Initial top-up free share campaign - FAQs
This promotion applies to selected Freetrade customers who have received direct communication from Freetrade inviting them to participate in the campaign.
Customers who have been invited to this campaign will meet the following criteria:
- Opened a Freetrade account and passed onboarding checks between 1 May 2023 and 1 May 2024, and
- Have never funded any of their Freetrade accounts.
If you have been selected to take part in this promotion (as outlined in the above FAQ), you will get a free share if you complete the below two actions by 2 June 2024.
- Complete a W-8BEN form, and
- Fund your account with at least £50 (net).
All eligible customers who meet a net funding minimum of £50 (i.e. deposits minus withdrawals) by 2 June 2024 will receive a free share worth at least £10. 🎁
Your free share won’t appear instantly.
Please allow 7-10 days from when you qualify (i.e. fill the W-8BEN and deposit at least £50 (net)), for the free share to appear as pending in your account.
Your mystery free share will be revealed within 7-10 days of it appearing as pending (usually sooner!).
Important: If your net minimum funding drops below £50 by the time of awarding, you won’t receive a free share.
If your free share is still pending after 10 days, check you have still met the qualifying funding criteria.
You must have at least £50 (net) in your Freetrade account.
If you deposited then withdrew the funds, you will not qualify for a free share.
Free shares are randomly selected from a list of US and UK companies, ETFs, and trusts. Your free share will be worth at least £10.
We can’t offer swaps, but you’re free to sell your share.
Bear in mind the free share or any cash proceeds received in connection with its sale can only be withdrawn after 180 calendar days from the award date. Breaching this term will result in you having to repay the value of the free share.
The entire value of the share when sold may be subject to capital gains tax (CGT). You can check the value of each share when issued and/or sold on your portfolio screen.
Tax depends on your personal circumstances and rules can change. If you are unsure about any tax implications, seek advice from a tax professional.
Have a question? Email freeshare@freetrade.io.
When you invest, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. This is not investment advice.
