Freetrade

Freetrade has carved out a niche as a leading investment app in the UK, allowing users to trade without any commission fees. The app supports a variety of accounts, including a Stocks & Shares ISA where you can invest up to £20,000 tax-free each year. This is particularly appealing for savers focused on maximising their returns without the burden of additional taxes.

With access to over 7,000 stocks, ETFs, and funds, users can easily diversify their portfolios. The app's interface is intuitive, making it easy for new investors to navigate. Important features such as advanced order types and ready-made portfolios cater to both novice and experienced investors.

While Freetrade is excellent for long-term investors, it's less ideal for those engaging in frequent trading or advanced strategies. Users have reported some stability issues with the app, especially during peak trading times, which could be a concern for active traders. Additionally, customer support options could be more robust, as responses can be slow during busy periods.

For those who want a straightforward, commission-free investing experience, Freetrade is worth considering. However, traders looking for comprehensive tools and extensive customer service may want to explore alternatives like Trading 212 or eToro.