Best Trading Apps UK – Claim FREE Shares

Since the UK COVID-19 lockdown, trading has become extremely popular. In the US, people are using free trading apps such as Robinhood to trade stocks, options and cryptocurrencies. But in the UK, people are not so lucky as they cannot use Robinhood to trade stocks.

The good news is, there are apps in the UK that allow you to trade stocks which have a good referral scheme like Robinhood.

In this guide, we share trading apps that offer refer a friend schemes in the UK….

Trading 212

What is Trading 212?

Start trading stocks, ETFs, forex, indices and more with Trading 212. With Trading 212, you can invest in Twitter, Netflix, Zoom and Tesla with zero fees and commission. Trading 212 is one of the UK’s most popular trading apps. Founded in 2004 and based in London, the trading app offers the first zero-commission stock trading platform in Europe and the UK.

Who Can Join Trading 212?

The Trading 212 app is open to all traders (beginners, intermediates and experts). It’s user friendly and available on both mobile and web. To use the app, you must be 18 years and over.

How to Join Trading 212?

Head to the Trading 212 website and click ‘Open Account’ on the top right corner. Fill in your details and submit the form. Alternatively, you can download the Trading 212 app from the Google Play Store and Apple App Store. Sign up, and you can start trading once you fund your account – $1, £1 or €1.

At the time of writing, Trading 212 was not accepting new applicants. To join the waitlist, enter your email and click ‘Submit Email’ They will notify you when to open an account.

What Is Trading 212 Refer a Friend Scheme?

The refer a friend scheme is a promotion by Trading 212 where you refer a friend, and both you and your referral earn a free share. To qualify for the promotion, you and your referral must be residents of the:

• UK
• Germany
• France
• Austria
• Ireland
• Netherlands
• Luxembourg
• Lichtenstein

You must also have an active Trading 212 Invest/ISA account. Your referral must open and fund the minimum deposit amount – $1, £1 or €1 – in a Trading 212 Invest account.

What Do You Get When You Refer a Friend to Trading 212?

Trading 212 is offering fee-free trade ETFs and shares to you and your referral. If you deposit the minimum amount of $1, £1 or €1, Trading 212 will give you free share worth £100 or €100 in 24 hours.

Freetrade

What is Freetrade?

Freetrade is another UK based fintech company that offers commission-free trading. Launched in 2016, Freetrade is a member of the London Stock Exchange and regulated by the Financial Conduct Authority. The company launched an iOS trading and investing app in 2018, followed by an Android version in 2019. Today, the company has over 500,000 registered users and is growing.

Who Can Join Freetrade?

Like the Trading 212 investing app, Freetrade is open to everyone interested in trading stocks and ETFs. To get started, you must be 18 years and over. Also, you must be a resident of the UK.

How to Join Freetrade?

To set up your Freetrade account, you need to be a UK resident and have a UK bank account. During signup, you need to provide the following details:

• Name
• Date of birth
• Address
• Nationality
• National Insurance number

You can open a Freetrade account if you’re a UK resident but not a British citizen. To open an account, you need to provide the details above plus your National Identification Number. Once you sign up, Freetrade will verify your details immediately and activate your account.

To create your account, download the Freetrade app from Google Playstore and Apple App Store.

What Is Freetrade Refer a Friend Scheme?

The Freetrade refer a friend scheme is a promotion where you refer a friend to Freetrade from your app and earn a free share. To refer a friend, launch your Freetrade app, tap on the Free share button and send it to a friend. If your friend accepts, downloads the app, signs up, and funds his/her account, you both get a free share.

What Do You Get When You Refer a Friend to Freetrade?

If you refer a friend, Freetrade will give you a free share in Microsoft or Lululemon. The free share is worth up to £200. To refer a friend, you must fund your Freetrade account.

Orca

What is Orca?

Orca is an investment app that you can buy ETFs, stocks and learn how to invest. The trading and investing app offers access to 250+ stocks and ETFs on the London Stock Exchange. With Orca, you can build your first collection of assets. With no hidden fees and subscriptions, you can enjoy a smooth investing experience. Also, the app offers access to real-time market data from the exchange at home and on the go.

Who Can Join Orca?

