10 February 2025 - 5 April 2025 at 23:59
1. Freetrade Limited’s (“Freetrade”, “we”, “us” or “our”) Free Share Transfer Campaign (“Transfer Campaign”) is offered subject to these Free Share Transfer Campaign Terms & Conditions (“Transfer Campaign Terms & Conditions”). By taking any actions under the Transfer Campaign, you agree to be bound by these Transfer Campaign Terms & Conditions. These Transfer Campaign Terms & Conditions are governed by English law.
2. Under the Transfer Campaign, one or more free shares (a “Free Share”) will be awarded to a relevant Freetrade account holder (“Account Holder”) who meets the criteria set out in these Transfer Campaign Terms & Conditions. In these Transfer Campaign Terms & Conditions, the award of the Free Share is referred to as the “Award”.
3. The Transfer Campaign will be valid for the Validity Period, unless we extend that period. We may withdraw or amend these Transfer Campaign Terms & Conditions to the extent that the withdrawal or amendment is not to your detriment, by updating them on our website.
4. “Relevant Freetrade Account” means a Freetrade SIPP and/or Freetrade ISA which is opened by you before or during the Validity Period. Freetrade Accounts are subject to Freetrade’s Terms and Conditions (which can be found here) and, if applicable, the Freetrade ISA Terms and Conditions or the Freetrade SIPP Terms and Conditions.
5. In order to qualify for an Award, you must, by the end of the Validity Period:
6. A “Qualifying Transfer” means a payment of at least £5,000 (GBP) net at the date the transfer/payment is received by us (“Minimum Net Funding Amount”) by means of either or both of:
7. You will only remain eligible for an Award after you have met the criteria in 5 and 6 above if you:
8. The total value of the free share(s) making up the Award is set out in the table below. We may award one or more free shares to reach the free share value, at our discretion.
9. The value of the Award is tiered based on the total net Qualifying Transfers into your Freetrade ISA and/or Freetrade SIPP.
10. The “Transfer Value” is the total value of all Qualifying Transfer(s) into your relevant Freetrade Account at the time it is received by us, unless you make one or more withdrawal(s) or transfer(s) from your Freetrade Account before the Award is made, in which case the “Relevant Value” will be reduced by the total amount of those withdrawals and transfers.
11. Free shares will be randomly selected from a pool of instruments we select for the Transfer Campaign. The value of free share(s) means the approximate market value based on the price of the financial instrument at the time of Award. You acknowledge that the value of a Free Share may fluctuate, meaning its price may go up or down after the Award has been made.
12. If you have more than one Relevant Freetrade Account, we look at each Relevant Freetrade Account individually to assess whether you qualify for an Award and the value of that Award. If you qualify for an Award in relation to multiple Relevant Freetrade Accounts, you will receive an Award in respect of each of those Relevant Freetrade Accounts.
13. We will make an Award of free shares under the Transfer Campaign by placing them into your Freetrade GIA.
14. Freetrade will use its best endeavours to make any Award to which you are entitled to under the Transfer Campaign:
(a) by 15 July 2025; or
(b) if your Qualifying Transfer is completed after 15 July 2025, the Award will be made within sixty (60) days of the transfer completing and the qualifying criteria under clause 5 being met. If the Award has not been made within this timeframe, you should email freeshare@freetrade.io.
15. Employees and contractors of Freetrade may make a Qualifying Transfer in accordance with these Transfer Campaign Terms and Conditions, and they will be eligible for a Free Share Award in connection with our Transfer Campaign.
16. We may refuse to make an Award if we reasonably consider that you have engaged in activity we deem to be abusive, fraudulent or in violation of these Transfer Campaign Terms & Conditions.
17. We reserve the right to not make an Award under this Transfer Campaign if you have breached the terms and conditions of any Freetrade campaign you have previously participated in.
18. If a Sender or Recipient seeks to transfer out the Free Share or any cash proceeds received as a result of the sale of the Free Share within three hundred and sixty-five days (365) calendar days from the date of the Award then we may clawback, sell or cancel any relevant Free Share awarded to that person or sell any other shares held by us for that person and/or deduct cash from their Freetrade account of an equivalent value to the Free Share, as permitted under applicable law.
19. Freetrade does not give tax advice or take account of your individual tax position. You are responsible for understanding your own tax position in relation to your Freetrade account(s) and the Award.
20. Neither the making of an Award nor any of our communications in connection with the Transfer Campaign 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.
21. If you have a complaint in respect of the Transfer Campaign, 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.
