Free trading and earn money

3. For the trader to withdraw some real money from his or her no deposit account, the trader must have accumulated some trade points and made some profits.

New forex bonuses

Free real money forex no deposit, free trading and earn money.

Form the profit made, the trader is expected to make some deposit to his account, which will serve as a trade capital, after which the trader can freely withdraw the rest of the profit made. 2. Once the client registers with the broker and is set to trade, the broke gives the trader access to an account with a certain amount of real money with which the trader can trade the live forex market on the condition that the trader does not withdraw the money. The money is there and can be traded with but the trader does not have the ability to make withdrawals from the no deposit account until some conditions are met.

Free real money forex no deposit

Among forex brokers, there is a tough competition going on as to who will get the most number of novice traders. The race for new clients is so important to forex brokers that they are willing to sponsor their new clients by giving them access to take part in live forex trades without making any deposit. This is called the fore no deposit account.

With this development, it is now possible to actually trade the forex market without making any financial commitments at all. The normal trend was to sign up with a broker and make some deposits in your real account before you can start trading the forex market, but things has changed and broker have devised new ways of getting new clients every day. Once you sign up with the broker, you get real money in your account with which you can trade the forex market with.

In as much as this is basically to encourage people to trade the forex market, it is also important t know that there are terms and conditions attached to the forex no deposit accounts. These terms and conditions help the forex broker stay safe and not exposed to huge risks seeing as they are the ones sponsoring their new clients with their no deposit accounts. Some of the terms and conditions are

1. The trader must register with the broker and trade with the platform offered by the broker. This is the main reason why brokers go as far as offering traders the opportunity to trade the forex market without any deposit.

2. Once the client registers with the broker and is set to trade, the broke gives the trader access to an account with a certain amount of real money with which the trader can trade the live forex market on the condition that the trader does not withdraw the money. The money is there and can be traded with but the trader does not have the ability to make withdrawals from the no deposit account until some conditions are met.

3. For the trader to withdraw some real money from his or her no deposit account, the trader must have accumulated some trade points and made some profits. Form the profit made, the trader is expected to make some deposit to his account, which will serve as a trade capital, after which the trader can freely withdraw the rest of the profit made.

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of liteforex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of directive 2004/39/EC.

The hidden costs of commission-free trading

Traders work on the floor of the new york stock exchange (NYSE) in new york, U.S., on monday, aug. . [+] 5, 2019. Photocredit: michael nagle/bloomberg

Over the past few days, online brokers have rushed to roll out commission-free trading deals, but is there a catch?

Robinhood started the trend of free trading. Recently, other brokerages jumped on the bandwagon. Late last week interactive brokers previewed IBKR lite to offer an unlimited commission-free trading service. Then charles schwab and TD ameritrade jumped on board, with ameritrade including options as part of the commission-free offer. So what are the implications for investors?

This is a good deal for consumers, right? The fact that the stock prices of major brokerages have fallen materially on the news suggests this the market sees this eating into their profits, and perhaps, by extension, helping customers. Of course, something you use being available for free is generally a good thing. However, in the complex world of trading a few caveats are worth mentioning.

The first is that free trading may cause bad trading behavior. In the markets, medium- or long-term investment decisions are generally better. This paper supports the view that long-term holding periods can lead to better investment outcomes and short-term trading driven by overconfidence can be misguided.

So free trading may save you money on trading costs, but if it causes you to trade rashly, your returns may suffer. For most investors, investment returns are a much bigger deal than trading costs. Therefore, being able to trade for free can be counter-productive if it tempts you to become a day trader and tank your investment performance. What do I have against day traders? Well this study showed that the vast majority of day traders lose money after fees, further bolstering the case for longer term investment horizons. If commission-free trades create more day traders, that's probably a bad thing.

There are other risks from free trading---namely, that brokerages may recoup the costs in less transparent ways. The first is by widening the bid/ask spread. You may have noticed that when you trade a stock in your account you almost instantly lose money compared to the market price. This is because of bid/ask spreads; to compensate the market maker for constructing a market in a stock, you typically don’t receive the market price when you buy or sell. You pay a little bit more than the prevailing price when you buy and receive a little less when you sell. Of course, a brokerage may provide an unattractive spread for you regardless of fees, but the absence of trading commissions means that less efficient trading could be a way for brokerages to capture revenue from trades in a way that’s less obvious to the customer, such as routing trades in a way that leads to wider spreads.

Another means of making money without charging the customer is to sell order-flow data. This can disadvantage you too, because the data can be used by other market participants to arbitrage activity around short-term trades, potentially your trades. Here using limit orders and having some patience may help. If you place a limit rather than a market order, it’s a little harder for your trades to be taken advantage of. However, there’s also some risk the trade doesn’t get placed if the market moves away from you.

So commission-free trades are almost certainly a good thing for investors. Still, don’t necessarily think that they offer an excuse to trade more as that may hurt more than it helps. Be wary that brokerages may focus on making money from you in other ways now that trading is becoming commission-free.

Free trading and earn money

Published: 07:53, 2 april 2019 | updated: 14:54, 2 april 2019

A new breed of investment platforms has cropped up in recent years allowing users to buy and sell company shares without incurring a broker charge.

Commission-free share trading is one of the latest exports from the US, where the rapid growth of zero-fee platforms like robinhood is eating into the margins of wall street banks.

At present, there are only two investment platforms in britain offering this: trading 212 and freetrade.

Both trading 212 and freetrade offer zero-commission share trading as a carrot to prise custom away from the more established rivals

They will have their work cut out to prise market share from big established rivals, such as hargreaves lansdown, which boasts £85.9billion of private investors assets under management.

And investors tempted by the idea of not forking out £10 or more in dealing costs every time they buy or sell shares are likely to be sorely tempted.

