Trading and investing platforms are fighting to get you on board, and they’re willing to give away free stocks and shares to convince you. There are always conditions to be aware of – sometimes you’ll get free shares just for signing up and funding your account but you may not be able to “cash out” for a set period, for example.
We’ve tried to call out the key nitty gritty details in this guide for getting free stocks, shares or cash from UK investing platforms, and we’ve also included other types of promos like refer-a-friend deals.
Current free share promos
We’ve rounded up all the free share bonuses and referral offers available to UK investors, with promoted partners shown first. In all cases, T&Cs apply.
Platform | Finder score | Offer | Link |
---|---|---|---|
★★★★★ | Free stock worth £10-£100 when you sign-up with Finder’s link. T&Cs apply. | Get offer Capital at risk | |
★★★★★ | Fractional shares worth up to £100 when you sign-up with Finder’s link and use the code “FINDER”. T&Cs apply. | Get offerCapital at risk | |
★★★★★ | Get a Welcome Bonus of up to £100 when you invest at least £100 with InvestEngine. T&Cs apply. | Get offer Capital at risk | |
★★★★★ | Get a £25 card for you and another for a friend when you refer them and they open an ISA. T&Cs apply. | Get offer Capital at risk | |
★★★★★ | Refer a friend and both you and they will get £50 cashback. T&Cs apply. | Get offerCapital at risk | |
★★★★★ | 5 individual fractional share rewards for each friend your refer. T&Cs apply. | Read reviewCapital at risk | |
★★★★★ | Invite a friend to join Wealthyhood, and you’ll both get a free ETF share worth up to £200. T&Cs apply. | Read reviewCapital at risk | |
★★★★★ | £30 gift voucher for you and your friend. T&Cs apply. | Read reviewCapital at risk |
How to get your free shares in a few simple steps
Most of the time, getting free stocks is really simple and requires little effort. The process for each provider is slightly different, so check out our individual guides below for provider specific how-to lists.
- Check the free offers available. We’ve listed some of the best ones above with the things you’ll need to consider.
- Get a referral link (and click on it!) You might need to ask a friend to refer you. We have some referral links too.
- Sign up. You’ll often need to be a new member for this process to work.
- Deposit the minimum amount. A lot of providers have a minimum deposit. You’ll need to put this amount into your account before you get the shares.
- Satisfy any additional conditions. There might be additional things you’ll need to do – such as keep your money invested for a certain period.
- Get your free shares. See! We told you it was easy.
Let’s take a deeper dive into the offers on the market today.
Freetrade: £10-£100 free share
The OG commission-free trading app, Freetrade, is one of the few platforms offering a true sign-up reward. You don’t have to persuade friends to get involved (although you can do that too if you want, as part of a separate promotion). If you’re not across Freetrade, have a read of our review. We think it’s a super slick platform, although many features are reserved for paid plans only.
To get a free share, you need to be a new Freetrade customer and you need to fund your account with at least £50. At the time of writing, the offer’s only available through select sites (including Finder!). If you’ve got an account already, you can still refer friends to get free shares (see the last step in the “how to” guide).
The free share you receive for signing up will be worth at least £10 (max £100). You can refer up to 10 friends to get additional free shares.
How to get the free stock
- Open an account. You’ll need to use Finder’s link.
- Fund your account. Deposit at least £50 to qualify. Look out for Freetrade’s occasional “special offer” periods when the minimum funding is lower.
- Fill out your W-8BEN form. This means you’re able to get a US share.
- Get your shares. Between 7 and 10 days later, your free share will be added to your account.
- The fun doesn’t stop there… You can get more free shares by referring your friends to Freetrade. They’ll need to use a link you generate in your app in order for you both to get your free shares.
How easy is it to get the free share?
Pretty easy! You don’t have to deposit too huge an amount into your account to get the free share, and there’s the chance to continue getting free shares through referrals (until you run out of friends).
