Due to high competition, many online brokers have reduced their fees over the past few years. To stay relevant, many brokers even offer free stock trading, which is good news for investors.
In addition, many investment apps and platforms have stepped up their game and offer investors free stock shares to draw more active traders to their platforms.
These 13 legitimate investment companies offer bonuses or a free stock program. Score anywhere from $2 to $1,600 in free stocks or bonuses when you sign up to one of the platforms below.
M1 Finance is a Robo-advisor that is an excellent choice for beginners who want to start trading stocks. It allows you to buy and sell stocks without transaction fees. Besides, over 80 experts have created portfolios in which all users can invest.
When you sign up to their platform and fund your new account with $5, you'll receive a $5 cash bonus. Use your bonus to purchase fractional shares of stock to begin your investing journey or accelerate your wealth-growing rate.
Acorns is another app that offers free stock to new users. You will 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.
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.