This promotion applies only to selected Freetrade customers who have received direct communication from Freetrade (via email or in-app inbox message) inviting them to participate in the campaign.
Customers who have been invited to this campaign will meet the following criteria:
If you have been selected to participate in this promotion (as outlined in the above FAQ), you will receive a free share if you complete the two actions below by 31 December 2024.
Net funding is defined as total deposits minus total withdrawals.
All qualifying customers will receive their £10-100 free share by 16 January 2025. 🎁
Your free share won’t appear instantly.
Please allow 7-10 days from when you have met the two qualifying conditions - i.e. filled 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 you withdraw from your account and your net minimum funding drops below £50 (net) 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.
For example, if you deposited £50 and then withdrew £10, your net funding is £40 and you have not qualified for a free share.
If you haven’t received your free share by 16 January 2025, email us at freeshare@freetrade.io and we’ll look into it.
Free shares are randomly selected from a list of US and UK companies, ETFs, and trusts. Each free share will be valued between £10 and £100.
The probability is weighted, so more expensive shares will be rarer. The below table shows the average distribution of free shares.
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Bear in mind the free share or any cash proceeds received in connection with its sale can only be withdrawn after 180 calendar days from the award date.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.
24 December 2024 - 31 December 2024
1. Freetrade Limited’s (“Freetrade”, “we”, “us” or “our”) End of Year Top-up Free Share Campaign (“Free Share Campaign”) is offered subject to these End of Year Top-up Free Share Campaign Terms & Conditions (“Campaign Terms & Conditions”). By taking any actions under the Free Share Campaign, you agree to be bound by these Campaign Terms & Conditions. These Campaign Terms & Conditions are governed by English law.
2. Under the Free Share Campaign, a free share (a “Free Share”) will be awarded to a relevant account holder who meets the criteria set out in these Campaign Terms & Conditions. In these Free Share Campaign Terms & Conditions, the award of the Free Share is referred to as the “Award”.
3. The Free Share Campaign will be valid for the Validity Period, unless we take a decision to extend that Validity Period. We may withdraw or amend these Campaign Terms & Conditions to the extent that the withdrawal or amendment is not to your detriment, by updating them on our website.
4. Any Freetrade account eligible under this Free Share Campaign will be subject to Freetrade’s Terms and Conditions which can be found here. “Freetrade Account” has the meaning given in those terms.
How to qualify for the Free Share Campaign
5. In order to qualify for participation in the Free Share Campaign, you must:
(a) have received direct communication from Freetrade inviting you to participate in the Free Share Campaign;
(b) have opened a Freetrade Account between 1 January 2024 and 30 November 2024;
(c) have passed all of our onboarding checks;
(d) be a UK tax resident;
(e) have completed a W-8BEN form; and
(f) have never funded any of your Freetrade accounts before the date of the invitation to this Free Share Campaign.
How you qualify for an Award
6. In order to qualify for an Award, you must pay at least £50.00 GBP net (“Minimum Net Funding Amount”) into your Freetrade account before the end of the Validity Period.
7. You will only remain eligible for an Award after you have met the criteria in 5 and 6 above if you:
(a) do not make a withdrawal or transfer which causes the value of the Freetrade account to fall below the Minimum Net Funding Amount at any time before we make the Award;
(b) are not in breach of Freetrade’s Terms and Conditions; and
(c) do not have any outstanding liability to Freetrade, or have not behaved in a way that we reasonably consider to be abusive, in bad faith, or fraudulent.
Value of the Award
8. The total value of the free share(s) making up the Award is set out in the table below.
9. The probability of the value of the Award is weighted, so more expensive shares will be rarer. The below table shows the average distribution of free shares.
10. Free shares will be randomly selected from a pool of instruments we select for the Free Share 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.
Making the Award
11. We will make an Award under the Free Share Campaign by placing them into your Freetrade GIA.
12. Freetrade will use its best endeavours to award any free share to which you are entitled to under the Free Share Campaign:
(a) by 16 January 2025;
(b) If the Award has not been made within this timeframe, you should email freeshare@freetrade.io.
13. If, within one hundred and eighty (180) days following the Validity Period, you (i) make a withdrawal or transfer which causes the value of your Freetrade account to fall below the Minimum Net Funding Amount; (ii) you close the Freetrade account; or (iii) stop any applicable annual subscription, then Freetrade may clawback, sell or cancel any free share awarded or sell any other shares held by us for you and/or deduct cash you account of an equivalent value to the free share, as permitted under applicable law.
14. We may refuse to make an Award if we reasonably consider you to have engaged in activity we deem to be abusive, fraudulent, or in violation of these Campaign Terms & Conditions.
Tax implications
15. 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.
No advice
16. Neither the making of an Award nor any of our communications in connection with the Free Share 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.
Complaints
17. If you have a complaint in respect of the Free Share 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.
