Free Share

With the Freetrade app, you can invest in stocks and ETFs, with no commissions or hidden fees.

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Refer a friend to Freetrade from your app, and get a free share worth between £3 and £200. 🎉

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How it works

Get a free share invite
Send it to a friend
Your friend accepts
They download, sign up and fund
You both get a free share! 🎉

Free Share FAQ and Terms

FAQ

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How does it work?

  • You’ll get a referral invite dropped in your app. 🎟️‍
  • You refer a friend, and once your friend opens and fund their account and fills out their W-8BEN form, you both get a free share from Freetrade. 👯
  • The stocks will be randomly selected from a list of interesting companies, ETFs, and trusts, with a value from £3 to £200. This is a bit like a lottery, except you always win something and we think it’s better than cash!
  • You can get both UK and US stocks.
  • The stock will drop into your Basic Account. We can’t put it in your ISA.
  • Both you and your friend must have a funded account and have completed the W-8BEN form that lets you invest in US stocks. If your referral doesn't fill out their W-8BEN form, we reserve the right to allocate a free UK share to your referral.

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Up to £200?

Yes, that’s right – if you’re lucky, you might get a free share in Lululemon or Microsoft. Let us know if you do! 

Don’t despair if you don’t get a super valuable stock, just refer again!

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Is this available on both iOS and Android?

Yes.

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When will I be able to invite friends?

If you have funded your account and filled out your W-8BEN form, you will have Free Share invite sent over to you in a few days.

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Can I share my link with more than one person?

One free share invite = one friend. We'd like people to choose wisely and spend some time with their friend chatting about Freetrade and helping with any questions. If you successfully invite a friend, we'll allocate multiple new invites to you.

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Do I get the same stock as my friend?

Not likely, but possible. Allocating free shares is a completely randomised process.

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When will I receive my stock?

You should receive this within 7-10 days. Orders can be rejected for a number of technical reasons, unrelated to Free Share referrals.

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There are certain stocks I don’t want for ethical or personal reasons, can I swap?

We can’t offer swaps at this stage, but you’re free to sell your share.

Follow this community topic for more updates, as they happen.

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How to get your free share 🎁

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  1. Click the referral link from your friend.
  1. Submit your email.
  1. Download the Freetrade app from the App Store or Google Play.
  1. Once you’ve completed account setup, you’ll be guided through a couple of steps:
  • The W-8BEN form to let you invest in US stocks.
  • Topping up your account.
  1. Once you’ve topped up and the money has arrived in your account and you have filled out your W-8BEN form, a mystery share will appear in your Basic Account on your portfolio screen. We’ll grant the share itself in the coming weeks.

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How we choose your free share

  • Shares are chosen from a selection of around 90 stocks from our universe.
  • They’re chosen randomly, so you and your friend may not receive the same share. Fun!
  • The share will range in value from £3 up to £200 at the point of being awarded.

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Referrer's Terms

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  1. Freetrade’s Free Share referral program is valid for existing qualifying customers, who have successfully completed a referral.
  1. A referral can’t be given to an existing or previous Freetrade customer. 
  1. A stock is only awarded if the referred customer has onboarded, funded their account and used your referral pass to sign up (i.e. not just downloading the app directly).
  1. The recipient must fund within 30 days of receiving the referral otherwise the award lapses.
  1. For a customer to be eligible for a free share you must have already invested and completed a W-8BEN declaration. If you haven't filled out your W-8BEN form, we reserve the right to allocate a free UK share.
  1. The free shares will range in value from £3 up to £200 per share (at the time of our award). The probability is weighted so more expensive shares will be rarer - good luck!
  1. If you sell your free share, you cannot withdraw the cash proceeds for 30 days from the date it was awarded.
  1. Employees and contractors of Freetrade are not eligible for this offer.
  1. The offer is only available where the referred customer is eligible and accepted as a Freetrade customer. This applies to UK tax residents only, and unfortunately excludes US nationals or dual US nationals who reside in the UK. We reserve the right to refuse to onboard an applicant customer.
  1. Neither receiving a share through this program nor any mentions of particular securities in our communications as part of this referral program represents a recommendation to buy, sell, or hold any particular security.
  1. Receiving a free share may have tax implications for the recipient; Freetrade does not take any responsibility for tax related to this share award.
  1. It’s in our full discretion to withdraw, remove or vary the free share offer at any time for any customer.
  1. Each referee is only eligible for one free share.
  1. The free share is one stock selected randomly when the referral criteria is met, from the stocks selected for this program. The probability is weighted so more expensive shares will be rarer.
  1. Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice.


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Recipient's Terms

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  1. A referral can’t be accepted by an existing or previous Freetrade customer. 
  1. Free shares are only gifted when you onboard, fund your account and used your referral pass to sign up (i.e. not just downloading the app directly).
  1. The free shares will range in value from £3 up to £200 per share (at the time of our award). The probability is weighted so more expensive shares will be rarer - good luck!
  1. If you sell the free share, you cannot withdraw the cash proceeds for 30 days from the date it was awarded.
  1. You must fund your account within 30 days of receiving the referral otherwise the award lapses.
  1. Employees and contractors of Freetrade are not eligible for this offer.
  1. The offer is only available if you are eligible and accepted as a Freetrade customer. This applies to UK tax residents only, and unfortunately excludes US nationals or dual US nationals who reside in the UK. We reserve the right to refuse to onboard an applicant customer.
  1. Neither receiving a stock through this program nor any mentions of particular securities in our communications as part of this referral program represents a recommendation to buy, sell, or hold any particular security.
  1. To be granted a free share you must fund your account and complete your W-8BEN form. If you haven't completed your W-8BEN form, we reserve the right to allocate you a UK share.
  1. Receiving a free share may have tax implications for the recipient; Freetrade does not take any responsibility for tax related to this stock award. 
  1. It’s in our full discretion to withdraw, remove or vary the free share offer at any time for any customer.
  1. Each referee is only eligible for one free share.
  1. The free share is one stock selected randomly when the referral criteria is met, from the stocks selected for this program. The probability is weighted so more expensive shares will be rarer.
  1. Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice. 
  1. You agree to receive marketing and product communications from us. You can unsubscribe at any time.
  2. We will keep your friend up to date how far in the process you are.

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Taxes

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The entire value of the share when sold may be subject to capital gains tax. You can check the value of each share when issued and/or sold on your portfolio screen.


Tax depends on your personal circumstances and if you are unsure about any tax implications, seek advice from a tax professional.

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investing journey now.

Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go up as well as down and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

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