Trading 212 Vs Freetrade Comparison

The UK’s two leading commission-free investment brokers, Freetrade and Trading 212, offer investors the chance to invest in a range of shares, ETFs, and investment trusts. In addition, both platforms allow users to trade CFDs (Contracts for Difference) and buy fractional shares, which allows investors to purchase part of a company if they cannot afford to pay the full price of a whole share.

Trading 212 vs Freetrade Comparison platforms offer a similar set of investment choices, there are some key differences when considering which platform best suits your goals and financial circumstances. Taking into account fees, services, customer reviews and features will help you decide which one to choose.

Trading 212 vs Freetrade – Which Is Better for UK Investors

Both online stockbrokers are authorised and regulated by the FCA, meaning they must adhere to the highest standards of financial conduct. Trading 212 makes money from subscriptions on its premium plans and service fees, while Freetrade makes the majority of its revenue through trading spreads between buy and sell prices on its platform.

Trading 212 and Freetrade are both highly rated by their customers, with both scoring 4.6 out of 5 on Trustpilot, the independent review site. Many reviews compliment the platform on its user-friendly design and accessibility for beginners.

Both platforms also provide a variety of different account types, including Stocks and Shares Individual Savings Accounts (ISAs), and Self-Invested Personal Pensions (SIPPs). Freetrade offers the advantage of being able to open a Lifetime ISA, which may make it better suited for those who prioritize retirement planning.