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Freetrade is a digital platform that lets users buy and sell stocks and ETFs without commissions across the UK, US, and Europe. It operates on a freemium model with a Standard plan and a Plus plan, offering features like fractional US shares, automated orders, and deeper stock fundamentals, with a foreign exchange fee for USD and EUR trades. It stands out by offering simple pricing, broad market access, fractional shares, and ISA integration to help beginners start investing with low upfront costs. Its goal is to make investing affordable and accessible for a wide range of investors while supporting long-term wealth-building through diversified stock and ETF choices.
Industries
Fintech
Financial Services
Company Size
201-500
Company Stage
Acquired
Total Funding
$364.2M
Headquarters
London, United Kingdom
Founded
2016
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Total Funding
$364.2M
Above
Industry Average
Funded Over
13 Rounds
Hybrid Work Options
Flexible Work Hours
Health Insurance
Pension
Private Health Insurance
Paid Sick Leave
IG Group acquired investment app Freetrade for £160 million, while Worldpay purchased fraud detection platform Ravelin.
IG Group Holdings plc has completed the acquisition of Freetrade as of 1 April 2025. The deal was initially announced on 16 January 2025. Breon Corcoran, CEO of IG, expressed enthusiasm about integrating Freetrade, while Viktor Nebehaj, CEO of Freetrade, highlighted the benefits of IG's resources in accelerating product rollout and growth strategy.
Freetrade also launched UK Treasury bill investing, which are shorter-term investments, while gilts are longer-term investments.
The deal is currently expected in mid-2025
IG Group said it was buying online trading platform Freetrade for £160m as it looked to expand its UK investment offering.
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Industries
Fintech
Financial Services
Company Size
201-500
Company Stage
Acquired
Total Funding
$364.2M
Headquarters
London, United Kingdom
Founded
2016
Find jobs on Simplify and start your career today