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Written by Ben Scribner on November 6, 2023
Category: 
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Webull Free Stock 2023: 6 Free Stocks Worth $3 To $3,000 Each!

Are you looking to jump into the world of stock trading without breaking the bank?

Look no further than Webull's free stock promotion, available from November 1, 2023, to November 30, 2023.

Here's everything you need to know to take advantage of this offer.

Keep on reading, or watch our video below on the topic.

Limited Time: Robinhood 1% Transfer Bonus

If you transfer an existing brokerage account to Robinhood through December 8th, 2023, you can get an Unlimited 1% Transfer Bonus.

Robinhood 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.

Best Free Stock Promotions

BrokeragePromotionLink
Robinhood Logo1 Free Fractional Share Worth $5 To $200Claim Bonus
Webull Logo6 Free Fractional Shares When You Deposit $1+Claim Bonus
Moomoo Logo5 Free Stocks When You Deposit $100+Claim Bonus
Acorns Logo$20 Bonus When You Invest $5+Claim Bonus

Webull Free Stock Promotion

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 will receive 6 free fractional shares. 

For example, if you opened a new Webull account during the promotional period and deposited $10, you would receive 6 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.

Share Value Odds

Here are the published odds of receiving shares worth between $3 and $3,000 based on the Webull terms and conditions:

  • 98% Chance of getting a $3 To $10 Share Value
  • 1.97% Chance of getting an $11 To $100 Share Value 
  • 0.02% Chance of getting a $101 To $999 Share Value
  • 0.01% Chance of getting a $1,000 To $3,000 Share Value

Based on this, most people will end up with fractional shares worth between $3 and $10. Some will get shares in the $11 to $100 range.

However, it is very unlikely to get free fractional shares worth $101 or more based on the published odds.

What Stocks Are Included?

The stocks awarded under this promotion are randomly selected from Webull's inventory at the time of the reward claim.

These stocks come from NYSE or NASDAQ-listed companies with a market capitalization of at least $2.0 billion and share prices between $3 and $3,000.

The odds of receiving a specific number of stocks or shares within a price range vary, with higher odds for lower-priced shares.

Final Thoughts

If you sign up for Webull and deposit any amount of money within the promo period, odds are that you will get 6 free fractional shares worth between $3 and $10. 

But even if you simply get 6 free fractional shares worth $3 each, that is still $18 for free. 

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

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!

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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