How to get free stocks and shares in the UK

Find out which share trading platforms are giving away free shares or welcome bonuses.

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Top free shares and welcome offers for May 2024

Promoted for

Free shares

Freetrade image
Free share up to £100
Capital at risk.T&Cs apply
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Flexible ISAs

CMC Invest flexible stocks and shares ISA image

How to get free shares in a few simple steps

Most of the time, getting free stocks is really simple and requires virtually no effort. The process for each provider is slightly different, so check out our individual guides below for provider specific how-to lists.

  1. Check out some of the offers available. We’ve listed some of the best ones below with some of the things you’ll need to consider.
  2. Get a referral link (and click on it!) You might need to ask a friend to refer you. We have some referral links too.
  3. Sign up. You’ll often need to be a new member for this process to work.
  4. Deposit the minimum amount. A lot of providers have a minimum deposit. You’ll often have to put this much into your account before you get the shares.
  5. Satisfy any additional conditions. There might be additional things you’ll need to do – like keep your money invested for a certain period or play a minigame.
  6. Get your freebie. See! We told you it was easy.

Best platforms for free stocks and shares in the UK

PlatformFinder ratingOffer from providerLink to get offer
Freetrade logo★★★★★Free share worth up to £100. T&Cs apply. Capital at risk.Capital at risk
Investengine logo★★★★★£10 – £50 referral bonus. T&Cs apply. Capital at risk.Get offerCapital at risk
CMC logo★★★★★Up to £250 transfer bonus. T&Cs apply. Capital at risk.Capital at risk
Scottish friendly logo★★★★★Welcome gift up to £75. T&Cs apply. Capital at risk.Get offerCapital at risk
ii logo★★★★★£50 free trading credit. T&Cs apply. Capital at risk.Get offerCapital at risk
Wealthify logo★★★★★Refer a friend and both you and they will get £50 cashback. T&Cs apply. Capital at risk.Get offerCapital at risk

Freetrade: Free stock worth £10-£100

Freetrade

Benefits
  • Trade for free
  • Easy to use app and sign up process
Disadvantages
  • Graphs are more pretty than useful
  • ISA costs an additional £4.99 per month (if fee paid annually)

You need to be a new Freetrade customer to get this deal. If you’ve got an account already, you can refer friends to get free shares (see the last step in the “how to” guide), but you can’t get one for opening your account.

The free share you receive will be worth at least £10. You can refer up to 10 friends to get additional free shares.

How to get the free stock
  1. Open an account. You’ll need a referral link – this could be one sent to you by a friend or you can use our link
  2. Fund your account. You usually have to deposit at least £50 within 30 days of opening an account. Freetrade sometimes has “special offer” periods when the minimum funding is lower.
  3. Fill out your W-8BEN form. This means you’re able to get a US share.
  4. Get your shares. Between 7 and 10 days later, both you and the friend that referred you will get a free share added to your accounts.
  5. The fun doesn’t stop there. You can get more free shares by referring your friends to Freetrade. They’ll need to follow the above steps 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 a significant amount into your account to get the free share, and there’s the chance to continue getting free shares until Freetrade pulls the offer (or 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), so there might be tax implications when you sell. You’re more likely to get a lower value than a higher value share, as the probability is weighted.

Capital at risk


InvestEngine: Refer a friend and you’ll both get between £10 and £50 when they invest

Invest engine

Benefits
  • Low fees
  • Both ready-made portfolios and DIY investing available
Disadvantages
  • The referral bonus and your original deposit must stay invested for at least 12 months
  • You can’t invest in individual shares with InvestEngine

Both you and the person you refer will receive a bonus of between £10 and £50, paid into your InvestEngine accounts. You can refer up to 25 friends to InvestEngine to keep receiving referral bonuses.

How to get the freebie
  1. 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.
  2. Fund your account. You need to deposit at least £100, in line with InvestEngine’s T&Cs.
  3. Choose your investments. This can be ready-made portfolios or you can create your own portfolio of exchange-traded funds.
  4. 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.

Capital at risk


Scottish Friendly: £75 My Rewards gift voucher when you take out a My MoneyBuilder Select (ISA)

Scottish Friendly

Benefits
      • You can invest in an ISA
      • Ethical investment options
Disadvantages
    • Only ready made investments available
    • The welcome bonus isn’t a free share – it’s a shopping voucher

This isn’t really a free share, but it is a freebie.

You’re eligible for this reward when you add a My MoneyBuilder Select ISA to your account. The £75 My Rewards gift voucher 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
  1. Open an account. You can do this on the website. Existing Scottish Friendly customers can also get the voucher by adding the ISA to their account.
  2. Select the My MoneyBuilder Select ISA. Make sure you haven’t already paid into an ISA in the current tax year.
  3. You’ll receive your gift within 28 days of your first payment. Easy as that.

All that’s left to do is choose where to spend it.

How easy is it?

It’s easy, but you can’t do it if you already have an ISA open.

Something to consider

The only investment products that Scottish Friendly offers are ISAs, so this is worth bearing in mind if you want access to wider investment options.

Capital at risk



Wealthify: Refer a friend and both you and they will get £50 cashback

Wealthify

Benefits
  • See your portfolio on your web browser and in its mobile app
  • You can start investing with as little as £1
Disadvantages
  • There’s a 3-month wait for you and your friend to receive the referrral fee
  • No DIY portfolio option

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
  1. The person referred must open an account. They’ll need to use the friend referral link.
  2. Fund your account. If you’ve been referred, you need to deposit at least £250 (as a lump sum or over several deposits).
  3. 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.

Something to consider

Unlike some platforms, with Wealthify you can get your bonus placed into your ISA.

Capital at risk


interactive investor: £200 cashback when you refer a friend

interactive investor logo

Benefits
  • Great range of investments
  • Lots of account types available
Disadvantages
  • Fees can be high for small investments

interactive investor has a refer-a-friend offer that gets the referrer £200 in cashback when they refer a friend. The referred friend doesn’t get cashback, but does get their service plan free for the first year, worth £120. The referred friend needs to fund their account by £10,000 in order for the referrer to get the cashback and the referee to get their service plan for free.

How to get the free service plan
  1. Get your friend to recommend you through their ii account. They’ll drop you a link to follow.
  2. Register for the offer. You’ll need to supply your full name and email address, as well as the email address of the person that referred you.
  3. Sign up for interactive investor. You can choose which account type you want, such as an ISA, a trading account or a pension.
  4. Fund your account with £10,000. You can do this by transferring from another account or with a top up.
  5. Get your service plan free for 12 months. You’ll get confirmation after 10 days.
  6. Refer friends. If you know anyone you’d like to refer to interactive investor, you can follow the steps below to receive £200 cashback..
How to get the £200 cashback
  1. Log into your interactive investor account. You need to drop them a link to the page linked within your account.
  2. Remind your friend that they need to register for the offer. They’ll need to supply their full name and email address, as well as your email address.
  3. Wait for your friend to do their bit. They need to register for the offer, register and fund their account.
  4. Get your £200 cashback.You’ll get confirmation of this after 10 days.
How easy is it to get the cashback or free service plan?

It’s quite easy, but you have to deposit a significant amount to get it, which is quite disappointing. While a free service plan for a year is a pretty good offer, it’s not particularly exciting for new investors, but you could then start referring friends of your own to get cashback, which is quite enticing.

Something to consider

You need to put at least £10,000 into your account to get your friend cashback and get a year for free.

Capital at risk

Frequently asked questions

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.

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