15 Legit Ways to Get Free Stocks: Earn Shares of Your Favorite Companies

What could be better than owning stock in growing companies and increasing your net worth? How about getting those stocks for free!

As crazy as it sounds, there are actually several different ways you can get free stocks. A number of companies and investment apps are giving away shares of stock in order to get people to try their services, and that means you can load up on these freebies with minimal effort.

In this article, we’ll take a look at how to get free stocks, which you can hold for the long term or sell for a profit.

How to Get Free Stock

Let’s take a detailed look at the best offers available. Many of these offers involve a free bonus when you sign up or create an account. Some require you to deposit a specific amount to qualify. If you take advantage of multiple offers, the rewards can really add up. Please keep in mind that these offers can change quickly. We try to keep this page updated, but details may change.

1. Public.com

Public.com is a popular investing app that includes some unique social features. With the Public.com app, you can follow other investors, share insights with your friends, and connect with new people through Public.com. You can even participate in group chats with other Public.com users, as well as executives of publicly traded companies.

It’s an ideal platform for anyone who wants to learn more about investing or anyone who enjoys being able to communicate with other investors. The Public.com community is very active, so there’s always something to learn.

Another interesting feature is Public.com’s use of themes. Themes are simply lists of companies that have something in common (for example, female CEOs). You can use themes to find companies that you might want to invest in.

Aside from those unique features, Public.com also offers commission-free trades of stocks and ETFs. You can purchase full stock shares or fractional shares and there’s no minimum balance or minimum deposit required, so it’s great for new investors.

Overall, Public.com offers a user-friendly experience along with plenty of features and benefits that make it one of the best investing apps.

Public also stands out by not participating in Payment for Oder Flow (PFOF), which means they don’t sell your trades. Instead, your trades are routed directly to the exchanges.

How to Get Free Stock from Public.com

When you complete the signup process through this link (it takes just a couple of minutes), you’ll get up to $70 of free stock in a company of your choice. You can also earn free stock by referring your friends.

→ Get your free stock bonus from Public.com here.

Public.com offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/.

2. M1 Finance

M1 Finance offers free automated investing. It has some of the features and functionality of a robo advisor, but with a twist. For starters. M1 Finance is free, unlike a typical robo advisor.

You can select the specific securities you want in your custom portfolio, or you can pick from more than 80 expert investment portfolios, provide plenty of investment choices. M1 Finance also allows you to buy fractional shares of any investment that they offer. If you want to invest in Amazon but you don’t have enough money to purchase a full share of stock, it’s no problem since you can purchase a fractional share for a lower price.

M1 Finance makes investing simple for those at any level. All you need to do is deposit money and let M1 Finance invest it for you automatically based on your selections and preferences. M1 Finance will also handle automatic rebalancing to keep your investments in line with your target asset allocation.

How to Get Free Stock from M1 Finance

When you sign up through this referral link you’ll be eligible for a $30 bonus, which will be invested according to your preferences. You can also earn $30 for each friend that you refer.

→ Get your free bonus from M1 Finance here. 

3. Robinhood

While a growing number of brokerages now offer commission-free trades, Robinhood actually started the trend. Robinhood allows you to trade stocks and ETFs for free, but Robinhood stands out from its competitors because it also allows you to trade options and cryptocurrencies.

Robinhood’s app features a clean design that is meant to be simple and easy to use, which makes it a great choice for new investors. You’ll also have no fees for opening an account with Robinhood and no minimum deposits. In fact, Robinhood was started with the purpose of removing some of the common barriers that have historically prevented a lot of people from investing in the stock market.

Another great feature is fractional investing, which means you can buy a percentage of a share of stock with a small investment, making it an excellent option for beginners.

As a Robinhood customer, you’ll also be able to take advantage of their cash management service, which is FDIC-insured. You’ll earn interest on your money and be able to access it for your bills, or quickly invest it when the right situation arises.

How to Get Free Stock from Robinhood

As an incentive to encourage more people to try the service, Robinhood offers a free stock as a signup bonus. To get it, sign up here and open your account within 24 hours. When your brokerage account is approved, you’ll get the free share of stock valued between $2.50 – $200.

