Robinhood free investing app - Free stock worth between $7 to $175. Earn up to $1,500 in free shares per year. Plus, earn 5% AER on your cash
Note: Until 18th June, there is actually a boosted offer where the referrer gets $35 worth of stock when they invite someone and their friend deposits $15.
Robinhood are now available in the UK. They popularised free investing amongst retail (individual) investors a couple of years ago in the United States.
They offer:
- zero commission fees
- zero foreign exchange fees per trade
- 5% interest on cash
- 24 hours trading on weekdays (when the stock market is open)
You get a free share worth between $7 and $175 when you join. Plus, earn up to $1,500 annually in free stocks by referring friends and family. Most people will get about $7 to $8 but it's still free money!
Here's a short guide:
Use the Robinhood referral link - free stock worth $7-$175 each.
Enter your details and complete verification.
Link a bank account and deposit £1.
- If you deposit $15, the referrer is guaranteed $35 worth of stock. If you use my referral link and deposit $15, thank you so much!
‘4. Your account will typically be approved within a few days.
You then have the option to choose your free stock from a handful of companies.
You can sell the free share immediately after you claim it, however, you can only withdraw the money from the app after 30 days.
‘5. Invite friends and family to Robinhood - they earn a free stock up to $175 and you earn up to $1,500 per year!
| Free share value | Probability of reward |
|---|---|
| $7 to $8 | 96% chance |
| $8 to $15 | 2% chance |
| $15 to $25 | 1% chance |
| $25 to $50 | 0.90% chance |
| $50 to $175 | 0.10% chance |
You can choose the free share from many large American companies like Amazon, Apple, Google, Meta, Microsoft, Tesla etc.
Invite friends to stock picking
Free share terms - pick your stock