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.
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 offer share trading, making them appealing options for UK investors looking to build a stock portfolio. However, they diverge when it comes to investment choices beyond shares. Freetrade allows trading of ETFs and investment trusts, providing diversity for investors interested in broader market exposure. In contrast, Revolut stands out by offering cryptocurrency trading, a feature that caters to those intrigued by digital currencies. Neither platform supports CFD trading, spread betting, nor trading in traditional and government bonds.
When assessed by UK.StockBrokers.com, Freetrade is rated higher at 4 stars versus Revolut's 3.5 stars for investment choices. Although Freetrade ranks 17th and Revolut 19th out of 21 brokers for investment options, each has unique strengths that may cater to different investor preferences. While Freetrade's edge lies in ETF and investment trust trading, Revolut captures the growing interest in cryptocurrency, making the choice between them a matter of personal investment goals.
| Feature |
Freetrade
|
Revolut
|
|---|---|---|
| Share Trading | Yes | Yes |
| CFD Trading | No | No |
| ETFs | Yes | No |
| Mutual 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 |
|
|
Low-cost US and UK shares.
Professional’s Gateway to the World’s Markets.
Freetrade and Revolut both provide essential online trading services, though their charting tools are quite basic. Neither platform showcases corporate events within their charts, and both are missing drawing tools, technical indicators, and features for adding notes or overlays. This makes them suitable for users who prioritize simplicity over complex charting capabilities. If you're looking for a straightforward interface without the need for detailed technical analysis tools, both Freetrade and Revolut might meet your needs.
Where Freetrade stands out is in its browser-based platform, which isn't available with Revolut. However, both brokers offer the convenience of setting stock price alerts and provide real-time market data, ensuring you stay updated on the latest market changes. These features cater to beginners or everyday traders in the UK seeking a user-friendly entry into stock trading, with Freetrade offering a slight edge for those who prefer trading on a computer browser.
| 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 |
For UK residents considering online investment platforms for their retirement savings, Freetrade and Revolut offer different account options. Freetrade provides both ISA and SIPP accounts, allowing users to benefit from tax-efficient savings and pension investments. In contrast, Revolut does not offer ISA or SIPP accounts, focusing more on general banking and investment services rather than specific retirement options. Choosing between the two depends on whether you need access to retirement-focused accounts like ISAs and SIPPs, making Freetrade a suitable choice if these are your primary considerations.
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.
When comparing the educational resources for beginner investors between Freetrade and Revolut in the UK, Freetrade provides a more comprehensive offering. While neither platform conducts educational webinars, Freetrade covers important investment topics such as share trading, funds, and retirement, areas where Revolut lacks educational support. Both brokers receive a beginner education rating of 3.5 stars from UK.StockBrokers.com. However, Freetrade ranks higher, securing the 16th position out of 21 brokers, whereas Revolut trails behind at 21st. This suggests that Freetrade may be a better choice for new investors looking to build foundational knowledge in investing.
| 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 of Freetrade and Revolut for UK investors, both platforms allow users to see their portfolio allocation by asset class and provide research on individual shares. However, only Freetrade extends its research offerings to include Exchange-Traded Funds (ETFs), which Revolut does not. Neither Freetrade nor Revolut offers research reports for funds or bonds, making them similar in terms of deeper market research capabilities for these investment types. This comparison highlights that Freetrade may offer a slight edge for those particularly interested in ETF insights, while both brokers are aligned in other research areas.
| Feature |
Freetrade
|
Revolut
|
|---|---|---|
| Research - Shares | Yes | Yes |
| 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 |
|
|
| Charges & Fees |
|
|
| Investment Choices |
|
|
| Mobile App |
|
|
| Website |
|
|
| Ease of Use |
|
|
| Education |
|
|
While Freetrade does not offer crypto trading, Revolut provides this feature, making Revolut an appealing option for those interested in cryptocurrency investments.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Freetrade | Revolut | |
|---|---|---|---|
| Overall Rating |
|
| |
| Charges & Fees |
|
| |
| Investment Choices |
|
| |
| Mobile App |
|
| |
| Website |
|
| |
| Ease of Use |
|
| |
| Education |
|
| |
| 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 | |
| Mutual 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 | |||
| 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) | |||
| 12 trades per year (£30k portfolio) | |||
| 36 trades per year (£30k portfolio) | |||
| 120 trades per year (£30k portfolio) | |||
| 3 fund trades per year (£30k portfolio) | |||
| Annual Platform Fee (Funds): £0 - £250,000 | £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) | £0 - £45 | |
| Annual Platform Fee (Funds): £250K-£500K | £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) | £0 - £45 | |
| Annual Platform Fee (Funds): £500,000 - £1m | £0 (Basic plan), £59.88 (Standard), £119.88 (Plus) | £0 - £45 | |
| Annual Platform Fee (Funds): £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) |
| ||
| Mobile Trading Apps Gallery (click to expand) |
| ||
| 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 | |||
| 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Charges & Fees |
|
| |
| Investment Choices |
|
| |
| Mobile App |
|
| |
| Website |
|
| |
| Ease of Use |
|
| |
| Education |
|
| |
| Review | Freetrade Review | Revolut Review | |
| Winner | check_circle |
Trading 212 Review
Interactive Brokers Review
Hargreaves Lansdown Review
XTB Review
IG Group Review
eToro Review
Saxo Review
CMC Invest Review
Freetrade Review
Halifax Review
Vanguard Review
