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Webull free stock promotionWebull is a free stock trading app that can allow you to earn compound interest by investing in the stock market.
Get Up To 12 Free Stocks Worth Up To $30,600!
Webull is a commission free stock and crypto trading platform. Right now, Investing Simple readers can get up to 12 free stocks with their current promotion. Open an account to receive 2 free fractional shares worth $3 to $300. Deposit any amount of money to receive 4 to 10 more free fractional shares worth $7 to $3,000. Promotion expires 8/31/2022.
Webull free stock promotion
Get Up To 5 Free Stocks From Webull
Open a new Webull brokerage account today and deposit any amount of money to receive 5 free stocks. Webull offers commission free stock, ETF, option and crypto trading.
Written by Ryan Scribner on August 2, 2022
FTC Disclosure

6 Best Free Stock Promotions In August 2022

If you are new to the world of investing, one of the very first decisions you have to make is what platform or app to invest with. 

There are countless brokerage platforms out there to choose from, each offering different features.

However, one of the deciding factors might be getting something out of it for free. 

Since there are so many platforms competing with each other, many offer incentives in the form of free stocks or free bonuses to entice new users.

At the end of the day, you should choose a platform based on what will work best for you in the long run. But, we all like getting something for free at the end of the day.

Here are the current best free stock or free bonus promotions!

Best Bonuses For August 2022

Moomoo LogoGet Up To 5 FREE StocksDownload
Robinhood Logo1 Free Stock ($3-$225) For Opening AccountDownload
Webull Logo2 Free Stocks ($3-$300) For Opening Account, 3 Free Stocks ($7-$3,000) When You Make 1st DepositDownload
M1 Finance Robo AdvisorFree $30-$500 Bonus For Depositing/Transferring $1,000-$50,000+Download
Public Logo1 Free Stock Slice ($3-$300) When You Invest $1+Download
Acorns LogoFree $10 Bonus When You Invest $5+Download

1. Robinhood - 1 Free Stock Worth $5 To $200

Robinhood Logo

Known as the app that pioneered commission-free trading, Robinhood opens doors for beginning investors looking to get into the game without learning the ins and outs of a complicated trading platform.

In order to get the free stock from Robinhood, you have to open a new brokerage account and link your bank account. 

The value of the stock is random, ranging from $5 to $200. 

However, most people will end up getting a stock with a value of $2.50 to $10 (98% chance of this).

You could get lucky and end up with a much more valuable free stock.

Here's the odds:

  • 98% chance the free stock has a value between $2.50 and $10
  • 1% chance the free stock has a value between $10 and $50
  • 1% chance the free stock has a value between $50 and $200

Once the stock hits your account, you will be able to keep it forever or you can sell it after 2 trading days. 

You can read more about the Robinhood free stock promotion here!

2. Webull - 6 Free Stocks Worth Up To $30,600

Webull Logo

Webull is a commission-free stock and ETF trading platform. Experts designed Webull for active traders looking for a more dynamic user interface than some free platforms are offering. This platform has features helpful to traders such as technical indicators, research agency ratings, financial calendars and more.

Time: 8/1/2022 – 8/31/2022

Get up to 12 free stocks valued up to $30,600 when you open and fund a new account!

1. Open an account with Webull to get your 2 free fractional share stocks each valued $3- $300!

2.Deposit any amount to receive 4 - 10 free fractional share stocks each valued $7-$3000!

You can read more about the Webull free stock promotion here!

3. M1 Finance - Free Bonus Up To $250

M1 finance investing platform allows you to invest in individual stocks and ETFs for free. M1 charges no commissions or fees to invest. With a $100 minimum investment M1 gives investors access to their dynamic application.

First of all, this promotion runs until 5/15/22, so you may want to act soon!

All new users who open a new account with M1 Finance here are eligible for a one time cash reward deposited directly to your invest account.

The value of the cash reward is based on the deposit amount over 14 days:

  • $5,000 to $9,999.99 earns you a $25 bonus
  • $10,000 to $29,999.99 earns you a $50 bonus
  • $30,000 to $49,999.99 earns you a $150 bonus
  • $50,000+ earns you a $250 bonus

In order to earn the cash bonus, the total cash deposited to your new M1 Finance account over the first 14 days has to reach the amounts listed above.