However, both services come without the bells and whistles of the big DIY investing platforms and with potentially limited investment options.

HOW THIS IS MONEY CAN HELP

The cost of buying and selling shares has fallen steeply since the start of the 2000s thanks to a digital revolution.

In the not too distance past, investors who wanted to buy and sell stocks and shares would have to do this through a stockbroker or a financial adviser who took a sizeable chunk of commission with every deal.

But times changed and online DIY investing platforms give investors the ability to buy and sell at their fingertips, whether from the comfort of their computer or even their phone.

The cost of buying and selling shares has fallen over time, but still remains sizeable at some platforms, with hargreaves lansdown charging £11.95, interactive investor £10 and AJ bell £9.95. Halifax-owned iweb deserves and honorable mention as it charges just £5

Trading 212 and freetrade both have an eye-catching offer designed to pull customers in: neither charges a penny to buy or sell shares.

But why offer this and who are these two firms?

For trading 212, it was a case of adding another string to its bow when contracts for difference (CFD) trading - one of its flagship offerings and main revenue driver -was hit by a regulatory crackdown.

A CFD is a form of derivative trading that allows you to speculate on the rising or falling prices of global financial markets, such as forex, indices, commodities, shares and treasuries. It carries a higher level of risk compared to conventional shares and bonds investments.

Crucially, investors do not buy shares but use derivatives to either simply mimic prices, or magnify moves through the use of leverage, as borrowed money is known.

New european rules, which came into effect in august last year, have reduced the amount CFD traders can leverage, as concern grew that big losses were being incurred by inexperienced investors. Britain's financial watchdog, the FCA is also tightening rules. These measures have trimmed CFD platforms's prospectts.

Trading 212 became the first retail broker in britain to introduced a commission-free share dealing service in 2017.

In the case of freetrade, commission-free share dealing, either through a standard account or isa, is the only service the digital broker currently offers. It plans to expand into new areas in future. It's free to open an isa account until july 2019. The cost will be £3 thereafter.

Both challenger investment platforms have adopted this model as a carrot to tempt customers away from established rivals, such as hargreaves lansdown, interactive investor and AJ bell.

The average commission charged by five of the largest online share-dealing platforms run at £8.31 per trade, with leading brokers such as hargreaves lansdown and interactive investor charging £11.95 and £10 respectively, according to DJB research.

Commission-free sharing dealing looks set to further disrupt a market that is already experiencing a downward pressure on investment fees amid regulatory pressure.

Where can you invest?

It's worth noting that freetrade's and trading 212 respective investment universe is relatively small compared to that of more established rivals.

A total of 335 stocks, etfs and investment trusts sit on the freetrade platform. The selection comprises of 122 US stocks and 136 UK securities - including 33 investment trusts and 44 etfs. The firm expects to increase this figure on an ongoing basis.

Meanwhile, trading 212 hosts more than 1,800 investment opportunities comprising shares in companies based in the UK, the US and in some european markets, as well as etfs.

To put this into perspective, hargreaves lansdown offers 1,643 UK shares, 7,184 overseas shares, 1,170 etfs and 386 investment trusts.

Crucially, neither trading 212 or freetrade allow you to invest in investment funds or individual corporate bonds outside an ETF.

Hargreaves, meanwhile, hosts 470 corporate bonds plus 7,099 funds from the UK and abroad.

Both trading 212 and freetrade offer an isa wrapper, but neither offer a self invested personal pension.

How do these platforms make money?

Ivan ashminov, co-founder of trading 212, told this is money that actual trading costs are less than £1, so waiving trading commission does not have a detrimental effect.

The charges levied on the platform's other services should more than cover a shortfall from these costs, he added.

Things to consider before moving platform

Investors are free to move DIY investing platform and should track down the one that is best for their needs.

However, they need to be aware of fees for moving from their existing platform and from one they sign up to if they don't like it.

Investors should calculate the potential annual saving they would make by switching and a reasonable expectation of investment growth under the new platform against the cost of moving and any exit fees.

Things like customer services offered by the respective platforms may seem like a small detail but can make the world of difference.

Trading 212 adopts a 'freemium' model - like mobile games that are free to download but have in app purchases - in the hope that some customers will shell out for additional services that it develops down the line, such as robo-advice on which stocks to buy.

Customers of newcomer freetrade can only trade shares without incurring a broker charge if transacted outside an isa wrapper through it's 'basic trade' service.

Basic trade means the buys and sells are aggregated and dealt around 4pm every day.

This isn't a huge problem if you plan on holding shares for a long time, but more experienced investors often want to be able to trade instantly at a set price.

Free trades are never quite free

There is no such thing as a free trade. Period.

This is because of a concept called the bid-offer spread, which is essentially the gap between the highest price a buyer is willing to pay you for shares and the lowest price a seller is willing to sell them to you for.

You will pay closer to the higher price to purchase a share and sell nearer the lower price.

The size of the gap depends on how liquid a share is, ie how easy it is to buy and sell, and larger companies therefore tend to have tighter spreads.

These prices are different to the mid-price, which is the one you will generally see quoted in market reports and headline share data.

At the time of publication, shares in tesco were trading at 234.05p, however, the offer was 234.1 and the bid was 234p. The spread here is 0.04 per cent. Another cost in buying shares is stamp duty charged at 0.5 per cent.

When buying a foreign stock, you'll also have factor in the cost of the converting currency. Trading 212 passes on the charge at the spot rate. Whereas freetrade charges spot rate plus 0.45 per cent on these transactions.

Freetrade was founded back in 2015 but officially launched its commission-free share dealing app in september 2018.

Will commission-free trading free trade last?

That's dependent on whether the model can pull enough people for these companies to make money off other things they charge for.

At some point, the platform's respective financial backers will want some return on their investment, and zero commission trading removes a major source of revenue.

