Invest8 Apps Giving Free Stocks - Make Up To $5,000 By Signing...

8 Apps Giving Free Stocks – Make Up To $5,000 By Signing Up

Yes, there is such thing as free stocks. We know, we know. It sounds too good to be true, but you just have to know where to look.

Ad Disclosure: This article contains references to products from our partners. We may receive compensation if you apply or shop through links in our content. You help support Smarts by using our links.

Believe it or not, most online stock trading brokerages offer sign up incentives these days. From free stocks to free cash, brokerages and investment platforms are willing to give you an incentive for doing business with them.

There are dozens of ways to get free shares of stock through these investing apps. My favorite part of personal finance and the investing experience is making sure my brokerage is doing its job. The investment apps below are some of the best, so you can build a solid portfolio of mutual funds, stocks and ETFs while scoring free shares of stock.

Next, we’ll move on to ways anyone can get free stocks. Some of them don’t require a deposit and you can still earn a free stock.

Collect Free Stocks From These Companies

Yes, there is such thing as free stocks. We know, we know. It sounds too good to be true, but you just have to know where to look.

Here’s the run down on each of these investing apps:

Free Stock Eligibility Requirements

There are some investing apps giving out free stocks with no deposit for signing up. Be sure to check the eligibility requirements below to see if a sign up is all that is required or if you have to deposit money to claim the free stock.

Here’s how to get free stocks:

1. Public: Between $3 and $300

public free stocks
  • Free stock value: Up to $300
  • Available on: Apple iOS (4.7 rating – 54,708 reviews) and Google Android (4.4 rating – 41,370 votes)

At Public, its mission is to open the markets to all which is why trades are commission-free and there are never any account minimums to set up or maintain.

Public never charge any hidden service or convenience fees because, well, frankly, there’s nothing convenient about a convenience fee.

The company is proud to keep Public free and open to all so that everything you invest and earn stays all yours.

Get Your Free Stock

Download: iOS | Android | Desktop

Public Free Stock Promotion

Public makes it possible to buy any stock with any amount of money — commission-free. And what’s more, they keep it simple at Public and that goes for the terms and rules of claiming a free stock.

How does the New Member Free Stock Program work?

  1. Sign up for Public.
  2. Open an approved brokerage account.
  3. Deposit funds into your account.
  4. Claim your free slice of stock from the button on the top right of your home screen!

How do I claim my free stock on Public?

Public will alert you as soon as you are cleared to claim your free slice of stock. Tap on the notification or the “Free Stock” button on the top right of your screen to claim your free slice of stock. Once you have claimed your free slice of stock, the cash value of the free slice may not be withdrawn for 90 days.

The value of the slice of stock you receive varies from $3 to $300 and may change from time to time based on market movements. Approximately 90% of participants will receive a free slice of stock with a value of $3, approximately 9.7% of participants will receive a free slice of stock with a value of $5, and approximately 0.3% of participants will receive a free slice of stock with a value of $300 through this download link.

2. Robinhood: Between $2.50 and $225

robinhood free stocks
  • Free stock value: Up to $225
  • Available on: Apple iOS (4.8 rating – 1,939,166 reviews) and Google Android (4.3 rating – 156,704 votes)

With apps like Robinhood, you can invest in stocks, options, cryptocurrencies and ETFs, all commission-free trades and start with as little as $1.

If you choose to open an account with Robinhood you can learn and understand financial markets so you can confidently invest in stocks, funds and options, all commission-free.

Robinhood has led the charge with commission-free trading and has left mostly all other brokerages scrambling to offer free trades in order to remain competitive — with the average trader benefiting immensely.

Robinhood’s app and the beautiful interface make it simple to purchase stocks and options. Before buying a stock, coin, or any other investment, you can access real-time market data, read relevant stock news articles, and get notified about important events.

And of course, you can manage your portfolio on the go with the Robinhood app (iOS and Android).