To join Orca, you must be 18 years or older and be a UK resident. Trading experience does not matter because the app is user friendly, which is perfect for beginners.

How to Join Orca?

Orca is available on Google Play Store and the Apple App Store. Currently, users have downloaded the apps over 10,000 times. Orca is in beta. To join, download and install the app. Complete the registration and identity verification, then start trading after depositing £50.

What Is Orca Refer a Friend Scheme?

The Orca refer a friend scheme is a referral program to invite your friends or colleagues and get free shares. Since the start of the program, Orca rewarded users with over £19,000 worth of shares. To refer a friend, download the Orca app, open a GIA and purchase three different assets of your choice.

Share your referral link with friends, wait until they meet the conditions and receive free stocks.

What Do You Get When You Refer a Friend to Orca?

When you refer a friend, you get a free stock worth up to £200.

Stake

What is Stake?

Stake is a trading and investing app that offers direct access to trade more than 3,800 securities in the US stock market. The app executes your trades in real-time and offers access to advanced order types. Fully licensed in the UK, USA and Australia, you can make as many trades as you like and never pay a cent on brokerage fees.

Who Can Join Stake?

Stake is open to people aged 18 years and over. Since the app has a user-friendly interface, anyone can trade over 3,800 securities on the US Stock exchange.

How to Join Stake?

To join Stake, download the Stake Android or iOS app. Sign up and complete the usual verification questions. Registration takes less than 5 minutes. Once your account gets activated, you’ll have a countdown timer that will let you know when to deposit your funds to qualify for free shares. To start trading, deposit about £50.

Alternatively, head to the Stake website, click ‘Get Started’ and the site will redirect you to another webpage. Enter your mobile number, and Stake will send you a link to download the app.

What Is Stake Refer a Friend Scheme?

The Stake refer a friend scheme is a referral program for promoting the trade and investing app to your friends. When you share your referral link with friends, you both receive free shares when your referral signs up and deposits funds.

What Do You Get When You Refer a Friend to Stake?

You and your referral will get a free share. There are only 3 shares, and to get your free share, the Stake app will present you with a wheel. Spin the wheel and get your prize.

Passfolio

What is Passfolio?

Invest in US Stocks with Passfolio. Passfolio is an American broker that allows people to invest in stocks from the US market with no commission fee. Available in 170+ countries, the fintech company is currently headquartered in San Francisco.

As a fast and easy to use trading platform, Passfolio allows people to fund their accounts with cryptocurrencies such as Bitcoin. The system converts the cryptocurrencies into dollars that traders can use to buy securities.

Who Can Join Passfolio?

To create your Passfolio account, you need to be at least 18 years old. Once you register as a user, you can make small investments in big companies such as Tesla, Nike, Netflix and others. In fact, you can buy as little as $1 of any asset.

How to Join Passfolio?

To start investing in stocks, ETFs and REITs in the US market, download the Passfolio app. It’s available on the Google Play Store and Apple App Store. Launch the app, and sign up by submitting your information. Passfolio will review your application and can approve your account within one business day. If Passfolio requires additional information, they’ll get in touch by email.

What Is Passfolio’s Refer a Friend Scheme?

Passfolio’s refer a friend program is a promotion that allows you to send invites to your friends. To get started, launch your Passfolio app, go to the Account tab and select “Referrals.” Send your referral link to your friends.

When your friend deposits $25 in cash or $50 in crypto via Passfolio Financial, both you and your referral will receive free stock.

What Do You Get When You Refer a Friend to Passfolio?

When you refer a friend to Passfolio, you’ll both receive free shares worth $100. Other rewards you may receive include…

• $1 – standard reward
• $5 – 1 chance in 50
• $25 – 1 chance in 100
• $50 – 1 chance in 200
• $75 – 1 chance in 300

Remember, to receive your reward, you and your referrals must follow Passfolio’s Rewards Program Rules.

Final Thoughts…

Mobile trading apps are evolving. Unlike their desktop counterparts, mobile trading apps allow you to access your account and trades on the go. In fact, traders can open new positions and access real-time market data. The mobile trading apps above are easy to use, user friendly and rich in features.

If you want to trade from the comfort of your home or on the go with zero commission fees in the UK or worldwide, check out the trading apps reviewed above.