Full-Time

Backend Product Engineer - Mid-level

Freetrade

Freetrade

201-500 employees

Commission-free stock and ETF trading platform

Compensation Overview

£52k - £75k/yr

+ Bonus

London, UK

Hybrid

Hybrid: 3 in-office days per week in London (Mon/Tue/Thu) and 2 remote days (Wed/Fri).

Category
Software Engineering (1)
Required Skills
Kubernetes
Python
Git
SQL
Java
Docker
Microservices
Go
REST APIs
Linux/Unix
Requirements
  • At least 2+ years of professional software engineering experience.
  • Be comfortable in an on-call environment, responding to high-priority issues and knowing when to escalate them.
  • Have a genuine interest in the world of investments.
  • Stay current with technology trends and actively apply good engineering practices in day-to-day work.
  • Collaborate openly, share knowledge with teammates, and take shared ownership of software design decisions.
  • Hold yourself to a high bar for code quality and are receptive to constructive feedback as well as able to give it.
  • Can work through complex and unfamiliar problems with a clear head, knowing when to push through independently and when to loop in the right people.
Responsibilities
  • Develop high-quality software within agreed timelines, addressing complex problems by proposing various solutions and considering trade-offs to assist your team in making effective technical decisions.
  • Solve technical challenges by delivering scalable and maintainable solutions efficiently, while balancing trade-offs.
  • Understand the core features and KPIs of your product, working closely with the Product Manager to drive the product’s development.
  • Be comfortable in an on-call environment, responding to high-priority issues and knowing when to escalate them.

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.

Company Size

201-500

Company Stage

Acquired

Total Funding

$364.2M

Headquarters

London, United Kingdom

Founded

2016

Simplify Jobs

Simplify's Take

What believers are saying

  • IG Group acquisition completed April 1, 2025, provides £160 million resources.
  • Plus plan delivers 3.5% AER on £3,000 cash and 0.39% FX fees.
  • Pre-market trading and recurring orders now free for Basic users.

What critics are saying

  • IG integration fails, causing product delays and user churn to AJ Bell.
  • FCA tightens SFTR rules, suspending Sharegain lending in 6-18 months.
  • Hargreaves Lansdown matches zero commissions, eroding Freetrade margins.

What makes Freetrade unique

  • Freetrade provides commission-free access to 7,000+ stocks, ETFs, gilts, and Treasury bills.
  • Basic plan offers free ISA, SIPP, and 1% AER on £1,000 uninvested cash.
  • Share lending via Sharegain generates passive income for retail clients.

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Benefits

Hybrid Work Options

Flexible Work Hours

Health Insurance

Pension

Private Health Insurance

Paid Sick Leave

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-3%

2 year growth

-3%
Payments Cards & Mobile
Jul 1st, 2025
European fintech M&A surges in 2025 on wave of consolidation

IG Group acquired investment app Freetrade for £160 million, while Worldpay purchased fraud detection platform Ravelin.

FF News
Apr 3rd, 2025
IG Group Completes Freetrade Acquisition

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.

Good Money Guide
Feb 19th, 2025
Freetrade launches Gilt investing in 9 UK Government bonds

Freetrade also launched UK Treasury bill investing, which are shorter-term investments, while gilts are longer-term investments.

Investment International
Jan 17th, 2025
IG Group to buy investment platform for £160m

The deal is currently expected in mid-2025

Sharecast
Jan 16th, 2025
IG Group snaps up trading app Freetrade for £160m

IG Group said it was buying online trading platform Freetrade for £160m as it looked to expand its UK investment offering.