Updated October 17, 2026 · SumCue Editorial Team
Freetrade vs Revolut UK
Revolut UK
Higher score in this comparison
Freetrade
Freetrade vs Revolut UK: the differences
| Compare | FreetradeReviewSee alternativesSee alternatives | Revolut UKReviewVisitVisit |
|---|---|---|
| Minimum deposit | £1 | £0Lower |
| Regulators | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC), LT BL, SIPC |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Currency conversion fee | 0.99% | 0% to 2%Lower |
| Account types | ISA, SIPP, Jisa | ISA, Joint |
| Stock trade fee | £0 | Not confirmed |
| Account fee | £0 | Not confirmed |
| Markets | Stocks, ETFs, Bonds, Funds | Not confirmed |
| Platforms | App, Web | Not confirmed |
| Interest on cash | 1% | Not confirmed |
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
- Revolut UK scores higher overall: 9.4 vs 8.8.
- Regulators: only Freetrade offers Financial Conduct Authority (FCA).
- Regulators: only Revolut UK offers Cyprus Securities and Exchange Commission (CySEC), LT BL, SIPC.
- Founded is lower at Revolut UK: 2015 vs 2016.
- Revolut UK is licensed in 2 more countries.
- Minimum deposit is lower at Revolut UK: £0 vs £1.
- Currency conversion fee is lower at Revolut UK: 0% to 2% vs 0.99%.
- Account types: only Freetrade offers SIPP, Jisa.
- Account types: only Revolut UK offers Joint.
- Support channels: only Revolut UK offers Phone.
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.
Revolut UK
For readers in the UK managing everyday money and investing in one place, Revolut UK works as a broker linked to app based accounts and cards. It suits people who want easy access savings alongside joint and ISA options with multi currency and investing choices.
Score breakdown
| Area | Freetrade | Revolut UK |
|---|---|---|
| Cost | 9.1Both charges sit at the floor: account fee £0, stock trade fee £0, ranked 1 of 166. | 9.7Higher |
| Offer | 9.0Accounts listed are isa, sipp and jisa, features cover fractional shares, mobile app and demo account, and the minimum deposit is £1. | 9.5Higher |
| Trust | 8.5 | 9.1Higher |
What each covers
| Account types | Freetrade | Revolut UK |
|---|---|---|
| ISA | Yes | Yes |
| SIPP | Yes | No |
| Joint | No | Yes |
| Jisa | Yes | No |
How they place
| Ranking | Freetrade | Revolut UK |
|---|---|---|
| Investing | 273 of 654 | 50 of 654 |
| Stocks and shares ISAs | 11 of 25 | 3 of 25 |
Every fact side by side
| Fact | Freetrade | Revolut UK |
|---|---|---|
| Features | Fractional shares, Mobile app, Demo account | Multi currency, Virtual card, Travel |
| Pricing model | Commission free | No annual fee |
| Audience | Beginners | Not confirmed |
| Legal entity | Freetrade Limited | Revolut Digital Assets (Europe) Ltd |
| Headquarters | United Kingdom | Cyprus |
| Founded | 2016 | 2015Lower |
| Support channels | Email, Chat, Help centre | Email, Chat, Phone, Help centreCovers more |
Credit cards
| Fact | Freetrade | Revolut UK |
|---|---|---|
| Annual fee | Not confirmed | €0 |
| APR | Not confirmed | 13.34% to 17.99% |
| Rewards type | Not confirmed | Points |
| Rewards rate | Not confirmed | 1.5 points per EUR1 |
| Card kind | Not confirmed | Credit |
Savings
| Fact | Freetrade | Revolut UK |
|---|---|---|
| Headline rate | Not confirmed | 4% |
| Rate type | Not confirmed | Variable |
| Deposit protection | Not confirmed | FSCS up to GBP 85,000 |
| Access terms | Not confirmed | Instant access via the Revolut app, fee-free withdrawals, no withdrawal limits |
| Monthly fee | Not confirmed | £0 |
| Account kind | Not confirmed | Easy access |
Debit cards
| Fact | Freetrade | Revolut UK |
|---|---|---|
| Free ATM withdrawals | Not confirmed | £200 |
| Card type | Not confirmed | Debit |
| Card network | Not confirmed | Visa |
| Currencies | Not confirmed | 160 |
Robo-advisors
| Fact | Freetrade | Revolut UK |
|---|---|---|
| Management fee | Not confirmed | 0% |
| Portfolio types | Not confirmed | ETF, Cash, Crypto |
Where each stands against the rest
| Fact | Freetrade | Revolut UK | Median |
|---|---|---|---|
| Minimum deposit | £1below the median | £0lowest quarter | £15 |
| Stock trade fee | £0at the median | Not confirmed | £0 |
| Account fee | £0at the median | Not confirmed | £0 |
| Currency conversion fee | 0.99%highest quarter | 0% to 2%below the median | 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.
Revolut UK
Pros
- Easy access account opened and managed through the Revolut app
- Joint and ISA account choices alongside ETF, cash and crypto portfolios
- Multi currency handling with virtual card support for travel spending
Cons
- Investments carry risk, and the value of holdings can fall as well as rise.
- Investing happens on an execution only basis, so every decision rests with the investor.
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.
Revolut UK
Who it suits
- People combining savings, cards and investing in one app
- Travellers handling more than one currency day to day
Who should look elsewhere
- Investors who want a firm to recommend which shares to buy.
- People who want only a traditional bank with local branches.
Country by country
| Country | Freetrade | Revolut UK |
|---|---|---|
| United Kingdom | Yes | No |
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.
Revolut UK
Which products does Revolut UK cover as a broker?+
Revolut UK covers brokerage with easy access savings alongside joint and ISA account types. Portfolios include ETF, cash and crypto holdings. Card use includes debit and credit options with virtual card support.
Who is Revolut UK suited to?+
It suits people who prefer managing savings and investing through an app. Multi currency features and travel support help everyday use abroad. Joint account choices also support shared household money.
Other options to compare
Other matchups
Revolut UK
Freetrade