Stock FAQs

how to get my free stock from robinhood

by Marvin Ratke IV Published 3 years ago Updated 2 years ago
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  • Download the Robinhood App by clicking on this link from your mobile phone.
  • When the app comes up in your app store, click on “ Get Your Free Stock “
  • After step 2, the install process will begin and the app will ask you for some personal information. Be sure to fill out all of the information asked for. ...
  • When you get to the step that asks you to fund your account, you can add funds by connecting to your bank account, or you can skip that part until ...

Once your stock is ready, we'll send you a notification prompting you to claim your reward. If you forget to tap on the notification, you can claim your reward stock by navigating to Messages to check if you have new claimable stocks under Robinhood Rewards.

Full Answer

What is the best 'free stock' you got from Robinhood?

Dec 01, 2021 · Get Your Free Stock Now. To put it simply, you just need to sign-up and receive your free stock – but we are here to walk you through this process. Step 1: To be eligible for this offer, you must be new to Robinhood. Additional details… If you have an account, you are not eligible for this offer. Creating a second account is not an option (sorry).

Does Robinhood give free stock?

May 01, 2022 · In order to get the free stock from Robinhood, you have to open a new brokerage account and link your bank account. The value of the stock is random, ranging from $3 to $225. However, most people will end up getting a stock with a value of $2.50 to $10 (98% chance of this). You could get lucky and end up with a much more valuable free stock.

What are the best penny stocks to buy on Robinhood?

May 31, 2019 · After you click the link, you’ll be directed to a page that presents you the Robinhood free stock promo and you simply need to click the button that says “Get Your Free Stock”. From there, you will be required to provide some basic information in order to create your account (name, address, SSN, DOB, etc.).

How to get my money back from Robinhood?

How to Invite Friends. Tap the account (person) icon in the bottom right corner. Tap Earn Rewards. Tap Invite friends. Tap Invite next to the friends you want to refer.

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Robinhood Free Stock Promotion

Robinhood’s free stock promotion is simple. Open up a brokerage account using the link below. Then, once your account is approved, you get to scratch off a free stock!

How Does Robinhood Choose Which Free Stock I Get?

Robinhood prioritizes the largest, most popular stocks being bought on its platform to offer to its new clients. Typically, priorities include large market-cap names that have high trading volume.

Best Free Stock Promotions

No. Robinhood only allows one account to be opened per person to restrict abuse of their free stock promotion.

Summary

In a nutshell, Robinhood is currently offering 1 free stock when you open an account and fund it with any amount of money. At the time you receive that stock, it will be worth between $3 and $225 as of the most recent promotion. You are allowed to sell this stock in 2 business days.

Our Referral Program

We think investing is better with friends, so for everyone you invite to join, you’ll both earn a reward stock. As soon as your friend signs up and links their bank account, we’ll credit each of your accounts with a reward stock. Keep in mind: You can receive up to $500 in reward stocks each calendar year, so feel free to spread the word.

How to Claim Your Reward Stock

Once your reward stock is ready, we’ll send you a notification prompting you to claim your reward. If you forget to tap on the notification, you can claim your reward stock by navigating to Messages to check if you have new claimable stocks under Robinhood Rewards.

How We Choose Your Reward Stock

Each stock is chosen randomly from our inventory of settled shares. The value of the share you receive could be anywhere between $3 and $225, and fluctuates based on market movements. Each stock is selected from our inventory based on the total value and price of each share.

Stock Reward Limit

You can receive up to $500 in stocks per year through this program, and the price of each stock you receive will be listed in your Statements & History.

Taxes

Make sure you consult with your tax advisor on how the receipt and sale of stock will impact your own tax situation. The cash value of the stock at the time you claim it may be reported as “Other Income” on a 1099-Misc form, if applicable. Any gains or losses on the sale of the stock are reported as capital gains or losses.

What is Robinhood?

The Robinhood investing app easily allows you to invest in companies you love, ETFs and cryptos, all commission-free.

How Does Robinhood Work?

Robinhood allows users to make free stock trades with $0 transaction fees. I signed up through a friend and received a free stock through the Robinhood Free Stock Promo. It’s totally legit and just by signing up, I got one share of SIRI absolutely free.

Is a Robinhood Free Stock Promotion Worth It?

Life is like a game of chess. You need to know which smart moves to make, especially with your personal finances.

Robinhood Free Stock Promo Details

If you wanted to sign up to get a free stock here is what you have to do to get a free share.

How Does Robinhood Choose Which Free Stock I Get?

To entice new users, Robinhood prioritizes the most well-known stocks bought on its platform to provide to new customers. The typical priorities include large market-cap names with a lot of trading volume.

How Robinhood Promotions Work

Another benefit of Robinhood’s offers is that your referral link is never altered. It’s the same invite link you’ve been giving out for a while.

Best Free Stock Promotions

Currently, Webull offers the opportunity to get a free stock worth between $8 and $1,600 if you open your account and deposit at least $100. You can trade EFTs, stocks and options for free through the Webull app or their site.

Investment strategy - Eggs in one basket?

I just started on Robinhood recently. I have just $100 a month to invest.

Baba delisting possibility

While I believe it won’t happen, in the case it does, what would robinhood due if BABA shares were delisted from the NYSE and can only be bought on Hong Kong exchange?

Question about app mechanics

I sell a 400$ naked call, I see the 400$ cash in my buying power, but why dose my chart not show up that I just went up 400$? I'm curious of the mechanics of it, and this bothers me to no end!

noob question on options, searched and couldnt find an answer OC

When I look at the options screen on a stock some are red and some are green. I assumed this meant they were going up or down but then I saw some go up that stayed red. Why is this?

But for some investors, it might actually be worth it

John has found investing to be more interesting and profitable than collectible trading card games. He seeks growth and value stocks in the U.S., in Germany, and beyond!

Free is free

Robinhood is a pioneer of offering free stuff to investors. It was one of the first brokerages to offer commission-free trading in 2013. Now it's offering "free stock" (well, one free share of stock) to new account holders.

Random isn't random

Microsoft, Visa, and Johnson & Johnson are great companies. When I signed up for my Robinhood account, Johnson & Johnson's shares were trading just under $150/share, and Microsoft and Visa were at about $200/share.

Something isn't nothing

As you probably guessed, I didn't get a $200 share of Visa. Instead, I'm now the proud owner of a share of Helix Energy Solutions Group ( NYSE:HLX). I had to laugh, because Helix is an oilfield services company, an underperforming sector I've been saying investors should avoid. Lucky me!

Nothing isn't something

Robinhood isn't alone in advertising a too-good-to-be-true perk for signing up. Brokers Merrill Lynch and TradeStation both advertise cash rewards for new accounts, of "up to $600" and "up to $5,000," respectively. That sounds much better than a lousy $3.60 share of stock!

The deal isn't bad

Earning 3.6% in two days is better than earning 0.5% in 90 days (Merrill) or 1% in 270 days (TradeStation). And it's certainly better than earning nothing because you don't have thousands of dollars to invest.

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