Robinhood also allows you to set up customized news and notifications to stay on top of your stocks as casually or as relentlessly as you like. Controlling the flow of info is up to you.

Plus, Robinhood has a full range of products to help make your money work harder for you such as a Cash Management account, a savings account that comes with up to $1.25 million in FDIC coverage.

Get Your Free Stock

Download: iOS | Android | Desktop

Robinhood Free Stock Promotion

To receive your Robinhood free stock, sign up with this link. Robinhood will add 1 share of free stock to your account when signing up for a new account.

You’ll be able to keep the stock or sell it after 2 trading days. You have a 1 in 150 chance of getting Microsoft ($220.8), Visa ($210.58), or Johnson & Johnson ($152.3).

The free stock is randomly chosen and individuals must sign up through this promotional page to be eligible.

How do I claim my free stock on Robinhood?

Once your stock is ready, Robinhood will send you a notification prompting you to claim your reward. If you forget to tap on the notification, you can claim your reward stock by navigating to Messages to check if you have new claimable stocks under Robinhood Rewards.

You can also navigate to the Rewards tab/icon on the home page and click on “Past” to see previously-granted rewards. If you don’t claim the reward stock within 60 days, it will expire.

3. Webull: Between $11 and $2,300

webull free stocks
  • Free stock value: Account Opening and $5 Deposit: $11.00 – $2,300
  • Available on: Apple iOS (4.7 rating – 53,326 reviews) and Google Android (4.4 rating – 63,908 votes)

Webull is the zero-commission brokerage app that’s new to the scene, having only opened its doors in 2018. Just like Robinhood, you can trade stocks, ETFs and options all for free (but no cryptocurrency).

An added benefit from Webull, the investing app provides you all the US market data you can handle. This includes a vast depth of news, real-time market data, analysis tools, and trading commissions completely free.

Webull definitely prides itself on continually improving its investing platform and bringing exciting and useful tools to help its users make smarter financial decisions. They app offers a subscription to Nasdaq TotalView for $24.99 that allows you to see Level II quotes. Having access to Level II data is crucial for the active trader.

If you’re just a regular investor though, you’ll enjoy the investing app as it offers you the ability to trade stocks, ETFs and options for free and you can access extended trading hours. Plus, they even offer you the ability to open a Roth IRA or other individual retirement accounts (IRAs)

If all of those free options did not entice, perhaps their lucrative free stock promotion will.

Get Your Free Stock

Download: iOS | Android | Desktop

Webull Free Stock Promotion

For about 3 minutes of work, you can earn yourself a random stock (anything from Groupon to Tesla) whose value is anywhere between $11.00 and $3,000.

This is possible if you’re a new user of Webull. They are currently running a free stock signup bonus when you signup through this link when you open a new account, which will give you a completely random stock. If you choose to deposit $5 when you sign up, you can get 4 free stocks valued up to $3,000.

There are no obligations to actually invest your money once you sign up – so it truly is free money.

How do I get my free stock at Webull?

Get 5 free stocks when you open and fund an account with Webull:

  1. Open account to get 2 free stocks each valued up $300
  2. Make a deposit of ANY amount to get 4 FREE stocks each valued up to $3,000!

How do I get my free crypto at Webull?

Get free $5 crypto reward:

  1. Open a brokerage account and make an initial deposit (any amount)
  2. Activate Webull crypto and complete ONE Crypto Trade (minimum $1).
  3. Choose from one of the following cryptocurrencies worth $5: free BTC, SHIB, DOGE, ADA, ETH

(*This promotion offer is open only to eligible customers. Please refer to the Terms and Conditions for eligibility.)

Take action: Signup for Webull and earn a free stock in minutes.

4. Acorns: $10

acorns free stocks
  • Free stock value: $10
  • Available on: Apple iOS (4.7 rating – 629,216 reviews) and Google Android (4.5 rating – 124,337 votes)

Acorns is an investing app for those who want to invest their spare change and have it grow into a large portfolio over time.

