Lose

Advanced Order Types
Basic includes GIA, Stocks and Shares ISA, Junior Stocks and Shares ISA, and SIPP with no monthly subscription.
Standard costs £5.99 monthly or £59.88 annually; Plus costs £11.99 monthly or £119.88 annually.
Freetrade dealing commission is zero; non-GBP FX is 0.99% Basic, 0.59% Standard, or 0.39% Plus.
Cash interest is plan-dependent and capped: 1% to £1,000, 2.5% to £2,000, or 3.5% to £3,000.

Watch out

Avoid as a full replacement if you rely on market monitoring.
Free-plan limits: Signup required, An approved Brazil-resident Nubank account and investor-profile onboarding are required, and Digital brokerage is R$0, but B3, issuer, fund, product and tax costs can apply.
Brazil-resident app route: The modeled offer requires an eligible Brazil-resident Nubank account, CPF and in-app regulatory onboarding.

Price: FreetradeTransaction-priced · Fees vary by offer and jurisdiction
Nubank InvestmentsTransaction-priced · Fees vary by offer and jurisdiction
Free tier: Paid only
Replacement: Drop-in replacement

Pricing checked 2026-08-23 via pricing.

Open Nubank Investments Compare

Full review and details

What This Shortlist Tells You

interactive investor is the closest drop-in replacement with overlapping coverage in Brokerage, Advanced Order Types, and Portfolio while adding Core costs £5.99 monthly up to £100,000; Plus is £14.99 and Premium £39.99 with no portfolio limit. and Online UK/US listed trades cost £3.99 on Core/Plus or £2.99 on Premium. features (workflow overlap ~100%).

Round out your stack with new coverage areas like Smart/Direct Routing, News, Calendar, and Options.

Coverage Snapshot

Where alternatives already align

Most shared categories across the top matches.

Brokerage×20Portfolio×20Watchlist×20Downloadable Tax Reports×17Advanced Order Types×11

New angles introduced

Categories the alternatives add beyond Freetrade.

Options+11News+5Smart/Direct Routing+4Order Book / Level II+3Alerts+2APIs & Data Feeds+2Calendar+2Paper Trading+2

Access & Pricing

Free options

0/20

0 picks introduce a free tier you can start with.

Mobile ready

20/20

20 matches support mobile alongside Freetrade.

API availability

2/20

2 of the shortlisted tools expose API endpoints for automation-heavy workflows.

Quality checks

3 starred / 3 tested

3 tools are flagged as analyst picks; 3 have been hands-on tested.

Avg. coverage overlap

90%

Average percentage of categories shared with the base tool.

Frequently Asked Questions

What are the best alternatives to Freetrade?

Freetrade users most often consider interactive investor, DEGIRO, and E*TRADE from Morgan Stanley as their go-to alternatives.

Which workflows do the top Freetrade alternatives cover?

Expect deep coverage across Advanced Order Types, Brokerage, Downloadable Tax Reports, Portfolio, and Watchlist, so you can port most Freetrade workflows without much friction.

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Short InterestDaily tracker for heavily shorted stocks and short squeeze candidates.

Stock RankingsBacktested ranking systems for quality, value, momentum, and more.

Live AnalyticsSee what users are clicking, searching, and voting for across the site.

Research ToolsFind screeners, data platforms, portfolio trackers, and research tools.

Feedback

Missing an alternative, or is a listing out of date? Tell me and I will look.

Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.