Disclaimer: this reply isn’t financal advice, I’m just sharing my experiences.
I’m a (relative recent, because Android) Freetrade user. I was attracted to it because of the fee-free nature. It is my first time investing because prior to that the maths didn’t add up for me - any money I invested through traditional platforms would’ve been swallowed up in fees long before I earned anything from it.
I can’t answer this question because a lot depends on how much you have in your Nutmeg ISA already. Freetrade also offer an ISA (albeit only through iOS at the moment), so it could be worth crunching the numbers and seeing if a Freetrade ISA would work for you.
I’m of the view that picking stocks is essentially a lottery. As all resources are effectively trying to predict the future, their results are more often than not due to random chance than any particular skill. Again, I would stress this is my personal view.
Because I’ve only been able to invest small amounts myself, and I’m only two months in, the majority of my picks so far have been with ETFs - VUSA, VWRL, VJPN and HMCH. This I hope should provide market-tracking gains over the long term.
It should also, I hope, help offset any terrible mistakes I make with picking individual stocks. For example, I threw some money at MANU because I thought they’d turned a corner with Solskjaer and would qualify for the Champions League - that hasn’t turned out well.
Back of the envelope sums say that at least for probably the next year I will be putting the majority of my investments into ETF in order to build a safe base before dabbling too much in trying to pick particular stocks.
Also all my investments so far have been with the intention of being long-term holds. I’m staying well away from thinking I can beat the market by finding a stock where it’s low and selling it when its high. My mantra, if I have one, would be “Time in the market beats timing the market.”
Repeating the disclaimer again - this is not financial advice. I’m sharing my experiences. What you do (or don’t do) is up to you.