Commission-free share trading is novel, but eventually investors might crave a more expansive investment universe, with access to more shares, funds and investment trusts.

So the main challenge for these platforms in future may be to keep hold of the customers they've lured in through the zero-commission share trading service by adding new features that complement their evolution as investors.

Both trading 212 and freetrade are legitimate digital stockbrokers, authorised and regulated by the FCA.

If either platforms ever go under, your investments are covered by up to £85,000 (up from £50,000 as of 1 april) under the financial services compensation scheme safety net.

The saying 'there's no such thing as a free lunch' certainly applies here. While basic share dealing services are free any bells and whistles cost more and there is the spread and tax to take into account.

Also, free trading may tempt you to change your investment style and invest more frequently than necessary. Doing so can increase internal costs and potentially hinder your long-term returns.

When weighing up the right platform to invest for you, it's important to look at the service that it offers, along with administration charges and dealing fees, plus any other extra costs.

DIY INVESTING CHARGES SNAPSHOT

provider	admin charge	charges notes	fund dealing	standard share, investment trusts, ETF dealing	regular investing	dividend reinvestment
trading 212	n/a	-	n/a	free (investment trust trades unavailable)	n/a	n/a	more details
freetrade	n/a	-	n/a	free	n/a	n/a	more details
hargreaves lansdown	0.45%	capped at £45 a year for shares, trusts, etfs	free	£11.95	£1.50	1% (£1 min, £10 max)	more details
barclays direct investing*	0.2% on funds, 0.1% on other investments	min monthly fee £4, max £125	£3	£6	£1	free	more details
share centre	£57.60	-	1% £7.50 min	1% £7.50 min	0.5%, min £1	0.5%, min £1	more details

Trading 212

Trading 212, which was founded in bulgaria 16 years ago, has operated an online commodities and currency trading platform in the UK for five years. The firm became the first retail broker in britain to introduced a commission-free share dealing service in 2017.

The service, now called, trading 212 invest, provides access to stocks and etfs across the world’s leading stock exchanges and currencies, including cryptocurrencies, like bitcoin, and commodities.

Trading 212 doesn't levy an administration fees on trades, the only costs to be aware of are the bid-ask spread and the foreign exchange spot price when trading shares overseas. Money held in an isa incurs no additional charge.

Freetrade

Freetrade was founded back in 2015 by adam dodds, a former KPMG manager, but officially launched its commission-free share dealing app in september 2018.

In order to offer fee-free trading, freetrade got an FCA licence and joined the london stock exchange in order to processes its own 'basic' orders in bulk each day at 4pm.

The online broker does not levy for trades that are aggregated and dealt around 4pm every day. UK and US shares cost £1 to trade instantly and a foreign exchange charge which comprises of the spot rate (the price quoted for immediate settlement on a commodity, a security or a currency) plus 0.45 per cent.

Isas are currently free until july 2019 but will cost users £3 a month thereafter. Transferring money out of either an isa or general account into a bank account cost £5 a pop. The bid-ask spread costs also apply.

Coming soon? Etoro and revolut

Etoro could be the next the latest investment platform to launch a commission-free share dealing platform.

Users will be able to trade 1,340 shares that sit on the platform without incurring a broker fee. A spokesman for the firm said the service will land before the end of summer and it won't cap users' amount of free trading.

Digital-only bank revolut is also building a commission-free trading platform on its app, its latest bid to use technology to undercut traditional financial services.

Revolut said users will be able to buy and sell listed stocks in seconds, without paying commission. The firm said the product would generate income from premium subscriptions, which will give perks to paying customers, as well as margin trading, securities lending and interest on cash held. No release date has been given.

Fxdailyreport.Com

We are all aware that forex refers to a currency market where traders buy currencies and sell them. For a trader to earn some money at forex, they should have the currency of a country, which they can exchange for another country’s currency. As a result, a trader will either get a profit or loss.

In forex trading, you can decide whether to invest some money or trade without a deposit. Top forex brokers do provide a free no-deposit bonus to traders. In such a case then you can trade at forex with no money.

Whether you opt to trade with or without an investment, the truth is that each case has its own risks. This is true especially if you don’t have the necessary experience and knowledge on how to trade in forex. That is why you should learn some basics on how to start forex trading business with no money.

Forex has a daily trades amounting to 5.3 trillion dollars, making it the top fiscal market across the globe. This alone poses a great chance for traders to earn huge profits. Trading without an investment is risk-free in itself. This article is for anyone who desires to take this path.

Here’s how to begin trading in forex without money

First, you must have a clear understanding that it is not possible to make high profits in forex with no investment. If you desire to be a serious trader and want to gain huge profits in the long-run, then you should open a trading account and deposit some money on it.

Nonetheless, you can still earn money at forex with no investment but the profit will not be as big. The best part with no investment trading is that you’ll not risk your money.

Trading forex is in itself risky – that’s why many people shy away from it. There are many scams assuring people that they can earn millions even if they have no capital investment. Don’t let these scams fool you – even a bit!

Luckily, you can earn money at forex without a deposit. The thing is that it will take a long time to accumulate as much as you would desire.

Forex trading with zero capital using demo accounts or with no-deposit bonus

Every reputable forex broker will give traders a chance to open new demo accounts. Such an account will let you use virtual currency to trade at forex. But you cannot withdraw this fund as it belongs to your broker, or you can try forex no-deposit bonus and you can withdraw if you make a profit.As an inexperienced and new trader, it is advisable you start with a demo account or no deposit bonus. If you so wish to take this path, then, just be aware that you can make a profit. But it’s a great starting point to learn how to trade when you invest real money.

Affiliate programs

Besides opening a demo account, you can trade using affiliate programs. This is a chance to make extra money in forex without trading as per se. Just select a broker and promote them. As a result, you’ll get a commission if you happen to attract people. This is a current trend for traders to earn money with no investment.

