Method for Acquiring Zero-Cost Shares Worth Significant Monetary Value
In the world of investing, getting a head start can make a significant difference. Several investing platforms in the UK are offering free shares and bonuses for new customers, making it easier for beginners to dive into the stock market.
One such platform is Trading 212. New users can claim free shares worth between £5 and £100 when they sign up using a referral link from one of Trading 212's partners or a friend. Not only that, but Trading 212 also offers commission-free stock trades, no platform fees, and 4.35% interest on uninvested cash.
Freetrade is another beginner-friendly platform that offers a sign-up reward of free shares valued between £10 and £100. With commission-free stock and ETF trading and an easy-to-use mobile app, Freetrade is a great choice for those new to investing.
IG, a well-known name in the financial industry, is offering a limited-time sign-up bonus. New customers investing at least £20 receive between £20 and £100 in free UK shares. This offer applies to a General Investment Account (GIA), Stocks & Shares ISA, or SIPP, with shares credited to the GIA.
InvestEngine, targeting beginner investors, offers a sign-up bonus between £20 to £100, with a minimum deposit of £100. To keep the bonus, customers must remain invested through the platform for a minimum of 12 months.
Robinhood, while only allowing users to invest in US-listed stocks, offers a unique feature. Users can choose their own free share from a list of 26 S&P 500 firms when referring a friend. Robinhood also offers a referral scheme where users can receive another free share.
It's worth noting that some platforms, such as eToro, Webull, Lightyear, and EasyEquities, while offering low fees and educational resources, may not specifically offer free share bonuses.
For a beginner seeking free shares or sign-up bonuses in the UK, Trading 212, Freetrade, and IG are top recommendations with clear offers and minimal upfront investment requirements. However, it's always important to do thorough research and consider your investment goals before making a decision.
As the Chancellor, Rachel Reeves, aims to foster a retail investing culture in the UK, these offers provide an excellent opportunity for those looking to start their investing journey. Kalpana Fitzpatrick, editor of an unspecified website and author of Invest Now, advises against relying solely on a free trade and encourages diversification through products like exchange-traded funds.
Interactive investor is another platform that caters to beginners. They offer £100 worth of free trades to new customers who open an ISA or trading account with them until 31 July.
Remember, while these free shares and bonuses can help get you started, it's essential to approach investing with a long-term perspective and a diversified portfolio. Happy investing!
References:
- Investing.com
- The Telegraph
- Trading 212
- IG
- Freetrade
- InvestEngine
- Robinhood
- Beginners in the UK can claim free shares worth between £5 and £100 when they sign up with Trading 212, a platform offering commission-free stock trades and 4.35% interest on uninvested cash.
- Freetrade, another beginner-friendly platform, provides new users with free shares valued between £10 and £100, along with commission-free stock and ETF trading on an easy-to-use mobile app.
- IG, a renowned name in finance, offers a limited-time sign-up bonus where new customers investing at least £20 receive between £20 and £100 in free UK shares, applicable to General Investment Account (GIA), Stocks & Shares ISA, or SIPP.
