UK share-dealing app
Can you trade forex on Freetrade?
No. Freetrade is for buying UK, US and European shares and ETFs. It does not offer forex, CFDs or leveraged trading.
Checked 7 October 2026. Products and rules change, so confirm in the Freetrade app before you rely on this.
Forex on Freetrade by country
Whether you can trade currency pairs on Freetrade where you live.
| Country | Allowed? | Details |
|---|---|---|
 Allowed in UK | ✕No forex | No currency-pair trading. |
 Allowed in USA | ✕Not offered here | Freetrade doesn’t offer this service to residents here. |
 Allowed in EU | ✕No forex | No currency-pair trading. |
 Allowed in Australia | ✕Not offered here | Freetrade doesn’t offer this service to residents here. |
 Allowed in Canada | ✕Not offered here | Freetrade doesn’t offer this service to residents here. |
What this means for you
Freetrade isn’t a place to trade currency pairs directly. To trade forex you need a broker that offers it and is regulated where you live.
What you can do on Freetrade instead
- Shares and ETFs, including in an ISA or SIPP
Futures, CFDs and spot forex: what’s the difference?
- Spot forex is buying and selling currency pairs directly, the way most forex traders and forex signals work.
- Forex CFDs track currency pairs without you owning the currency. They are common in the UK, EU and Australia but banned for US retail clients.
- Currency futures are exchange-traded contracts (such as CME Euro FX) with fixed sizes and expiry dates. Prices follow the same pairs, but contract sizes and costs differ.
Choosing somewhere to trade forex
- Check the broker is regulated where you live (for example the FCA, NFA/CFTC, CySEC or ASIC).
- Compare spreads, commission and overnight swap.
- Start small, or on a demo account, and read how leverage and margin work.
FAQ
Can you trade forex on Freetrade?
No. Freetrade is for buying UK, US and European shares and ETFs. It does not offer forex, CFDs or leveraged trading.
Is forex on Freetrade available in the UK and USA?
UK: No forex. USA: Not offered here.
What can I use instead of Freetrade for forex?
A broker regulated for forex where you live. Platforms that offer forex in at least one of the UK, US, EU, Australia or Canada include Trading 212, Interactive Brokers, Charles Schwab, Plus500. Check the regulator, leverage limits and costs before opening an account.
Sources
Official Telegram channel
Trade ideas, with the reasoning attached.
Our signals go out on Telegram first: entry, stop loss, take profit and the context behind each one. Free to join, leave any time.