Make Money

7 Apps That Give You Free Stock for Signing Up

Free Shares of Stock
Some of the links on our website are sponsored, and we may earn money when you make a purchase or sign-up after clicking. Learn more about how we make money.

Several investing platforms give you free stock for creating an account or making an initial deposit, making them among the best get paid to sign-up websites you’ll find.

Here’s a list of the top free stock offers available today, ranked according to a combination of offer value and ease of earning.

CompanyFree Stock Offer
MoomooUp to 15 free shares, with each share valued between $2 and $2,000.
WebullUp to 75 fractional shares worth between $3 and $3,000 each, depending on how much you deposit.
RobinhoodUp to $200 in free shares with no deposit required.
Stash$20 in free stock for a 1 cent deposit.
SoFiRandom stock valued between $5 and $1,000.
TradeUPUp to $3,600 in free stock with a minimum $100 deposit.
Public$20 in free stock with a $1,000 deposit.

In most cases, the value of the stock you’ll receive is random and falls within a fairly wide range. When testing the below offers, the values we received ranged from $7.77 to $48.12. However, there is a small chance of hitting the jackpot with shares worth hundreds of dollars.

Most of the time, opening a new account is cost-free, risk-free, and only takes a few minutes. But keep in mind that some free stock offers have requirements you need to meet, so it’s important to read the fine print and follow the instructions.

Editor’s note: We update this post regularly to ensure the information is accurate, but free stock promotions change frequently, so read the details when signing up.

The Best Free Stock Offers

The platforms below offer different features. Some provide a simple interface for beginners, while others cater to advanced investors who want to go deeper. There’s nothing wrong with signing up for these services for free stock. If so, sell your shares and transfer the funds to your bank account.

But if you’re investing for the long term, take some time to evaluate how each platform’s features fit with your financial goals.

#1. moomoo

moomoo is a fee-free stock trading app designed for experienced, active investors. It offers advanced analytical and filtering tools across mobile, desktop, and tablet platforms. The app’s current promotion rewards new users with free stocks for making qualifying deposits.

Bonus offer:

  • Deposit $100+: Receive 5 free stocks ($2 to $2,000 each).
  • Deposit $1,000+: Get 10 additional free stocks (15 total).

To qualify:

  1. Open a new account using our referral link.
  2. Complete the registration process.
  3. Deposit at least $100.

Bonus terms:

  • Free stocks appear in your account within 5 days of qualification.
  • Keep your deposit in the account for 60 days. After that, you can sell your free stocks and cash out.
  • If you moved investments from another broker, keep these in your moomoo account for 90 days to keep any related bonuses.

Our experience: In a previous promotion, we received 5 stocks worth $61.53 total, including shares of ContextLogic, GoPro, and Palantir Technologies.

For more information:

Join moomoo

#2. Webull

Webull is a free stock trading platform offering various investment products and advanced research tools typically found at paid brokers. The platform currently rewards new users with free fractional shares for opening and funding an account.

Bonus offer:

  • Deposit $0.01 to $500: Get 3 fractional shares.
  • Deposit $500 to $24,999: Get 30 fractional shares.
  • Deposit $25,000+: Get 75 fractional shares.

To qualify:

  1. Join using our referral link.
  2. Open a new Webull account.
  3. Make your first deposit.

Bonus terms:

  • Each fractional share is randomly selected from NYSE or NASDAQ-listed companies.
  • Share values range from $3 to $3,000 each.
  • You can sell your free stock immediately.
  • Wait 30 days to withdraw the proceeds from Webull.

Our experience: In a previous promotion, we received 4 shares of Investors Bancorp Inc., valued at $48.12 total.

Join Webull

#3. Robinhood

Robinhood is one of the original commission-free trading platforms. It offers easy access to individual stocks, ETFs, and cryptocurrency trading. It also provides optional checking accounts and free IRA accounts. New users can receive fractional shares without making a deposit.

Bonus offer:

  • Get fractional shares worth $5 to $200.
  • No deposit required.
  • 98% of free stock awards are worth $5 to $10.

To qualify:

  1. Sign up through our referral link.
  2. Link a bank account.

Bonus terms:

  • Choose from America’s top 22 companies based on market cap.
  • Wait three trading days to sell your stock.
  • Wait 30 days from the sale to withdraw funds to an external account.

For more information, see Robinhood referral code details.

Sign up for Robinhood

#4. Stash

Stash is a beginner-friendly investment app offering automated investment options, $5 minimums, and a user-friendly experience. The platform charges a $3 monthly fee, which you can cancel at any time. New users can earn a cash bonus for opening and funding an account.

Bonus offer:

  • Get a $20 cash bonus.
  • Use bonus to invest in any stock or ETF.

To qualify:

  1. Sign up through our Stash referral link.
  2. Link an external bank account.
  3. Add at least $0.01 to your Stash Personal Portfolio.

Bonus terms:

  • The $20 bonus must be used for investing on Stash.
  • Cannot withdraw bonus for 90 days.
  • Monthly fees range from $3 to $9.
  • You can cancel at any time without penalties.

Download Stash Invest

#5. SoFi

SoFi Invest offers a range of financial products, including Active Investing, a brokerage account for hands-on investors trading stocks and ETFs. The platform is known for its user-friendly interface and educational resources, making it suitable for beginners.

Bonus Offer:

  • Win free stock worth $5 to $1,000 through a virtual “claw machine” game.