This investing app will round up your purchases and invest the difference on your behalf if you have automatic roundups enabled. This makes investing easy and effortless.

You’ll be investing in professionally-created portfolios that match your financial goals and risk tolerance starting at only $3/mo and comes with Acorns Later which lets you set money aside in an IRA so you can save on taxes.

With Acorns, automatically invest spare change from everyday purchases in expert-built portfolios recommended for you, easily save for retirement, get paid early, and more. Start in under 5 minutes and get a $10 bonus today!

Get Your Free Stock

Download: iOS | Android | Desktop

Acorns Free Stock Promotion

Acorns is offering a $10 bonus when you sign up for a new account. After joining through this link, Acorns will deposit $10 into your account which can be invested or transferred into your bank account for a quick profit.

How can I get my $10 Bonus at Acorns?

Easily save and invest in the background of life with Acorns, and get a $10 bonus investment. With Acorns, you can invest your spare change, save for retirement, earn as you shop, spend smarter, & grow your knowledge.

Here’s how:
  1. Set up your Acorns Personal account in under 5 minutes.
  2. Make your first investment in your future ($5 minimum).
  3. Get $10 investment bonus.

Join over 9.5 million people who have used Acorns to help their money grow!

Customer will receive $10 investment after customer sign up is complete and first investment is made ($5 minimum).

5. Stash: $5

stash
  • Promo: Invest at least $5 to get $5
  • Available on: Apple iOS (4.7 rating – ‎280,725 reviews) and Google Android (4.0 rating – 98,530 votes)

Stash is a robo-advisor that specializes in making it affordable for everyday people to invest in stocks. Stack has different accounts with varying incentives and monthly charges. The Stash growth account costs $3 per month and the Stash+ account costs $9.

One of its features, Stock-Back® rewards1, lets users earn shares of stock or ETFs when purchases are made with a Stash Stock-Back® Card.

Get Your Free Stock

Download: iOS | Android | Desktop

Stash Free Stock Promotion

For a limited time, Stash rewards new customers with a $5 bonus when they open an account. However, you must use this link to claim your $5 promo.

Here are the details:

Sign up for your new Stash account and complete registration. Connect your bank account and fund at least $5 to your new Stash account. The $5 bonus will be credited to your new Stash account within 3 business days.

Stash aims to make investing approachable for beginners. Invest any amount and low monthly fees. If you’re looking for a little hand-holding while you build a portfolio of stocks and ETFs, Stash may be a good fit.‎ Sign up and add $5 or more to your personal portfolio, and get a $5 bonus to start.

$5 Bonus
Stash
4.0

Stash aims to make investing approachable for beginners. The service has no account minimum and low monthly fees. If you’re looking for a little hand-holding while you build a portfolio of stocks and ETFs, Stash may be a good fit.‎ Sign up and add $5 or more to your personal portfolio, and get a $5 bonus to start.

GET $5 ON STASH

Paid non-client endorsement. See Apple App Store and Google Play reviews. View important disclosures. Nothing in this material should be construed as an offer, recommendation, or solicitation to buy or sell any security. All investments are subject to risk and may lose value.

Offer is subject to T&Cs

1All rewards earned through use of the Stash Visa Debit card (Stock-Back® Card) will be fulfilled by Stash Investments LLC. Rewards will go to your Stash personal investment account, which is not FDIC insured. You will bear the standard fees and expenses reflected in the pricing of the investments that you earn, plus fees for various ancillary services charged by Stash. Stash Stock-Back® Rewards is not sponsored or endorsed by Green Dot Bank, Green Dot Corporation, Visa U.S.A., or any of their respective affiliates, and none of the foregoing has any responsibility to fulfill any stock rewards earned through this program.

