Freetrade referral code
Get a free share worth between £10 and £100 when you deposit £50 on Freetrade using a refer-a-friend link.
Freetrade's refer-a-friend scheme gives both parties a free share worth between £10 and £100, credited within 7–10 days once the new customer deposits at least £50 (with the deposit held for 30 days). I joined Freetrade in 2022 using someone's code. My free share was in an agriculture company that ran up over 40% before I sold it.
Last tested on by Seb Place.
Part 1
The offer
Freetrade
Investing made simple. Join the Which recommended stock trading app.
Or copy the referral link below:
Reward
Get a free share worth between £10 and £100
How it works
- Signup
- Deposit £50
- Get a free share worth between £10 and £100
Part 2
Is it for you?
Freetrade referral summary
- Reward
- Free share worth £10–£100
- Reward type
- Free share
- Requirement
- Deposit at least £50
- Time to receive
- Within 7–10 days of depositing £50
Freetrade referral pros and cons
Pros
- Free share worth up to £100 just for signing up and depositing £50
- Commission-free trades on UK and US stocks
- Stocks and Shares ISA available (free on basic plan)
- Clean, simple app ideal for beginner investors
- FCA regulated with FSCS protection up to £85,000
- Fractional shares let you invest from as little as £2
Cons
- Free share is random: most people receive closer to £10 than £100
- Smaller selection of stocks compared to Hargreaves Lansdown or Interactive Investor
- No SIPP (pension) product yet
- US stock trades incur a 0.99% FX fee
- Advanced trading tools are limited compared to dedicated platforms
What is Freetrade?
Freetrade is a UK commission-free stock trading app offering thousands of UK and US stocks, ETFs, and investment trusts. FCA-regulated with FSCS protection up to £85,000. Free Stocks and Shares ISA included. Which? recommended.
Freetrade is a UK stock trading app that lets you buy and sell shares commission-free, founded in 2016.
- Assets: Thousands of UK and US stocks, ETFs, and investment trusts
- Account types: General Investment Account (GIA), Stocks and Shares ISA, and SIPP pension
- Regulation: FCA-regulated, FSCS-protected up to £85,000
- Recognition: Recommended by Which? for simplicity and value
- Fractional shares: Invest from as little as £2
How does the Freetrade referral scheme work?
Deposit £50 into a new Freetrade account and receive a free share worth between £10 and £100. The share is randomly selected. You can sell it immediately and withdraw the cash. The referrer also gets a free share. No limit on referrals.
Sign up and deposit at least £50 to receive a free share worth £10–£100:
- Click the referral link on this page and create your account
- Deposit at least £50
- Free share is added within 7–10 days
- You can sell it immediately or hold it in your portfolio
Important: the £50 deposit and any proceeds from selling the free share must remain in the account for 30 days.
The referrer also receives a free share. There is no limit on the number of referrals. The share is randomly selected from a pool of UK and US listed companies.
Who is Freetrade best for?
Freetrade is best for beginner to intermediate investors who want simple, commission-free investing with a free ISA. Ideal for regular small investments. Too basic for advanced traders needing options, CFDs, or charting tools.
Freetrade is ideal for:
- Beginner investors: clean, simple app designed for accessibility
- Regular savers: commission-free means small, regular investments aren't eaten by fees
- ISA users: free Stocks and Shares ISA on the basic plan (competitors charge £5–10/month)
- Buy-and-hold investors: straightforward portfolio building without complexity
Not ideal for: advanced traders wanting options, CFDs, or detailed charting tools. Freetrade may feel too basic for active trading strategies.
How Freetrade compares to other investment apps
Freetrade competes with Trading 212 (larger selection, free ISA), eToro (more assets but withdrawal fees), and Hargreaves Lansdown (comprehensive but £5.95+ per trade). Freetrade offers the best balance of simplicity and low cost.
Freetrade's closest competitors:
- vs Trading 212: Also commission-free with a free ISA and slightly larger stock selection. Trading 212 Trustpilot: 4.6
- vs eToro: Wider range of assets (including crypto) but more complex, charges withdrawal fees. eToro Trustpilot: 4.2
- vs Hargreaves Lansdown: Most comprehensive investments and research, but dealing fees of £5.95+ per trade
Freetrade sits in the sweet spot of simplicity and low cost, making it the best option for most casual investors.
Part 3
How it compares
Freetrade referral at a glance
| Your reward | Free share worth £10–£100 |
| Friend's reward | Free share worth £10–£100 |
| Reward type | Free share |
| Requirement | Deposit at least £50 |
| Time to receive | Within 7–10 days of depositing £50 |
| Referral limit | Unlimited |
Freetrade key facts
Freetrade vs Ledger referral
| Feature | Freetrade | Ledger |
|---|---|---|
| Reward | Free share worth £10–£100 | Up to $20 in Bitcoin |
| Reward type | Free share | Bitcoin |
| Requirement | Deposit at least £50 | Purchase a Ledger hardware wallet |
| Time to receive | Within 7–10 days of depositing £50 | After purchase is delivered |
| Referral limit | Unlimited | Unlimited |
| Trustpilot | 4.3/5 | 3.4/5 |
Part 4
Questions & related
Freetrade referral FAQ
What is the Freetrade referral link?
Referral Plug's verified Freetrade referral link is https://magic.freetrade.io/join/sebastian/9f6a1e93, last tested by Seb Place on 2026-05-10.Is Sebastian Place's Freetrade referral link verified?
Yes, Seb Place personally verified the Freetrade referral link https://magic.freetrade.io/join/sebastian/9f6a1e93 on 2026-05-10. Referral Plug's full testing methodology is at https://www.referralplug.co.uk/methodology.What is the Freetrade referral reward?
You receive a free share worth between £10 and £100, randomly selected from a pool of UK and US listed companies, after depositing at least £50.How do I use a Freetrade referral link?
Click the referral link on this page, download the Freetrade app, create your account, and deposit a minimum of £50. Your free share is allocated within a few days.Is Freetrade really free?
Basic investing (including a free ISA) is commission-free. The Freetrade Plus plan costs £11.99/month and adds features like a higher interest rate on cash balances, more stock analysis, and priority access to IPOs.Is my money safe with Freetrade?
Yes. Freetrade is FCA-regulated. Your cash is held in a segregated client money account and is FSCS-protected up to £85,000. Your shares are held in a nominee account in your name.Can I have an ISA with Freetrade?
Yes. Freetrade offers a Stocks and Shares ISA which is free on the basic plan. You can invest up to the annual ISA allowance (currently £20,000) and any gains are tax-free.How long does it take to open a Freetrade account?
Most accounts are opened within minutes. You need to provide your personal details, National Insurance number, and verify your identity with a photo of your ID.Are there fees for buying US stocks on Freetrade?
Trades are commission-free, but buying US stocks incurs a 0.99% foreign exchange fee to convert GBP to USD. This is applied to each transaction.What does the referrer get from a Freetrade referral?
Honest disclosure: the referrer (the existing Freetrade user who shared this link) receives the same free share (worth between £10 and £100) that you do, allocated to both accounts once you make your qualifying first deposit. Freetrade funds both shares from its customer-acquisition budget, so the trading fees and account terms you receive are unaffected by whether you sign up through a referral link or directly.
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