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Written by Ben Scribner on September 5, 2023
Category: 
FTC Disclosure: Some of the links on this site are affiliate links. Read our full disclaimer here.

8 Best Free Stock Promotions In September 2023

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!

Best Free Stock Promotions

BrokeragePromotionLink
Robinhood LogoGet 1 Free Fractional Share Worth $5 To $200Download
Webull LogoGet Up To 12 Free Fractional SharesDownload
Moomoo LogoGet 5 Free Stocks When You Deposit $100+Download
Acorns LogoGet A $20 Bonus When You Invest $5+Download

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

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.

  • The cash value you receive will vary, ranging from $5 to $200.
  • It's important to keep in mind that approximately 98% of participants receive rewards valued between $5 and $10.

You can use this reward to claim a fractional share of a stock.

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

2. M1 Finance - $75 To $500 New Account Bonus

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):

  • Deposit $10,000 to $29,999 and get a $75 Bonus
  • Deposit $30,000 to $49,999 and get a $150 Bonus 
  • Deposit $50,000 to $99,999 and get a $250 Bonus
  • Deposit $100,000+ and get a $500 Bonus

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!

3. Webull - Earn Up To 12 Free Fractional Shares

Look no further than Webull's free stock promotion, available from September 1, 2023, to October 10, 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 random, but it will be 6, 10 or 12 fractional shares. 

For example, if you opened a new Webull account during the promotional period and deposited $10, you would randomly receive 6, 10 or 12 of these 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!

4. Acorns - Free $20 Bonus

Acorns Logo

Acorns has partnered with Investing Simple to offer an exclusive bonus investment of $20.

  1. Start off by taking 3 minutes to open an Acorns account via our partner link with Acorns
  2. After opening the account, you have to set up a recurring investment ($5 minimum)
  3. Acorns will deposit your $20 bonus within 10 days of the following month

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!

5. Moomoo - Get Up To 16 Free Stocks

moomoo logo updated

This current promotion ends 9/30/2023, so you may want to act soon.

The number of free stocks you receive is based on how much you deposit into your new Moomoo account:

  • Deposit $100+ and get 5 Free Stocks
  • Deposit $1,000+ and get 15 Free Stocks 
  • Deposit $5,000+ and get 15 Free Stocks + 1 Free Share of TSLA or GOOG

Each free stock received is valued between $2 and $2,000. 

T&C Apply's, check out my link for more info.

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

6. Public - Free $1 To $300 Reward Slice

Public Logo

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!

7. Coinbase - Earn Up To $200 In Bitcoin

Trade cryptocurrency with Coinbase

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:

  1. Create a Coinbase account: Start by signing up for a Coinbase account. It's quick and straightforward.
  2. Complete your first cryptocurrency purchase: Make your inaugural crypto purchase on Coinbase, and you're on your way to spinning the wheel.
  3. Spin the wheel of rewards: Once you've completed your first crypto purchase, you'll be eligible to spin the wheel of rewards.
  4. Receive your reward: Shortly after spinning the wheel, you'll receive a reward in either USD or Bitcoin, directly in your Coinbase portfolio.

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!

8. SoFi - Free Stock Bit Worth $5 To $1,000

SoFi Robo Advisor

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.

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

Article written by Ben Scribner

Read more

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
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
Fundrise
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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Get 1 Free Stock Worth Up To $200 From Robinhood!

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Investing Simple readers can claim a free stock from Robinhood worth up to $200 when they open a brokerage account and deposit any amount.

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