Win one of five free share bundles worth £1,000
FAQs
How does this free share prize draw work?
Refer a friend between 15 July and 29 July 2025, and you and your friend will get entered into the prize draw to win one of five £1,000 free share bundles.
Winners will be drawn on 7 August 2025 💰
What are the prizes?
There are five £1,000 free share bundles up for grabs.
Successful referrals will also receive the usual £10-£100 free share. Learn more about the referral programme.
How can I enter the prize draw?
To be entered into the draw, you’ll need to refer a friend or be a new customer who joined via referral during the offer validity period. Only qualifying referrals will result in an entry.
Qualifying referrals are those where:
- Your friend uses your unique referral link to sign up and open their Freetrade account between 15 July and 29 July 2025 at 11:59 PM.
- They also complete and pass onboarding checks, fill a W-8BEN, and fund their account with £50 (net) by 4 August 2025 at 11:59 PM.
Important
- To be eligible for a free share and to be entered into the prize draw as a Sender (the referrer), you must have funded your Freetrade account with at least £50 (net). Net funding is calculated as total deposits minus total withdrawals.
- If the Recipient (the person who was referred) withdraws from their account, causing its net funding to fall below £50 before entry to the draw, the referral will be deemed unsuccessful, and neither of you will qualify for for an entry into the draw, or the usual £10-100 referral free share.
Can I get multiple entries?
You get one entry if you are a referred customer and an entry for every friend you refer. For example, 10 successful referrals give you 10 entries.
If I refer a friend, will I still get a £10-£100 free share?
Yes, for successful referrals, you’ll still get your usual free share worth between £10 and £100 under our regular Free Share Referral Programme, which is governed by our Referral Programme Terms and Conditions.
How will I find out if I won?
The winners will be drawn and contacted on 7 August 2025 via push notification, in-app message, and email.
You can check your subscription preferences from your app by going to your Portfolio > Profile > Inbox preferences.
What free share can I get?
There are five £1,000 free share bundles available. The instruments in the bundles will be randomly selected from a list of US and UK companies, ETFs, and trusts.
When will the shares be awarded?
We will transfer the £1,000 free share bundles to the five winners by 13 August 2025.
If I win, can I swap the free shares?
We can’t offer swaps or cash alternatives, unfortunately, but you’re free to sell any shares you may have won.
Do I have to pay taxes on free shares?
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.
£1,000 Free Share Prize Draw Terms and Conditions
Validity Period: 15 July 2025 - 29 July 2025 at 23:59
Introduction
1. Freetrade Limited’s (“Freetrade”, “we”, “us” or “our”) £1,000 Free Share Prize Draw (“Prize Draw”) is offered subject to these £1,000 Free Share Prize Draw Terms & Conditions (“Prize Draw Terms & Conditions”). Freetrade is incorporated and registered under the laws of England and Wales with registered company number 09797821 having its registered office at 145 City Road, London, England, EC1V 1AZ, United Kingdom. We are the promoter of the £1,000 Free Share Prize Draw.
2. By taking any actions in connection with the Prize Draw, you agree to be bound by these Prize Draw Terms & Conditions. These Prize Draw Terms & Conditions are governed by English law.
3. Under the Prize Draw, five (5) Winners will each win a bundle of shares worth £1,000 (a “Free Share Bundle”). A Sender or a Recipient who has: (i) successfully completed a Valid Referral during the Validity Period in accordance with these Prize Draw Terms & Conditions; and (ii) met the eligibility criteria below will qualify for entry into the Prize Draw (each an “Entry” and collectively the “Entries”). A “Winner” is a Sender or Recipient who has entered the Prize Draw and has been randomly selected to win a Free Share Bundle. In these Prize Terms & Conditions, the date on which the Winners are drawn by Freetrade in the Prize Draw is 7 August 2025 and will be referred to as the “Draw Date”.
4. A Sender and a Recipient can qualify for Entry at any point during the Validity Period. No person will qualify for Entry after the Validity Period has ended. We can extend or shorten the Validity Period at our discretion. We may withdraw or amend these Prize Draw Terms & Conditions to the extent that the withdrawal or amendment is not to your detriment, by updating them on our website.
5. A Sender or Recipient will not be required to pay any charges in connection with their Entry. There may however be separate charges associated with your Freetrade account.
6. Any Freetrade account opened will be subject to Freetrade’s Terms and Conditions which can be found here.
7. A “Valid Referral” occurs when all of the steps in (a) - (b) below have been completed during the Validity Period:
(a) the Sender sends the referral link provided by us (“Referral Link”) via the Freetrade app to a Recipient; and
(b) the Recipient uses the Referral Link to successfully sign up to a Freetrade account.
8. A referral which has met the criteria at (a) - (b) above ceases to be a Valid Referral if the Sender or Recipient stops meeting any of their eligibility criteria set out at section 11 or section 13 below on or before the Draw Date.
