How to Make Money from Free Share Offers

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free share offers

‘Free Shares’ – you’ve probably seen these offers floating around on social media. But are they legit? And can you make money from them?

The short answer is ‘yes’ and ‘yes’, but I’m going to start this post with a little disclaimer – these are trading and investment apps, but I will be talking about them purely from the free share offer standpoint. I have no experience in investing and so can’t offer any insight into these apps beyond the free share offer.

What I can say, is that I have successfully completed the steps outlined below for each of the apps mentioned and successfully withdrawn my money, therefore I am confident to take you through the sign up and offer process, so that you can do the same.

What are Free Share Offers?

Well, it’s as it sounds basically – sign up to the trading platform, receive a free share.

The shares are issued at random, so what you receive could be worth pennies or up to £200 in some cases.

But once you’ve been issued your free share, you can sell it and withdraw the proceeds which ultimately makes you a little money.

Once you’ve completed your initial sign up offer, you can potentially earn more money by inviting friends.

For every person you successfully invite, you will receive another free share.

Do I Need Investing Knowledge to Get My Free Share?

Absolutely not. As I mentioned in my disclaimer, I have zero investing knowledge (though I am keen to change this in the near future!).

All you need to do to get your free share, is follow the steps outlined for each platform.

If you then want to close your account – go for it.

Of course, you can actually keep your account open for investing purposes but please ensure you do your own research beforehand.

Where Can I Get Free Share Offers?

Trading 212

trading 212

Trading 212 have currently paused new accounts due to unprecedented demand.

Click here to join the waitlist and receive a notification when you can open an account.

Free Trade

freetrade

How to Get Your Free Share Offer

  • Download the Freetrade app* and register your details.
  • Complete your personal details to verify your account.
  • Deposit £1 and get a notification that you’ve got a mystery free share.
  • Wednesday afternoon is Free Share day – so wait excitedly to see what you got and what it is worth.
  • Go to the portfolio page and sell your free share. (the length of time it takes to sell will depend on what time you sold it and stock market opening hours).
  • Once you’ve sold your free share you can withdraw your money!

How to Make More Money

You can continue to earn free shares by referring friends.

Simply click on the portfolio tab and then ‘Free shares’ at the top right to go to your referral page where you can get your unique link to share.

For each friend that signs up using your link (here’s mine if you want to sign up*), you’ll receive another free share!

Stake

Now Stake* actually requires a larger initial deposit than the first two platforms (minimum of £50) but if you can afford that money to be tied up for a few days, it’s another one worth doing.

Stake App Invite Page

How to Get Your Free Share Offer

  • Download the Stake app*
  • Complete your personal details, it’ll also ask for your NI number which confirms your identity. If they can’t automatically confirm your identity at this point in the sign up process, you’ll need to provide further proof of identity.
  • Deposit £50 – the app will ask you who you bank with and redirect you to your banking to complete the transaction.
  • Once you’ve completed your deposit, the funds will show under ‘Funds in Flight’ with an ETA in NY time – at this point you can turn on notifications so that the app will notify you when the funds are available (they clear during market open times).
  • Next, you can claim your free share by clicking ‘Claim Free Stock’
  • You’ll then be given a wheel to spin which will win you a free share in either Dropbox, GoPro or Nike (I got a GoPro share)
  • You will receive your free share within 3 working days
  • Once you’ve got your free share you can sell it and withdraw** your money – it’s that straightforward!

**my deposit was held in Reserved Cash for a few days, so from deposit to clearing for withdrawal the process for me personally, was 6 days. It’s also worth keeping an eye exchange rates as there is a $2 fx charge and a $2 bank processing fee, which means if you received a low value share, you might actually end up withdrawing slightly less than your original £50.

How to Make More Money

You can continue to earn free shares by referring friends.

Simply click on ‘Get Free Stock’ at the top of your dashboard and you’ll be taken to your referral page where you can get your unique referral code or share your link.

For each friend that signs up using your link (here’s mine if you want to sign up*), you’ll receive another free share!

HOW TO MAKE MONEY FROM FREE SHARE OFFERS

 

 

 

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