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Freedom24 Promo Code Bonus – Earn up to 20 Free Shares!

Updated on May 14, 2024
Fact checked

[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:

  1. if you deposit an amount between €5,000 – €19,999, you will need to insert the promo code “SUMMERTIME5”;
  2. if you deposit between €20,000 – €49,999, you will need to insert two promo codes: “SUMMERTIME5” and “SUMMERTIME20”;
  3. if you deposit more than €50,000, you must insert the three promo codes.

What is the Freedom24 free share program?

The free stock program is designed to incentivize new clients to open an account and get up to 20 free shares valued at up to $600 each.

How many free shares can you earn?

  • 3 free stocks when you deposit an amount ranging from 5,000 to 19,999 euros (or its equivalent in any other currency) and use the promo code SUMMERTIME5;
  • 10 free stocks for depositing between 20,000 to 49,999 euros (or an equivalent amount in another currency) and applying the promo codes SUMMERTIME20 and SUMMERTIME5;
  • 20 free stocks when your deposit is 50,000 euros or more (or its equivalent in any other currency) using the promo codes SUMMERTIME50, SUMMERTIME20, and SUMMERTIME5.

Which stock will I get?

The randomly selected stock you will get is one of the following securities (good luck!):

Freedom24 Free Share | List of Securities

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:
Freedom24 Free Share | Profile
  • 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.

Freedom24 Free Share | List of Securities

Other free share promotions

Brokerage Bonus Promotion Link Terms and Conditions
Freedom24 Promo Code Bonus – Earn up to 20 Free Shares! 2 1 free share up to €100 Link More details
Webull Logo – PNG e Vetor – Download de Logo 90 days of commission-free investing 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.

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About the author
Toni Nasr, CFA, FRM
Fintech Analyst

Toni is a Fintech Analyst with over 8 years of experience in the financial industry where he worked as a financial control analyst at a regional bank and later conducted independent investment research analysis.

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