Freetrade Limited Brokerage Company
Freetrade is one of the few brokers that provide zero-fee investing. The company does not charge anything for its basic accounts and trades. At the same time, it offers multiple instruments for traders to trade, in a secure environment, supported by sophisticated technology.
The pricing structure of Freetrade is unique and efficient. The company offers two types of accounts- Basic and Alpha. The Basic account holders do not pay any commission on basic trades while paying £1 per trade for instant trades on the UK and US exchanges. Forex trades are charged at spot rate plus 0.45%.
On the other hand, Alpha account holders pay a monthly fee of £10 and receive free basic trades and free instant trades on the US exchanges. The instant trades on the UK exchanges are charged at £0.50 per trade. Forex rates are spot rate plus 0.45% while other transactions like bank transfer, custody, stocks and shares ISA are free.
Freetrade offers a variety of financial instruments to trade, including stocks and ETFs on almost all the major UK and US exchanges. The trading platform of Freetrade makes it easy for traders to find and explore stocks and ETFs of their interest.
The process of buying and selling of securities is simple and convenient on Freetrade. It is suitable for beginners as well as experienced traders. They can keep track of their portfolio and make trades, while being updated through the alerts, news, and feeds.
Overall, Freetrade is a revolution in the online brokerage industry. It is offering top-class services that are safe and secure while keeping the brokering commission-free.