Participating in an affiliate programs entails attracting new clients. These clients must be willing to trade in forex. That’s how you’ll earn your bonus. Affiliate programs have different terms and conditions. Some will allow you to receive bonuses whether or not the client trades. Therefore, it’s great to check out the terms for your affiliate program and see how much you can get.

Once you attract a client, your broker will automatically transfer your bonus into your trading account. Here you have an option to withdraw the money or trade with it in forex.

Contests

Some brokers do arrange contests for real and demo accounts on a regular basis. Unlike other competitions, the ones in forex are simple. To become a winner, you must boost the income on your virtual account at least several times within the shortest period possible. As a result, you’ll receive money on your real account – as a reward.

Therefore, you can trade at forex with no investment. If you choose to trade using a demo account, then you should increase profits for a specific amount within a specific time period. And you’ll get a bonus on your real trading account.

So taking part in the contest can make you a great trader at forex even if you don’t have an investment. However, for you to be successful with demo contests, you must know how to trade with cryptocurrency pairs. Cryptocurrency is a great asset for a trader to earn high profits due to its volatility.

4. Posts, reviews, and comments on different information portals

Brokers do reward traders who place interesting comments on forex forums. You can also receive bonuses when you participate in forex opinion polls. Similarly, publishing articles and surveys about forex can earn you bonuses on your real account.

Apart from earning money, you can also gain reputation and experience same as that of a professional analyst. Brokers are willing to pay a lot for forex reviews. So you can take advantage and write them some damn good reviews.

The bottom line

Those who make an investment in forex are not the only ones who can gain profit. Even the ones with no money can too. Notably, though, if you want to earn huge amounts of money at forex you should invest money. On the same note, you should have the knowledge and experience of trading in forex.

Nowadays, people can trade with no capital at first and open real accounts later on. And with time, they become successful in trading. As a newbie in this field, it is advisable you begin the first step and proceed as you gain experience/knowledge.

Hopefully, you now have a clue on how you can start forex trading business with no money at all. You can use either of these options as a chance to gain experience on how to trade in forex without risking your money.

12 ways to make money from home including getting paid to google

IF you're in need of a financial boost, we explain some easy ways to make money from the comfort of your home.

In fact, there are some side hustles - such as getting paid to google, or watch TV - where you don't even need to leave your sofa.

You don’t usually need to pay income tax on money you get from occasionally selling personal possessions online.

But if you're selling regularly to make a profit, there is a tax-free trading allowance of £1,000 that can be applied to these types of earnings each year.

Anything over this, and you might be liable to pay tax.

See the gov.Uk website for more information.

You may also need to pay capital gains tax on items worth £6,000 or more, excluding cars, that you've made a profit on because they've increased in value.

Get paid to google

Yes, you can really get paid to sit on the sofa and browse the internet.

One company which will give you money to google is qmee, which is essentially an add-on to your browser.

This add-on then works in the background as you google and brings up extra results when you start searching.

If you click on one of these results, you'll earn between 4p and 15p - and sometimes as much as £1.

It could take a while for any earnings to add up to a substantial amount, but it could be worth it if you have spare time on your hands.

The cash is paid to you via paypal, with can be transferred into your main current account.

Get paid to watch TV

If you're a telly addict, you could be making money by sharing your opinions on the latest shows.

The viewers puts together research panels for broadcasters and programme makers so they can get feedback on TV programmes.

So not only could you be making money from watching TV, you could get a sneak peak of the latest shows before they air.

You can earn up to £50 for taking part in a 90-minute research panel via zoom, £10 for a programme review of an hour-long show, or between £1 and £3 for a survey.

Sell your old clothes

If you're bored at home, it could be a good time to clear out your wardrobe.

You can then sell unwanted garments online, using sites such as ebay, shpock, facebook marketplace, depop.

Depending on what you've got to sell, you could be looking at a few spare pounds or more.

Just keep in mind that some of these sites may charge listing fees or take a percentage of any sale, so check first.

For example, ebay doesn't charge private sellers to list items but it takes a "final value" fee of 10% of the total sold price including postage and packaging.

Private listers are allowed to post 1,000 items for free each month.
Anything over this amount is charged an "insertion" fee of 35p per listing.

Turn rubbish into cash

From wine corks to toilet roll tubes, you might be surprised to discover how your rubbish can turn into cash.

The people who buy these items are usually looking for craft materials, or even bits to decorate their home.

When we looked on ebay, we found 100 used wine corks had sold for £5, meanwhile a box of 85 toilet roll tubes sold for the same price.

Check out our full round-up of what other rubbish items people are buying.

Sell unwanted gadgets

Unused gadgets that have been gathering dust can also be sold from home.

Cash in your gadgets, for example, offers a free courier service where it'll pick up your goods, including old laptops, computers and tablets.

For example, we were offered £150 when we tried to sell an asus intel core i7 laptop in "good condition".

Your computer must be in full working order to be sold.

You also won't get paid until cash in your gadget has received and tested your item.

Sell old cds and games

If you're looking to get rid of old cds, music magpie also offers a courier service so you don't need to leave your home.

To start selling, you need to enter the barcode of the product you want to sell.

We were offered 50p for an unopened star wars: the last jedi DVD, so you may need to sell in bundles if you want to make decent cash.

The courier service from music magpie is free.

Fill out online surveys

Filling out online surveys can be an easy way to make money if you've got spare time.

There are lots of sites you can use, but these are among the most popular: yougov, i-say and swagbucks.

Each survey pays between 5p to £1, depending on the size of the survey and site, so it can take a while to build up your cash.

You also need to check daily for new surveys, so be prepared to put the time in.

We've previously reported how you can make up to £6 per survey.

Some survey websites also pay in vouchers, but they include big-name retailers such as amazon, john lewis and argos.

