I know you’re clever enough to ensure your financial security by investing in company shares.
Naturally, you have to drop real money to play this game.
But did you know that you can get your hands on some free stocks? I’ve done it, and you can too.
In this post, you’ll learn how to get free stocks from reliable apps.
You read that right.
Many stock trading apps will provide you with free stocks simply for registering.
Grab these free stock offerings today to increase your investment portfolio!
Now let’s go over the most outstanding stock trading platforms for getting free stock shares.
Webull is a well-known online stock brokerage that provides free stock and ETF trades via its mobile and desktop apps.
Webull, like Robinhood, now offers consumers the ability to trade options and bitcoin.
With a Webull account, you’ll gain access to free trade, a variety of tools, research, and market commentary for in-depth analysis.
You need these aids to assist you in making the best investing decisions.
As a result, many seasoned investors favor Webull for stock trading.
Webull is an excellent alternative for any investor because it’s free to open an account, and there are no minimums.
They also provide extended trade hours and online support 24 hours a day, seven days a week.
Webull’s disadvantage is that they don’t provide fractional shares.
Therefore you’ll have to buy complete shares.
Webull frequently conducts promotions that include a free share of stock plus bonuses with an initial investment, making the platform more appealing.
The platform is currently offering new customers the chance to receive a free stock when they sign up.
Related Reading: Employee Stock Purchase Plan – Find More Here.
While many brokerages are now offering commission-free trades, Robinhood was the first to do so.
You may buy and sell stocks and ETFs for free on Robinhood, but it still differs from its competitors.
How? You can trade options and cryptos.
The Robinhood app has a clean design intended to be straightforward to use.
So it’s an excellent alternative for beginner investors.
There are no associated payments to start an account with Robinhood, and there are no minimum deposits.
In fact, Robinhood was founded with the goal of reducing some of the usual barriers to participating in the market.
These said “fences” historically prohibited many consumers from doing so.
Another fantastic feature is fractional investing, which allows you to purchase a percentage of a particular stock for a modest investment.
With a Robinhood account, you’ll have access to their FDIC-insured cash management service.
You’ll earn interest on your money, use it to pay bills, or invest it when the opportunity arises.
Robinhood gives a free stock as a signing bonus to entice more individuals to try out the service.
Sign up and create an account within 24 hours to receive it.
You’ll get a share of stock worth between $2.50-$200 once your brokerage account is approved.
SoFi offers various financial services, including refinancing student loans, personal loans, and a cash management account.
All of these services have attractive sign-up incentives.
SoFi Invest is their investing platform, offering no-fee stock and cryptocurrency purchases.
You can even purchase fractional stock shares.
Stock prices for companies like Google, Facebook, and Apple are so high.
So being able to buy fractional shares allows you to own a piece of the company without investing large sums.
Plus, when you start a SoFi Invest account and deposit at least $100, you’ll get $25 worth of ANY stock!
Public.com is a well-known investing app with some interesting social aspects.
With its dedicated app, you can follow other investors, exchange insights with your friends, and interact with new individuals on Public.com.
You can also join group chats with other Public.com users and executives from publicly traded firms.
It’s a fantastic platform for anyone who wants to learn more about investing or enjoys interacting with other investors.
Because the Public.com community is so vibrant, there’s always something new to discover.
The utilization of themes by Public.com is another intriguing element.
Themes are simple lists of businesses that share a common interest (for example, female CEOs).
Themes can also help you locate companies you might want to invest in.
Aside from those standout advantages, Public.com also provides commission-free stock, ETF, and cryptocurrency trading.
You can buy complete stock shares or fractional stock shares, and there’s no requirement for a minimum deposit or balance.
For that reason, it’s ideal for beginner investors.
Overall, Public.com is one of the top investment applications because of its user-friendly interface and numerous features and benefits.
Public.com also distinguishes itself by refusing to participate in Payment for Order Flow (PFOF).
They do not sell your deals, and your trades are sent directly to the exchanges.
If you complete the enrollment process, you’ll gain up to $70 in free stock in a company of your choice.
You may also earn free stock if you introduce the app to your friends.
Related Reading: The Best Financial Goals – Click Here To Learn More About The Goals.
Stash isn’t just another investing app.
In addition to investing, Stash allows you to learn, save, and bank.
Stash focuses on delivering instructional resources to assist customers in improving their personal finance game.
They feature interactive tools to assist you in understanding how to develop a diverse portfolio in addition to articles.