6. SoFi Invest: Up to $1,000

sofi invest free stock
  • Free stock value: Up to $1,000
  • Available on: Apple iOS (4.8 rating – 62,118 reviews) and Google Android (4.8 rating – 60,135 votes)

SoFi has made one of the best apps for those who want to manage their money better. Not only can you invest your money (all for free), but it offers customers multiple products and services to help them manage their money, including credit cards, tracking your net worth, personal loans, student loans and more.

SoFi Invest offers the following:

  • Stocks, crypto, and automated investing—all in one place
  • No trading fees or commissions, & no account minimums to invest in stocks
  • Get a piece of popular stocks starting at $1 with Stock Bits
  • Buy and sell Bitcoin, Litecoin, and Ethereum
  • Discover trending stocks, ETFs
  • Automated investing for a hands-off approach

It is one of the best investing apps for beginners and experienced investors alike. The free stock promotion is just an icing on the cake.

Get Your Free Stock

Download: iOS | Android | Desktop

SoFi Invest Free Stock Promotion

SoFi has the Invest Claw Promotion running right now. You can win up to $1,000 in free stock when you download the app and open an Active Invest account.

Upon setting up your account, you will have the opportunity to play by engaging an electronic claw to “grab” a game piece. The following chart lists the total amount of Prizes available to be claimed by participating in the Promotion:

ValueOdds
$1,000.000.028%
$100.001.662%
$25.003.324%
$10.009.498%
$5.0085.488%

Take action:

Sign up for a SoFi account then download the mobile app, tap Get Started, and select Start Investing under active investing account. There you’ll find step-by-step instructions on how to get started.

7. MooMoo: Up to $2,400

moomoo free stock promo
  • Free stock value: $1,000
  • Available on: Apple iOS (4.7 rating – 629,216 reviews) and Google Android (4.5 rating – 124,337 votes)

Moomoo offers comission-free trading and allows you to invest in stocks, ADRs, ETFs and options trading without paying any commissions. If you want to see real-time bids and asks at a certain price for stocks and trades, you’ll also get access to free Level 2 market data.

Moomoo is a member of FINRA and SIPC, which protects securities customers of its members up to $500,000 — so your money is safe. Overall, moomoo offers a very user friendly platform to trade and invest stock even for an inexperienced investor.

Get Your Free Stock

Download: iOS | Android | Desktop

Moomoo Free Stock Promotion

Moomoo has an exclusive offer for new users where you can earn up to 3 free stocks! You must use our link to claim this promotion.

Here are the details:

  1. Open an account and deposit $100+ for 2 free stocks worth between $4 and $200
  2. Then, deposit $1,500+ for 2 more free stocks worth between $10 and $1,000

In total, that is 4 free stocks worth a minimum of $28 and a maximum of $2,400!

You have a 1 in 250 chance to win Tesla, Netflix, Apple, Facebook or Adobe. And a 1 in 100 chance to win Disney, Microsoft, Starbucks, IBM or Coca-Cola.

8. M1 Finance: $30

m1 free stocks
  • Free stock value: $30
  • Available on: Apple iOS (4.6 rating – 24,088 reviews) and Google Android (4.2 rating – 12,088 votes)

Invest, borrow, and spend, all in one easy-to-use app. No speculative day trading, just long-term wealth building with the M1 Finance app.

The M1 investment app was built with your financial well-being in mind. With M1, you can invest, borrow, and spend your money all in one place.

You set your strategy and they automate it, so you can concentrate on the big picture while we take care of the day-to-day.

Get Your Free Stock

Download: iOS | Android | Desktop

M1 Free Stock Promotion

First, get started by joining here.

Through the end of 2022, open an account and make a $1,000 deposit within 14 days to receive a $30 bonus and get 1-year free of M1 Plus ($125 value).

You can also get another $10 to put toward stock, but you’ll need a friend. Once you’ve funded your account, click “Refer and Earn” to find a unique referral link to send to your friends. Once they’ve funded their accounts, you’ll get a $10 sign up bonus.

