Today I am launching my new series all about making money and what my favourite money-making offers are. For months, I have been seeing some amazing articles all about Freetrade and how amazing the website is for first-time traders. I decided to give it a try myself and give you my honest review! Freetrade is a fee free stock trading broker app you can use to invest in stocks! You can also take advantage of Freetrade’s free share offer!
Disclaimer: This post does include referral links. This means if you sign up to the platform using my link, we both get a free share!
Freetrade has a website where you can find more information about the platform.
I signed up around two months ago! It was quick and easy, and I am really enjoying using the app, mostly for the free shares! New people signing up to the Freetrade app will get a free share worth between £3 and £200.
So, how do you get a free share from Freetrade?
It is so simple to sign up and claim your free share. Find out how here..
- Download the app using my Freetrade Referral Link (and I will get a free share too!) or just simply through the app store and create your account,
- Select the Freetrade Basic Account
- You will then be asked to complete the W-8BEN form. This is just to confirm you do not need to pay tax in America.
- Simply fund your account with as little as £1
- Get your free share valued between £3 and £200 in the next 1 to 7 days!
Please Note: Although this is a ‘free share’ you are required to make a deposit to activate your account! You can do this through either linking your bank account or using Apple Pay. It is important you fund your account within 30 days to be eligible for the free share offer using my referral link.
I joined Freetrade to start learning how to invest in shares, so I initially added £10 to my account. However, you can simply fund your account with just £1 and wait for your free share if you are not looking to invest right now!
Disclaimer: Your capital is at risk when choosing to invest in Freetrade. This is the same with all investments. The price of your shares can go up and down depending on the market.Photo by Surface on Unsplash
How long does it take to get your free share?
Once you have signed up, the free share can take from 7 to 10 days to appear in your Freetrade account. After receiving your free share, you can choose whether you want to keep the share or withdraw it. Your free share will have a value between £3 and £200. After 30 days of having the share, you can withdraw it as cash!
Want to earn free shares for yourself?
This is the great part! Once you have signed up to the app and funded your account, you will then receive your own referral link to share with your friends and family! Each person you refer through your own refer-a-friend link, you will receive another free share worth between £3 and £200! The more people you refer, more free shares you gain! Ultimately the more money you will make!
We will both get a Freetrade free share worth up to £200 if you choose to sign up through my referral link!
Using Freetrade for Investing
Investing is not something that I know a lot about however I do think Freetrade make it easy for newer investors as the app is so easy to use. Your investments are all shown in one place. Therefore, you can keep track of each one and how it is currently performing in the market. At the moment I have only invested £10 of my own money into the app, and I am enjoying looking into different markets. However, your capital is at risk so do your research before deciding where to invest your hard earnt money.
Find other ways you can earn some extra money; Multiple Sources of Income: 7 Ideas to Diversify