[WARNING: On the 15th of August 2023, Hinderburg Research released a report about Freedom Finance, the parent company of Freedom24. It comprises serious allegations, including “Brazen Sanctions Evasion, Hallmarks Of Fabricated Revenue and Risky Bets with Commingled Customer Funds”. One day later, Freedom Finance released a response. As such, we advise you to reconsider whether or not you should open an account with them. Please check other alternatives.]
Freedom24 is an online broker that aims to give more opportunities for retail investors, allowing customers to invest in stocks, ETFs, bonds, and options trading.
As part of its marketing strategy, Freedom24 promotes its investment app by giving you up to 20 free shares just by opening an account and depositing a minimum of €5,000.
Just open a Freedom24 account, and based on your deposit amount, insert the SUMMERTIME5, SUMMERTIME20 and/or SUMMERTIME50 promo codes, and you’ll get up to 20 free shares valued at up to $600 (each).
Freedom24 free share bonus terms
| 💰 Freedom24 Bonus | Up to 20 free shares worth up to $600 each |
| 🤝🏿 Condition | Open an account and deposit: €5,000 – €19,999: Get 3 free stocks €20,000 – €49,999: Get 10 free stocks > €50,000: Get 20 free stocks |
| 👨💻 Freedom24 Promo Code* | SUMMERTIME5, SUMMERTIME20 and SUMMERTIME50 |
| ⏳ Offer Period | From the 10th June to the 20th August 2023 |
| 🌐 Available in | European Union (EU), Switzerland, Qatar, Thailand, and United Arab Emirates (UAE) |
*The Promo codes should be used as follows:
- if you deposit an amount between €5,000 – €19,999, you will need to insert the promo code “SUMMERTIME5”;
- if you deposit between €20,000 – €49,999, you will need to insert two promo codes: “SUMMERTIME5” and “SUMMERTIME20”;
- if you deposit more than €50,000, you must insert the three promo codes.
Which stock will I get?
The randomly selected stock you will get is one of the following securities (good luck!):
How do I get the Freedom24 free shares?
The process to get free shares is very simple! Users can get shares in easy steps:
- Step 1: Sign up on Freedom24;
- Step 2: Verify your account;
- Step 3: Deposit more than €5,000 or equivalent currency;
- Step 4: Go to the “Profile” page and insert your corresponding promo code in “I have a promotional code”, as shown in the image below:
- Step 5: A success message will appear once you have redeemed the Code;
- Step 6: Proceed to pick your free stock from a random selection.
Want to know more details about the Freedom24 free share program? Just read the full Terms and Conditions for the Freedom24 free share program.
Where is the Freedom24 free share program available?
All Freedom24 clients are eligible for this promotion! New users must be residents of one of the following countries:
Austria, Belarus, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Qatar, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, Thailand, and the United Arab Emirates.
Is there a time limit for the free stock promotion?
Yes! The current promotion started on June 10, 2023, and will run until August 20, 2023. However, please note that this promotion is not guaranteed and can be modified, extended, altered, or cancelled by Freedom24 at any time without notice.
Does Freedom24 offer other perks?
Yes! Apart from allowing you to invest in several financial assets. It also offers:
- Up to 5.35% in interest per annum in USD deposits;
- Up to 3.69% in interest per annum in EUR deposits;
The minimum amount is €/$1,000, and there is no limit! Plus, there is a 0.5% annual bonus for deposits above €/$100,000.
Other free share promotions
| Brokerage | Bonus Promotion | Link | Terms and Conditions |
 |
1 free share up to €100 | Link | More details |
 |
Up to 20 free shares | Link | More details |
Bottom line
We always applaud platforms that go the extra step to incentive investing or saving! You open an account with a regulated broker, and it get free shares!
In addition, remember that you can benefit from 30 days without commissions on your trades.
Are you still undecided on whether Freedom24 is the right platform for you? Check our Freedom24 review.
Disclaimer: Investments in securities and other financial instruments always involve the risk of loss of your capital. The forecast or past performance is no guarantee of future results. It is essential to do your own analysis before making any investment. If needed, you should carefully seek independent investment advice from a certified professional.
FAQs
How good is Freedom24 as a brokerage?
If you want to know more about Freedom24, check out our Freedom24 review.
Where is Freedom24 available?
Freedom24 is available in Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Qatar, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, Thailand and the United Arab Emirates.
Will my Freedom24 free share be subject to tax?
Your tax advisor should inform you about the appropriate tax treatment for this promotion.
Why do companies give free shares?
Companies give free shares to incentivize investors to open an account and grow their customer base.