Free Stocks for Signing Up Summary List

Ready to get free shares of stock? Investors can earn free stock through these brokerages.

  1. Stash
  2. Stash
    4.0

    Stash aims to make investing approachable for beginners. The service has no account minimum and low monthly fees. If you’re looking for a little hand-holding while you build a portfolio of stocks and ETFs, Stash may be a good fit.‎ Sign up and add $5 or more to your personal portfolio, and get a $5 bonus to start.

    GET $5 ON STASH

Free Shares of Stock FAQs

Where can I get free stocks right now?

There are dozens of free stock trading apps that offer you free stocks for signing up. Apps like Robinhood will give you a free stock worth up to $225 and no minimum deposit is required. Another lucrative offer is Webull which will give you up to $2,300 with two free stocks, after an initial deposit of $5.

How does Robinhood give free stocks?

Online brokerage firms and apps like Stockpile, Stash Invest and Robinhood can give free stocks as part of their marketing initiatives. They gift new clients new stocks in hopes to have them as long-term customers. Even though they are free trading apps, they make money through from payment for order flow.

What is the best investing app?

The best brokerage account depends on if you’re a new investor or an experienced investor or trader. If you are just starting out consider getting an Acorns account that is the best micro-investing app for new investors. If you want to dabble with options and use margin trading then consider getting Robinhood and upgrade to Robinhood Gold ($5 monthly fee).

Ways to Be Successful in Trading Stocks

You can only get so far with getting a free stock or fee-free trading. If you want to build real wealth then you need a competitive advantage.

That’s where stock research websites and apps like Seeking Alpha can help you find the right appreciating assets to buy.

It’s no secret that investing money can make you money daily and earning crazy returns is possible. But what stocks should you invest in? What companies are worth checking out? For me, I use Seeking Alpha which is an investment research platform that puts institutional-quality tools and resources in the hands of the everyday investor.

Features

  • This is a comprehensive stock screener with several features so you can cut through the noise.
  • Tools to help identify high-quality stocks that pay dividends.
  • Transcripts of earnings calls and more are all available in one place for free.
  • It’s like having your own personal Ivy League-efficiency analyze companies before they hit public markets – only without paying tuition!
  • The site even links up account holders from brokerage firms such as Charles Schwab or Fidelity Investments if they have an active investment strategy going on too.

Costs

  • Basic – Free
  • Premium – $29.99/ month or $19.99/month if billed annually
  • Pro – $299.99/ month or $199.99/ month when billed annually

How Viable is Online Stock Trading in 2022?

Trading is no doubt rising in the modern era. But what are the major causes behind it? And why is the younger generation of adults suddenly interested in trading at an increased rate?

Online trading has become a popular term among families in the United States, especially among Generation Y and millennials. These youngest generations just coming into adulthood have been embracing online trading extensively, in part because of the widespread of smartphones.

While the ability to have an effective computer in your pocket is certainly one of the major reasons why online trading has become so pervasive, technology is not the only reason why more than 15 million users already have various accounts on different trading platforms.

If you’re one of the millions of millennials or have a child within that generation who has become interested in trading, then you can relate.

Continue reading to find out the 7 major reasons behind online stock trading in the modern world.

1. Reduced Costs

As a young adult, big budgets may not be the perfect solution to start a successful trading side hustle. Unlike all the traditional brokerage firms out there, online offers low fees to its up and coming traders.

You can start buying and selling stocks with as low as $5 and $10 on stock exchange markets, for example, IQ Options, CMC Markets, XM, and many others.

Exchange-traded funds (ETFs) trading for 10$ is also possible with brokerage firms that offer an ETF for as low as $4.95, for example, the famous Charles Schwab.

How cool is that?

2. No More Selfish Brokers!

Brokers are the best trading professionals, with hundreds of economists and analysts, however, they are not always the best choice for new traders.

