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Robinhood Referral Bonus – Get 1 Free Stock Worth Up To $200

Get free shares of stock worth up to $200 when you sign up for a Robinhood account and link a bank account. No deposit or trade required!

You can earn an additional fractional share of stock for every person you refer that joins Robinhood. The person you invite will also receive a free share of stock as a referral bonus.

Full details of the Robinhood referral bonus and how to get additional free stock below.

This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

NEW ROBINHOOD USER BONUS
Earn 1 FREE stock when you sign up with this link.

About Robinhood

Robinhood was one of the first stock trading apps available for smart phones and by far the most popular. In fact, it’s been downloaded over 3 million times in one month alone (January 2021):

Trading app downloads by month trend
(Image from CNBC)

Why is it so popular? First, people love free. Robinhood allows you to buy stocks for no cost whatsoever. Second, the app is very easy to use. People new to the stock market find it very simple to navigate. Avid investors appreciate that they can buy and sell stocks effortlessly.

Why pay for other stock apps when there’s a free one that works great?

Robinhood Free Stock Offer

If you’re new to Robinhood, simply use this referral link to open an account and get 1 free share of stock valued between $5 to and $200 dollars (average of $10) once your account is approved.

Robinhood "choose your free stock"

Here are the odds of what you can get:

  • 9 in 10 chance of getting fractional stock shares between $5 and $20
  • 1 in 100 chance of getting a value of at least $20
  • 1 in 1000 chance of receiving a value of at least $200

So while you’ll have higher chances to get a stock worth $10 or so, there’s a very real possibility you’d get a big one like some readers of The Money Ninja!

How To Get Free Stock Offer

  1. Open a Robinhood account using this link.
  2. Link a bank account to Robinhood.
  3. Receive your free stock within 2-3 days.

You can keep the stock in your account or sell it after 2 days of receiving it. It’s completely up to you.

BrokeragePromotionLink
Webull logo12 Free StocksLink
Moomoo logo16 Free StocksLink
SoFi logo1 Free Stock ($25)Link
Public logo1 Free Stock (Up To $300)Link
TradeStation logo$150 Cash BonusLink
M1 Finance logoUp to $500Link
TradeUP$60 BonusLink
Robinhood logo1 Free Stock (Up To $225)Link
tastyworks logo$3,000 BonusLink
Acorns logo$10 Cash BonusLink

Robinhood Referral Program

Once you have your own Robinhood stock account, you can take part in Robinhood’s referral program and earn even more free stocks!

For every person you invite to join, you’ll both earn 1 free stock.

Ninja Note: The person referring will now get 3 free stocks. The person being referred will still get 1 free stock.

As soon as your friends signs up and links their bank account, Robinhood will credit each of your accounts with a reward stock.

You can receive up to $1,500 in reward stocks each calendar year from referrals.

How To Refer Friends

  1. Tap the “Account” icon at the bottom right-hand corner of the Robinhood app
  2. Click on “Get Free Stock“.
  3. Tap “Invite Contacts” to share with your phone contacts or “Share Link” in order get a copy of your referral link to send out to friends and family
  4. Receive a free stock for every friend who successfully opens a Robinhood account and links their bank account

Here’s a screenshot of what the account page looks like with the “Get Free Stock” button at the bottom of the screen:

Robinhood account page screenshot
(Screenshot of Robinhood app)

And here’s a screenshot of the referral page where you can grab your unique referral link to share with friends and family:

Robinhood referral page screenshot
(Screenshot of Robinhood app)

Other Free Stock Offers:

BrokeragePromotionLink
Webull logo12 Free StocksLink
Moomoo logo16 Free StocksLink
SoFi logo1 Free Stock ($25)Link
Public logo1 Free Stock (Up To $300)Link
TradeStation logo$150 Cash BonusLink
M1 Finance logoUp to $500Link
TradeUP$60 BonusLink
Robinhood logo1 Free Stock (Up To $225)Link
tastyworks logo$3,000 BonusLink
Acorns logo$10 Cash BonusLink

The Bottom Line

The Webull trading app has a better sign-up bonus. While they’re a newcomer in this space, Webull offers generous bonuses to entice new customers.

On the other hand, Robinhood has been around since 2013. They don’t need to dangle big promotions anymore. Still, free stock is free stock. Your credit score is not affected by opening brokerage accounts so I’d do this all day long.

I just signed up for Robinhood last month. I wasn’t so lucky with my free stock offer, got a cheap stock in AGEN:

Robinhood free stock award AGEN
(Screenshot of Robinhood app)

AGEN is up 38% to $4.20 at the time of this writing though. Maybe some lady at the bar will be impressed with this fact! 🙂

2 thoughts on “Robinhood Referral Bonus – Get 1 Free Stock Worth Up To $200”

  1. Hey TMN, can you make a post with all the free stock offers you know of? I think that would be helpful for everyone.

    In between the big bank bonuses in your blog, I sign up for these stock apps since they’re so easy to do.

    Reply

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