British stock trading app Freetrade has been acquired by IG Group for £160 million, operating independently under its own brand. Popular among young traders, Freetrade offers zero-commission trading in equities, ETFs, and other products. The acquisition signals potential consolidation in the wealth technology industry amid challenging macroeconomic conditions.
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UK Robinhood rival Freetrade snapped up by trading firm at 29% valuation discount
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