The Orca investment platform is here and they are rewarding all new customers with a free share worth up to £200! Not received yours yet? Scroll down for full details on how to get your Orca free share.
Who are Orca?
Orca are one of the latest investment platforms to hit the app store. With investing something more widely spoken about new platforms are popping up all the time. And of course every platform wants you to invest with them. Orca is one of the newest platforms and only launched in 2020 but it's already gained great momentum and has become a popular investment app.
Orcas Features
Orca has some great features within it's platform that help beginner and seasoned investors with their investment portfolio.
Some of the features within the app include:
- Weekly best performing stocks list
- A watchlist to bookmark companies
- Tax free stocks and shares ISA's
- Collections for companies like ‘Women CEO's' and ‘ESG' so you can invest consciously and ethically
- Latest news that will affect share prices
- A referral scheme where you can get a free share worth up to £200 (More on that below)
Topping up your account
Topping up your account with Orca is easy.
Orca uses TrueLayer open banking to deposit funds into your account. This type of open banking uses API to connect with your bank account and makes depositing and withdrawing money quick and easy.
Open banking is completely safe and is regulated by the Financial Conduct Authority (FCA).
Deposits can take up to 30 minutes to show within your account. As the market closes on Friday at 11pm any deposits made on a weekend will not show in your account until a Monday.
Withdrawals from Orca back to your bank account can take anywhere from 3-5 business days. (This time frame is quite typical for most investment platforms)
Get a free share worth up to £200
Did you know that Orca have an amazing referral programme?
When you open and fund an account with at least £1 via my link, you'll receive a free share.
This could be worth up to £200!
Your free share will show up in your account within 3 days.
Simply scratch to reveal what free share you have received.
You can check the value of your free share by heading to the profile icon and clicking ‘Free Stocks'.
Tap your free share to see it's value. This will appear at the top of the page or you can click the ‘Info' tab for more details.
What to do with your free share
After you have received your free share from Orca you have two options to choose from.
- You can withdraw your free share after 30 days (along with your original £1 deposit) to make some easy free money.
- You could keep your free share and see how it performs, choosing to keep it indefinitely or sell it once it has made you a nice little profit.
Orca Review
Orca is a great new app that is giving the likes of Trading212 and Freetrade a run for their money.
With their easy navigation, consumer focused investing and referral programme it's easy to see why they are quickly becoming a firm favourite.
I'm currently working on building my portfolio and maxing out my yearly stocks and shares ISA.
If, after reading through our Orca review, you think the platform is for you, join today and fund your account for a free share!
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