Trading 212 free share update: July 2021 – Due to unprecedented demand, Trading 212 paused its account opening service earlier this year and isn’t currently onboarding new members. However, there’s a waitlist available and I’ve heard the onboarding process will resume in the coming weeks! It’s worth getting on the waitlist ASAP, even if you eventually decide against opening an account.
If you’re looking for Trading 212 alternatives, Freetrade is a popular option and it also has a generous referral scheme. If you open a Freetrade account using this link and follow the instructions, you’ll receive a free share worth up to £200! I’ll also receive a free stock for recommending you.
Please note that this post includes affiliate links. This means that if you make a purchase after clicking one of the links on this website, I may make a commission at no extra cost to you.
When I first read about Trading 212 on another money blog, I was suspicious. The blog said if I created an account with Trading 212 using a referral link and deposited just £1, I’d receive one free share and within just a few days I’d be able to sell that share and withdraw a sum of money up to the value of £100.
I was sceptical. It seemed too good to be true. Nevertheless, I decided to give it a go to see whether there was any truth in this money-making trick or whether money bloggers were only promoting it because of its generous referral scheme.
Is Trading 212 safe?
First thing’s first, is Trading 212 safe? At the start, this was my biggest concern too. Thankfully, Trading 212 is a legit website (as in, regulated by the FCA & your funds will be covered by the FSCS) and by following the steps I share below, you can receive a free stock worth up to £100.
For many, the Trading 212 free share offer is an opportunity to get some free money before never using the website again.
For others, this could be an accessible way into the world of investing. Since using the Trading 212 sign up offer, I’ve begun investing myself and now have more than £1,000 in my Trading 212 account spread across companies such as Nike, NIO, Astra Zeneca and Asana.
Click here to create a free Trading 212 account and get your free share up to the value of £100 today.
What is Trading 212?
In its own words:
“Trading 212 is a London based fintech company that democratises the financial markets with free, smart and easy to use apps, enabling anyone to trade equities, Forex, commodities and more.
“We disrupt the stock brokerage industry by offering the first zero commission stock trading service in the UK and Europe, unlocking the stock market for millions of people.
“Our mobile app has more than 14 000 000 downloads, which makes it one of the most popular trading apps in the world.”
Trading 212 is authorised and regulated by the Financial Conduct Authority (FCA). All clients’ funds are kept separately in segregated bank accounts and are covered by the Financial Services Compensation Scheme, FSCS (Trading 212 UK Ltd.) and the Investors Compensation Fund, ICF Bulgaria (Trading 212 Ltd).
How much money can I make from Trading 212 free share offer?
I made £88.83 by signing up using a referral link and depositing £1 into my Trading 212 account.
It took about 10-15 minutes to create my account and deposit £1. The next day I received an email to say I’d been given a share worth £88.83.
I then had to sell the share (which took a matter of seconds once I found the sell share button by hovering under the Price section at the bottom of the dashboard).
30 days after the share had initially been given to me, I was able to withdraw it to my bank account.
How do I get my Trading 212 free share?
Here’s a brief step-by-step guide to getting your free stock from Trading 212.
- Sign up for Trading 212 using my free share referral link
- Deposit £1 into your Trading 212 Invest account – emphasis on the word ‘Invest’. There are a few different types of account. You must select the Invest option to be eligible for the free share
- Sign in the following business day to find your free share
- Sell the share for its current value. You can usually do this straight away
- 30 days after you first received the share you can withdraw its value back into your bank account
Will everyone make the same amount from signing up to Trading 212?
While I ‘won’ big from Trading 212, others won’t be quite as lucky.
I was so excited after making £88 from just minutes of work that I encouraged my boyfriend to sign up too. Unfortunately, he wasn’t quite so successful and came away with a share for Under Armour worth just £8.
When I recommended Trading 212 to my Instagram followers, many signed up using my referral link and messaged me afterwards to tell me how they’d done.
Many received an £8 Under Armour share but there were others receiving £19 Bank of America shares, £25 Uber shares, £75 Starbucks shares and even £90 AstraZeneca. All this for just a few minutes of typing your details into the Trading 212 website!
What information will I need to share with Trading 212?
Trading 212 will ask for pretty standard details from you such as your date of birth and address.
Don’t be surprised if it goes a little deeper, though. The app might also ask for your salary and National Insurance number.
Should I continue trading with Trading 212 after I’ve made money from my free stock?
This one is completely up to you. When I first wrote this blog post I was in no hurry to deposit more of my own money into my Trading 212 account until I knew more about it.
However, I’ve since done tons of research into how the platform works and have used it as my entryway into the world of stock market investing.
There are lots of people who use Trading 212 as an alternative to more traditional investment platforms – mostly because unlike other platforms, Trading 212 doesn’t charge you commission and you can invest with as little as £1.
I’ve really enjoyed playing around with the app and exploring the website to watch how various companies are performing. It’s interesting to see how a modestly priced share at a particular company could have grown over the years. Perhaps you’ll find yourself investing in the next big thing!
As with any product or service I talk about on Can’t Swing a Cat, please carry out your own research before leaping in and committing much larger amounts of your own money to Trading 212. I’m by no means a financial expert and since I have no formal finance qualifications, I’m in no position to offer financial advice to anyone.
I’ve already gotten my Trading 212 free share. What now?
Use the Trading 212 free share referral scheme to your advantage
If you have a partner or friend who’d also like to sign up to Trading 212 and get a free share, log into your account, click your email in the top right hand corner of the screen (on desktop) and hit ‘get free shares’. You’ll then be able to send this link to your friend and when they sign up and deposit £1 into their account, you’ll each get a free share.
Play around with the app and get a feel for how investing works
If you’re new to the world of investing, Trading 212 could give you an opportunity to dip your toe in the water and get a feel for the world of investing, in a hands-on and easy-to-understand way. I’d recommend watching some of Trading 212’s tutorials and video guides to learn more.
Make the most of other investing apps’ free share offers
Trading 212 isn’t the only investing app available. Take a look at my Freetrade review, Orca review and Stake review. Each investing app has its own free share offers, meaning you could make hundreds of pounds simply by signing up for each one.
Please note this post includes affiliate links. This means that if you create an account after clicking one of the links in this post, I may make a small commission at no extra cost to you.
