Investing platform XTB is back with another banger deal and this time, you can get yourself one whole share of SoFi Technologies (SOFI), for free! All you need to do to get your free SoFi stock from XTB is sign up to the platform (as a new customer) and make a deposit within 7 days. However, this deal is currently limited to just the first 250 customers, so it’s not likely to be around for long.
Open an XTB account. 👤
This can be done from 19 May, but bear in mind the free stock offer is due to end 30 June.
Use code FINDER. 🏷️
You can do this during registration of the account. You'll also be invited to tick a box to accept the conditions for the promotion.
Get verified by XTB. ✅
This typically happens the same day you sign-up, and you'll get notified by email. XTB might also phone you.
Deposit funds to the account. 💳
Now your account has been activated, you'll need to add funds within 7 days to be eligible for the free stock.
Receive confirmation email. ✉️
An email will be sent out to you confirming that you have qualified for a free SoFi stock.
Get your free stock. 🎉
Within 3 business days after your account has been funded, XTB adds your free SoFi share to your account!
Capital at risk.
So, lets fly through the details about this deal: how to qualify for the free stock to help get your portfolio up and running (and why XTB is worth checking out in the first place).
If this doesn’t sound like the deal for you, check out more free-share deals. Otherwise, let’s go through those “need-to-knows” one-by-one.
You must live in the UK, be over 18, and you cannot previously have traded in a GIA or ISA with XTB. Yes, that’s rather a lot of abbreviations.
During the account registration process, make sure to use the promo code “FINDER”.
You need to deposit funds within 7 days of creating your new XTB account. There’s no fee to make deposits with XTB, and there’s no minimum deposit amount, but the minimum investment you can make with fractional shares is £10.
XTB is commission-free (up to a monthly turnover of €100,000 and after that there’s a 0.2% commission with a £10 min.), but expect to pay stamp duty of 0.5% if you invest in UK shares, or a 0.7% foreign exchange (FX) fee for international investments.
XTB is currently running this offer from 19 May through to 30 June, but it could pull the plug on this deal at any time if it runs out of free shares (it’s currently capped at the first 250 customers).
XTB has no platform fees, so it doesn’t cost you anything to open and hold a GIA account with the platform. So, no charge for signing up and no unexpected monthly bills. However, there is a €10 per month inactivity fee after 12 months if there’s also been no cash deposit in the previous 90 days.
You’ll get one full free share of SoFi Technologies (SOFI), but it’s important to keep in mind that the value of those shares can fluctuate and the price at any given moment is fluid. Share prices may go up or it may go down (or it may stay steady), depending on market conditions, before or after you get your free share.
Bit of a shocker, this one, but easily avoidable by either using your new account or closing it. If you don’t trade on the account for more than 12 months, and there has been no cash deposit in the previous 90 days, you’ll start incurring a fee of “€10 monthly (or equivalent in GBP, USD)”. XTB’s not the only platform with a charge like this, but it still irks.
Any investments you make, including your free welcome share, can go up or down in value. That’s the nature of investing.
Claim free shareCapital at risk.
Since you’re going to be becoming a SoFi shareholder by making the most of this offer, you should probably know a little bit about SoFi stock!
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
Capital at risk.
Founded in 2004, XTB is a European investing brokerage based in Poland and it’s one of the largest publicly listed brokers in the world. XTB is an extremely cheap platform, with no fee to open and hold an account, and zero commission to pay on buying and selling stocks (up to a monthly turnover of €100,000 and after that there’s a 0.2% commission with a £10 min.).
One important thing to note is that each trade requires a minimum of £10, so you’ll need to buy or sell at least that amount per trade.
This platform is ideal for users with some investing or trading experience who want a simple, practical app for buying and selling investments.
If you don’t like this deal or if you miss out because you weren’t quick enough to take it up (don’t say we didn’t warn you), here are some alternative deals to check out:
Get free shares up to £100
Earn 4.51% AER variable tax-free with Finder's link
Get up to £200 cashback on investments
Get up to £1,000 in free SpaceX shares
Get up to £300 in free shares
Free stock worth £10-£100 (deposit £50)
Sign-up welcome bonus of £20-£200 (deposit £100)
Earn £100 for you and £50 for your friend
Earn 3.8% on uninvested cash
Refer a friend and get up to £100 each
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