Every time you invest, you’ll get 0.20% Cashback straight into your cash account. Cashback is uncapped so the more you trade the more you earn.
Remember, your capital is risk. Full cashback T&Cs here.
(standard Foreign Exchange fees apply)
Opening an Instant GIA is easy. You’ll need to download the Wombat app, available on the Play store for Android devices or the App store for iOS devices. Once you’ve installed the app, you’ll be taken through a few screens, allowing you to select the type of account you’d like to open. Our Instant plan offers you a General Investment account (GIA), and our Standard plan offers you a choice between a General Investment account (GIA) or a Stocks and Shares ISA (ISA). Simply tap on the screen to start the ID verification process.
To fully comply with UK, EU and global regulation, Wombat requires photo ID to enable us to verify the identity of all users. Your National Insurance number is required by HMRC for tax purposes.
You can place a trade any time on any day but your trades will only complete between 14:30-21:00 UK time each business day, excluding US bank holidays.
All of the fractional shares we offer on the Instant GIA are traded on the New York Stock Exchange (NYSE) which is open from 14:30-21:00 UK time each business day, excluding US bank holidays
Yes, you are able to cancel any pending orders. Once an order has been completed then you are unable to cancel or make any amendments to the order.
Cashback is paid within 2 working days.
0.20% on all buys on our Instant GIA account. For example, for every £500 traded you'll get £1 cashback on us.
Cashback will be earned on all buy trades (Therefore this does not include sell trades)
No, cashback is unlimited.
Cashback is exclusive to the Instant account.