You are also able to transfer over an existing brokerage account, which counts towards this promotion as well.

The value of the transferred account would count towards your total.

Depending on when you sign up by, you can expect to see your bonus deposited on November 15th 2022.

You can learn more about the M1 Finance deposit bonus here!

4. Public - Free $3 To $300 Stock Slice

Public Logo

Public is a brokerage platform that offers fractional shares, however they refer to this as a slice of a stock. 

In order to earn the free stock slice, you have to complete these simple steps:

  1. Open a new account with Public
  2. Deposit as little as $1
  3. Claim your free slice of stock on the home screen of the app

That's it! You can invest as little as $1 and a bit of your time and end up earning $3 to $300 back.

The amount given out is completely random.

According to Public, here are the approximate odds for the prizes:

  • 92% of participants will receive a free slice of stock with a value of $3
  • 4% of participants will receive a free slice of stock with a value of $5
  • 2% of participants will receive a free slice of stock with a value of $10
  • 1.5% of participants will receive a free slice of stock with a value of $50
  • 0.5% of participants will receive a free slice of stock with a value of $300

In terms of what stock you should expect to receive, stocks are chosen from the top 50 most popular stocks on Public.

The market cap of these stocks is at least $10B.

You can read more about the Public free stock promotion here!

5. Acorns - Free $10 Bonus Investment

Acorns Logo

Acorns is one of the most popular micro-savings platforms. It literally lets you turn your spare change into investments.

First of all, what steps have to be completed in order to get the bonus?

  1. Start off by opening an Acorns account via our partner link with Acorns
  2. After opening the account, you have to invest a minimum of $5

If you complete those steps, you will get a $10 bonus kick in towards your investment.

That means for $5, you could end up getting $15 back!

Keep in mind, Acorns does charge fees for using the platform. That is a cost of $3 monthly for an Acorns Personal (taxable brokerage) account. This should be considered before opening an account with Acorns.

You can read more about the Acorns free bonus promotion here!

6. Moomoo - 5 Free Stocks When You Deposit $2,000+

Moomoo Logo

First of all, this current promotion runs until 6/30/22, so you may want to act soon!

Moomoo is another stock trading app that is similar to Webull.

However, Moomoo does not engage in Payment For Order Flow, a key differentiating factor from other brokerages out there.

In order to get all 5 free stocks, there are multiple steps you have to complete. Let's walk through those now.

Open A Moomoo Account (1 Free Stock)

The first thing you have to do is sign up for a Moomoo brokerage account here.

After this step is completed, you will earn a free stock valued between $8 and $2,500.

Deposit Money Into Your Moomoo Account (1 Free Stock)

The next reward is for depositing money into your new Moomoo brokerage account.

In order to earn your 2nd free stock, you just have to deposit any amount of money. 

After this step is completed, you will earn a free stock valued between $8 and $2,500. 

Deposit $2,000 Total Into Moomoo (3 Free Stocks)

In order to earn the last 3 free stocks, you need to deposit a total of $2,000 into your Moomoo account within the promotion period (mentioned above). 

So, for example if you deposited $100 in step 2, you would need to deposit another $1,900 to earn the other free shares.

After this step is completed, you will earn 3 free stocks valued between $8 and $2,500. 

You can read more about the Moomoo free stock promotion here!

best free stock promotions
Article written by Ryan Scribner
Ryan Scribner is a personal finance YouTuber that is approaching 500,000 subscribers on his channel. He has created a thriving business around his passion, which is helping others navigate the complicated world of investing.

Platform Reviews

Power Your Investing

Choosing the right product and service is essential for your investing. Here are some of the tools and services to help your portfolio grow.
Robinhood provides an easy-to-use free trading platform for beginner investors. Robinhood has $0 account minimums. Get a free stock when you open an account below.
Try Robinhood
M1 Finance
M1 Finance offers a free investing platform where users can build portfolios of stocks and ETFs. Users can also choose from a variety of pre-built portfolios offered for free.
Try M1 Finance
Passively invest in private real estate deals with as little as $10. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee.
Try Fundrise
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