4 Investment Platforms in Australia with Free Stocks!

Living in Australia and interested in free stocks and shares? Well, if you’re after some extra cash and bonuses, you’ve come to the right place. With a growing number of investment platforms and apps available to Australian investors, there are heaps of opportunities for you to snap up some free stocks and shares. 

To help you out, we’ve put together a compilation containing all the best free stocks, shares, and sign-up deals in Australia. Keep reading for a complete breakdown of the various promos available.

List of Apps with Free Stocks and Shares in Australia

1# Stake (1 free stock)

Stake is an online broker offering access to over 6,000 stocks and ETFs. Only available in four countries: Brazil, Australia, New Zealand and the United Kingdom.

To get your Stake free share, you need to follow the following steps:

• Open your Stake account.
• Fund your account (in 24 hours!).
• “Play the game” and get your free share.

You can also earn additional shares by referring friends to open a Stake Wall St. account with your referral link. Or, for every friend who signs up to Stake Aus, you’ll get $1 off your brokerage fees for 12 months (so after 3 referrals, you can trade on the ASX for free). Here are the Aus Rewards terms and conditions.

Other Limitations & Conditions of the Stake free stock program:

• Remember: the free share is only available 24 hours from when you first view the dashboard/portfolio page on the Stake app/website after your Stake account becomes approved.
• Stake will randomly issue you one of the available stocks (Nike, Dropbox, GoPro, or a mystery stock)
• The free share takes 1-2 days to be credited into your account.
• The free share is only available when you fund via Stake (on the app or web) and does not apply when you make a direct USD deposit.
• Stake may change the offer terms for its referral programme or terminate the referral programme for any reason without notice to the client.

Want to know more details about this program? Check out our article on the Stake free stock bonus or read Stake’s Free Stock Terms and Conditions.

List of Apps with Free Stocks and Shares in Australia

2# Tiger Brokers (free stock vouchers and 30 shares)

Tiger Brokers has over 9 million users worldwide and aims to deliver knowledge, innovation, and next-generation technology to Australian investors with its brokerage platform.

Here’s how you can get $50 worth of free stock, discounted brokerage fees, plus 30 free Zip shares:

1. Sign up for an account using this Tiger Brokers referral link. 
2. Deposit at least one cent into your account (that’s all!). 
3. In the ‘Reward Centre’ you’ll automatically receive two free stock vouchers worth $25 each. Plus, you’ll also get 30 free Zip (ZIP) shares dropped into your account within 20 days.
4. You’ll get 90 days of free trading and then 20% off brokerage fees after the free period. 
5. Once you’re set up, you can refer friends using your link and earn more free stock vouchers!

For the free stock vouchers from Tiger Brokers, one can only be spent on ASX stocks and ETFs and the other can only be used for US stocks and ETFs. You can check out the full terms and conditions for the free stocks and shares sign up promo here. 

Details for the refer a friend scheme can be read here. You can refer up to 5 friends and earn free stock vouchers from Tiger Brokers each time.

List of Apps with Free Stocks and Shares in Australia

3# moomoo (up to 15 free shares)

moomoo is Australia’s first AI-powered trading platform. It boasts over 19 million users globally and allows investors to trade in multiple international markets.

Here’s how you can get some free cash to spends on stocks along with brokerage-free trading from moomoo:

1. Use the link: Click on this Moomoo referral link.
2. Deposit $100 & get 5 stocks: Maintain a net deposit worth $100 to be eligible for five chances to draw for free stock (valued up to $2,000). Keep an average balance of $100 for 60 days to unlock your free stocks.
3. Deposit $1,000 & get 15 stocks: Maintain a net deposit worth $1,000 to be eligible for fifteen chances to draw for a free stock. Make sure to keep an average balance of $1000 for 60 days to unlock your free stocks.
4. Refer friends & earn additional shares.

The deal from moomoo is only running for a limited time and may not be renewed. You can read the full terms and conditions. 

List of Apps with Free Stocks and Shares in Australia

4# Interactive Brokers (free stock)

Interactive Brokers is a US-based brokerage firm that operates some of the largest investment and trading platforms across the UK, Europe, America, and the rest of the world.

Follow these steps to get up to $1,000 worth of free IBKR stock:

1. Sign up using this referral link and set up an individual or joint account. 
2. For every $100 you deposit, you’ll earn $1 worth of free IBKR stock.
3. You can accumulate more free stock throughout the first year, but you must maintain your average balance. 

Once you’re set-up, you can also earn additional cash bonuses by referring friends and family using your unique referral code, details on their website.

Want to know more about the Interactive Brokers free stock bonus? Check out our detailed guide explaining everything you need to know about the Interactive Brokers referral promotion.

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