Before the invasion of online trading in the modern era, brokerage firms dominated the old economic world. Brokers usually give advice that would most benefit them, a fact which leaves a new trader in a trap. But technology is here to resolve the problem of brokerage bias by bringing the whole trading process to the traders’ hands. Thus, online trading allows investors like you to view their options and make their own decisions without waiting for a broker to give them a piece of advice on how to place their bets.

Brokers also often demanded a much heftier fee than the rates that online trading programs ask. While they do indeed offer years if not decades of experience, as the market has proven time and time again, past experience does not always lead to future success.

3. Monitor Investments

With advanced trading platforms and all of the amazing apps out there, as a trader, you can now track your profits or losses throughout the day by simply using your Smartphone. Monitoring investments has never been easier!

Making wise decisions is easier than ever with all of the advanced research, reports, and analysis that modern brokerage firms provide online through trading platforms. This ability to monitor also makes trading more fun and interactive.

Whether or not that is a good thing economically speaking is another question, but just like people enjoy betting on sports and cards, online trading has become a way to make a small investment and bet on your ability to turn that into a much larger financial reward.

4. It’s Easier Online!

Unlike past generations, the majority of young adults these days rely solely on the internet as their primary source for daily news. Newspapers and television news programs are no longer interesting for even the biggest world and economic news enthusiasts.

Instead, they rely on their powerful and developed stock news apps to discover any events happening around the world including economic, social, and political events that may affect market trends and their movements. This technological development made trading more intuitive for the present generations.

5. Speed is Important

The process of traditional trading can take days or even weeks, a fact which may be exhausting for tech-savvy individuals who believe that speed wins the race, not slow and steady.

Online trading offers tech enthusiasts fast transaction services and instant trading using a smartphone or a computer. And with the best investing apps available, trading gets more interesting, and transaction processes are even faster with funds transferred instantly from one account to another.

6. The Middlemen are on the Outside Looking in

In the past, an investor was obliged to at least call his broker before making a trade. However, online trading made the process much easier for the present generation, and it takes only a few clicks! With the middlemen almost excluded, online trading became interesting for beginners who don’t have enough money or connections to start trading with a full-service broker.

However, this doesn’t mean that brokers are totally eliminated, but modern brokerages facilitate the trading process when clicking the mouse. Thus, an online trader trades virtually with a broker, without being obliged to communicate verbally.

7. Unlimited Investment

If you are an offline trader, then you probably face a problem with investment limits, due to the fact that offline brokers impose a restricted amount of trades to benefit from the traders. But don’t worry, online trading does not impose such restrictions on its traders who can also benefit from trading multiple stocks.

In the end, online trading is incredibly attractive to investors big and small because you don’t have to be a business mogul or a wealthy celebrity to start your own successful trading business online.

Unlike complicated traditional trading, online platforms and apps offer investors real-time charts, local and global financial instruments, and signals for the best currency pairs, penny stocks, indices, and commodities, as well as, a trader has a chance to follow the advice of professional traders in order to take the best investment decisions and start profiting instantly.

Get Free Stocks

When you’re looking to get a free stock then there is no harm in signing for multiple brokerages. There are plenty of ways to get free money when you open an account and claim a stock bonus.

Most of these apps offer commission-free trading and real-time market data so you may find a new investment platform for self-directed trading or automated investing to build cash flow investments.

While I like Robinhood‘s free stock bonus when you sign up (no deposit required), Webull is the better offer that offers 2 free stocks when you meet deposit limits. The share of stock you receive will fluctuate with market movements.

Ready to get a free stock?

Investing Resources:
Brian Meiggs
Brian Meiggs
Founder of Smarts, Brian is an entrepreneur and investor who enjoys working out, reading, spending time with his family and friends, playing chess, traveling and creating great content. He’s passionate about helping others make smarter money moves and achieve financial freedom. He uses the free Personal Capital app to manage his cash flow and net worth.
0 0 votes
Rate this article
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments