Downloading the Freetrade app and creating a basic account is free. Also, there is no minimum amount required and no transaction costs involved when trading stocks and ETFs. Initially, the trade was only executed as a batch by the end of the day. Now, there is an instant trade feature on the basic account. Currently, it will cost you £3 a month to run the ISA account. With US stocks, you will incur a conversion fee of FX +- 0.45%. While withdrawing money from the bank is free, the same day withdrawal costs £5.