→ Get your free stock bonus from Robinhood here.

4. Bumped

Bumped is a free app that allows you to earn fractional shares of stock based on your purchases. It works very similar to cashback apps like Drop or Dosh, but instead of earning cashback or points on the prices you pay, you’ll earn free stock. It’s investing with no risks.

After you create your Bumped account, you’ll link it to your credit card. When you make purchases with a linked card at participating stores and websites, you’ll earn free stock. You’re able to choose the stocks or funds that you want to receive as rewards. 

There are more than 1,000 brands that participate with Bumped, allowing you to earn many different stocks.

Bumped takes just a couple of minutes to set up, and then you’ll be earning stock for your purchase. Best of all, it can be used in combination with rewards credit cards and other cashback apps, so you can stack the rewards.

How to Get Free Stock from Bumped

Sign up for Bumped here. When you create your free account and link your credit cards, you’ll choose your loyalties in each category. Sit back and earn fractional shares from your purchases. You can also make purchases through the app to earn stock rewards from even more brands.

→ Sign up for Bumped here.

5. Stash

Stash is more than an investing app. With Stash, you can learn, save, and bank, in addition to investing. Stash is focused on providing educational resources to help users manage their money better. Aside from articles, they also have some interactive tools that help you to learn how to build a diversified portfolio.

You can get a debit card from Stash that allows you to earn stock instead of cashback for your purchases.

As far as investing is concerned, you can open an IRA and choose from curated investments or set up automatic investments.

How to Get Free Stock from Stash

Right now, Stash is offering $5 for new users to invest. Create an account here and you’ll be eligible. You can also get another $20 bonus if you link a direct deposit to your Stash account.

→ Get your free bonus stock from Stash here.

6. Webull

Webull is a popular online stock brokerage that offers free trades of stocks and ETFs through their mobile app or desktop app. Like Robinhood, Webull now also allows users to trade options and cryptocurrency.

Aside from just the free trades, Webull also provides a wide range of tools, reports, and market commentary for in-depth analysis that can help you to make the right decisions with your investments. For this reason, many experienced investors love Webull for stock trading.

Setting up a Webull account is free and there are no minimums, so it is a great choice for any investor. They also offer extended trading hours and 24/7 online help.

The downside to Webull is that they (currently) do not offer fractional shares, which means you’ll need to purchase entire shares.

To make it even more enticing, Webull frequently runs a promotion that involves a free share of stock, plus addition stock bonuses with an initial investment.

How to Get a Free Stock from Webull

Right now Webull is offering new users the opportunity to get a free stock when you sign up.

→ Get your free stock bonus from Webull here.

7. Nvstr

Nvstr is a platform that offers trading with no minimums and emphasizes collective wisdom. Through Nvstr, you can see insight from leading investors as well as collaborate with the people you trust for investment advice.

With Nvstr, you can allocate your investment portfolio with a single click. The technology is built on Nobel Prize-winning research that helps to allocate or re-allocate your portfolio efficiently.

Nvstr also offers simulated trading so you can practice and learn without the risk, making it one of the best apps for beginners.

It’s free to sign up for an account with Nvstr, and you’ll be eligible for the signup bonus (covered below). You’ll also be eligible for additional stocks by referring your friends.

How to Get Free Stock from Nvstr

When you create a free account with Nvstr you’ll get a free bonus chosen at random (up to $1,000). That bonus will be entered into your account if you place a trade within two months. You won’t be able to withdraw the bonus for 12 months, but during that time you may see the value of the bonus increase thanks to your investments.

→ Get your free stock bonus from Nvstr here.

8. Acorns

Acorns is an app that will invest your spare change by rounding up your purchases to the nearest dollar. If you spend $5.25 cents on a purchase and you have automatic roundups turned on, Acorns will round it up to $6 by investing $0.75 for you. This is an ideal way for novice investors to get started.

With the help of Acorns, you can make saving and investing automatic, and with the small roundups, you’ll barely notice the difference. You’ll be able to choose from their professionally-created portfolios so the investing is automatic and diversified (note: you won’t be purchasing individual stocks with Acorn).