9. Referrals and sharing of Referral Links must not be made through public communications. For example, Referral Links must not be shared on public social media platforms or forums such as posting on Instagram, Tik Tok, Reddit and YouTube (with the exception of the direct messaging services). The Sender must comply with the terms and policies of any website or application where a Referral Link is shared. Referral Links may only be used in connection with the Prize Draw and for no other purpose whatsoever.
How a Sender qualifies for Entry into the Prize Draw
10. In order to qualify for an Entry into the Prize Draw, a person making a referral (a “Sender”) must:
(a) meet the eligibility criteria in section 11; and
(b) have made a Valid Referral to a Recipient who meets the eligibility criteria in section 13.
11. The Sender’s eligibility criteria are that they:
(a) are an existing customer of Freetrade;
(b) have passed all of our onboarding checks;
(c) are aged 18 years or over;
(d) are a UK tax resident;
(e) have completed a W-8BEN form;
(f) from no later than 4 August 2025 at 23:59, have a tradeable value of not less than £50 in their Freetrade account(s) in aggregate and they have not thereafter made a transfer or a withdrawal that causes the tradable value to fall below £50 before the Draw Date.
How a Recipient qualifies for Entry into the Prize Draw
12. In order to qualify for an Entry into the Prize Draw, a person receiving a referral (a “Recipient”) must:
(a) meet the eligibility criteria in section 11; and
(b) have received and completed a Valid Referral from a Sender who meets the eligibility criteria in section 7.
13. The Recipient’s eligibility criteria are that they:
(a) are a family member or a friend of the Sender;
(b) are not an existing or previous customer at the time they receive the Referral Link;
(c) have used the Referral Link to become a new customer of Freetrade and have opened a Freetrade account during the Validity Period;
(d) have passed all of our onboarding checks;
(e) are aged 18 years or over;
(f) are a UK tax resident;
(g) have completed a W-8BEN form; and
(h) have a tradable value of not less than £50 in their Freetrade account(s) in aggregate by 4 August 2025 at 23:59 and thereafter they have not made a transfer or withdrawal that causes the tradable value to fall below £50 before the Draw Date.
Prize Draw Limitations
14. A person participating in the Prize Draw (whether as a Sender, a Recipient or both) is entitled to one Entry per Valid Referral (provided that they meet the eligibility requirements). There is no limit on the number of Entries an individual can have.
15. Each Winner can only win a Free Share Bundle under the Prize Draw. There is no cash alternative.
Winners
16. Winners will be chosen randomly by Freetrade using software on the Draw Date.
17. The Winners will be notified by push, in-app message and email on 7 August 2025.
18. We will award the Free Share Bundle under the Prize Draw Terms and Conditions by placing it into your Freetrade GIA.
Transferring the Free Share Bundles to Winners
19. We will use our best endeavours to transfer a Free Share Bundle to each Winner by 13 August 2025 at 23:59. If the Free Share Bundle has not been awarded to a Winner within this timeframe, the Winner should email freeshare@freetrade.io.
20. Employees and contractors of Freetrade or its affiliates may make a Valid Referral in accordance with these Prize Draw Terms & Conditions, but they will not be eligible for Entry into the Prize Draw.
21. We may refuse to transfer a Free Share Bundle to you (if you are a Winner) if we reasonably consider that you have engaged in activity we deem to be abusive, fraudulent, or in violation of these Prize Draw Terms & Conditions. We further reserve the right to prevent any person from participating in any future competitions run by Freetrade or its affiliates where such person has engaged in such activity under these Prize Draw Terms & Conditions.
Tax implications
22. Freetrade does not give tax advice or take into account your individual tax position. You are responsible for understanding your own tax position in relation to your Freetrade account(s) and the Free Share Bundle (if awarded to you as a Winner).
No advice
23. Neither awarding a Free Share Bundle nor any of our communications in connection with the Prize Draw constitute a recommendation by us to buy, sell, exercise any rights in or hold any financial instrument. Under no circumstances does Freetrade provide investment advice and individual investors should make their own decisions on what investments are right for them or seek independent advice.
Your personal data
24. We will use your personal data for the purposes of ensuring your Entry and complying with our legal obligations. Your personal data will be used and held solely in accordance with our Privacy Policy.
25. Unless we are allowed to use your personal data under applicable data privacy laws, you have the right to object to our use of your personal data. You can do this by contacting compliance@freetrade.io. You acknowledge that our ability to perform our obligations under these Prize Draw Terms & Conditions may be affected if you exercise your right to object under this section.
26. Freetrade may however have a legal obligation to share the personal data of Winners and certain information about the Prize Draw with the Advertising Standards Authority on its request pursuant to Rule 8.28.5 of the ASA CAP Code.
Making certain information available
27. Freetrade is required to publish or make information available on request that the Free Share Bundles were given to Winners in accordance with Rule 8.28.5 of the ASA CAP Code once the Prize Draw has finished. To comply with this legal obligation, we will send the surname and county of the Winner to anyone who emails compliance@freetrade.io within one month after the end of the Validity Period.
Complaints
28. If you have a complaint in respect of the Prize Draw you should contact our Customer Service team at freeshare@freetrade.io, where your complaint will be handled in accordance with our complaints order handling procedure.
