Robinhood is a brokerage app that lets you buy stocks commission-free with no fees to open or maintain your account. Plus, new users can get 1 free share of stock when they sign up for a Robinhood account!
NEW ROBINHOOD USER BONUS
Earn 1 FREE stock when you sign up with this link.
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):
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 $3 to and $225 dollars (average of $10) once your account is approved.
Here are the odds of what you can get:
- 1 in 400 chance of getting Visa ($202.34), Johnson & Jonhson ($160.60), or Apple ($134.02) stock
- 1 in 100 chance of getting Snap ($59.26) or New York Times ($51.13) stock
- 9 in 10 chance of getting Ford ($11.20), General Electric ($11.20), or Kinder Morgan ($14.24) stock
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
- Sign up for a Robinhood account using this link
- Link any bank account of yours to Robinhood
- 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.
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.
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 $500 in reward stocks each calendar year from referrals.
How To Refer Friends
- Tap the “Account” icon at the bottom right-hand corner of the Robinhood app
- Click on “Get Free Stock“.
- 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
- 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:
And here’s a screenshot of the referral page where you can grab your unique referral link to share with friends and family:
The Bottom Line
The Webull trading app has a better sign-up bonus and referral program. Webull’s a newcomer in this space and 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:
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! 🙂