Stash offers a debit card that allows you to earn stock rather than rewards on your transactions.
You can start an IRA and choose from curated options or set up automated investments when investing.
Stash is currently providing a $5 investment bonus to new members.
You’ll be eligible if you create an account.
If you connect a direct deposit to your Stash account, you’ll get an additional $20 incentive.
In comparison to other stock trading apps, Moomoo is a relative newbie.
Even though the Moomoo app was only created in 2019, it offers a distinct value proposition.
It already provides what investors want in a trading app: the ability to acquire stocks without paying commissions or fees.
Furthermore, they offer customers the ability to view real-time market data, such as live stock-buying and selling.
This is known as Level 2 data, which is difficult to come by for free.
You get this incentive when you first open your Moomoo account worth $3-$3,500.
You get this incentive when you make a deposit worth $9-$3,500.
You get this incentive when your net deposit reaches $2,000. You have to maintain this amount for 30 days. If you succeed, you earn three more free strokes worth $9-$3,500.
So you see, you have a 100% chance of winning free stocks. Stocks are chosen at random in a lottery drawing. Here are your chances of winning:
On TradeUP by Marsco’s mobile trading platform, you may trade stocks, ETFs, and options.
This platform enables you to take advantage of investing possibilities at any time, from any location, and at a reasonable cost.
For the time being, new users can obtain up to 5 FREE stocks by signing up for a TradeUP account!
Merely by registering a TradeUP account, you’ll receive one free stock.
Then, depending on the size of your first deposit, you’ll receive up to four additional free stocks:
- Opening an account gets you one free stock worth $2-$25.
- Making your initial deposit of at least $100 gets you one more free stock.
- Making your initial deposit of at least $1,000 gets you two more free stocks.
- Making your initial deposit of at least $2,500 gets you three more free stocks.
- Making your initial deposit of at least $5,000 gets you four more free stocks.
The free stocks up for grabs are worth around $15 to $1,000.
Related Reading: How To Get Free Money On Cash App – Click Here To Learn More.
Bumped is a free app that lets you earn fractional stock shares based on your purchases.
It operates similarly to cashback apps like Drop or Dosh.
However, you’ll receive free stuff instead of receiving cash back or points on your purchases.
It’s risk-free investing.
You’ll link your Bumped account to your credit card after you’ve created it.
You can earn free stock by making purchases with a connected card at various businesses and websites.
You can select the stocks or funds you want to receive as rewards.
Bumped works with over 1,000 different brands, allowing you to earn a variety of different stocks.
It only takes a few minutes to set up Bumped, and you’ll start earning stock from your purchases in no time.
Best of all, you can stack the earnings by using it in conjunction with rewards cards and other cashback programs.
You’ll choose your affiliations in each area when you create your free account and attach your credit cards.
Sit back and profit from your purchases in fractional shares.
You may also use the mobile app to make purchases and get stock rewards from even more brands.
For non-accredited investors, Groundfloor is one of the most popular real estate crowdfunding platforms.
It’s a fantastic alternative for new investors who are willing to take on some risk.
You can start dabbling in real estate with as little as $10 and receive a $10 bonus.
You’ll have the choice of investing in a number of house flips, and you’ll be able to see relevant data.
You can check the loan amount and the interest rate you’ll earn.
The breadth of the loan as a percentage of the after-repair value (ARV) and loan location are also available.
It’s pretty straightforward to get started with Groundfloor, depending on your investments.
You can earn an average of 11%.
Instead of stock, you’ll get a free investment in real estate with Groundfloor.
To qualify for the $10 bonus, simply open a Groundfloor account through this link and invest at least $10.
Firstrade is a commission-free online brokerage service that offers thousands of mutual funds, ETFs, and options.
The research tools accessible through Firstrade will appeal to advanced traders.
Firstrade is a little different from the rest of the trading apps on this list.
You must refer friends in order to receive free stock.
You’ll get free stock for introducing your friends to the app; they’ll also get free stock.
Acorns is an automated investment program that helps clients build a nest egg while saving them time.
The Acorns app will invest your spare change for you and deliver educational content.
The service also gives you cash back when you spend at chosen stores.
It’s great for passive investors and folks who have trouble saving.
There is a nominal account management cost (as low as $1 for their Lite membership).
The $5 new account incentive can be used to assist cover the fees for several months.
Although, that isn’t the most exciting aspect.
Throughout the year, Acorns will run numerous campaigns in which you can earn ludicrous amounts of money by referring other folks.
