FREETRADE* Charge (What It Is + Is It Legit?)
✓ LegitimateThe "FREETRADE*" charge is from Freetrade. Freetrade investing app subscription UK.
Freetrade
Freetrade investing app subscription UK.
Category
Finance
Avg. Charge
£9.99
Country
GB
Billing Cycle
Monthly
Cancel At
freetrade.io/account
Support
See website
What is this charge?
When Freetrade processes subscription payments for its investing app, the charge is routed through a payment system that appends an asterisk to create the "FREETRADE*" descriptor, a format commonly used by digital financial services to distinguish subscription billing transactions from one-off payments. The asterisk notation is a standard convention among UK fintech companies using payment processors like Stripe or similar platforms, where it helps categorise recurring charges within their billing infrastructure. If you see FREETRADE* on your bank statement alongside a £9.99 monthly charge, it is almost certainly your Freetrade Standard or Plus subscription rather than an unrecognised transaction.
How to handle this charge
Identify your Freetrade plan
Log into your Freetrade account at freetrade.io and check which subscription plan you are currently on. The FREETRADE* charge corresponds to a paid tier such as Freetrade Plus or Freetrade Standard, so confirm the charge amount matches your chosen plan's monthly or annual fee.
Review your Freetrade billing history
Within your Freetrade account at freetrade.io, navigate to your account or subscription settings to view your full billing history. Cross-reference the date and amount of the FREETRADE* charge on your bank statement with the records shown there to confirm it is an expected and accurate payment.
Manage or cancel your Freetrade subscription
If you no longer wish to be charged by Freetrade, visit freetrade.io/account to manage your subscription settings. From there you can downgrade to the free tier or cancel your paid plan to prevent future FREETRADE* charges from appearing on your bank statement.
Contact Freetrade support if something looks wrong
If the FREETRADE* charge amount does not match your expected subscription cost or you see duplicate charges, reach out to the Freetrade support team directly through freetrade.io. Provide them with the exact charge amount and date so they can investigate and issue a refund if the billing was made in error.
How to cancel Freetrade
Freetrade bills you Monthly. To stop future charges, cancel from your account directly.
Cancel at Freetradeℹ️ International processing
This charge is processed in GB. You may see a foreign transaction fee from your bank (typically 1-3%).
Quick fraud check
No, this is a legitimate charge from Freetrade. However, if you did not authorize this charge or cancelled your subscription, you may be eligible for a refund.
Frequently Asked Questions
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