Stock used to be reserved for professionals, but the landscape has been completely changed with the online brokerage platforms providing access to millions of everyday people.
As the adoption of smartphones have skyrocketed in the last several years, a second wave of stock platforms have popped up. With this new wave of stock trading apps, there are now more opportunities to earn free shares of stocks.
The vast majority of these stock trading apps provide free stocks as a sign-up bonus with very simple requirements. To get free stocks for signing up, your best bet is to search which stock trading app you like and see what offers they have running.
In some cases, instead of getting free stocks, you can receive a cash reward or crypto reward instead. If the platform you’re interested in isn’t offering a sign-up bonus, then I’d suggest holding off from joining until they do.
While you wait, grab the sign up offers from the ones that have them. There are so many stock apps with bonuses. You’ll have plenty of ways to get free stock. Here are the best offers I see today.
Webull
Webull is offering at least $70 in free shares of stock when you download the app, open an account, and deposit at least $1. You can also get $5 in free crypto of your choice when you make your first crypto trade.
Right now, you’ll get up to 12 free shares of stock. You’ll earn two free shares for simply opening an account and get 10 more shares of stock by making an initial deposit. Each share of stock is $3 but can be as high as $3,000!
Each share of stock you receive is randomly assigned through an automated lottery draw. Follow this Webull page to find out the latest sign-up offers and promotions.
Besides the free stock shares, Webull is a good choice to trade stocks because it doesn’t charge any commissions. Although you can opt-in for subscription services like Level II data, the core services are free to use. It’s a great platform to use and while relatively new, its growth has been tremendous and is quickly catching up to Robinhood.
Moomoo
In the introduction, I mentioned that you should wait for a stock platform to offer a bonus before joining. This is a perfect example of just that.
Moomoo has these amazing offers where you typically get ten or more free stocks for opening an account and depositing $2,000. The best part is you don’t have to trade using that money. You can leave it alone, collect the bonus, and withdraw the principal amount if you prefer.
These promotions usually run every month or so, but it’s not guaranteed to come back and they have skipped months without offering anything in the past. So bookmark the Moomoo site and check in often to find out if an offer is enticing enough to join.
Robinhood
One of the first and most known stock apps, it’s a trading platform that’s popular because it was the first to offer a sign-up bonus. In fact, Ronbinhood’s claim to fame was inventing a random lottery system to give users a stock that could be worth hundreds of dollars.
Many people talked about this on Reddit and shared screenshots of the stocks they’ve won. It became viral because of this.
Robinhood is a good choice for beginners. With no account minimums, free trading, and advanced data insights, it’s perfect for stock trading newbies to get their feet wet.
Public.com
Public.com (formerly Public) is a social trading platform that lets you follow your favorite traders (and friends) to see what they’re investing in. You can automatically copy their trades or just use it as a reference to what stocks people are buying and selling.
Just like the other stock trading apps, Public.com also offers a welcome bonus for new users. You can get one free share of stock, worth up to $500, when you open an account using a referral code and make a deposit in any amount.
The person with your referral code will also get a free stock, so it’s a win-win situation for both parties.
You can choose which company’s stock you want your free share to be, with bluechip companies like Microsoft, Tesla, and Apple to select from.
