Do you want to know how to get free stocks? Today you’ll learn 13 ways to get free shares right now and start your investing journey.
A lot of people wait years before they start investing. It’s either they don’t have enough money to invest, no knowledge about investing, or they simply have no idea what to invest in. We don’t want to wait years and years to start investing because the earlier you start, the more money you typically end up with.
That’s why we’re introducing ways to get free shares. It’s a great way to start investing, grow your portfolio, or build your wealth for the long term.
How To Get Free Stocks
In the last couple of years, online brokers keep reducing their fees because of the high competition. They want to stay relevant. Today, many brokers even offer free trading, which is excellent news for investors.
A couple of stockbrokers have stepped up their game and are now offering free stocks to their investors to get more people to trade on their platform. There’s even better news; companies are giving away free bonus stocks to new investors.
All brokers have their own rules of when you will be eligible for free stock. You may only have to open an account, make a deposit, or make a trade. It’s a quick way to make extra money, and it can add up quickly.
Here are 13 trading platforms you can use to get free stocks.
14 Ways To Get Free Stocks
When you want to start investing, start with one of these platforms. You can get between $2 and $1,600 in free stocks or bonuses when you sign up to one of the platforms below.
1. Stash Invest
Stash is a bank and micro-investing platform, which means you can buy parts of shares and start investing from just $5. You can begin by buying stocks, ETF trading, or getting index funds. Besides that, they also offer educational tools that teach you how to build a diversified portfolio.
Another great feature of Stash is that they offer a debit card. With that debit card, you can earn online stock when you spend money instead of cashback. It’s a great way to start your investing journey without much upfront capital.
When you sign up to their platform and fund your account with $5, you receive a $5 signup bonus. Use that $5 bonus to start your investing journey or accelerate your wealth-growing rate. It may not seem like much, but it’s better to start investing today and see your portfolio growing over time.
Public.com is the investing social network where members can own fractional shares of stocks and ETFs, follow popular creators, and share ideas within a community of investors. Public.com makes the stock market an inclusive and educational place
Two Ways to Earn Free Slice of Stock
- Earn a free slice of stock when you sign up and are approved (no deposit minimum required!). Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/.
- Public rewards its members for helping their friends start their investing journey. If you share your referral link and your friend successfully opens an account, both you and your friend will receive a free slice of stock.
Stockpile is one of the most popular stock gifting apps out there. You can give someone stocks through Stockpile, and you can redeem gifts that others have given you. Instead of giving someone a gift card, you could give them stocks. That’s an entire love language in and of itself.
On top of that, Stockpile gifts every new investor $5 of your favorite stocks. Stocks included are Tesla, Disney, Amazon, and more. All you need to do is sign up with Stockpile, and you will get your $5 in free stock in your account.
When you have a Stockpile account, you can invite your friends and family to sign up as well. You will get $5 in your PayPal account, and the person you referred will get their $5 in free stock.
4. M1 Finance
M1 Finance is a robo-advisor that is an excellent choice for beginners if you want to start trading stocks. It allows you to buy and sell stocks without a transaction fee. Besides, over 80 experts have created portfolios that all users can invest in. You can deposit money and let M1 Finance do the work, including the rebalancing. That’s free automated investing!
M1 Finance also lets you invest in ETFs, REITs, and individual stocks. They offer fractional shares, which means that you can buy a piece of a share rather than pay for one entire share. For example, Google stock is valued at $2,200 now. If you want to buy one share, you have to invest $2,200. With M1 Finance, you can just invest $100 in Google and have a small part of one share.
If you want to invest in a robo-advisor that allows you to invest at a low cost, M1 Finance is for you. It’s an online brokerage firm that can help you diversify your investments, and we all know how important diversification is.
M1 Finance currently has a referral program, where you get a $30 signup bonus. When you have an account, you can refer new users, and you will both get $30 when they sign up and fund their account.
5. SoFi Invest
SoFi is a big investing platform that offers many services, including investing. If you want a platform to trade stocks, ETFs, and cryptocurrencies, this is the place for you. They offer active trading but don’t offer to invest in mutual funds or options trading.
Trading ETFs is free of commissions. When you sign up for their platform, you just need to have $1 to start investing!
Download the SoFi app, open an Active Invest account, and get a free stock valued up to $1,000.
Acorns is another app that gives a free stock offer if you sign up with their platform. You get up to $5 added to your account when you sign up for Acorns. Acorns charges you $1 per month to use their service, so use that $5 toward their $1 monthly fee.
In addition, you can earn more when you spend with specific partners. For example, you will get $0.50 every time you use Uber, or $0.03 for every dollar spent on Amazon, or $75 when you buy a mattress at Casper.
It’s a great way to get bonuses on things you would buy anyway and start building long-term wealth along the way.
