Freetrade referral code: get a free share worth up to £100

Looking for a Freetrade referral code? When you sign up through a referral link and deposit £50, you get a free share worth between £10 and £100. It's one of the more generous sign-up offers in the UK investing space.

This guide covers what Freetrade is, how the referral works, and whether it's the right investment app for you.

What is Freetrade?

Freetrade is a UK stock trading app that lets you buy and sell shares commission-free. You can invest in thousands of UK and US stocks, ETFs, and investment trusts through:

• General Investment Account (GIA) — standard taxable account
• Stocks and Shares ISA — tax-free investing (free on basic plan)
• SIPP — personal pension

Freetrade is FCA-regulated, your cash is FSCS-protected up to £85,000, and the app has been recommended by Which? for its simplicity and value.

The basic plan is completely free. Freetrade Plus costs £11.99/month and adds features like higher interest on uninvested cash and more detailed stock analysis.

How does the Freetrade referral work?

1. Click the referral link on this page
2. Download the app and create your account
3. Deposit at least £50 into your Freetrade account
4. Receive a free share worth between £10 and £100

The share is randomly selected from a pool of UK and US listed companies. Most people receive a share closer to the £10 end, but there's always a chance of landing a higher-value one. You can sell the share immediately and withdraw the cash if you prefer.

What can you invest in on Freetrade?

Freetrade offers access to:

• UK stocks — FTSE 100, FTSE 250, and AIM-listed companies
• US stocks — S&P 500 companies like Apple, Amazon, Tesla, and Microsoft
• ETFs — index funds tracking markets, sectors, and themes
• Investment trusts — including popular options like Scottish Mortgage
• Fractional shares — invest from as little as £2 in any stock

The selection is smaller than traditional brokers like Hargreaves Lansdown, but covers all the major companies and funds that most investors need.

Freetrade fees explained

The 0.99% foreign exchange fee on US stock trades is the main cost to be aware of. If you invest £1,000 in a US stock, you'll pay £9.90 in FX fees. This is competitive with most UK brokers.

Freetrade vs Trading 212 vs Hargreaves Lansdown

For beginners and casual investors, Freetrade and Trading 212 are the best options. Freetrade has a cleaner interface and free ISA. Trading 212 has a wider stock selection and lower FX fees. Hargreaves Lansdown is better for advanced investors who need research tools and a comprehensive fund range.

Should you sign up to Freetrade?

If you want to start investing with minimal friction and zero fees, Freetrade is one of the best choices in the UK. The free share referral bonus gives you an immediate return on your £50 deposit, and the commission-free trades mean your money goes further.

The app is intentionally simple — which is a feature, not a limitation. For most people building a long-term portfolio of stocks and ETFs, you don't need complex charting tools or CFDs.

Get your free Freetrade share here.