# Freetrade

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/freetrade

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.freetrade.io/
- Total disclosed funding: $63M
- Latest round: Series B (Mar 22, 2021)
- Investors on record: 4

## About

Freetrade Limited, based in the UK, delivers a commission-free investment platform that empowers users to trade various financial instruments effortlessly.Founded in 2017 by Adam Dodds, Davide Fioranelli, and Viktor Nebehaj, Freetrade Limited operates from London, UK. The company has raised a total of GBP 160.00 mn through 6 funding rounds, with the most recent being a TRADE SALE in January 2025, when IG Group acquired Freetrade for GBP 160 million in cash, aimed at enhancing IG Group's trading services.Freetrade provides a commission-free investment platform that enables users to trade a wide array of financial instruments, including UK, US, and European stocks, as well as ETFs. Their main offerings include a General Investment Account (GIA), a Stocks and Shares Individual Savings Account (ISA), and a Self-Invested Personal Pension (SIPP), catering to diverse investment needs. The platform promotes unlimited commission-free trades, facilitating cost-effective investing for individual investors seeking an accessible way to manage their portfolios across both desktop and mobile platforms.In 2022, Freetrade reported a revenue of GBP 20,032,491.20 and an EBITDA of GBP -47,775,500.10. Revenue is generated primarily through subscription plans, including a Basic plan at no monthly fee, a Standard plan at GBP 4.99 per month, and a Plus plan at GBP 9.99 per month, each offering varying access to features and services, along with revenue from foreign exchange fees on certain transactions.Looking ahead, Freetrade plans to enhance its offerings and expand its market presence. The recent acquisition by IG Group, set to finalize on January 16, 2025, is expected to strengthen IG Group's trading capabilities and introduce new customer segments. The rationale behind the acquisition focuses on leveraging Freetrade’s platform to potentially introduce new products and services in the future.

## Funding rounds

- Series B, Mar 22, 2021, $49M — L Catterton, Molten Ventures, Left Lane Capital
- Series A, May 22, 2019, $15M — Molten Ventures, Crowdcube

## Investors

- Molten Ventures (https://capitalatlas.ai/funds/molten-ventures) — Series A, Series B
- Crowdcube (https://capitalatlas.ai/funds/crowdcube) — Series A
- L Catterton (https://capitalatlas.ai/funds/l-catterton) — Series B
- Left Lane Capital (https://capitalatlas.ai/funds/left-lane-capital) — Series B