Something to consider
Your free share won’t be put into your ISA, if you’ve got one. The stock is placed into your general investment account (GIA). You’re more likely to get a lower value than a higher value share, as the probability is weighted. 80% of participants will get a share worth £10 to £25, while 15% will get a share worth £25 to £50, 3% will get a share worth £50 to £75 and 2% will get a share worth £75 to £100.
Claim free shareCapital at risk
Trading 212: £8-£100 free shares
Join Trading 212 using Finder’s referral link and the code “FINDER” you’ll get free fractional shares worth up to £100. From time to time you can also then refer up to 5 friends to get more free fractional shares (we’ll update this page when the next refer-a-friend promo launches).
The free stocks you receive through the Finder link will be worth at least £8 and the maximum value is £100.
How to get the free stocks
- Open an account with Finder’s link. Use the code “FINDER” or the link shared with you by a friend.
- Verify. Once your account is open you’ll need to verfiy using an ID.
- Deposit funds. Once your account is verified, you’ll need to make a deposit of at least £1.
- Get your free stocks. Trading 212 states you should get your free share within 3 business days.
- Keep referring friends. From time to time you can get more free stocks by referring your friends to Trading 212. You can refer up to 5 more people and they just need to follow the same process you did.
How easy is it to get the free stocks?
Trading 212’s referral system for bonus free shares is probably one of the easiest out there with very few hoops to jump through and the £1 minimum deposit makes it affordable for anyone.
Something to consider
The Trading 212 free share promotion only runs from time to time and there’s usually only a small window of a few weeks to get your free shares.
80% of participants receive £8-25 share value, 15% receive £25-50, 3% receive £50-75 and 2% receive £75-£100.
Claim free sharesCapital at risk
InvestEngine: £20-£100 sign-up bonus
Sign up to InvestEngine using our link and you’ll receive a bonus of between £20 and £100 (randomly generated) when you deposit and invest £100. InvestEngine also has a referral programme where both you and the person you refer will receive a bonus of up to £100, paid into your InvestEngine accounts. You can refer up to 25 friends to InvestEngine to keep receiving referral bonuses.
Note that InvestEngine is all about ETFs – you can’t invest in individual shares. Learn more in our InvestEngine review.
How to get the InvestEngine welcome bonus
- Use our link and create an account. Follow our unique referral link and create your account by clicking “get started”.
- Complete registration and choose investments. After completing the sign up process, you need to deposit and invest at least £100, in line with InvestEngine’s T&Cs.
- Claim your bonus. You’ll get a notification to claim an extra £20 to £100 and it will be added to your account with 5 business days.
- Remain invested. You need to leave it invested for 12 months to keep your bonus, but you can refer friends and family to earn up to 25 more bonuses.
How to get the InvestEngine referral bonus
- The person referred needs to open an account. If you’ve been referred, you’ll need to use the referral link your friend sends you from within their account.
- Fund your account. You need to deposit at least £100, in line with InvestEngine’s T&Cs.
- Choose your investments. This can be ready-made portfolios or you can create your own portfolio of exchange-traded funds.
- Get your referral bonus. This usually happens fairly promptly, though you need to leave it invested for 12 months.
How easy is it?
It’s easy to get the welcome bonus but you do have to keep it invested with your original £100 for 12 months before you can withdraw it.
Something to consider
You need to fund your portfolio with £100 within 30 days, and it must stay invested with the welcome bonus for a year, or InvestEngine may take away your bonus. 75% of participants receive £20-24, while 20% receive £26-40 and 5% receive £72-100.
Capital at risk
Capital at risk
Scottish Friendly: £25 referral voucher
This isn’t really a free share, but it is a freebie. The £25 My Rewards gift vouchers can be redeemed at a range of outlets throughout the UK, including the Apple Store, John Lewis & Partners and Love2shop
How to get the freebie
- Your friend opens an account. They can do this on the website. They’ll need to enter the code “RECAF” when completing the application form.
- They’ll receive their gift 28 days after investing. They’ll also receive yours, and can pass it along.
All that’s left to do is choose where to spend it.
How easy is it?
