Robinhood is known as the financial app that kicked off the commission free trading revolution.
It is still one of the most popular and beginner friendly investing platforms available today.
If you don't already have a Robinhood account, which is a bit surprising at this point, you are in luck!
Robinhood offers new users a completely free stock worth between $5 and $200.Â
Sign up with the above button to get your free share today!
If you want to learn more about the details of the Robinhood free stock promotion, keep reading or check out our video below!
First of all, how does the freebie work?
In order to get the free stock from Robinhood, you have to open a new brokerage account and link your bank account.Â
The value of the stock is random, ranging from $5 to $200.Â
However, most people will end up getting a stock with a value of $5 to $10 (98% chance of this).
You could get lucky and end up with a much more valuable free stock.
Here's the odds:
Once the stock hits your account, you will be able to keep it forever or you can sell it after 2 trading days.Â
The shares are chosen randomly from their inventory of settled shares. Share value can fluctuate based on market movements, so that should be considered as well.
Robinhood chooses stocks that are among the most popular owned by Robinhood users to give out. Since it is a totally random system, you and your friend are unlikely to get the same stock.
Each person is only eligible to open 1 Robinhood account, so you are only able to earn 1 free stock.Â
If you are looking for other promotions, check out our list of the best free stock promotions here, updated monthly!