If you introduce three friends to the Acorns app right now, you’ll get a $500 bonus.
They also gave a $1,000 reward for referring four friends earlier this year!
Related Reading: Is Acorns Worth It – Click Here To Find Out.
Tastyworks is a stock trading program developed by the co-founders of thinkorswim.
It’s a trading platform they sold to TD Ameritrade for $606 million in 2009.
Because the tastyworks app is geared toward stock options traders, it’s a little technical and tough to navigate.
But let’s get real here: if you’re reading this, you don’t care about the app’s appearance. You want free stocks!
One week after depositing $2,000, you’ll receive the 100 free stocks.
Right from the day you receive the free stocks, the funds must stay in your account for at least three months.
You also don’t have to put down $2,000 to get started.
If you don’t feel comfortable investing the funds, simply leave them in your account for at least three months.
You’ll still get to keep the free stocks.
M1 Finance provides automated investment for free.
It has some of the same characteristics and functions as a Robo-adviser, but with some distinctions.
To begin with, unlike most Robo-advisors, M1 Finance is entirely free.
You can choose individual assets for your own portfolio or choose from over 80 expert investing portfolios.
These open you up to provide a wide range of investment options.
M1 Finance also allows you to purchase fractional shares of any of their investments.
Let’s assume you want to invest in Amazon but don’t have enough money to buy a full share.
There’s no need to pout because you can buy a fractional share for a lesser price.
M1 Finance makes investing easy for people of all skill levels.
You merely have to deposit money, and M1 Finance will invest it for you, depending on your preferences and decisions.
M1 Finance will handle automatic rebalancing to keep your assets in line with your target asset allocation.
You’ll get a $30 incentive when you sign up for M1 Finance, which will be invested according to your choices. In addition, you can earn $30 for each friend you bring in.
Nvstr (Now Tornado)
Nvstr is a platform that promotes community wisdom and allows traders to trade with no minimum.
You can get insights from prominent investors and collaborate with the individuals you trust for investment advice through Nvstr.
You may allocate your investment portfolio with a single click using Nvstr.
The system is based on Nobel Prize-winning research and aids in your portfolio’s efficient allocation and reallocation.
Nvstr also includes simulated trading, which allows you to practice and learn without risking your money.
For this reason, Nvstr is one of the finest apps for beginners.
Opening an account with Nvstr is entirely free, and you’ll be eligible for the welcome bonus.
By bringing in your friends, you’ll qualify for more stocks!
When you sign up for a free account on Nvstr, you’ll be given a free bonus (up to $1,000) at random.
If you make a trade before two months are up, the bonus will be credited to your account. You won’t be able to liquidate the bonus for 12 months.
But owing to your investments, the bonus’s worth may improve during that period.
DiversyFund is another real estate crowdfunding platform with an enticing bonus.
Not only can you obtain the incentive, but DiversyFund also allows you to buy shares of multi-family real estate.
DiversyFund finds the investments and takes care of the rest, so all you have to do is invest.
Their strategy includes locating properties that can be purchased for less than market value and upgraded.
DiversyFund is in charge of all of the property’s improvements and maintenance, with the goal of selling within five years.
DiversyFund is giving new investors a $50 incentive (Amazon gift card) for a limited time.
You’ll need to deposit at least $500 and enter the promo code “Diversy50” to be eligible.
Related Reading: 7 Robinhood Competitors – Read The Full Post Here.
Why Are These Companies Giving Away Free Stocks?
It’s a fiercely competitive industry, and firms must compete for your patronage.
Remember, we come out as victors when companies fight over consumers.
As illustrated above, many legitimate investment companies will provide you free stock in exchange for signing up for an account.
You’ll also get incentives to deposit money into your new account or invite friends and relatives to open an account.
The free stocks are written off as a customer acquisition cost for them.
For us, it’s a straightforward way to get our feet in the door with some free stock at no cost to you.
Investing in the stock market used to be a privilege reserved for the wealthy.
It was primarily done over the phone in the 1980s and 1990s.
You had a go-to financial advisor that you call and say how many shares of whatever firm you wanted to buy.
He’s left to handle the transaction.
It took a long time and a lot of money to fund. But those days are long gone, thanks to the internet.
Now that the industry is booming because of modern technology, it’s time to take advantage of these free stock opportunities.
We don’t have to be advanced investors to fulfill our investment objectives or be in the loop with market conditions.