Written by StockBrokers.com
In this head to head comparison of Freetrade vs Revolut, we will compare the trading platforms, mobile apps, investment options, costs, market research, and more. Let's dive in.
Your capital is at risk.
Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, Freetrade offers better pricing than Revolut for share dealing.
Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.
5 trades per year - Freetrade would cost £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) per year, while Revolut would cost £0 per year.
12 trades per year - Freetrade would cost £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) per year, while Revolut would cost £0 per year.
36 trades per year - Freetrade would cost £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) per year, while Revolut would cost £47.88 per year.
120 trades per year - Freetrade would cost £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) per year, while Revolut would cost £540 per year.
3 fund trades per year - Freetrade would cost £1 per year, while Revolut would cost £0 - £540 per year.
What type of trader are you?
New to the world of investing? See our picks for the Best UK Trading Platforms for Beginners. More experienced traders should read our guide to the Best UK Trading Platforms for Active Traders.
Freetrade and Revolut are two of the prominent brokers available for UK investors, each providing a different suite of investment choices. Freetrade allows users to trade shares, exchange-traded funds (ETFs), and investment trusts, making it a suitable option for traditional stock and ETF enthusiasts. On the other hand, Revolut offers share and cryptocurrency trading, appealing to those interested in the dynamic world of digital assets. However, both platforms do not support spread betting, CFD trading, nor do they offer trading in funds, bonds, or advisory services.
In terms of investment choices, UK.StockBrokers.com rates Freetrade with 4 stars, slightly ahead of Revolut, which garners a 3.5-star rating. This difference is reflected in their rankings, with Freetrade securing the 17th spot out of 21 brokers while Revolut ranks 19th. Investors should consider which investment options align with their strategies when choosing between these two services.
| Feature |
Freetrade
|
Revolut
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | ||
| ETFs | Yes | |
| Funds | ||
| Bonds - Government (Gilts) | ||
| Investment Trusts | Yes | |
| Spread Betting | ||
| Crypto Trading | Yes | |
| Advisor Services | ||
| Investment Choices |
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Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
When comparing the trading tools provided by Freetrade and Revolut, both platforms make stock price alerts and real-time market data accessible to their users, enhancing the overall trading experience by keeping investors informed of market shifts. However, when it comes to chart customization, neither Freetrade nor Revolut provide the options to display corporate events such as earnings, splits, or dividends, nor do they offer drawing tools, technical indicators, or the ability to annotate charts. Both platforms also lack options for adding index or stock overlays, which might limit more in-depth analysis for some investors.
Freetrade distinguishes itself with a browser-based trading platform, allowing users the flexibility to trade online from any device with internet access, while Revolut has not made this feature available. This accessibility can be a crucial factor for users who prefer trading through web browsers. Despite these differences, the trading experience on both platforms is streamlined for those seeking straightforward investment options without the complexities often found in more advanced trading apps.
| Feature |
Freetrade
|
Revolut
|
|---|---|---|
| Web Platform | Yes | |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 0 | 0 |
| Charting - Drawing Tools | 0 | 0 |
| Charting - Notes | ||
| Charting - Display Corporate Events | ||
| Charting - Stock Overlays | ||
| Charting - Index Overlays |
When comparing online brokers Freetrade and Revolut for UK readers, it's important to note that both companies provide distinct offerings for retirement accounts. Freetrade excels by offering both ISA and SIPP accounts, making it a strong choice for those seeking flexible options to manage their savings efficiently. Unfortunately, Revolut does not currently offer ISA or SIPP accounts, limiting the retirement savings opportunities available through its platform. Freetrade's provision of these accounts might appeal more to those focused on long-term financial planning in the UK.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
For UK users interested in online trading, both Freetrade and Revolut offer convenient mobile apps available on iPhone and Android devices. According to UK.StockBrokers.com, both platforms' mobile apps are rated at 4 out of 5 stars, reflecting a balanced level of satisfaction among users. However, when ranked against 21 brokers for mobile app performance, Freetrade takes the edge at 12th place, while Revolut follows closely at 14th. This subtle distinction may guide users in choosing between these apps based on their specific trading needs and preferences.
Dive deeper: Best Stock Trading Apps UK.
For those new to investing, choosing between Freetrade and Revolut for educational resources can be crucial. Freetrade offers detailed guidance on share trading, funds, and retirement, whereas Revolut appears to lack educational content in these areas. Neither Freetrade nor Revolut currently provide educational client webinars, including those archived for later viewing. Both platforms have received a beginner education rating of 3.5 stars from UK.StockBrokers.com. However, Freetrade ranks slightly higher at 16th out of 21 brokers, compared to Revolut's position at 21st. UK investors should consider these differences when selecting a platform for enhancing their investment knowledge.
| Feature |
Freetrade
|
Revolut
|
|---|---|---|
| Client Webinars | ||
| Client Webinars (Archived) | ||
| Education (Share Trading) | Yes | |
| Education (Funds) | Yes | |
| Education (Retirement) | Yes | |
| Education |
|
|
Dive deeper: Best UK Trading Platforms for Beginners.
