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.
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 both cater to UK investors, but they offer different options for trading and investing. Freetrade allows users to trade shares and Exchange Traded Funds (ETFs), along with an opportunity to invest in trusts. While it doesn't support cryptocurrency, Contracts for Difference (CFDs), or bond trading, Freetrade still earns a solid 4-star rating from UK.StockBrokers.com for its investment choices, ranked 13th out of 18 brokers.
In comparison, Revolut provides share trading and a platform for trading cryptocurrencies, which makes it unique from Freetrade. However, Revolut lacks offerings in areas like ETFs, investment trusts, or any form of bond trading. Although Revolut doesn't have a ranking for investment choices by UK.StockBrokers.com, it holds a respectable 3.5-star rating for its available options. Both platforms do not offer advisor services or spread betting, making them straightforward choices for DIY investors.
| Feature |
Freetrade
|
Revolut
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | No | No |
| ETFs | Yes | No |
| Funds | No | No |
| Bonds - Government (Gilts) | No | No |
| Investment Trusts | Yes | No |
| Spread Betting | No | No |
| Crypto Trading | No | Yes |
| Advisor Services | No | No |
| Investment Choices |
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Professional’s Gateway to the World’s Markets.
Low-cost US and UK shares.
When comparing Freetrade and Revolut for their trading tools, both platforms fall short in charting features. Neither Freetrade nor Revolut provides options for displaying corporate events such as earnings, splits, or dividends on charts. Users will also find that both brokers lack drawing tools and technical indicators, as well as the option to add notes, index overlays, and stock overlays to charts. However, if you're seeking a browser-based trading platform, Freetrade has the upper hand by offering this feature, unlike Revolut.
Both Freetrade and Revolut deliver essential tools such as real-time market data and the ability to set alerts for stock price updates, catering to investors who need up-to-the-minute information. Despite the minimal charting features, Freetrade and Revolut ensure that users can stay informed about market movements with their real-time capabilities. While Revolut primarily focuses on mobile trading, Freetrade caters to those who prefer the flexibility of trading on different devices with its browser-based platform.
| Feature |
Freetrade
|
Revolut
|
|---|---|---|
| Web Platform | Yes | No |
| Stock Alerts | Yes | Yes |
| Charting - Indicators / Studies | 0 | 0 |
| Charting - Drawing Tools | 0 | 0 |
| Charting - Notes | No | No |
| Charting - Display Corporate Events | No | No |
| Charting - Stock Overlays | No | No |
| Charting - Index Overlays | No | No |
When considering online brokers for retirement accounts, Freetrade and Revolut present distinct offerings. Freetrade stands out by providing Individual Savings Accounts (ISAs) and Self-Invested Personal Pensions (SIPPs), making it a comprehensive choice for those looking to manage both ISAs and retirement funds in one place. In contrast, Revolut does not currently offer ISAs or SIPPs, potentially limiting options for investors specifically seeking these types of retirement accounts. This difference highlights Freetrade's broader approach in catering to those wanting a diverse retirement planning strategy over Revolut's current offerings.
Dive deeper: Best SIPP Providers, Best Stocks and Shares ISA Providers.
Freetrade and Revolut both offer versatile mobile trading apps available on iPhone and Android, making stock trading accessible for users on the go. According to UK.StockBrokers.com, Freetrade's app earns a solid 4-star rating, standing out among 18 brokers with a commendable rank of #8 for its mobile experience. Revolut's app also holds a 4-star rating, though it is not ranked among these brokers. Both platforms provide robust solutions for mobile users, catering to modern trading needs with ease and efficiency.
Dive deeper: Best Stock Trading Apps UK.
When comparing the beginner investor educational resources of Freetrade and Revolut, both platforms fall short in offering webinars or archived videos. However, Freetrade stands out by providing education on share trading, funds, and retirement, areas where Revolut offers no educational content. Both Freetrade and Revolut received a 3.5-star rating from UK.StockBrokers.com for their beginner education offerings. Notably, Freetrade is ranked 9th among 18 brokers, while Revolut is not ranked at all. Overall, Freetrade offers more in-depth educational resources for novice investors than Revolut.
| Feature |
Freetrade
|
Revolut
|
|---|---|---|
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Education (Share Trading) | Yes | No |
| Education (Funds) | Yes | No |
| Education (Retirement) | Yes | No |
| Education |
|
|
Dive deeper: Best UK Trading Platforms for Beginners.
When comparing the market research features between Freetrade and Revolut, both platforms lack research reports for funds but excel in displaying portfolio allocation by asset class. Users will find shares research available from both Freetrade and Revolut, though Freetrade provides additional insight by offering ETFs research, which Revolut does not. Neither platform offers research on funds, CFDs, or bonds, making them quite similar in these areas. Overall, both platforms provide basic research tools, with Freetrade having a slight edge with its ETF research offerings.
| Feature |
Freetrade
|
Revolut
|
|---|---|---|
| Research - Shares | Yes | Yes |
| Research - CFDs | No | No |
| Research - ETFs | Yes | No |
| Research - Bonds | No | No |
| Research - Funds | No | No |
| Fund Research - Research Reports | No | No |
| 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
|
Revolut
|
|---|---|---|
| Overall Rating |
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| Charges & Fees |
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| Mobile App |
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| Website |
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While Freetrade does not offer crypto trading, Revolut provides this feature, making Revolut an appealing option for those interested in cryptocurrency investments.
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0 of 5| Overall Rating | Freetrade | Revolut | |
|---|---|---|---|
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| Website |
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| Ease of Use |
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| Review | Freetrade Review | Revolut Review | |
| Winner | check_circle |
| Investments | Freetrade | Revolut | |
|---|---|---|---|
| ISA | Yes | No | |
| SIPP | Yes | No | |
| Share Trading | Yes | Yes | |
| CFD Trading | No | No | |
| Funds | No | No | |
| ETFs | Yes | No | |
| Bonds - Corporate | No | No | |
| Bonds - Government (Gilts) | No | No | |
| Investment Trusts | Yes | No | |
| Spread Betting | No | No | |
| Crypto Trading | No | No | |
| Advisor Services | No | No |
| 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 | No | |
| iPhone App | Yes | Yes | |
| Android App | Yes | Yes | |
| Stock Alerts | Yes | Yes | |
| Charting - Indicators / Studies | 0 | 0 | |
| Charting - Drawing Tools | 0 | 0 | |
| Charting - Notes | No | No | |
| Charting - Display Corporate Events | No | No | |
| Charting - Stock Overlays | No | No | |
| Charting - Index Overlays | No | No |
| Research | Freetrade | Revolut | |
|---|---|---|---|
| Research - Shares | Yes | Yes | |
| Research - CFDs | No | No | |
| Research - Funds | No | No | |
| Fund Research - Research Reports | No | No | |
| Research - ETFs | Yes | No | |
| Research - Bonds | No | No | |
| Portfolio Allocation Breakdown | Yes | Yes |
| Education | Freetrade | Revolut | |
|---|---|---|---|
| Education (Share Trading) | Yes | No | |
| Education (Funds) | Yes | No | |
| Education (Retirement) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No |
| Overall Summary | Freetrade | Revolut | |
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| Review | Freetrade Review | Revolut Review | |
| Winner | check_circle |
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