Freetrade Reports £24.4 Million Loss in First Year Under IG Ownership
Freetrade's pre-tax loss increased to £24.4 million in 2025 due to acquisition costs and marketing expenditures, despite a 10% revenue growth to £31 million. Customer assets reached £3.3 billion, signaling robust investment activity amidst heightened competition in the UK retail investment sector.
Theia Market Signal Identification - AI AssistedIn 2025, Freetrade reported a pre-tax loss of £24.4 million, compared to a loss of £6.8 million in 2024. Revenue grew by 10% to £31 million, while assets under management rose 34% to £3.3 billion. Acquisition costs related to IG Group's £160 million purchase were significant, totaling £16 million.
Marketing expenses surged to £3.1 million from £652,000, and operating losses increased to £25.1 million. Despite the losses, customer engagement remained strong with trading volumes at £7.7 billion. Freetrade plans to launch a Junior ISA in April 2026 as it aims to enhance its market presence amidst rising competition from other brokers. The company is focusing on asset growth and automation to improve efficiency moving forward.
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