Updated September 29, 2026 · SumCue Editorial Team
Freetrade vs Raisin
Freetrade
Higher score in this comparison
Raisin
What sets them apart
| Compare | FreetradeReviewSee alternativesSee alternatives | RaisinReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | £1Lower | £100 |
| Regulators | Financial Conduct Authority (FCA) | Bezirksamt Friedrichshain Kreuzberg (financial investment intermediary register, registration D F 107 QQ43 76) |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Account types | ISA, SIPP, JisaCovers more | ISA |
| Stock trade fee | £0 | Not confirmed |
| Markets | Stocks, ETFs, Bonds, Funds | Not confirmed |
| Currency conversion fee | 0.99% | Not confirmed |
| Platforms | App, Web | Not confirmed |
| Interest on cash | 1% | Not confirmed |
Same on both: Account fee (£0).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Regulators: only Freetrade offers Financial Conduct Authority (FCA).
- Regulators: only Raisin offers Bezirksamt Friedrichshain Kreuzberg (financial investment intermediary register, registration D F 107 QQ43 76).
- Founded is lower at Raisin: 2012 vs 2016.
- Raisin is available in 9 more countries.
- Minimum deposit is lower at Freetrade: £1 vs £100.
- Account types: only Freetrade offers SIPP, Jisa.
- Support channels: only Freetrade offers Chat.
- Support channels: only Raisin offers Phone.
- Pricing model: only Freetrade offers Commission free.
- Pricing model: only Raisin offers No monthly fee.
Our verdict on each
Freetrade
Freetrade suits UK beginners and anyone opening an ISA or a pension, since dealing carries no charge and the platform is built for small, regular buys. Its overall score of 3.3 is held back by a narrow market list and support without a phone line.
Raisin
Raisin is a savings marketplace with an easy-access account, an ISA and no monthly charge, so it suits UK savers who want one place to hold cash. Its headline rate of 4.15% sits above the 3% median across the site, and the minimum deposit starts at £100.
Score breakdown
| Area | Freetrade | Raisin |
|---|---|---|
| Cost | 9.1HigherBoth charges sit at the floor: account fee £0, stock trade fee £0, ranked 1 of 166. | 8.8Account fee and monthly fee are £0 and £0, and the headline rate of 4.15% sits above the site median of 3%. |
| Offer | 9.0HigherAccounts listed are isa, sipp and jisa, features cover fractional shares, mobile app and demo account, and the minimum deposit is £1. | 8.9 |
| Trust | 8.5 | 8.7Higher |
Feature by feature
| Account types | Freetrade | Raisin |
|---|---|---|
| ISA | Yes | Yes |
| SIPP | Yes | No |
| Jisa | Yes | No |
Where each is licensed and available
| Country | Freetrade | Raisin |
|---|---|---|
| United Kingdom | Not confirmed |
Available in 1 country for both. Additional countries for Raisin: 9.
How they place
| Ranking | Freetrade | Raisin |
|---|---|---|
| Investing | 273 of 654 | 280 of 654 |
| Stocks and shares ISAs | 11 of 25 | 12 of 25 |
If neither fits
Hargreaves Lansdown has minimum deposit at £0, against £1 for Freetrade and £100 for Raisin.
Hargreaves Lansdown reviewEvery fact side by side
| Fact | Freetrade | Raisin |
|---|---|---|
| Features | Fractional shares, Mobile app, Demo account | Not confirmed |
| Pricing model | Commission free | No monthly fee |
| Audience | Beginners | Not confirmed |
| Legal entity | Freetrade Limited | Raisin SE |
| Headquarters | United Kingdom | Germany |
| Founded | 2016 | 2012Lower |
| Support channels | Email, Chat, Help centre | Phone, Email, Help centre |
Savings
| Fact | Freetrade | Raisin |
|---|---|---|
| Headline rate | Not confirmed | 4.15% |
| Rate type | Not confirmed | Variable |
| Deposit protection | Not confirmed | FSCS up to GBP 85,000 |
| Access terms | Not confirmed | Easy access savings account on the Raisin UK marketplace: top up and withdraw at your convenience, no fixed term |
| Monthly fee | Not confirmed | £0 |
| Account kind | Not confirmed | Easy access |
Robo-advisors
| Fact | Freetrade | Raisin |
|---|---|---|
| Management fee | Not confirmed | 0% |
| Minimum investment | Not confirmed | $1 |
| Portfolio types | Not confirmed | Cash |
Where each stands against the rest
| Fact | Freetrade | Raisin | Median |
|---|---|---|---|
| Minimum deposit | £1below the median | £100above the median | £15 |
| Stock trade fee | £0at the median | Not confirmed | £0 |
| Account fee | £0at the median | £0at the median | £0 |
| Currency conversion fee | 0.99%highest quarter | Not confirmed | 0.4% |
| Interest on cash | 1%lowest quarter | Not confirmed | 2.875% |
Median across 77 listed providers.
