Global law firm Freshfields is advising IG Group Holdings Plc (IG) on the acquisition of Freetrade Limited, the fast-growing, commission-free, self-directed investment platform, for £160m.

The deal was announced on 16 January 2025 and is expected to close in mid-2025 following receipt of regulatory approvals. IG Group provides online trading platforms and educational resources to empower ambitious clients around the globe.

The transaction will strengthen IG’s UK trading and investments offering and provide access to new customer segments and capabilities.

The Freshfields team was led by London partners Oliver Lazenby and Rhys Evans, and associate Chloe Watson.