Do you want to get stocks for free without having to pay anything?
In this post, I will show over 14 apps that give you free stocks when you sign up or meet specific requirements.
Find out how to make the most of these investment opportunities, learn the terms and conditions, and build a stock portfolio without spending money.
Applications That offer Free Shares of Stock
Webull
With its mobile and desktop applications, Webull offers free trades in stocks and ETFs.
In addition to stock trading, it also offers bitcoin trading.
As a Webull account holder, you will enjoy free trading, tools, and market commentaries to help you analyze the market.
Additionally, it allows extended trade time and efficient customer support 24/7.
New customers can receive free stock when they sign up on the platform.
Robinhood
It is free to trade stocks and ETFs on Robinhood, and you can also trade cryptocurrencies.
It is an easy-to-use app and does not require any payments to open an account, nor are there minimum deposit requirements.
With fractional investing, you can also own a small percentage of stock.
It offers a free stock as a sign-up bonus for more individuals to try the service.
SoFi Invest
SoFi offers services of loan refinancing (both student & personal loans) and cash management.
Its investing platform, SoFi Invest, allows users to trade stocks and ETFs.
You can invest in IPOs and even in cryptocurrency.
You’ll get up to $1,000 in stock when you fund a new Active Invest account with at least $10 within 30 days of account opening.
The probability of a customer receiving $1,000 is 0.028%.
Public
Using Public’s app, you can interact with other investors, exchange views with friends, and follow other investing enthusiasts.
Any investor or anyone interested in learning more about investing can take advantage of this platform, as its community forum is so unique that you can always learn something beneficial.
Buying full or fractional stock shares is possible; no minimum deposit is required.
Stash
Besides investing, Stash also offers learning, saving, and banking services.
You can use their interactive tools to learn how to create a diverse portfolio.
You can earn stock instead of rewards with Stash’s debit card.
In addition, if you connect a direct deposit, a $20 bonus will be added to your Stash account.
Moomoo
Investors enjoy Mommoo because it offers commission-free stock trading.
Through it, customers can access live market data (level 2 data, which does not come free of charge), such as stock buying and selling.
To win free stocks with Moomoo, you must carry out the following steps.
1: Register a Moomoo account via a Moomoo sign-up link or on the Moomoo app.
2: Open a brokerage account with Moomoo Financial Inc. through the Moomoo app; upon approval, you can enter to win one free stock worth between $3 and $2,000.
3: Complete a net deposit of $100 during the promotion period.
Then you will get four chances to draw for a free stock worth between $3 – $2,000.
After drawing your free stocks, you must maintain an average asset balance of $100 or more for 60 days to unlock the stores.
Step 4: Complete a net deposit of $1,000 during the promotion period.
Then, you will get ten chances to draw for a free stock worth between $3 – $2,000 each.
After drawing free stocks, you must maintain an average asset balance of $1,000 or more for 60 days to unlock the stores.
Related Reading: Employee Stock Plan – Learn About That Here.
TradeUP
TradeUP allows you to trade stocks, ETFs, and other options.
Investing opportunities are available anytime, anywhere, and the price is reasonable with TradeUP.
New TradeUP users can receive around five free stocks by creating an account.
With your first deposit, you can get four additional stocks for free:
- Signing up gives you $2-$25 free stock.
- The first deposit of $100 provides one free stock.
- The first deposit of $1,000 gives two free stocks.
- The first deposit of $2,500 gives three free stocks.
- The first deposit of $5,000 offers four free stocks.
Bumped
Using Bumped, you can earn fractional shares of stocks depending on your purchases.
You’ll receive free stuff instead of cash back and points in exchange for your purchase.
The Bumped account can be linked to your credit card after you sign up, and you will earn free stock at various businesses and websites with the connected card.
Bumped supports over 1,000 different brands, so a wide variety of stocks can be earned.
And you can also stack your earnings with reward cards and many other cash-back plans.
Groundfloor
Groundfloor is a popular choice for every non-accredited investor.
With as little as $10, you can get started in real estate.
There will be a variety of house flips that you can invest in, and relevant data will be available.
The loan amount expressed as a percentage of the after-repair value (ARV) is also available on Groundfloor.
Instead of stocks, it provides free real estate investment.
To get $10, sign up at Groundfloor and deposit a minimum of $10.
Firstrade
Firstrade is an online brokerage service that lets you buy and sell stocks and other investments without paying fees.
Its research software is why it is popular among investors who prefer advanced trading.
To claim your free stock, please go to the Firstrade website and follow the steps below.
- Login to your Firstrade account.
- Go to Service> Free stock.
- Click the tab ‘My Free Stocks.’
- Click the ‘Claim’ link to get your free stock.
Acorns
Investing with Acorns is automated and saves clients time and money.
In addition to letting you invest your spare change, Acorns also offers educational content.
Their Lite membership has a nominal account management fee (as low as $1 for membership).
If you open a new account, you can use the $5 incentive to cover several months’ charges.
Related Reading: How To Make Your Money Work For You – Learn More Here.
Tastyworks
Thinkorswim co-founders developed Tastyworks as a stock trading application.
Due to its focus on stock trading, the Tastyworks app is a little technical, but who cares (the goal is to get free stocks, lol).
New customers that open and fund a tastyworks account with $2,000 or more in cash or by an account transfer are eligible for the free stock award.
Awarded stocks (usually five) are chosen randomly from a list of stocks priced between $40 and $50 for a total award value of $200 to $250 at the time of purchase.
M1 Finance
M1 Finance is automated software for free investment.
It is 100% free, and you can build your portfolio or select from 80+ expert portfolios.
With M1 Finance, you can buy fractional stock shares of their investment.
Suppose you need more money to purchase a total share of Amazon.
Now with M1 Finance, you can quickly get a fractional share at a lower cost. Simple!
You can receive $30 when you create an account on M1 Finance. Also, you’ll get a $30 bonus if you refer it to your friends.
Nvstr (Now Tornado)
Nvstr is software that offers trading with no minimum.
It helps in efficiently allocating and reallocating your funds.
Simulated trading can also be done through Nvstr, which allows you to practice and learn risk management for your portfolio.
Signing up is free; you’ll get free stocks as a gift.
DiversyFund
DiversyFund allows you to purchase multi-family real estate shares.
Its strategy is to locate the properties that are supposed to be bought for a lower cost than the market.
It gives a $50 bonus to new investors.
Why Do These Companies Give Free Stocks?
Many companies give you free stocks when you create an account on their platform.
Because competition is fierce, every company works hard to attract customers by offering sign-up bonuses or free stock for referring friends.
Hence, this is a way to grow the business.
Related Reading: Robinhood Competitors – Learn More Here.
Final Thoughts – How to get Free Stocks
Besides the options listed above, there are more platforms for getting free stocks, but I have listed the most effective ones.
So, as advanced technology is bringing investments to the next level, no one should miss out on getting free stocks!
Check out all these platforms and take full advantage of signing up!