The odds of winning are:

  • $5: 85.488% chance
  • $10: 9.498% chance
  • $25: 3.324% chance
  • $100: 1.662% chance
  • $1,000: 0.028% chance

To qualify:

  1. Open a new SoFi Invest Active Investing account.
  2. Fund it with at least $25 within 30 days.

Bonus terms:

  • Stock is credited to your account within 14 days after meeting the requirements.
  • No specific withdrawal restrictions are mentioned in the terms.

Sign up for SoFi Invest

#6. TradeUp

TradeUp is a stock app designed for active traders. It offers commission-free trading on U.S. stocks, ETFs, and options. The app is known for its mobile-friendly platform and competitive 1.99% flat annual margin interest rate.

Bonus offer:

  • Draw free shares valued up to $1,800.

The number of draws is based on the initial deposit:

  • $100 to $2,500: 2 draws.
  • $2,500.01 to $10,000: 3 draws.
  • $10,000.01 to $100,000: 4 draws.
  • $100,000.01 and more: 5 draws.

The probability of free share values are:

  • $10 to $20: 95% chance
  • $20 to $30: 3% chance
  • $30 to $50: 1% chance
  • $50 to $100: 0.8% chance
  • $1,570: 0.2% chance

To qualify:

  1. Open a TradeUp account.
  2. Fund the account with the minimum deposit.

Bonus terms:

  • Must retain the free shares for at least 90 days from issuance, or…
  • Complete 10 or more trades since account opening.

Sign up for TradeUp (use referral code PAPKSV if prompted).

#7. Public

Public is a commission-free investing platform that combines user-friendly features with a social investing experience. It’s designed to make investing more accessible and engaging for users of all experience levels.

Bonus offer:

  • Get a free stock worth $20.

To qualify:

  1. Sign up using a referral link.
  2. Fund your account with at least $1,000.

Bonus terms:

  • No specific details are provided about selling the free stock or withdrawing funds.

Brokerage Account Cash Bonuses

In this article, we focused on companies that offer free stock shares. But it’s actually more common for companies to offer free cash bonuses. Here is a list of the current best offers.

You can view these offers on our dedicated best cash brokerage promotions page.

Webull2% bonus on transferred assets.
Robinhood1% to 3% matching on IRA/401(k) contributions + 1% Deposit Boost on taxable accounts.
Public$5,000 deposit for a $150 bonus.
TradeStation$500 deposit for a $50 bonus.
tastytrade$2,000 deposit for a $50 bonus.
E*TRADE$1,000 deposit for a $100 bonus.
M1$10,000 deposit for a $75 bonus.
SoFi$1,000 deposit for a $25 bonus (1% bonus for 401(k) rollover)
Charles Schwab$25,000 deposit for a $100 bonus.
Citi Self-Invest$10,000 deposit for a $100 bonus.
J.P. Morgan$5,000 deposit for a $50 bonus.
Citi PWM$50,000 deposit for a $500 bonus.

Keep in mind that these offers change all the time. While we update this page on a regular basis, you’ll need to visit each broker’s website to see their current promotions.

You can see more options in our list of the best brokerage sign-up bonuses.

Frequently Asked Questions About Free Stocks

Here are a few common questions we get asked about how to get free stocks. If you’re wondering about something that wasn’t covered in this article and isn’t listed below, let us know by leaving a comment — we’ll research the answer and add it to this FAQ section.

Why do companies give away free stock?

These promotions are a form of marketing and a way to get a new investor (and their funds) onto a particular stock trading platform. This is not uncommon, as many different types of websites offer sign-up bonuses as an incentive for joining.

Do you have to pay taxes on free stocks?

When you receive a free share of stock, it does count as taxable income — just as if you were given a cash gift. You’ll be required to report the value of the shares (at the time you receive them) to the IRS, and you’ll be taxed on that value.

Note that this income will be taxed at your standard rate, as the gift of a share is not considered a capital gain.

If you decide to sell your free share, and it has increased in value since you received it, you’ll be taxed on that increase — this time at the short-term capital gains rate.

Do you have to provide credit card information to take advantage of these free bonus offers?

We have never encountered a free stock offer that requires you to provide a credit card number. In most cases, you’ll be asked to link a bank account in order to fund your new brokerage account and claim your free stock shares. This is usually done through Plaid, a third-party service that keeps your account information secret during the linking process.

How to Get Free Stocks: Final Thoughts

The earlier you start to invest, the better off you’ll be in the future, as making smart investments is one of the keys to building wealth.

And while I don’t recommend investing a big portion of your funds in individual stocks — 5% to 10% is a reasonable target if you’re interested in the market — many of these platforms offer easy and cheap (or free) ways to put your money in relatively safe products like exchange traded funds. 

If you’re wondering why my limit for investing in individual stocks is so low, it’s because picking stocks is very, very hard. I wrote about why in this post that explains what happened when I bought Tesla shares for $26

But aside from the above considerations, these offers can be a great way to bolster your bank account if you need to make some extra money quickly — even if you’ve already got your investment portfolio on track.

Financial Tips and Deals Every Friday

Join over 10,000 subscribers and stay ahead with personal finance insights, the best deals, and the best money-making opportunities every Friday.

R.J. Weiss
R.J. Weiss, founder of The Ways To Wealth, has been a CERTIFIED FINANCIAL PLANNER™ since 2010. Holding a B.A. in finance and having completed the CFP® certification curriculum at The American College, R.J. combines formal education with a deep commitment to providing unbiased financial insights. Recognized as a trusted authority in the financial realm, his expertise is highlighted in major publications like Business Insider, New York Times, and Forbes.

    2 Comments

    1. Bumped has shut down as of 12/22/2022.

    Leave a reply

    Your email address will not be published. Required fields are marked *

    Read our comment policy.