+£15
General account19 mins
FreetradeGeneral account
£15 Free Share•19 mins
£15 Free Share
+£15What is Freetrade?
Freetrade is a UK commission-free investment platform founded in 2018, offering stocks, ETFs, and investment trusts with no trading fees on the basic plan. Their free General Investment Account (GIA) makes it one of the simplest and cheapest ways to start investing.
Regulated by the FCA (No. 958443) with FSCS protection up to £85,000, Freetrade has over 700,000 users in the UK and is known for its clean, beginner-friendly app.
Launched
2018
Customers
1.6m+
Google Play
4.4 (24k)
★★★★★★
Key Terms
Profit
+£15
Upfront deposit£50
Free share£15
Free cash arrives6 months
Your deposit: Your £50 can be withdrawn anytime. Free share locked 180 days.
Step by Step Guide
Chris's overview
Optional·1 min read
Freetrade gives you a random free share worth between £10 and £100 when you deposit £50. Around 80% of people get a share worth £10 to £25, so £15 is a realistic expectation. Still, it is free money for a simple deposit.
I recommend opening a General account (GIA) because it has no subscription fee. You do not need to pick stocks or make trades. Just open the account, deposit £50, and wait.
Key reassurance: your £50 deposit can be withdrawn at any time. Only the free share is locked for 180 days. After that, sell the share and withdraw the cash.
1
Sign up to Freetrade
You are here10 mins
- Click the button below to sign up to Freetrade
- If you have been referred to Quidsy by family or a friend, you may see their Freetrade link when you click the button. If not, you will be taken to finder.com, which has an exclusive Freetrade promo
- Create your account with your email address
- Complete identity verification and the W-8BEN tax form
- Your free share will go into a General account (GIA), which has no subscription fee
2
Deposit £50
5 mins
- Transfer £50 into your Freetrade account via bank transfer
- You have 30 days from clicking the referral link to make the deposit
Your deposit does not need to be invested in anything. Simply having £50 in your account qualifies you for the free share. You can withdraw it once your free share has been credited.
3
Get your free share
2 mins
- Your free share will be credited to your account shortly after you deposit. It will show as pending
- The share is randomly selected and worth between £10 and £100
- The free share is locked for 180 days. After that, you can sell it and withdraw the cash
| Probability | Share value |
|---|---|
80% | £10 to £25 |
15% | £25.01 to £50 |
3% | £50.01 to £75 |
2% | £75 to £100 |
4
Withdraw your free share+180d
2 mins
- After 180 days from receiving your free share, you can sell it
- Sell your free share and withdraw the cash proceeds to your bank account
- You can also withdraw your initial £50 deposit at any time
- If you enjoy using Freetrade, continue investing with them
- If not, you can withdraw everything and close your account at no cost
Offer Complete
Done? Tick off each step above to see your total.
Quidsy Share: More Free Cash
Make £15 per friend with Freetrade
Freetrade gives you £15 for every friend you refer, up to a maximum of 10 friends.
1Add your Freetrade link to Quidsy
2Share your Quidsy link
Your friends will always see your links, such as Freetrade, in the guide above.
Sign in to grab your Quidsy invite link and start earning.
Quick Freetrade Review
Completed the offer? Awesome! Here's our full review on why Freetrade could work well for you going forward.
Freetrade at a glance
Updated:
A great first investing account for UK beginners who don't want to pay per trade. There's currently a £15 Quidsy offer on the table, with commission-free trading on UK and US stocks. The one watch-out: heavy US traders will get clipped by FX fees unless they upgrade for tighter spreads.
Customers
1.6m
UK accounts
Founded
2018
8 years old
App Store
4.4 ★
17k reviews
Google Play
4.4 ★
24k reviews
Freetrade is a great entry point for anyone new to investing in the UK. The Basic plan now includes the ISA and SIPP for free, on top of commission-free share dealing, which makes it one of the cheapest ways to hold a tax-efficient investment account if you are mostly trading UK stocks.
The app itself is one of the easiest to use in the UK investing space. It does not overwhelm you with charts and data, you can browse stocks, tap to buy, and you are done. The IG Group acquisition gives the business a much bigger backstop than it had as a standalone, which is reassuring if you have been put off by Freetrade's slower start-up years.
The main reasons not to use it are still the same. Heavy US traders will be hit by the 0.99% FX fee on Basic (worth paying for Standard or Plus if you trade a lot of US shares), and anyone who wants deep research, gilts, mutual funds at scale, or international markets beyond the UK and US will outgrow it. For a first investing account, though, it is hard to beat.
Freetrade Limited is authorised and regulated by the Financial Conduct Authority (FRN 783189). Investments are held in nominee accounts; FSCS protection applies up to £85,000 per person if Freetrade were to fail.