Freetrade is an award-winning, commission-free investing application. In the investment industry, high commissions and clunky products can make it complicated for people to start their investment journeys. This is where Freetrade comes in by offering a simple, transparent freemium pricing model where the user can pay for the premium features they want. The company is an FCA-regulated stockbroker and a member of the London Stock Exchange. Its new proprietary brokerage platform, Invest by Freetrade, has scaled smoothly while keeping costs low. It also consists of new features such as free Instant Orders & real-time deposits compatible with Apple Pay/Google Pay. The company has also shipped fractional shares, breaking down another barrier to investing. 150,000+ customers are enrolled in the ecosystem with a 500% growth Year-on-Year (YoY). The company's app won the Best Online Trading Platform at the British Bank Awards 2019 and 2020. With the investment, the company aims to grow engineering & marketing and continue expansion into Europe.
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Freetrade Rating Review
Pitch rating powered by CROWDRATING™
Rated on 04/06/2020
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£140,000,000
pre-money valuation
0.71%
equity available
5,981
investors
£1,173
pledge per investor
09797821
company number
Active
company status
28/09/2015
incorporated 9 years
£2.51
share price
Previous Funding rounds
26 Apr 24 | Crowdcube | £7,015,011 / 702% | 75.00% |
26 Apr 24 | Crowdcube | £3,793,410 / 379% |
Officers
News
Freetrade, Britain's answer to Robinhood, posted its first quarterly profit - CNBC
15/04/2024 CNBC
UK trading app Freetrade disables orders to buy U.S. stocks - Yahoo Movies UK
23/04/2024 Yahoo Movies UK
Freetrade drives global growth with comprehensive, flexible ongoing customer screening - ComplyAdvantage
16/10/2023 ComplyAdvantage
Freetrade launches £2,100 free share offer for Isa and Sipp transfers - This is Money
28/02/2024 This is Money
Freetrade founder on why a startup never really stops being a startup - Raconteur
18/08/2023 Raconteur
Freetrade Achieves Breakeven: £100,000 EBITDA amid £8.3 Million Loss Recovery - Finance Magnates
15/04/2024 Finance Magnates
Freetrade to offer cash ETFs on platform - ETF Stream
20/11/2023 ETF Stream
Freetrade's new easy-access funds aim to beat top savings rates - MoneyWeek
20/11/2023 MoneyWeek
Stock trading app Freetrade crashes to earth with 65pc drop in valuation - The Telegraph
13/06/2023 The Telegraph
Freetrade Review: Are they safe to trade stocks and is it really free? - Good Money Guide
07/01/2024 Good Money Guide
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What the ratings mean
RISK WARNING - The ratings are based on the information provided in the fund raiser’s pitch deck, business plans and financial forecasts which have appeared on a FCA regulated crowdfunding site. Where possible we validate the business plan to public sources such as LinkedIn, Companies House, Credit Agencies and internet searches. We cannot guarantee the information is correct. The ratings report takes no account of the investors/ individual circumstances. Do your own due diligence and get professional advice before investing. Your capital is at risk when investing in private companies.