It’s fairly straightforward, with the only real catch being that the referred friend (or friends – you can refer multiple) has to give you your reward, because they’ll receive both. Fine if you trust them!
Something to consider
Scottish Friendly just offers ISAs where you opt into ready-made investments (rather than picking your own stocks). So this is worth bearing in mind if you want access to wider investment options.
Get your welcome giftCapital at risk
Wealthify: £50 referral cashback
Wealthify’s referral programme lets you refer friends after you’ve signed up.
If you’re a signed-up member with at least one invested plan, referring a friend gets both you and your friend £50 cashback. The referred friend needs to have deposited £250 and left it invested for 3 months for you to both get the referral fee.
How to get the referral bonus
- The person referred must open an account. They’ll need to use the friend referral link.
- Fund your account. If you’ve been referred, you need to deposit at least £250 (as a lump sum or over several deposits).
- Leave at least £250 invested for at least 3 months. Then, you and your friend will both have £50 paid into your plans.
How easy is it?
Getting the referral bonus is easy, as long as you have friends to refer you to Wealthify. It takes a few months to reap the rewards and you have to deposit £250 to get the referral bonus if you are referred. There’s no limit on how many friends you can refer for them to get the bonus, but you’ll only get paid yourself for the first 30.
However it’s a big shame that there’s a 3-month wait for you and your friend to receive the referral fee.
Something to consider
Unlike some platforms, with Wealthify you can get your bonus placed into your ISA.
Wealthify does not offer a DIY portfolio option.
Get offerCapital at risk
Robinhood: 5 fractional share rewards on referrals
Refer up to 5 friends to get free “fractional share rewards” (see the last step in the “how to” guide), but you can’t get one just for opening your own account.
The free stocks you receive will be worth at least $7 and the maximum value is $175. You can refer as many friends as you like until you hit $1,500 in bonus stock in a year.
Robinhood is for trading US stocks… commission-free, but US stocks only. You can open an account in the UK, but note that funds you deposit are immediately converted to USD. Learn more in our Robinhood review.
How to get the free stocks
- Open an account. You’ll need a referral link – this could be one sent to you by a friend.
- Refer friends. Once your account is open you’ll get a unique referral link that you can send to friends and family.
- Wait until they sign up. Once your referral signs up, opens their account and deposits any amount you’ll be eligible for your reward.
- Get your free stocks. Robinhood states you’ll be credited “as soon as your friends sign up, get approved and make their first deposit”.
- Keep referring friends. You can get more free stocks by referring your friends to Robinhood. You get 60 days to claim each reward before it expires but you can the stock straight away if you want.
How easy is it to get the free stocks?
Robinhood could certainly make this more straightforward, and it doesn’t help that it’s a very hard company to contact, from our research.
While some other apps just give you your reward, Robinhood notifies you that it’s ready to claim, and you then have 60 days to do so. You can’t sell the stocks until 3 trading days after they were issued, and you can’t withdraw the cash from selling them for 30 days. Pretty frustrating stuff!
Something to consider
You’ll get 5 fractional share rewards, and Robinhood stated that 96% of participants will receive a net cash value of $7 to $8.
Capital at risk
Dodl: £30 referral voucher
Dodl has launched a referral promotion that lets you claim a free £30 Blackhawk voucher if you refer a friend or are referred by a friend. Blackhawk’s a gift card and reward provider that offers vouchers for a wide range of retailers and service providers, such as TK Maxx and Spotify.
The referred friend has to open a general investment account, ISA, LISA or pension and add at least £500 to the account within 120 days – this can either be with an account top-up or by transferring an account, but it can’t be transferred from AJ Bell.
Dodl is for UK stocks only, but it does offer commission-free trading. Learn more in our Dodl review.
How to get your gift voucher
- Open an account with Dodl. You can choose any of the accounts that Dodl has on offer.
- Fill out the referral form on Dodl’s website. It asks for the details of the person who referred you and the details you signed up with.
- Deposit at least £500. This can be either with a brand transfer or by transferring your account from another provider.
