Freetrade is a challenger stockbroker providing free stock trading on your mobile. Since overfunding again on Crowdcube in 2017, the company has built a community of over 30,000, become a UK-regulated financial institution and started the roll-out of its iOS app. Raising again to supercharge growth.
Freetrade is a next-generation investment platform. We bring our customers access to the UK and global stock markets, with zero commissions or fees.
We started Freetrade to make investing in the stock market easy and affordable. We believe everyone should be able to own a piece of the companies that power our economy.
In our opinion, stockbrokers in the UK don't serve the needs of most investors. Commissions are expensive, minimums are high and it's complicated to start investing. A recent survey showed 46% of Britons would like to invest in equity shares, but don't know how.
We built our tech stack from scratch. It's cloud-native, mobile-optimised and can scale to millions of customers. It means we can offer our basic service completely free.
Our revenue is based on a freemium model, charging for premium services, with 50% of our community eager to sign-up for our premium tier.
Since our successful Crowdcube raise last year (£1.1m, 360% overfunded), we have become an FCA-authorised financial institution, joined the London Stock Exchange and started the roll-out of our iOS app.
With over 30,000 on the waiting list, we are now raising capital to supercharge growth, expand into new markets and introduce cryptocurrencies to the platform.