Acorns is a micro-investing app that rounds your purchases up to the nearest dollar and invests the rest for you. It’s a way to start with the stock market investing on a smaller scale without noticing it. Over time, that dollar here and a dollar there will add up.
Public is an online brokerage where you can trade stock without commissions. They offer investments in fractional shares, starting at $5. That means you can put any amount from $5 into legitimate companies with expensive stocks like Netflix, Amazon, or Google. You don’t need a lot of money to start investing!
Trading in the popular ETF provider Vanguard is also without commission, as are other investing companies.
Public has a social component to it as well, where you can follow other investors and connect with them on the platform.
You can claim your free share, valued up to $20, by signing up for a new account. After your account is approved, your free stock shows in your portfolio immediately.
Groundfloor is an online investment platform that offers crowdfunding, where you can invest in short-term real estate investments. With these investments, you provide capital to real estate investors that are renovating and renting out properties.
Groundfloor currently has a promotion running that gives you $10 when you sign up through a referral link. When you’re signed up, you get your own referral bonus link, and you both get $10 for every user you refer.
You can use the money to invest in more real estate projects to grow your wealth even faster.
Nvstr is an investing platform that is for the more active traders among us. With their current subscription model, you get 25 trades for $4.99 per month. That’s only $0.20 a trade, which is a pretty low cost. When you are more of an active trader, this is one of the best discount brokers you could use.
When you want to do day-trading and use more than 25 trades per month, they will charge you $4.50 for every transaction above 25. That’s why most stick to their subscription trades.
With Nvstr, you can invest and optimize your portfolio in one click.
Nvstr offers a cash bonus when you open a brokerage account on their platform. When you open an account and get accepted, your account gets funded with a random amount between $10-$1,000. However, you need to place a trade within one month to keep your reward, and you can withdraw the money after the first year.
Moomoo is a trading app for both investing beginners and investing experts. They don’t charge any commissions, no minimum deposits, and provide tools like pre-and post-market stock trading.
When you sign up for their platform, you will get free stocks when you fund your account. When you fund your account with $100, you will get a free stock valued between $4 and $200. When you deposit at least $1,500 to your account, you will get another free stock valued between $10 and $1,000.
Dough is a simple and low-cost online broker that offers commission-free trades and no minimums to open an account. They offer their services only through an app, and the platform is intuitive and easy to understand. If you enjoy mobile trading, this is the best online option for you.
When you sign up to Dough through a referral link from an existing Dough customer, you will get a free share valued at $2-$200. If you want to cash out, you first need to deposit $25 in your account.
Webull is a great platform that you can use to earn free stock. With Webull, you can invest in stocks free of commission.
They currently have an offer for free stocks when you sign up on their platform:
- You get free stocks valued between $2.50 and $250 when you decide to create a free account through a referral link and get approved.
- When you fund your account with $100 or more, you will get another free stock valued between $8 and $1,600. It includes stocks like Google, Facebook, and Starbucks.
When your account is active, you get your own referral link to the platform, and you can start inviting your friends and family to open an account. Both the person who you refer and you will get free stocks when they sign up.
The offers on the Webull platform change from time to time, so make sure to check their website before you sign up to see what the current deal is.
13. TD Ameritrade
TD Ameritrade is a big brokerage platform offering free stock trades to buy or sell stocks at a lower price. At the moment, TD Ameritrade is offering great signup bonuses.
When you sign up for a new account before June 30, 2021, and deposit cash, you will get:
- $350 bonus when you deposit at least $250,000
- $700 bonus when you deposit at least $500,000
- $1,500 bonus when you deposit at least $1,000,000
- $2,500 bonus when you deposit at least $2,000,000
Robinhood is among the best investing apps for beginners. If you’re a novice, this is the place to start. It’s one of the first apps that started commission-free trades. While they got less popular after the Gamestop situation, they are still a solid online trading platform that offers a free share when you sign up.
If you sign up with Robinhood, you will get a free stock added valued between $3-$225 to your account. It includes shares of Apple, Microsoft, Ford, Groupon, JPMorgan, and more. It’s a great way to start or continue your investing journey and to start building long-term wealth.
The only condition is that you need to link your bank account. Read their full terms here and receive a free stock valued up to $225.
After you’ve signed up to the platform, you can refer users, and you will both get a free stock.
If you’re new to investing, Robinhood is an intuitive app that is great for beginners. It has plenty of options, and you can buy stocks, exchange-traded funds (ETFs), purchase fractional shares and cryptocurrencies.
You can also buy investment options and invest in options contracts. However, with options trading, you need to know what you’re doing, as it’s often on margin, and market volatility can influence your results heavily.
Conclusion – How To Get Free Stocks
Now that you know 13 stock trading platforms that will provide you with free stocks, there is no stopping you from jumping into stock trading.
Extra sources of income are a way to be less dependent on only one source of money coming in, be it your job or business. Sign up for these platforms, get your free stocks, and start building long-term wealth.