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Sign-up and Receive $10 Wallet Credit for Investments / Share Trading @ Sharesies

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Sign-up and Receive $10 Wallet Credit for Investments / Share Trading @ Sharesies
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sietes on 05/09/2021 - 10:21 sharesies.com.au (875 clicks)
Last edited 05/09/2021 - 12:01 by 1 other user
GROW

Like it says. Get $10 when you sign up with the promo code GROW.

https://sharesies.com.au/promo/grow

GROW “$10 top-up” Terms and Conditions
The offer is for a $10 top-up into a new Sharesies Wallet (the “Offer”).

The offeror is Sharesies AU Pty Limited.

To claim the Offer you need to enter the code “GROW” in the promo code field when opening a new Sharesies Account and complete sign up by 11:59 PM (AEST) on 1 November 2021.

The Offer must be used to purchase investments through Sharesies.

The promotional period is from 23 August 2021 to 11:59 PM AEST on 1 November 2021.

The Offer is only available to new customers who sign up for an adult Sharesies account within the promotional period.

These terms and conditions apply in conjunction with the applicable terms for the investment service provided by Sharesies Limited. Click here to view the Sharesies Limited Terms and Conditions and Sharesies Limited Privacy Policy on the Sharesies Limited website.

Sharesies AU Pty Limited reserves the right to suspend, change, or cancel the Offer or these terms at any time without notice.

Referral Links

Referral: random (93)

Referrer and referee each get $5 credit.

Financial Broker Brokerage Share Trading

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closed Comments

  • [Deactivated] on 05/09/2021 - 10:27
    +1

    what is sharesies besides an awesome name for a thing?

    • bdmske on 05/09/2021 - 13:37
      +1

      Sharesies is basically the kiwi version of Raiz. Guess they're moving across to Australia now.

  • MrBr0 on 05/09/2021 - 10:32
    +6

    From their FAQ

    Traditionally, when you buy your first ASX-listed shares, you set up a CHESS account and get allocated a Holder Identification Number (HIN). CHESS (which stands for Clearing House Electronic Subregister System) acts like a big registry for all the trades that happen on the ASX. And to keep track of who's trading what, each trade is linked to a HIN.

    Sharesies is a bit different as we have one HIN for all of our investors.

    Please do you own research

    • Slo20 on 06/09/2021 - 05:57
      +1

      I’m not sure if they elaborate in their T&C’s but to those unaware it means they use a custodian model. You do not directly own your shares. If the company who owns your shares go bankrupt you need to apply to be a creditor to get your money back which will take years. (And yes it happens).

      This model isn’t uncommon these days with cheaper companies or trading international shares but personally I only touch CHESS sponsored brokers.

  • zorbo on 05/09/2021 - 10:34
    +10

    I would stay very far away from this company.

    If you look at their website, it provides no information. Check the 'About' tab, and it's just a bunch of feel good bs with heaps of smiling faces.

    If a company can't actually tell you what they do or how they do it, big red flag.

  • seanbaussie on 05/09/2021 - 10:44
    +1

    I've been using sharesies for 3 months now, traded back and forth and very happy with it. No delay in buying/selling and have made about a 16% profit.

      • Ughhh on 05/09/2021 - 14:46

        I'm all about those crypto altcoins

        Cool!!!! What else are you all about these dayzz?

      • Slo20 on 06/09/2021 - 05:59

        Can make 16% profits in a day if you play your cards right

        Can make 100% profit in a day at the casino if you play your cards right. Your point?!?

  • sietes on 05/09/2021 - 10:45
    -1

    It's literally free money. Sign up. They put $10 in your account to invest with..you don't need to deposit you just have to invest the $10. Pretty simple.

    • gadgetguy on 05/09/2021 - 10:51

      Can you withdraw it? Or you have to purchase shares with it?

  • Scorn on 05/09/2021 - 11:28
    +1

    Thanks OP. Easy sign up, and only 5c fee to put the $10 in a speech small cap miner.
    Thanks for the play money.

    • sertse on 05/09/2021 - 12:01

      Yep, thanks for the free money. Throwing in some penny stock and will log out and forget about it for years. Hope next time I log in I hit the jackpot and can retire.

      • ilovefullprice on 05/09/2021 - 12:12

        Sound more like crypto..

      • hihi on 05/09/2021 - 15:51

        what penny stock did you buy? i have $10 as well to buy

        • Scorn on 05/09/2021 - 19:02
          +1

          si6 🚀🚀🚀🚀🚀

          • gungirlyuna on 27/09/2021 - 06:59
            +1

            @Scorn: Thanks did the same. See you at the retirement party 😂

  • erylith on 05/09/2021 - 12:03
    +4

    In their FAQ they don't even answer this question in simple terms (the answer is No) :

    Will I actually own the shares I buy through Sharesies?
    When you purchase an investment through Sharesies, these investments are held by New Zealand registered company, Sharesies Nominee Limited on bare trust for you. You are the beneficial owner of your investments. This means you are entitled to the economic value and other benefits attached to your shares. Sharesies pass on passive corporate actions to you such as dividends and from time to time, we may enable you to participate in a shareholder vote. Sharesies will never use money or investment held for you for the benefit of itself, us, or any other person.

  • garygaz on 05/09/2021 - 12:04
    +5

    Having a shared HIN is a big deal in terms of ownership, ease of transferring shares to another broker and your legal rights if this broker goes bankrupt. I would implore people to read up about this stuff first before blindly shovelling money into one of these accounts.

    • abc on 19/09/2021 - 21:17

      True. But i checked this out and its ok to use it like a sports betting account lol.

      Wouldn’t be investing real money on this platform IMO.

  • joeiwu on 05/09/2021 - 12:25
    +1

    Is there a time limit on when the $10 will become invalidated if nothing is bought?

  • kurdoxan on 05/09/2021 - 12:50
    +1

    Brokerage fee kills it! Not good if you trade more than $5000.

    • seanbaussie on 05/09/2021 - 20:54
      +2

      If you're trading more than $5000 then sharesies with free $10 is probably not for you…

  • ilovefullprice on 05/09/2021 - 22:20

    Sign up now or wait for it go to back up to $15?

    • sietes on 05/09/2021 - 22:23

      Not sure. Did you sign up when it was $15? Did you post it?

      • ilovefullprice on 05/09/2021 - 22:27
        +1

        This, tho back then it was new and had to use the exchange rate feature:

        https://www.ozbargain.com.au/node/607452

      • mcnieceracing on 13/09/2021 - 12:05

        It was $15 if you signed up before they launched, don't know if they will offer that deal again

        • abc on 19/09/2021 - 21:15

          Use a referral link from Cheapies.nz and thats worth another $5 and stacks with the $10 code.

          Worked for me and has been mentioned before.

  • sietes on 05/09/2021 - 22:22
    +3

    I'm not sure why this is soooo complicated so I'll walk y'all through it.
    1. Sign up and use the promo code
    2. Get $10 in your account for freesies
    3. Buy $10 of a stock
    4. Sell the stock
    5. Withdraw your $10 (less $0.10 fees but maybe your penny stock double in price)
    FIN

    • firestint on 13/10/2021 - 10:30

      Which penny stock did you get?

  • pifts on 08/10/2021 - 10:13

    New codes to use from Beem It now too: https://intercom.help/sharesies-au/en/articles/5573774-beem-…

    BEEM1, BEEM2, BEEM3, BEEM4 or BEEM5 for $10 'top up'.

    • dust on 29/10/2021 - 16:12

      Just got an email saying Beem7 works too.

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