Believe it or not, in today's digital age, a myriad of online stock trading brokerages are luring customers with enticing sign-up bonuses. These can range from free stocks to cash rewards. It's fascinating to see how these platforms are more than willing to reward you just for choosing them over their competitors.
Numerous investment apps offer opportunities to acquire complimentary stock shares. A highlight of my personal finance journey is ensuring my brokerage meets my expectations. The following investment platforms stand out, allowing you to curate a strong portfolio with mutual funds, stocks, and ETFs, all while earning free stock shares.
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.
Get 16 free stocks valued up $2,000
Get $20 bonus investment after joining
Get a $5 bonus to start
Collect Free Stocks From These Companies
Yes, there is such a thing as free stocks. We know, we know. It sounds too good to be true, but you just have to know where to look.
- Moomoo: Get up to 16 free stocks worth between $2 and $2,000 (requires $100 min. deposit)
- Acorns: $20 bonus investment (requires $5 min. recurring investment)
- Stash: $5 bonus when you sign up (requires $5 deposit)
- Robinhood: Get 1 stock worth between $5.00 and $200 (no deposit required)
- Webull: Deposit and claim 6-12 free stocks (requires $1 min. deposit)
- Public: Between $3 and $300 (requires $20 min. deposit)
- SoFi Invest: Get $25 worth of your favorite stock (requires $10 min. deposit)
- M1 Finance: Get up to $500 bonus (requires $10,000 min. deposit)
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. Moomoo: Get up to 16 free stocks worth up to $2,000
- Free stock value: $3-$2,000
- Available on: Apple iOS (4.7 rating – 629,216 reviews) and Google Android (4.5 rating – 124,337 votes)
Moomoo is a stock trading platform that offers commission-free trading of US stocks and ETFs. They also offer low-cost options trading. Moomoo is a FINRA-regulated platform that is insured by the FDIC and SIPC.
Moomoo offers a free stock promotion where you can receive up to 16 free stocks. You can also receive free stocks by completing specified tasks. The value of the stocks you receive can range from $3 to $2,000. You don't have to invest the money to earn the free stocks.
2. Acorns: $20 bonus after joining and setting up recurring investments
- Free stock value: $20
- 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 $20 bonus today!
3. Stash: Sign up and get a $5 bonus to start
- 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.
4. Robinhood: Get 1 free stock worth between $5.00 and $200
- Free stock value: Up to $200
- 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.
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.
5. Webull: Deposit and claim 6-12 free stocks
- Free stock value: Account Opening and $5 Deposit: 6-12 free stocks worth between $3 – $3,000
- 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. 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 would.
6. Public: Between $3 and $300
- 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.
7. SoFi Invest: Get $25 worth of your favorite stock
- Free stock value: $20
- 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 the icing on the cake.
8. M1 Finance: Get up to $500 bonus
- Free stock value: $30
- Available on: Apple iOS (4.6 rating – 24,088 reviews) and Google Android (4.2 rating – 12,088 votes)
M1 Finance is an investment app that offers a combination of self-directed trading and automated investing. The app uses pie-based models to let you choose which stocks, ETFs, or portfolios you want to invest in. You can also use pre-built portfolios, called “Expert Pies”.
M1 Finance also offers digital banking, a credit card option, and a cash flow allocation feature. You can transfer money, set up direct deposit, and spend with a debit card.
Free Stocks for Signing Up Summary List
Ready to get free shares of stock? Investors can earn free stock through these brokerages.
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.
In the investing world, there's been a surge of interest in apps offering free stocks to attract new users to their platforms. These stock trading apps aim to make the stock market more accessible to new investors and younger generations. But what does this mean for those eager to begin their investing journey?
Several platforms, such as Robinhood, Webull, and Firstrade, provide new users with free stock shares upon signing up and opening a brokerage account. Typically, these platforms use a “pick a card game” or similar mechanisms where you might earn free stocks valued anywhere from $5 to $200, depending on luck and the app's specific promotional campaign.
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 $200 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.
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.
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).
Commission-free trading means that users can buy and sell stocks, ETFs, options, and sometimes even alternative assets like crypto without paying any commission fees. This has been a game-changer for active traders who once had to pay high fixed fees for each trade, affecting their investment portfolio growth.
While some investing platforms require an initial deposit or linking a bank account, others might award free shares simply for creating an account. It’s always important to read the terms and conditions to understand the exact steps and requirements.
While many stock trading apps emphasize individual stocks and ETFs, others offer a wider range of options including mutual funds, retirement accounts like IRAs, and even bonds or CDs.
It's important to note that when you sell stocks or withdraw cash bonuses, this could constitute taxable income. Earnings from free stocks or bonuses might be subject to capital gains tax. It's always recommended to consult a tax professional for advice.
While the prospect of earning free stocks and commission-free trading is enticing, remember investing involves risk. Stock values can go up and down, and there's no guarantee of returns. Furthermore, while many apps offer professional-grade tools and real-time stock alerts, some might have fewer features, so it's always best to choose a platform that aligns with your investing goals and knowledge.
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.
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. Here is why I use it:
- 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.
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), Moomoo is the better offer that offers up to 16 free stocks when you meet deposit limits. The share of stock you receive will fluctuate with market movements.
Ready to get a free stock?