Post deals

Latestdeals.Co.Uk gives away thousands of free amazon vouchers every month to members.

Bargain hunters earn points whenever they share and post about a new deal on the latestdeals website.

These points can then be turned into amazon vouchers - completely free of charge.

Sharing a deal online will get you around 100 points, while posting about a deal or competition is ten points.

You can also earn 250 points by referring a friend to the latestdeals website.

To transfer these points into vouchers, you'll need 5,000 points for a £5 gift card, going up to 11,000 points for a £50 voucher.

Become a problem solver for companies

If you're super creative, or maybe have a unique skill, you could earn money from helping companies solve problems.

Check websites such as innocentive and idea connection which are where businesses will post problems that they need help fixing.

If you've got a solution, post your proposal, and you could be chosen to help the company.

Recent posts include creating a gel or a cream to protect against covid-19, or designing an inflatable paddle.

This cash is by no means guaranteed - but the rewards can be substantial if you're chosen, sometimes going into thousands of pounds.

Cashback on shopping

Cashback websites pay you to shop by giving you money back on what you buy.

Simply purchase your item through free websites including topcashback and quidco and registered purchases will automatically add cashback to your account.

Once received, you can withdraw the money and transfer it straight into your bank account.

Rent out your driveway

If you've got a driveway you don't use, you could be making money from it.

Websites where you can do this include kerb and justpark, although both take a percentage of booking fees.

Kerb takes 20% of any booking fee, while justpark takes a 3% booking fee.

If you don't own your home, check with your landlord first before listing your driveway.

You should also run it by your home insurer too.

Enter competitions

Competitions are never guaranteed, but if luck is on your side, you could find yourself winning holidays or big cash prizes.

Websites including magic freebies will scout out free competitions for you so you don't have to spend ages browsing the internet.

Try and stick to free competitions, as you don't want to end up spending loads on entrance fees.

The hidden costs of commission-free trading

Traders work on the floor of the new york stock exchange (NYSE) in new york, U.S., on monday, aug. . [+] 5, 2019. Photocredit: michael nagle/bloomberg

Over the past few days, online brokers have rushed to roll out commission-free trading deals, but is there a catch?

How to make money from home – earn up to £1,000 online without leaving your sofa

Savvy bloggers have revealed their best tips on how you can earn serious money from the comfort of your home

SAVVY savers have revealed how you can make money online from home - with the potential to bag nearly £1,000 a month.

Following a potentially difficult few months after the coronavirus pandemic gripped the UK, many families will be tightening their belts - but it's possible to earn extra cash without putting in too much effort.

The sun asked bloggers and money savers on social media for their insider tricks for boosting your coffers that could help you save some serious cash.

A typical household spends more than £2,500 per month, according to the bank of england, so anything to add to our earnings is welcome in our books.

We've worked out that if you did all nine tips on this list, you would earn £982.

This is how they manage to earn the extra cash - and how you can do the same.

Lynn james, mrs mummy penny, on earning cashback and completing tasks for money

Lynn james, 41, of hertfordshire, is the founder of the mrs mummy penny blog whose aim is to make personal finance seem simple and to suggest lifestyle choices that could save you money.

1. Earning cashback

I love topcashback and have been a regular user for more than five years now.
Whenever I buy anything online I go to topcashback first and click through to the website from there, which triggers a payment.

That might be £60 cashback when switching broadband or £100 cashback when booking a holiday using expedia.

2. Complete tasks for money

Money-earning website 20cogs gets you to complete 20 tasks over a period of a few weeks.
They can be things like questionnaires and signing up to offers, but all can be cancelled at no cost.
I tried it and made £180 after completing the 20 tasks.

EARNINGS: £180

Deepak tailor, latestfreestuff founder and latestdeals co-founder, on lucrative sign-ups and getting paid to share deals

Deepak tailor is the founder of latestfreestuff, a website that tells people about freebies and samples up for grabs. He's also the co-founder of latestdeals, a community of people who find deals and share them.

1. Share deals and get paid

Latestdeals will hand out vouchers for people who share deals on its website.

You get points which add up to amazon vouchers for your contributions.

Top members earn more than £500 per month just for sharing deals they find online.

It's free to sign up and most people earn their first voucher within the first month.

EARNINGS: £500

2. Earn £15 by referring your friends

Plum is a chatbot app which automates savings for you. You can connect their app to your bank account and you'll get £15 in cash if you successfully refer three friends who sign up. It's super quick and easy.

EARNINGS: £15

3. Install an app

With ipsos media cell - consumer data tracking software - you will earn a £20 voucher just by installing an app on your phone.

You then get £10 every month you keep it installed on your phone. I've tried it myself and it works well.

EARNINGS: £20, and £10 every month

4. Take a survey

Pinecone research pays £3 per survey you complete.

The company asks for your opinions on products across health, home, kids and sport, enabling you to accumulate points.

You can then redeem the points for cash or prizes.

EARNINGS: £3 per survey

5. Get paid for listening to music

Listen to music and slicethepie will reward up to 10p for every song you listen and rate.

The more you listen to and the more detailed your reviews, the more it will reward you.

EARNINGS: 10p per song - so if you listen to 100 songs, you'll earn £10

Members of the sun's money saving deals and tips facebook page also came up with a few insider tricks.

1. Go mystery shopping

Several facebook users suggest going mystery shopping to earn extra cash.

There are dozens of companies you can mystery shop with. Moneysavingexpert forum users have put together a comprehensive guide to how you can start mystery shopping which has links to all the different companies.

Some suggest you can earn up to £2,000 per year by mystery shopping.

EARNINGS: £167 per month

2. Selling stuff on ebay

It's the oldest trick in the book but many of our money savers say they still sell their old unwanted items such as clothes and homeware on the auction website to earn extra cash.

You don't even need to go to the post office anymore as you can choose to have couriers pick up the items from your home.

