Refer a friend to Freetrade and both of you get a free share worth between £10 and £100 once the friend funds £50, but proceeds are locked for 180 days.
Researched and rated by the BrokerBonuses editorial team · Last verified 2026-06-07 · How we rate
Risk warning: Trading carries a high risk of losing money, especially with leveraged products such as CFDs. A bonus does not reduce that risk. Only deposit what you can afford to lose.
Value rating breakdown
Availability
Checking availability…The catch
The free share and any cash proceeds from selling it can only be withdrawn after 180 calendar days from the award date. Both referrer and friend must keep net funding at or above £50; if the friend's balance drops below £50 before the share is awarded, the referral is void.
How to claim
- Existing Freetrade customer shares their personal referral link with a friend or family member (not on public social media or forums).
- Friend signs up via the referral link, passes onboarding checks, and completes the W-8BEN form to trade US stocks.
- Friend funds the account with net deposits of at least £50 within 30 calendar days of using the link.
- Referrer must also hold net funding of at least £50.
- Both sides receive a free share worth between £10 and £100, typically within 7 to 10 days of qualification.
- Cash proceeds from selling the free share can only be withdrawn 180 calendar days after the award date.
Full review
Freetrade's referral programme gives both the existing customer (the referrer) and the newly referred friend a free share once the friend opens an account and funds it with net deposits of at least £50 within 30 days of using the referral link.
The referrer must also hold at least £50 of net funding. Both parties need to be UK tax residents, pass onboarding checks, and complete the W-8BEN form for US stock trading. The catch is in the headline figure. The free share is "worth between £10 and £100," but the value is weighted so that low-value shares are far more common than high-value ones, so most people receive a share near the £10 floor rather than anything close to £100.
On top of that, neither the share nor any cash from selling it can be withdrawn until 180 calendar days after the award date, so the money is locked up for roughly six months. Eligibility is limited to UK tax residents. US nationals and dual US nationals resident in the UK are expressly excluded.
Referrals must go to friends and family only: sharing the link on public social media or forums such as TikTok, Instagram, Facebook, Reddit, YouTube, or Twitter results in disqualification. A referrer can earn no more than 10 free shares per calendar month.
Pros
- +Both the referrer and the friend get rewarded.
- +Low entry barrier: only £50 net funding required.
- +Free share can be held or sold for real cash.
Cons
- −The £10-£100 range is weighted toward low-value shares, so most users get near £10.
- −Proceeds are locked for 180 calendar days.
- −Limited to UK tax residents; US nationals excluded.
- −Cannot be shared publicly on social media or forums.
£10 with Freetrade
Now you know the terms. Claim it on the broker's own site.
Sources & verification
We research every bonus from the broker's official pages and re-check it on a 60-day schedule.
Confirmed against official sources: Bonus amount, Withdrawal terms, Hold requirement, Minimum deposit, Time limit, Eligible countries, Restricted countries, status.
Broker regulation: Financial Conduct Authority (license 783189).
- Bonus terms and conditions: freetrade.io ↗
- Freetrade official site: freetrade.io ↗
Last verified 2026-06-07. Next review within 60 days.