Freetrade is a UK-based commission-free investment platform giving retail investors access to global stocks, ETFs, mutual funds and bonds through ISA, SIPP and general investment accounts on mobile and web. It is FCA-regulated with FSCS protection. Since the GBP160 million acquisition completed on 1 April 2025 it has been a wholly owned subsidiary of IG Group Holdings plc, operating as a standalone brand under its own management.
Freetrade has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2015
Employees
239–242
Total Funding
$264M
9 rounds
Latest Valuation
$0.29B
Jun 1, 2023
Freetrade CEO Jenny Zhao departed in August 2026 after about three months in the role; no successor named yet.
Leadership vacuum at IG-owned unit; limited direct effect on secondary pricing.
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $264M across 9 rounds
Last updated 10-07-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Jan 2025 | Acquisition CNBC | $195M | $0.2B | IG Group |
| Jun 2023 | Crowdfunding (down round) | $2.9M | $0.29B | Crowdcube |
| Sep 2022 | Convertible loan note (crowdfunding tranche) | $1.2M | — |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Crowdfunding
$876M
Nov 2021
Freetrade today
$195M
Jan 2025 · latest mark
Freetrade multiple
0.2x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Nick Robinson
Chief Financial Officer
Clifford Abrahams
Director (Chief Financial Officer, IG Group)
Michael Healy
Director (Managing Director UK & Ireland, IG Group)
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Trading 212
UK fintech offering zero commission trading with 5M+ lifetime funded accounts; FCA-authorised with market-leading interest on uninvested cash
eToro
Multi-asset trading platform with CopyTrader social features, CFD trading, and commission-free real share trading at lower costs than Freetrade
Revolut
Payments app with investment services expansion; offers US trading with competitive pricing
Saxo
Denmark-headquartered platform with London offices; 71,000+ financial instruments available; broad product range alternative to Freetrade
Lightyear
App-first investment platform competing in UK fintech trading space
IG
Parent company (as of April 2025); zero commission trading; formerly separate competitor, now owns Freetrade as standalone brand
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