Earn Free Stocks With These Trading Platforms

/ May 11, 2021

Earn Free Stocks

Earn Free Stocks

Investing should be a part of your portfolio and nowadays getting into it is not as scary as it used to be. This is no longer a business just for men in suits down in Wall Street, who manage million dollar funds. Banks and fintechs have made it easy for everyone to get into investing with very little money. Free trading is now the norm, and many platforms also offer stock bits, which means that you can just buy $1 worth of stock. Even if that stock is priced at $1,000. While making investing easy, these platforms are also giving out free stocks to attracts customers in a crowded field.

In this article I will list all the companies giving away free stock. Bonuses change from time to time and the value of free stocks is usually anywhere from $5 to $1,000. These are accounts that I have myself, and I even use them to trade beyond just the signup bonus.

Here’s a list of Investing platforms and Stock Apps

Continue below to find more details about each app and how to earn free shares of stock and cash from each one.

TradeStation

TradeStation is a platform for more advanced and active traders. It was originally aimed at professionals only, but now there’s a free version as well and it has no minimum investment either. TS GO will be the better option for beginners.

Sign Up for TradeStation

This is a more advanced platform, but some of the options only come with the paid version. Still the TD Go app is good enough and has no fees.

SoFi Invest

SoFi invest is part of SoFi, which also offers banking services and crypto. I have covered this offer in the past. You get $50 worth of your favorite stock to start building your portfolio when you fund your SoFi Invest account with at least $1,000.

Sign Up for SoFi Invest

I like the interface for SoFi Invest. It’s one of the better apps in my opinion, but I do not use it for active trading. The bonus take about one week to post.

Moomoo

Moomoo is a free trading app lets you buy stocks, options, ADRs and ETFs with no commission fees. It also includes pre-market and post-market trading for free, and there is no minimum deposit requirement. The Moomoo app is offering 5 free stock when you sign up.

Sign Up for Moomoo

Moomoo is a good app for beginners and now for more advanced users as well with added capabilities. I’m not a huge fan of the interface, but it’s not that difficult to navigate once you get used to it. The free shares of stock that you earn, take a couple of days to post to your account.

WeBull Free Stock

WeBull is another free trading app, that can easily earn you four stocks. Open a new account and upon approval you’ll be able to claim 6 free stocks valued $3 to $2,000.

Sign Up for WeBull

Another good app for beginners. It offers one of the best bonuses with two free stocks with any deposit, and a higher maximum value than others. The bonus takes a couple of days to post to your account. I have received stocks valued up to $45. WeBull also offers promotions for referral, where sometimes you can earn as much as 11 free stocks for inviting two people.

tastyworks

Tastyworks is another free trading app, that offers the biggest bonus. You can get a 100 free stocks. You get 100 Shares if you fund your new tastyworks account with $2000. Funds must remain in the account for a minimum of three months starting the day shares deposited into account. Offer valid until 6/30/2021.

Another good app for beginners. It offers one of the best bonuses with two free stocks with any deposit, and a higher maximum value than others. The bonus takes a couple of days to post to your account. I have received stocks valued up to $45.

Robinhood Free Stock

Robinhood is one of the better known applications for free trading. They recently started offering stock bits and a cash management account with 1.80 APY. You get one free stock when you sign up, valued up to $1,000.

Sign Up for Robinhood

Robinhood has more advanced features than others listed here, so it could be the better option if you are looking to actively trade. With Robinhood Gold you also get Level 2 market data and research. I use Robinhood daily myself, mostly on their website which is a great option for those who are on the computer during the day. But they also have a well designed app.

Firstrade

Firstrade is offering a free stock when you sign up for a new account. You don’t need to fund the account in order to get the stock. This is a free trading platform with limitations. But the signup process is quick and easy and looks like there’s a good chance you will receive a big stock.

Sign Up for Firstrade

I got an Uber share valued at $30 when I signed up. Then out of a few referrals I have received there was an Apple stock valued at over $300, and another Uber and AMD share ($46). Much better than what I have seen with other apps. It is not a guarantee however that you will get the same thing.

M1 Finance

M1 Finance is a free automated investing platform. This app offers a combination of automated investing, but with a high level of customization that allows clients to create a portfolio tailored to their specifications.

Sign Up for M1

M1 Finance has no trading fees or asset management fees. But, accounts with less than $20 and no trading activity for 90 days are charged a monthly fee. Portfolios with ETFs can incur management fees on the underlying funds that range from 0.06% to 0.20%. They have a website and an app.

Tornado

Tornado (formerly Nvstr) is another trading platform, but not a free one. It does offer some cool social features that make it easier to stay connected and informed, and a sign up bonus. But I’m not a big fan of paid investing apps.

Sign Up for Nvstr

I received a $12 stock and $15 in cash when I signed up. Keep in mind that funds cannot be withdrawn for 1 year, and you must place a trade within 1 month.

  • Tornado Bonus: Guaranteed $10 bonus, and chance to earn $20 to $1,000
  • Bonus Link
  • Expiration: None

Public

This is a free trading platform better suited for beginners. But it also offers 2.5% APY interest on uninvested cash, which is a great rate. Public is similar to other free-trading apps, but it comes with a twist, social interactivity. Users can see what their friends and other popular users are buying and selling, to get an idea of which stocks are popular. Doing research or consulting a financial adviser is probably a better idea though. Instead of a random stock, you get $10 worth that you can invest on a stock you want. You don’t need to fund the account.

Sign Up for Public

Public is SIPC insured against brokerage failure. Securities in member’s accounts are protected up to $500,000, including up to $250,000 in cash.

TradeUP

TradeUP is a commission-free stock trading app tailored for both first-time investors and experienced traders. It officially launched on Jan. 3, 2020 and provides a fast and cost-efficient avenue to invest in US stocks, ETFs and options.

Sign Up for TradeUP

Normally you earn two free stock when you sign up for TradeUp, but the signup bonus has been improved to a total of 5 free stocks. You get $20 when you first open your account, and then up to a Free Amazon stock depending on how much you deposit.

Stash Invest

Stash is an investing platform that makes it easy for beginners to get started in the stock market. You need a minimum of just $5 to start investing. There’s a fee of $1 per month, or 0.25% per year on accounts over $5,000.

If you sign up through a referral link, you will make $5 for depositing $5. But there is a better signup offer of $25 from Swagbucks. Just search for 'stash' on Swagbucks. Deposit just $5 into your new investment account and Stash will match your $5. Plus, earn 2,000 SB! That’s a total of $25. Then Direct deposit at least $300 in a 30 day period into your Stash banking account to get another $50.

Acorns

Acorns is a free automated investing platform. It also has an additional feature called Acorns Spend, that work like a shopping portal. The cashback you earn is directly invested in your account. You can also link your bank account and credit cards, and it will round-up daily purchases and automatically invest the ‘change’ into a diversified portfolio of ETFs. The account has a $1 monthly fee

Sign Up for Acorns

The signup bonus is only $5. But they have referral offers monthly that can earn you $250 to $1,000 by referring 4 to 10 friends. The offers change each month. They have a website and an app.

Gurus’ Wrap-up

I have signed up for all these apps just to get the free stock offered as part of the signup bonus. But if you decide to sign up as well, make sure to keep track of all the accounts that you have, so you don’t forget them. Then you can check out each one and decide for yourself which one to use for active trading. As I mentioned above, I use Robinhood myself. I have taken a quick look at the other platforms and decided to stay with Robinhood. But that doesn’t mean that it is the best fit for everyone.

Point.me

Let me know if you use these platforms or others. Also please tell me about any other free trading apps or companies giving away free stock, or similar bonuses.

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