Ebay will take a cut of whatever you make from selling your items though so it may be worth looking for other ways to flog your items, such as on gumtree or on facebook.

EARNINGS: depends on what you have!

8 smartphone apps that make you free money

Discover which free smartphone apps allow you to make meaningful money without having to invest too much of your time.

It may sound too good to be true, but there really are free smartphone apps that will pay you to use them.

We tested eight of these apps over a four-week period, using each of them equally, so it's easy to spot which of them require the biggest time investment in order to make serious money.

Some of these apps can be used whenever you have a few minutes spare, regardless of where you are. For these, we dedicated the equivalent of 10 minutes per working day for 20 days (or every working day for four weeks) to testing these apps.

Other apps can only be taken advantage of in certain circumstances as you go about your everyday life. Our tester kept these apps installed for four weeks and used them whenever the opportunity arose.

In this time, we managed to earn £56.25 worth of rewards. This came from just four of the eight apps we tested - we didn't earn enough points to cash out on the other four.

See our reviews below to get an idea of how much you can expect to make if you download these apps yourself.

Job spotter

Job spotter pays users to take photos of job adverts in windows and submit them to the app's creators, indeed.Com. Jobseekers can then view these adverts online.

Snappers are rewarded between five and 150 points per advert, depending on its originality. This is calculated by a bespoke algorithm within the app - essentially a computer programme that decides how 'valuable' the advert is.

A unique advert for a small business is worth more points than a generic opportunity for a large company across multiple locations.

With job spotter, you'll earn points for each job advert you snap on the high street.

Using job spotter

Job spotter is simple to use. Simply open the app, press a button to load the camera, snap the advert and the store's name, then submit. You should be done within seconds.

You might be surprised how many job adverts you come across when you're actively looking for them.

How much money can you expect to make?

Each point earned is worth one US cent. In the four weeks of having job spotter installed, we snapped 53 adverts, racking up 3,742 points, which we exchanged for an amazon voucher worth £37.75.

After our research, we kept job spotter installed for a second four-week period, earning an extra £12.52, bringing our total to £50.27.

Of the eight apps we tested, job spotter was the highest-paying by some distance.

Roamler

Roamler pays you for performing small mystery shopping tasks around the city. These tasks usually involve taking photos of stock in shops or supermarkets, and answering questions about product availability.

Typically, each task takes no longer than a few minutes. The more complicated missions tend to offer better rewards.

Using roamler

Roamler is an invitation-only app, so you'll need to track down an invite code from an existing user. We managed to secure a code by asking for one on the roamler UK facebook page.

New users have to complete a series of unpaid tasks before getting any opportunities to earn cash. This helps ensure that only committed users are offered paid tasks.

It also helps equip users with the necessary knowledge to complete tasks correctly. Even after completing this training, we still failed some tasks, so there's a learning curve involved.

With each task completed, you'll earn experience points which eventually allow you to 'level up'. Higher-level users are offered more paid tasks.

We reached level 2 within a few days. At this point, new paid tasks typically popped up every couple of days.

In london, some tasks could be completed across 50 or more locations, but you have to be pretty quick to accept them or another roamler user will beat you to it.

How much money can you expect to make?

We didn't travel too far out of our way to perform tasks, only accepting those within a short distance.

In the four weeks we had the app installed, we earned £12.50. We accepted another £14 worth of paid tasks, but didn't follow the instructions properly and therefore failed to cash in.

Level 2 users can accept a maximum of five tasks a day, so committed users could earn far more over four weeks than we did. It all depends on how much effort you're willing to put in.

After our research, we kept roamler installed for a second four-week period, earning an extra £52, bringing our total to £64.50.

Our gallery below shows how you could earn £25 in a day by completing a mystery shop at five of the listed bars.

Toluna

Toluna is primarily an app which pays you for taking surveys. You can earn 2,000+ points for taking major surveys, which typically take 15-20 minutes to complete, or 15 points by completing minor one-question surveys.

It's simple to create your own short surveys, or gather opinions on a topic you're interested in. This creates a unique sense of community among toluna users.

There is an impressive range of gift cards, rewards or sweepstake entries for you to spend your points on.

Using toluna

Of all the survey apps we tested, toluna was the easiest and the most rewarding to use, although it did crash twice just as we were completing a major survey.

We were rejected from completing a lot of surveys after filling out our demographic information, but were able to complete a far greater proportion of them compared to the other apps we tested.

How much money can you expect to make?

We completed 11 major surveys and dozens of minor surveys during our 20-day testing period, earning a total of 27,045 points.

A £5 starbucks voucher costs 25,000 points. A £20 amazon voucher costs 107,000 points. A £35 paypal payment costs 185,000 points.

Fronto

Fronto places adverts on your phone's lock screen and pays points for unlocking your phone.

These points can be exchanged for gift vouchers at amazon, debenhams or marks & spencer, or for paypal payments.

If you click through to the websites advertised, you can earn more points. Fronto has minimal impact on your smartphone usage unless you're easily distracted by viral articles.

How much money can you expect to make?

Our tester kept fronto installed on his phone for four weeks and racked up 6,910 points. A £1 amazon gift voucher costs 5,070 points, so to make a significant amount of money with the app, you'll need to keep fronto's adverts in place for at least a year.

Pocket bounty

Pocket bounty allows you to earn coins by taking surveys, downloading apps, entering competitions and even watching videos.

These coins can be exchanged for vouchers at amazon or google play, as well as paypal payments.

Using pocket bounty

Taking surveys appeared to be the most time-effective method of earning coins.

However, you can expect to waste a lot of time filling out demographic information, only to then be told you're not suitable to take part. Many times, this occurred straight after we noted that we worked in journalism/media/magazines etc. Those with careers outside these fields may have better luck.

