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Written by Matthew Cerminaro on June 5, 2023
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Robinhood Free Stock 2023: Earn Up To $200!

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. 

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!

Best Free Stock Promotions

BrokeragePromotionLink
Robinhood Logo1 Free Fractional Share Worth $5 To $200, 18 Companies To Choose FromDownload
Webull LogoWin Up To 12 Free Stocks Worth Up To $3,000 EachDownload
M1 Finance Robo Advisor$10 Bonus (When You Deposit $100+)Download
Moomoo LogoWin Up To 5 Free Stocks Worth $3 To $2,000 EachDownload
Acorns LogoFree $10 Bonus When You Invest $5+Download

Robinhood Free Stock Promotion

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. 

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 $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:

  • 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. 

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. 

If you are looking for other promotions, check out our list of the best free stock promotions here, updated monthly!

Article written by Matthew Cerminaro
Matt is currently attending Union College pursuing a Bachelor of Arts in Economics. He participates in the student investment fund and is a member of the Union College football team. Matt runs his own personal finance Instagram page and market-related blog where he writes about economics and general wealth accumulation tips.

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!

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.

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