Freetrade vs InvestEngine 2026: Which Broker is Better?
When comparing Freetrade and InvestEngine, the key difference lies in their market offerings; Freetrade provides access to both stocks and ETFs, while InvestEngine focuses solely on commission-free ETF investing. Freetrade appeals to traders seeking a simple, mobile-first platform with the flexibility to trade fractional shares and access to pension accounts, making it ideal for UK-based investors interested in a broader range of assets. In contrast, InvestEngine is tailored towards investors looking for a low-cost, automated approach to ETF portfolios, appealing to those who prefer managed or DIY investment strategies. Both platforms are regulated by the FCA and offer commission-free trading with no minimum deposit, but their distinct focuses cater to different investor needs.
Freetrade
InvestEngine
| Freetrade | InvestEngine | |
|---|---|---|
| BrokerRank Score | 3.0/5 | 3.2/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:1 | 1:1 |
| Regulation | FCA | FCA |
| Platforms | Proprietary Mobile | Proprietary Web, Proprietary Mobile |
InvestEngine is the better choice overall, scoring 3.2/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Freetrade offers lower spreads (0 pips).
See full side-by-side comparison belowFreetrade vs InvestEngine: Key Differences
Freetrade
InvestEngine
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Fees Comparison
Freetrade
InvestEngine
BrokerRank Verdict
Who Should Choose Which?
Freetrade
3.0/5
Choose Freetrade if you want…
- More market types (2)
- More established (est. 2016)
InvestEngine
3.2/5
Choose InvestEngine if you want…
- Higher overall rating (3.2/5)
- More platforms (2 supported)
Also consider
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Both Freetrade & InvestEngine are available in
Frequently Asked Questions
1Is Freetrade better than InvestEngine?
InvestEngine scores higher overall on our independent rating system. Freetrade holds a 3.0/5 rating vs InvestEngine's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Freetrade or InvestEngine?
Freetrade offers spreads from 0 pips, while InvestEngine starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Freetrade vs InvestEngine?
Freetrade requires a minimum deposit of $0. InvestEngine requires $0.
4Which broker is safer, Freetrade or InvestEngine?
Freetrade is regulated by FCA, while InvestEngine holds licences from FCA.
5What trading platforms do Freetrade and InvestEngine support?
Freetrade supports Proprietary Mobile. InvestEngine supports Proprietary Web, Proprietary Mobile.
6Can I use both Freetrade and InvestEngine?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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