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Freetrade is taking another step towards becoming a fee-free platform, with its self-invested personal pension (Sipp) and mutual funds becoming free in January 2026.
This means you’ll be able to hold each one of its investment accounts and access Freetrade’s entire range of investments while paying zero platform fees.
The Sipp is currently only available on Freetrade’s most expensive tier, which costs £11.99 a month, or £9.99 a month if paid for annually.
This means those who pay monthly for their Freetrade Sipp will save nearly £144 when the changes kick in.
Freetrade has been transforming its platform this year after its takeover by IG. It made its stocks and shares Isa free in September and introduced funds – this broader range of investments makes it stand out against rivals such as Trading 212 and Prosper.
Viktor Nebehaj, chief executive of Freetrade, said: ‘By making our Sipp free and unlocking mutual funds, our customers will keep more of their hard earned money. We’re removing a key cost barrier that may hold back some from getting started in the first place.’
> Open an account with Freetrade*
Freetrade will lock advanced features behind its paid tiers rather than accounts
When does the pricing change – and how does it compare?
This is Money says: Freetrade’s fee-free Sipp comes into effect on 22 January 2026, landing almost at the same time as pricing changes from Interactive Investor.
Freetrade seems to slowly be positioning itself as a very low-cost platform, with the upcoming changes set to make it unique among competitors.
The platform will still offer paid tiers, but these simply give you access to more advanced tools and priority customer service.
You’ll also get lower foreign exchange charges and more interest on uninvested cash when paying for a subscription, which could suit certain types of investor.
> Read more: Our round-up of the best Sipps
This is because it will offer both a full range of accounts and a full range of investments with no account fees to pay.
For example, Prosper* already offers a fee-free Sipp, but you can’t buy individual stocks and shares on the platform – instead you can choose from around 200 funds. Read more in our Prosper review.
Trading 212* doesn’t charge account fees and has a good range of stocks and ETFs, but you can’t buy funds and it doesn’t currently offer a Sipp. Find out more in our review of Trading 212.
InvestEngine has a Sipp and doesn’t charge account fees, but it only offers ETFs. You can also only transfer pensions from Hargreaves Lansdown and Vanguard currently.
Freetrade’s new pricing from January 2026 (source: Freetrade)
Freetrade currently has 450 funds available, with more on the way.
By comparison fund supermarkets such as Hargreaves Lansdown and Interactive Investor offer more than 3,000, so it remains to be seen whether Freetrade can offer the same broad range.
That being said, 450 should be plenty to get started – here’s how to invest if you’re a beginner, with key terms explained.
We recently reviewed Freetrade and found it intuitive, saying its pricing improvements made it worth another look.
> Open an account with Freetrade*
You can read our full round-up of the best investment platforms to compare all your options.
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