Trying to earn coins by downloading apps proved similarly time-consuming. With some, you only need to install and open the app to earn coins, but other downloads only pay out if you get through to a certain point (a specific level of a game for example). Many of the download links were interrupted by pop-up adverts.

You'll earn one coin for watching a 1-2 minute advert, and this typically triggered the appearance of another ad you have to watch for free. This is definitely the least time-effective method of earning coins.

The competitions are typically littered with dozens of tick boxes asking if you'd like to be contacted by advertisers, so be vigilant when scrolling through these.

How much money can you expect to make?

Our tester earned 958 coins over the 20-day period. It costs 3,000 coins to buy an amazon voucher worth $2.50 (£1.95).

Receipt hog

Receipt hog pays you to take photos of your receipts, and those collected by others in your household.

Each receipt from grocery or health & beauty stores earns you between five and 20 coins depending on the size of the purchase. The maximum amount of coins you can earn from submitting receipts is capped at 100 per week.

Receipts from other types of retailers, including clothes, electronics and home improvement stores, earn you one spin on the 'hog slots'. This slot machine game pays out between 0 and 2,000 coins per spin.

Each receipt submitted earns you one entry to the monthly sweepstakes, where huge coin bonuses are handed out.

How much money can you expect to make?

It costs 1,000 coins to buy a £3 amazon voucher.

But it will take a minimum of 10 weeks to earn this just from scanning receipts, although big wins on the hog slots can speed up your earning potential. After four weeks of snapping receipts, we earned just 219 coins.

Swagbucks

Swagbucks pays users for completing tasks they'd likely already be doing on the internet.

You can earn points (or swagbucks as they are called) by making web searches, watching videos or completing surveys. There is also has an associated cashback site which rewards you in swagbucks rather than cash.

Using swagbucks

It quickly became apparent that watching videos and making web searches would not the most time-efficient method of earning swagbucks. The sporadic rewards offered while using the search engine weren't worth the extra effort of navigating to it in the app, while watching videos only paid a pittance.

The quickest way to earn swagbucks for free appeared to be filling out surveys. However, as with all of the survey apps we tested, we were often rejected from taking part after filling out our demographic information.

This often occurred immediately after noting our choice of career (media/journalism/magazines etc).

The swagbucks cashback site had plenty of available deals, although not compared to the likes of quidco and topcashback.

How much money can you expect to make?

There are plug-ins available that make it almost effortless to earn swagbucks from your desktop computer. For example, you can make the swagbucks search engine your default option - or run swagbucks video ads in the background while you're working.

Making serious money from the smartphone app appears to be a real slog though. We spent ten minutes a day attempting to fill out surveys for 20 days, and earned 232 swagbucks. A £5 amazon voucher, however, costs 600, so we weren't actually able to earn any money.

Voxpopme

Voxpopme pays you for offering your opinion on a range of subjects. Simply upload a one-minute video of you talking about the subjects offered to you. You'll earn 25p for each video.

How much money can you expect to make?

We answered every question offered to us in the four weeks we had the app installed, but still only earned £2.25. The app offers paypal payments, but you have to earn a minimum of £10 before you can cash out.

18 ways to earn money online from home without investment

Are you looking for the ways to earn money online?

Did you try to make money online before but did not get success? Then no need to worry anymore!

Because we have already trained more than 7,00,000 people across the world & they are successfully making $300 to $2000 (INR 20,000+) per month.

We are showing you below some of the best ways to earn money online. You can also download our training package which will help you to grow your income very fast.

And yes, everything in this website is absolutely free & without investment.

18 ways to earn money online

Check some of the best ways below & start immediately-

1. Make money with online surveys

Here you can make money by completing small surveys which takes 5 minutes to 20 minutes depending on the requirement of a particular company.

You need to write your feedback & opinion in a survey. You just have to select your choice from the question & there is no need to write anything.

You can make $1 to $20 depending on the length of the survey, your profile & the country you are living in. You can find more about paid surveys and join 20 best survey sites.

2. Earn money with blogging

I have been making money with blogging from the last 7-8 years. I have made more than 1 million dollar (almost rs. 7 crore+) with blogging. I was so confused when I started blogging.

I had absolutely no idea about blogging when I started in 2010. I worked very hard but made no money with blogging for almost 1 year.

But I never gave up! I was doing my research on topics like, ‘how to create a blog', ‘how to write on your blog' and ‘how to promote your blog'.

And things started in my favor after 1 year. I made my first $100 from blogging in 2011. Then there was no looking back. Today I am earning $25,000 (rs 15 lacs+) per month from blogging.

You can know more about my blogging journey, my income proofs and a complete guide on how to start a blog for FREE.

3. Become a captcha solver

If you have more free time (2 hours a day) then you can add further income in your pocket by working as a captcha solver.

This is one of the easiest way to earn money online. As a captcha solver, you need to read the captcha images & type the exact characters.

You need to be very fast in order to earn better income. You can get paid up to $2 for every 1000 captchas you solve.

If you are interested in this then you can check this list of 10 best captcha work sites.

4. Earn with affiliate marketing

If you are serious about earning money online & you are a hard working guy who wants to make big income then affiliate marketing is for you.

There is more scope for affiliate marketing than before because of the high growth of online shopping.

There are hundreds of online merchants like amazon, flipkart, ebay, clickbank, CJ etc. Where you can signup & promote their products.

In affiliate marketing, you are simply helping customers to buy the right product by creating a simple website & in return you can earn 4% to 20% commission.

You can signup for free training so that we can send you one of the best guide on affiliate marketing that can help you to earn great income.

5. Become a freelancer

Freelancing is another popular way to make money after blogging & affiliate marketing. As a freelancer, you can work with small or big companies on a temporary basis & provide them your services.

Freelancers can make $500 to $2000+ per month depending on the type of freelance jobs you will do for your client.