Pros and cons
Freetrade
Pros
- Dealing is commission free: the stock trade fee is £0 and the account fee is £0, so keeping the account open costs nothing in fees.
- A minimum deposit of £1 lets a position build up gradually, and cash waiting to be invested earns 1%.
- The account list is isa, sipp and jisa, so a pension, a tax-sheltered investment account and a junior account sit under the same login.
Cons
- Currency conversion costs 0.99%, where the typical fee across ISA and SIPP listings is 0.75%, putting it at the pricier end of that set for anyone buying in dollars or euros.
- Support runs on email, chat and help centre only, with no phone line among them, which is awkward when a position is moving fast.
- The market list stops at stocks, etfs and bonds, so anyone wanting forex or derivatives finds fewer instruments here than at a trading-focused broker.
Raisin
Pros
- The account fee and monthly fee are £0 and £0, so holding cash costs nothing
- The headline rate of 4.15% is above the site median of 3%
- The account is easy access, so you can top up and withdraw with no fixed term
Cons
- Protection on investments is EU ICS up to EUR 20,000, well below the FSCS up to GBP 85,000 that covers savings
- The rate is variable, so the headline figure can move
- The minimum deposit of £100 is above the €0.88 median across the site
Who each suits
Freetrade
Who it suits
- Beginners taking small first steps, since the stated audience is beginners and fractional shares plus a demo account sit in fractional shares, mobile app and demo account.
- ISA and pension savers who want isa, sipp and jisa under a single login with a minimum deposit of £1.
- Cost-focused investors, for whom an account fee of £0 and a stock trade fee of £0 keep holding inexpensive.
Who should look elsewhere
- Anyone who wants everyday banking rather than isa, sipp and jisa: bunq is a bank account with a minimum deposit of €10, so it fits savers who need a current account, not a dealing platform.
- Traders who want a market range wider than stocks, etfs and bonds: CFI is the one to weigh instead, with a minimum deposit of $0.
- People after a lender rather than an investment account: Fiesta Credito MX is regulated by CONDUSEF, so it serves borrowing in Mexico rather than investing in the UK.
Raisin
Who it suits
- UK savers who want a variable rate and no monthly charge
- Anyone holding an ISA who values easy access over a fixed term
- Savers comfortable choosing a marketplace rather than a single bank's savings account
Who should look elsewhere
- Vantage or eToro readers who want to pick and trade investments rather than hold savings
- Vivid Plus readers who want a multi-currency account with a card
- Anyone whose balance sits above the protection on investments
Current offers
Raisin
Current offer
Bonus
Earn up to $1,000 cash bonus: up to $1,000
New customers only, qualifying balances, code STACK
Source, checked September 26, 2026
Country by country
| Country | Freetrade | Raisin |
|---|---|---|
| Austria | No | Yes |
| Finland | No | Yes |
| France | No | Yes |
| Germany | No | Yes |
| Ireland | No | Yes |
| Netherlands | No | Yes |
| Poland | No | Yes |
| Spain | No | Yes |
8 of 10 countries where either is available.
Questions about each
Freetrade
What does it cost to hold and trade shares?+
The account fee is £0 and the stock trade fee is £0, on a commission-free model, so opening and holding an account adds no charge. The cost that does appear is currency conversion at 0.99% whenever you buy or sell something priced in another currency. Budget for that if your holdings are not all in sterling.
How much do I need to start investing?+
The minimum deposit is £1, which keeps the entry point low. Cash waiting to be invested earns 1%, so the balance is not idle while you decide what to hold. A small starting amount suits regular contributions rather than a single lump sum, and the account fee adds nothing to the running cost.
Raisin
What rate does Raisin pay on its easy-access savings account?+
The easy-access account pays a variable rate of 4.15%. Because the rate type is variable, that figure can change, so the headline number is a starting point rather than a promise. The account carries no fixed term.
Is there any monthly or account fee at Raisin?+
No. The account fee is £0 and the monthly fee is £0, so there is no monthly charge on the easy-access account. The account kind is easy access, which suits a no monthly fee model.
Other options to compare
Other matchups
Freetrade
Raisin