The Robinhood zero-commission stock brokerage account is now offering 1 free share of stock worth between $2.50-200 for all new clients. For example, you might get a share of ARR worth about $24, or a stock of FB worth about $170.
Just sign up through this Referral Link to claim your free stock as soon as your application is approved.
Robinhood offers zero-dollar commissions for self-directed individual or joint cash brokerage accounts that trade listed and OTC equity securities via web or mobile devices.
There are no fees to open or maintain your Robinhood account, and there is no minimum balance requirement to open your account or to qualify for the free stock share bonus.
So What Is Robinhood?
Robinhood is a brokerage account that provides free stock trading through its app and website.
You can use Robinhood to:
- Invest in publicly-traded companies and exchange-traded funds that are listed on U.S. exchanges.
- Place orders using Robinhood to buy and sell stocks with zero commissions.
- Invest in Cryptocurrency
There are no fees to open or maintain your Robinhood account, and there’s no minimum account balance requirement for cash accounts.
You can link your bank account with your Robinhood account, which allows you to transfer funds between your bank account and your Robinhood account via ACH transfers for free.
And How Does This Bonus Work?
Just sign up using this link, open an account, and once it’s approved, you’ll get a free stock worth between $2.50 – $200.
But here’s the nitty gritty:
You’re able to sell the stock after 2 days of holding it, and you can’t withdraw the funds from it for 30 days – though you can use them to buy other stocks if you want.
As for how the stocks are chosen, Robinhood chooses companies and purchases stocks every day into the inventory based on their total value (market capitalization) and the price of each share.
My Personal Experience – And Why I Recommend Them
So I signed up for Robinhood about 2 months ago, and I think it’s a fantastic brokerage account. There’s no commission on any of the trades, the app is really easy to use and lets me trade wherever I am. I might be a little biased, since the free stock they gave me was FB, and it was worth $191…
But I do think that it’s very easy to use, and everything is laid out in a way that makes sense. Now, I won’t delve too deep into this right now, I’m actually writing up a full comparison of Webull VS. Robinhood right now, but that won’t be ready until later this week.
For now, I say that since all you need to do is open an account, it’s a great idea to at least check them out and see what you get. It takes 5 minutes to sign up, and you might get lucky and get something worth $200.
PS. If you were interested in learning a little more about webull, I wrote a small article about them yesterday. You can check that out here.