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 8 best free stock bonus promotions!
Keep on reading, or watch our video below on the topic.
If you transfer an existing brokerage account to Robinhood through December 8th, 2023, you can get an Unlimited 1% Transfer Bonus.
For example, if you transferred a brokerage account worth $50,000 - that would be a bonus of $500.
In addition, Robinhood offers a free stock for new users as well as a 1% IRA match for retirement accounts.
Once your account is set up and linked to your bank account or debit card, you'll receive a specified random dollar amount as a reward.
With this reward, you have the exciting opportunity to pick a gift stock from a list of 20 of America's leading companies. These companies are carefully selected based on their market capitalization within their respective sectors.
You can use this reward to claim a fractional share of a stock.
You can read more about the Robinhood free stock promotion here!
First of all, this promotion runs until 12/31/23, so you may want to act soon before you forget!
All users who open a new account with M1 Finance here are eligible for a bonus depending how much they deposit into their new M1 Invest account.
If you make a deposit within the first two weeks of opening the account, you will get the following bonus (based on the deposit amount):
You don't have to make the deposit all at once. It simply has to happen within the first two weeks, even if you do multiple deposits.
Your bonus will be deposited directly into your M1 Finance account.
You can read more about the M1 Finance free stock promotion here!
Look no further than Webull's free stock promotion, available from November 1, 2023, to November 30, 2023.
During the promotional period, new eligible Webull customers simply need to make an initial deposit of ANY amount into their new Webull brokerage account.
Once the deposit settles, they can claim their free fractional shares. The number of fractional shares you receive is 6 free fractional shares.
The value of these shares ranges from $3 on the low end to $3,000 on the high end.
However, most people will get lower value shares based on the odds.
You can read more about the Webull free stock promotion here!
Acorns has partnered with Investing Simple to offer an exclusive bonus investment of $20.
Keep in mind, Acorns does charge monthly fees starting at $3 a month for using the platform. This should be considered before opening an account with Acorns.
You can read more about the Acorns free bonus promotion here!
This current promotion ends 11/30/2023, so you may want to act soon.
You can read more about the Moomoo free stock promotion here!
You have the power to choose your reward from a selection of designated stocks, ETFs, and crypto assets. These selections are carefully curated from Public Investing's inventory of settled shares.
They include the top 50 most popular stocks on the Public app and crypto assets that meet specific criteria.
First things first, you'll need to sign up for Public, the social investing app. It's a platform that allows you to invest in stocks, ETFs, and even cryptocurrencies.
To be eligible for rewards, you'll need to deposit at least $20 into your brokerage account. This initial deposit sets you on the path to claiming your reward.
Sign up for Public with the button below to get a free reward slice worth $1 to $300!
You can read more about the Public free stock promotion here!
New users in the United States (excluding Hawaii) can participate in the "Spin the Wheel" promotion.
To get in on the action, follow these simple steps:
This promotion is exclusively for new Coinbase users who make their first cryptocurrency purchase on the platform. The rewards are randomized and determined solely by Coinbase, falling within a range of $3 to $200.
Approximately 89% of new users who spin the wheel will receive a reward between $3 and $5, either in USD or Bitcoin.
Around 11% of new users who participate will strike it bigger, receiving a reward between $6 and $200 in USD or Bitcoin.
You can read more about the Coinbase free crypto promotion here!
If you open a new SoFi Active Investing account, you will have a chance of winning a free SoFi Stock Bit worth up to $1,000!
In order to be eligible for the promotion, you have to make a minimum deposit of $10 within 30 days of opening the account.
New SoFi users will be able to move the claw to a certain gift, drop the claw, and win a random dollar amount of stock ranging from $5 to $1,000.
Get 1 Free Stock Worth Up To $200 From Robinhood!
Don't Miss This Opportunity!
Investing Simple readers can claim a free stock from Robinhood worth up to $200 when they open a brokerage account and deposit any amount.
For US Residents only. Investing Simple is affiliated with Robinhood, and we may earn a commission when you sign up for Robinhood.