You can work as a content writer, web designer, graphics designer or provide services like SEO, data entry, video testimonials, digital marketing etc.

There are dozens of popular websites like upwork, freelancer.In , worknhire , and many more freelance sites that can give you the ready platform with ready clients.

6. Virtual assistant

A virtual assistant is like a personal assistant who can earn money by working online for someone without being physically present.

He can do variety of tasks like taking care of websites, counseling, writing & proofreading, publishing content, marketing, coding, website & app development, research etc.

There are dozens of companies like hiremymom , mytasker , zirtual , uassistme , 123employee where you can signup for virtual assistant work.

7. Writing job

Writing is another better way to earn money on internet through writing different types of content.

You can write for blogs, companies, institutions, individual people etc. Different types of writers get paid differently.

Normally people get paid $5 to $20+ for writing 500 words content.

If you don’t have writing skills then you can read this post and become a freelance writer.

You can go to the sites like upwork, iwriter, writerbay, freelancewriting, textbroker, expresswriters.Com, freelancewritinggigs.Com to find the content writing jobs.

8. Micro-working

There are more ways that can help you to make extra income by working in part time. You can easily make $200-$300 per month by doing simple tasks on different sites.

Here you can work on variety of different tasks like identifying an object, rating & commenting on different sites, visiting some websites, finding contact details, doing small research, writing small articles etc.

There are many websites like mturk, microworker, seoclerk, clickworker, gigwalk where you can work as a micro worker & earn extra income. After signup, we will show you how to work as micro-worker and make money.

9. Become a youtuber

Youtube is one of the hottest trend in earning money online. You can start your youtube channel, upload some quality videos and then become a youtube partner to make money online on youtube.

You can create different kind of videos like prank videos, comedy videos, kitchen recipes, how-to-do videos, travel tips, or anything you think, is useful for people.

Once you get the videos views and subscribers for your channel then you can apply for youtube partner program.

Once you get the approval, people will see the ads along with ads in your videos. You will make money for each views your video receive.

You can shoot videos from your smartphone or any DSLR camera.

10. Become an online seller

Online selling is not like traditional selling. You don’t have much scope of selling your items outside your local market but in online selling, you can sell your product all over the country.

There are 2 ways to sell anything online.

Either, you can create your own website and sell your products from your website OR become a seller on any famous shopping portal like amazon, flipkart, ebay, snapdeal etc.

Second option is much better you will get existing customers of these popular portals.

Now you must be thinking that what can I sell when I don’t have any product?

I have seen many amazon and flipkart sellers who don’t have any product but still they are selling number of products on these sites.

What you can do is, roam around your city & check for the best products you can sell on these sites. You can find the wholesalers and distributors who can sell you these products at a highly discounted rates.

You can list these products on amazon, ebay etc. And make money by selling at a higher price.

You need to try the best products that you can sell at lower than market price. Trust me, its easier than your thought. Only thing you need to do is take action.

11. Domain trader

Domain trading is another high profit business you can do online. But here you need some investment for buying the domain.’

You must be an expert OR you should get detailed knowledge before you start this business.

You can buy domains from godaddy or other domain registrar for less than $10 & sell in future to the needy person for hundreds of dollars. Your skill here is to identify great domains that are not booked yet & companies in future can try to buy that domain.

When companies don’t find the domain of their choice, they contact the domain owner for the deal & it’s in your control to fix the price. You can even put your domains on auction so that people can buy directly at your desired price.

12. Website flipping

Like domain trading, website flipping is also a hot business to earn money online. Here you don’t deal with domains but websites.

You have to create a website, work on it for 3-6 months or more so that you can start making money from the websites.

After earning for 2-3 months, you can put that site on auction on flippa , empireflippers etc. You can easily get 15-20 times price of your monthly earning from that website.

It’s much easier to grow an old sites than creating a new site and the grow this new site.

Many experienced people buy websites from flippa, work for 3-4 months on these sites and make double or triple income.

13. Provide training & consultancy

There is a big scope of earning money online if you have some good skills that people need. Like you can provide training on spoken english, computer courses, any technical course, feng shui, medical treatment and any other things.

You can promote your business through a website or a facebook business page.

You need to promote your website or facebook page in order to get the potential leads.

You can get many customers through a good follow ups.

14. Stock & forex trading

Stock trading & forex trading is a very lucrative way to make money for those who has good idea of the market.

There are number of free or paid courses available on internet that can train you for online trading.

You can even read newspaper like economic times or watch TV channels like CNBC to become more expert in the field. Its risky to enter into this market without sufficient knowledge.

15. Earn money from your smartphone

There are various smartphone apps that can pay you some extra income by completing some simple tasks on your smartphone.

There are at least 20 money making apps that if you install in your smartphone, can give an extra income of $200-$300.

You have to take simple surveys, complete offers by signup on other websites, play games, watch videos etc.

You don’t need to take any extra time to earn from this as you can make money on the go.

16. Sell photos online

This is another use of your smartphone. You can take high quality images of nature, places, people, things, dishes, homes etc. & sell them online.

There are number of big sites like shutterstock, fotolia, , istockphoto, photobucket where you can submit your photos. Whenever some customer wants to purchase your photos, you will get paid as per the price you fix.

You can get paid multiple time for the same photos. Read this moneyconnexion post for more details.

17. Sell old stuff on OLX or quikr

I am sure there may be number of things in your home that are lying unused for months & if you take little efforts, you can earn some good money.

You just need to do 2 things, i.E. Find out all the items that you are no longer using, take high quality photos of these items from different angles & list these items on OLX & quikr for sale.

Not only this, you can also ask your friends & relatives for selling their old stuff. You can help them selling these items & make some commission.

So these 18 ways can provide a perfect answer for your query ‘how to earn money online” & yes, you can shoot an email to us in case of assistance.