Are you looking for a FreeTrade free share referral? Click this link, make the minimum deposit (£1/$1/€1) and we will both receive a free share worth from £3 to £200. Please note you must deposit £1 or else you won’t get your free share.
What is the Freetrade app?
Freetrade is a UK based stocks and shares trading app founded in 2017. The app offers commission-free share trading, allowing you to invest in the UK and Europe. The apps are regulated by the United Kingdom’s Financial Conduct Authority (FCA). N.B free trades happen at 4 pm in bulk every day. If you want an “instant” trade, you need to pay a £1 surplus. Its mission? To enable ordinary people to grow their savings and benefit from the global economic growth of public companies.
List of Freetrade referral codes to use
Please click one of these links below (starting from the top) to get up to £200 free share upon joining. Please note it will take 7-10 days to receive it once completing the application, including the W-8BEN form. Shares are then randomly selected, good luck it is a high value one. *Once you get your share, feel free to comment with your referral code.
Why do Freetrade do a free share promotion?
Freetrade will make a loss on the initial sign up. By doing so, Freetrade obtain many more customers. If even a quarter of those customers stay on, they make enough profit to pay for all the free shares and then more. Freetrade make money if a customer upgrades to the premium account, i.e. using the ISA at £3/month and a fee of 0.45% on the Base FX rare on each US order placed.
Investing not for you? How to close the Freetrade account?
Sell your shares and then message during office hours the Freetrade team to confirm the closure.
Review of the Freetrade App
While Freetrade is not a full-service platform, it is very popular among it’s loyal user base. Millennial do like the mobile-only platform, the no minimum deposit, the ability to buy fractional shares (i.e. not a full share in value) and a commission-free service. Experienced traders may not find the service suitable because you can’t do instant trades (Not for free), the shares are limited to the London Stock Exchange, the shares don’t share previous performances (like Trading212) and there is not a 24/7 contact service. To check out Trading212 as a rival platform, read my article and benefit from a free share. Please be aware your capital is at risk.
Great Deals Made Easy has worked with savings app Chip to give you an exclusive deal of a £10 welcome bonus when you sign up to Chip on your second autosave. Find out more about the Chip App here. You can also read other engaging reviews on the latest money-saving products and services. Want to save money this year? Check out 20 saving tips from UK leading bloggers and cheap things to do whilst working from home.