SoFi has long been known for it’s loan business but lately you should have heard all about their SoFi Money account. It was offering an easy $100 bonus, until it was recently lowered to $25. But they also have SoFi Invest, which is a entry level investing account that has no fees and lets you purchase fractions of stocks. There is also a $100 signup bonus and $100 for every referral. SoFi has brought this offer back, but the funding requirement has been increased from $1,000 to $5,000.
Get $100 worth of your favorite stock to start building your portfolio when you fund your SoFi Invest account with at least $5,000. The bonus comes in the form of a fractional stock.
Plus refer friends and family and earn $100 per referral. There’s a limit of $10,000 in referral bonuses per calendar year for both SoFi Money and SoFi Invest.
More Free Stocks
There’s many similar apps and websites for free stock and options trading. And many of them have similar offers. Here’s a few that I have covered here on the site.
- Moomoo – 2 Free Stocks with $100 Deposit
- WeBull – 2 Free Stocks
- Robinhood – $5 Signup Bonus
- Firstrade – 1 Free Stock
- M1 Finance – $20 Bonus plus $1,000+ with 10 referrals
- Nvstr – $10 Signup Bonus
- Public – $10 in Stocks
- TradeUP – 2 Free Stocks + $50
- Stash – $25 Signup bonus + $50 with Direct Deposit
- Acorns – $5 Bonus plus $200+ with 4 Referrals
SoFi Invest is a good option for those looking to get into trading. There’s no fees and you don’t need to make a big investment to get started. This SoFi Invest bonus is the highest that has been offered, but the funding requirement has been increased to $5,000.
If you are in two player mode, or have even more friends and family members that can apply, then you can do much better. For each extra person you get another $200. That’s a $100 signup bonus and $100 referral bonus.