- Get your voucher. You and your friend will receive an email with a voucher code in the calendar month after your deposit.
How easy is it?
It’s a doddle – you just need to fill out a form and you’re good to go.
Something to consider
You’ll need to be a Dodl customer with at least £500 in your account when the voucher arrives and your voucher may be reclaimed if you close your account or transfer out within 12 months.
Capital at risk
Wealthyhood: £5-£200 free ETF share on referral
Wealthyhood is offering a free ETF share worth up to £200 (though it could also be as little as £5) to existing account holders when they refer friends to join (the friends get a free share too).
How to get the free stock
- Open an account. At the moment, Wealthyhood only offers a General Investment Account.
- Make your first investment. You can start investing from as little as £20.
- Refer your friends. You can enter their email in your account or share your unique referral code or link.
- Get your free ETF. This should only take around 5 days. You can’t sell your ETF for 60 days, and will also lose it if you close your account within 60 days.
How easy is it?
Pretty easy. Bear in mind that your friend will need to invest at least £100 within 7 days for you both to get your free ETF share. Wealthyhood states that your free share share will appear on each of your accounts within a maximum of 5 days.
Something to consider
In practice, your free ETF share may range anywhere from a minimum of £5 to a maximum of £200. You’re more likely to get a lower-value share as the probabilities are weighted. Wealthyhood doesn’t specifiy exact probabilities, but it says it tries hard to “reward genuine friend invites better”. Mysterious!
Wealthyhood currently only offers a General Investment Account (no ISA, for example).
Capital at risk
Bottom line
It’s possible to get free stocks and shares simply by signing up to some platforms, as long as you haven’t signed up for an account before and you meet all the criteria. Another option if you have an account is referring friends.
You should never invest in a hurry but these deals can sometimes have expiry dates or get changed at a moments notice. So act quick if you want to benefit from the cash or free stocks offer. Free shares shouldn’t be the only reason you join a platform, but it’s definitely a bonus.
Frequently asked questions
35% of Brits have used or would consider using ChatGPT for financial advice
- More than a third (35%) of Brits would consider using ChatGPT for financial advice in 2024.
- This figure has risen from just over a quarter of Brits (27%) in 2023, an estimated increase of over 4 millions Brits.
- Only 1 in 5 Brits haven't heard of ChatGPT in 2024, down from 2 in 5 in 2023.
All the content may be republished with a link to this page.
Press enquiries
Warning: The value of investments can fall as well as rise, and you may get back less than you invested. Past performance is no guarantee of future results. *Disclaimer: The offers compared on this page are chosen from a range of products finder has access to track details from and is not representative of all the products available in the market. Unless indicated otherwise, products are displayed in no particular order or ranking. The use of terms ‘Best’, ‘Top’, ‘Cheap’ including variations, are not product ratings and are subject to our terms of use. You should consider seeking independent financial advice and consider your personal financial circumstances when comparing products.
More guides on Finder
-
Dividend tax calculator
Use our dividend tax calculator to work out whether you need to pay tax on your dividend payouts and how much you’re liable for.
-
Best ways to invest £100 per month
Find out how you can start building wealth by investing just £100 a month along with some of the best ways to invest.
-
Investing for children
Keen to set your child off to a good financial start in life? We explain a range of different investment options.
-
How to invest with little money
You don’t have to be rich to invest; here’s how to get started investing with little money, and investment options to consider.
-
After-hours stocks
We explain how after-hours stock trading works, what advantages it can offer, and what the risks are.
-
Investment strategies
To make your money work its hardest for you, it’s best to have a clear investment strategy in place that aligns with your goals.
-
Stock market trading hours around the world
We take a look at stock market trading hours across the world and see if it’s possible to trade outside those hours.
-
Investment risk: An introduction
See our guide explaining how risky different types of investments are.
-
Apple Stocks app: a how-to guide
Find out what the Apple stocks app on the iPhone is, how to use it and what everything means. This guide breaks down all the complicated numbers.