FreeTrade Referral Code

Over 1.6 million people in the UK now invest through FreeTrade, drawn by one straightforward proposition: zero dealing commissions on every trade. For anyone who has watched a significant chunk of returns disappear into broker fees, the FreeTrade referral code offer — a free share worth £10–£100 for new sign-ups — is a compelling reason to finally make the switch to commission-free investing.

FreeTrade is an FCA-regulated investment app that puts a universe of 7,000+ assets into your pocket, from FTSE 100 stocks and global ETFs to gilts, REITs, mutual funds, and crypto ETNs. You can start with as little as £1, and every account includes a free Stocks and Shares ISA — the tax wrapper that lets your gains compound without HMRC taking a slice.

Commission-Free Investing With FreeTrade

How FreeTrade Works

Getting started is straightforward. Download the FreeTrade app on iOS or Android (or use the web platform), complete a quick identity check, and deposit funds. There are no minimum balance requirements beyond the £1 trade floor. Once in, you can browse the full investment universe, add assets to a watchlist, and execute trades in seconds — with no commission charged on any of them.

FreeTrade holds client assets under the FCA’s client money rules, and uninvested cash earns a competitive interest rate on Standard and Plus plans. The app includes educational resources covering everything from ISA basics to SIPP strategy, alongside a portfolio analyser and an investment fee calculator that shows exactly how much commission-based alternatives would cost over time.

FreeTrade Plans Explained

FreeTrade offers three plan tiers, each building on the last. The Basic plan is free and includes a Stocks and Shares ISA, access to the full investment universe, and fractional shares. It covers most of what a regular investor needs without spending a penny on monthly fees.

The Standard plan (£4.99/month) adds stock fundamentals data, analyst ratings, and access to a wider fund range — useful for investors who want to research positions more deeply before committing capital.

The Plus plan (£9.99/month) unlocks a self-invested personal pension (SIPP), which makes FreeTrade a genuine one-stop platform for both ISA investing and pension saving. Plus also brings lower FX rates (0.45% vs 0.99% on lower tiers) for anyone trading international stocks, and priority customer support. A Junior ISA is available on all plans, making it practical for parents investing on behalf of children.

FreeTrade vs Revolut

Revolut has expanded into investing, but there is a meaningful difference in approach. Revolut is a multi-product fintech that offers investing alongside banking, currency exchange, and travel features. FreeTrade, by contrast, is an investing-first platform — everything is built around helping users manage a portfolio rather than integrating dozens of other financial services.

For investors whose primary goal is a well-managed, low-cost investment account, FreeTrade’s dedicated focus tends to show in product depth: the SIPP option, the breadth of fund types, and the educational layer are all more developed than what multi-feature apps typically offer. If you are looking specifically for commission-free stock and ISA investing, FreeTrade is the more natural home.

The Welcome Offer

New FreeTrade users who sign up via a referral link receive a free share selected at random from a curated list of UK and US stocks. The share value ranges from £10 to £100. Both the new user and the person who shared the link receive one — so using the BudgetFitter verified referral link means you get a free share at sign-up, and BudgetFitter receives one in return, which is how we fund independent deal verification at no cost to you.

The free share is held in your FreeTrade account and can be sold or held like any other position. It counts towards your ISA allowance if you keep it in your ISA. There is no lock-in period and no minimum deposit required to claim it — though you do need to fund your account to begin trading.

BudgetFitter tracks the verified FreeTrade referral offer and updates this page whenever the terms change. The Cheap International Money Transfer Matcher is also worth checking if you are regularly moving money between currencies before investing — shaving costs on transfers means more capital going into your portfolio. For a broader view of fintech tools available through BudgetFitter, the XE Money Transfer page covers another popular option for managing international funds.