For UK investors comparing market research features, both Freetrade and Revolut provide useful tools for portfolio analysis, offering insight into portfolio allocation by asset class to help users understand their investment distribution. When it comes to research capabilities, Freetrade delivers resources for shares and ETFs, while Revolut also covers shares research but lacks clarity on ETFs and other asset classes. Neither Freetrade nor Revolut provides detailed research reports or insights for funds, CFDs, or bonds, indicating a gap for those seeking comprehensive market research on these products.
| Feature |
Freetrade
|
Revolut
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | ||
| Research - ETFs | Yes | |
| Research - Bonds | ||
| Research - Funds | ||
| Fund Research - Research Reports | ||
| Portfolio Allocation Breakdown | Yes | Yes |
Which broker is better overall, Freetrade or Revolut? After collecting more than 900 data points over a 10-week period, we found Freetrade to be a better trading platform overall.
Overall Freetrade is a great platform to help you get to grips with investing. Costs are low, and its user-friendly mobile app offers great investment inspiration. Sophisticated investors, however, may find that other platforms offer a wider range of investment options and tools.
| Feature |
Freetrade
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Revolut
|
|---|---|---|
| Overall Rating |
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| Charges & Fees |
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| Investment Choices |
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| Mobile App |
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| Website |
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| Ease of Use |
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| Education |
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When comparing online brokers, it's important to note that while Revolut offers crypto trading, Freetrade does not provide this service.
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0 of 5| Overall Rating | Freetrade | Revolut | |
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| Website |
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| Review | Freetrade Review | Revolut Review | |
| Winner | check_circle |
| Investments | Freetrade | Revolut | |
|---|---|---|---|
| ISA | Yes | ||
| SIPP | Yes | ||
| Share Trading | Yes | Yes | |
| CFD Trading | |||
| Funds | |||
| ETFs | Yes | ||
| Bonds - Corporate | |||
| Bonds - Government (Gilts) | |||
| Investment Trusts | Yes | ||
| Spread Betting | |||
| Crypto Trading | |||
| Advisor Services |
| Trading Fees | Freetrade | Revolut | |
|---|---|---|---|
| Minimum Deposit | £1 | £0 - £540 | |
| Share Trading: 0-9 Deals/ Month | £0 | £0 | |
| Share Trading: 10-19 Deals/ Month | £0 | 0.25% or £1 | |
| Share Trading: 20+ Deals/ Month | £0 | 0.25% or £1 | |
| 5 trades per year (£30k portfolio) | £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) | £0 | |
| 12 trades per year (£30k portfolio) | £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) | £0 | |
| 36 trades per year (£30k portfolio) | £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) | £47.88 | |
| 120 trades per year (£30k portfolio) | £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) | £540 | |
| 3 fund trades per year (£30k portfolio) | N/A | N/A | |
| Annual Custody Fee: £0 - £250,000 | £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) | £0 - £45 | |
| Annual Custody Fee: £250K-£500K | £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) | £0 - £45 | |
| Annual Custody Fee: £500,000 - £1m | £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) | £0 - £45 | |
| Annual Custody Fee: £1m and over | £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) | £0 - £45 | |
| Bonds - Corporate - Fee | N/A | N/A | |
| Bonds - Government (Gilts) - Fee | N/A | N/A | |
| ETFs - Fee | £0 | N/A | |
| Investment Trusts - Fee | £0 | N/A | |
| Telephone Dealing Fee | N/A | N/A |
| Broker Screenshots | Freetrade | Revolut | |
|---|---|---|---|
| Website Gallery (click to expand) |
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| Mobile Trading Apps Gallery (click to expand) |
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| Education Gallery (click to expand) |
| Platforms & Tools | Freetrade | Revolut | |
|---|---|---|---|
| Web Platform | Yes | ||
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 0 | 0 | |
| Charting - Drawing Tools | 0 | 0 | |
| Charting - Notes | |||
| Charting - Display Corporate Events | |||
| Charting - Stock Overlays | |||
| Charting - Index Overlays |
| Research | Freetrade | Revolut | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | |||
| Research - Funds | |||
| Fund Research - Research Reports | |||
| Research - ETFs | Yes | ||
| Research - Bonds | |||
| Portfolio Allocation Breakdown | Yes | Yes |
| Education | Freetrade | Revolut | |
|---|---|---|---|
| Education (Share Trading) | Yes | ||
| Education (Funds) | Yes | ||
| Education (Retirement) | Yes | ||
| Client Webinars | |||
| Client Webinars (Archived) |
| Overall Summary | Freetrade | Revolut | |
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| Review | Freetrade Review | Revolut Review | |
| Winner | check_circle |
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