Are you looking forward to starting your investment journey with free stocks or without any financial commitment? If yes, Robinhood-free stocks will help you do that.
Robinhood free stocks promotion lets beginners dive into the world of investments at no cost. Robinhood offers free stock values between $5 and $200 as part of its promotional activities. Isn’t it amazing?
You can even get many free stocks from different brokers just by signing the platform and following the qualifying steps.
In this blog post, we will discuss how to get free Robinhood stock, Robinhood offers, the process to claim free stocks on Robinhood, and the best free Robinhood stock to pick. Let’s dive right in and understand the whole process.
How To Get Free Stocks On Robinhood?
To get free stocks on Robinhood, you need to open a Robinhood account using this link. And following the below activities:
- Go to Robinhood’s official referral site (or click here) and create an account. While opening a Robinhood account, ensure you meet the criteria below to qualify for it.
- You must be a US citizen,
- Permanent residents of the US Or
- those who have a US visa qualify for Robinhood free stock offer.
- Enter your email address, and create a password.
- Enter your name, address, and contact details.
- Confirm your social security number, and review your application.
- Tap submit.
If you are a non-US citizen and want to get free Robinhood stock, you need to search for information on free share bonuses in the UK, Canada, Australia, and Europe.
If you satisfy all three criteria and open your Robinhood account using our link (above), you will receive Robinhood free stock valued from $5 to $200.
Important points to consider
The free Robinhood stock valued from $5 -$200 will be the fractional shares from your chosen company with a similar value. Let’s check out what you got:
- 98% chance of getting fractional shares valued between $5 -$10.
- 1% chance of getting fractional shares worth $10 to $20.
- There is a 1% chance of getting a mix of fractional shares valued between $20 and $200.
Robinhood Free Stock Promotion Details
When you successfully sign up for Robinhood using the referral code and link your bank account, you get a Robinhood stock worth between $5 and $200. By the way, your chance to earn from Robinhood doesn’t stop here. If you prefer Robinhood to your friend, you can snag another stock of shares. You will be eligible to get $500 free stock on Robinhood.
But keep in mind that when it comes to earning Robinhood stocks via referral, there is a limit of $1500 per household per year. Once you cross the limit of $1500, Robinhood will stop sending you gifts of free stocks.
To grab this deal of free stock from Robinhood, you must wait 60 days to get your free stock pop-up in your account.
Keep an eye on the notification or check the history within 60 days to claim free Robinhood stock.
And if you want to sell that stock, you have to wait for three trading days. Keep in mind that you have to keep the cash value in your account for at least the period of 30 days.
How To Sell Free Robinhood Stock?
Once you claim Free Robinhood stock, you can sell it in three trading days. After selling your stocks, you can use the proceeds to invest in other stocks per your preferences.
Follow the below steps to sell your free
- Login and Select the stock you want to sell (here you need to select the free one)
- You need to wait for a Robinhood account for a minimum of 30 days from the date of the stock claim.
- Now you can transfer money from a brokerage account to a personal account. For that you need to connect your accounts.
If you want to get cash from your stock earnings, you have to follow the procedure:
To get the cash from Robinhood gift stock, you need to keep the cash value in your Robinhood account for a minimum of 30 days from the date of the stock claim.
After 30 days, you can withdraw your proceeds. One thing that you need to keep in mind is that each person is eligible for only one Robinhood account, so all in all, you will get only one free Robinhood stock.
Robinhood Free Stock List
If you are looking for free stocks from Robinhood and are considering which Robinhood free stock to pick, this list will be very helpful.
- Apple (AAPL)
- Microsoft (MSFT)
- Amazon (AMZN)
- Disney (DIS)
- Facebook (FB)
- Visa (V)
- Applied Materials (AMAT)
- Alphabet Inc. Class A (GOOGLE)
- Tesla (TSLA)
- Comcast (CMCSA)
- Nike (NKE)
- Eli Lilly (LLY)
- Honeywell International (HON)
- Berkshire Hathaway Inc. (BRK.B)
- Johnson & Johnson (JNJ)
- Walmart (WMT)
- NVidia Corp. (NVDA)
- General Motors (GM)
- Procter & Gamble (PG)
Is Robinhood Free Stock Worth It?
As per my concern and my experience with Robinhood, the value of free stock depends on how you perceive it. You must grab this free stock opportunity if you are new to your investment journey. As you would not lose any money and so your confidence.
Overall, Robinhood free stock will be your practical tool for learning the investing game and generating passive income for yourself. The only requirement you have to fulfill is to fund your account to unlock the free stock.
If you consider the other side of the coin (you are an advanced investor), you must know there is a 98% chance of you getting a free stock ranging from $3 to $10. And there is a 1% chance of hitting a jackpot of $200.
Now, it all depends upon your requirements. You must think accordingly.
Conclusion
Robinhood’s free stock offers and promotions are the best way to enter the investment world. With zero experience in the market and zero investment in hand, Robinhood allows you to effortlessly set your money in motion and get both the earnings and experience you are looking for.
The user-friendly interface of the Robinhood app also makes you feel positive when it comes to investing. You can easily learn the process of investing without any financial commitments.
Overall, it’s good and worth considering. Open your Robinhood account today and get your free Robinhood stocks with $5 – $200.