Aside from the roundups, you can also set up automated recurring contributions, or contribute manually any time you want.

One noteworthy feature is the option to invest Acorns Sustainable Portfolios.

Acorns Early, one of their investment products, is a great program to save and invest for kids. This is an excellent option for teaching your kids about money and investing.

You can also sign up for an Acorns Spend checking account that will allow you to earn and save more money.

Acorns does require a small subscription, so you’ll need to be sure the benefits outweigh the costs for you.

How to Get Free Stock from Acorns

Acorns offers a $5 bonus when you sign up for a new Acorns account. After you complete the signup process, Acorns will deposit $5 into your account, which will be invested according to your set preferences.

→ Get your free stock bonus from Acorns here.

9. MooMoo

Moomoo is an investing app that, like Webull, offers more in terms of data and research tools as compared to some competitors. Moomoo attempts to meet the needs of new investors as well as professional traders.

As a Moomoo user, you’ll benefit from commission-free trades of stocks, ETFs, Options, and ADRs (investing in foreign companies).

How to Get Free Stock from Moomoo

Like the other apps covered here, Moomoo offers free stock as a bonus. The free stock will be valued at $3 – $350. You can also earn additional free stocks for making an initial deposit of different amounts. 

→ Get your free stock bonus from Moomoo here.

10. E*TRADE

E*TRADE is currently offering a bonus for customers who open a new retirement or brokerage account. The amount of the bonus depends on how much you invest, but it’s possible to earn a significant bonus if you have a large balance to transfer.

How to Get Free Stock from E*TRADE

Here are the tiers for the cash bonus:

• Deposit $10,000 – $19,999 for a $50 bonus
• Deposit $20,000 – $24,999 for a $100 bonus
• Deposit $25,000 – $99,999 for a $200 bonus
• Deposit $100,000 – $199,999 for a $300 bonus
• Deposit $200,000 – $499,999 for a $600 bonus
• Deposit $500,000 – $999,999 for a $1,200 bonus
• Deposit $1,000,000 – $1,499,999 for a $2,500 bonus
• Deposit $1,500,000+ for a $3,000 bonus

→ Sign up for E*TRADE here to get your free bonus.

11. Ally Invest

Like E*TRADE, Ally Invest is a popular platform for investors that’s offering a large bonus to new customers that bring a substantial amount of money with them.

How to Get Free Stock from Ally Invest

Here are the cash reward bonus amounts based on the deposit:

• Deposit $10,000 – $24,999 to get a $100 bonus
• Deposit $25,000 – $99,999 to get a $250 bonus
• Deposit $100,000 – $249,999 to get a $300 bonus
• Deposit $250,00 – $499,999 to get a $600 bonus
• Deposit $500,000 – $999,999 to get a $1,200 bonus
• Deposit $1,000,000 – $1,999,999 to get a $2,000 bonus
• Deposit $2,000,00+ to get a $3,000 bonus

→ Sign up for Ally Invest here to get your free bonus.

12. Groundfloor

Groundfloor is one of the leading real estate crowdfunding platforms for non-accredited investors. It’s a great option for new investors with some risk tolerance because you can start investing in real estate with as little as $10, and you’ll even get a $20 bonus.

You’ll have the option to invest in a variety of house flips and you can see details like the amount of the loan, the interest rate you’ll earn, the size of the loan as a percentage of the after repair value (ARV), the term of the loan, location, and other details.

It’s extremely easy to get started with Groundfloor and you can earn an average of 11% yield, depending on the specific investments you choose.

How to Get Free Stock from Groundfloor

With Groundfloor, you’ll be getting a free investment in real estate instead of stock. All you need to do is open a Groundfloor account through this link and invest at least $10 to qualify for the $20 bonus.

→ Sign up for Groundfloor here to get your free bonus.

13. DiversyFund

DiversyFund is another real estate crowdfunding platform that offers an attractive bonus. Not only can you get the bonus, but with DiversyFund you’re also able to own shares of multi-family real estate in a completely hands-free way. DiversyFund identifies the investments and handles everything for you, so all you need to do is invest.

Their approach involves identifying properties that can be purchased below market value and improved. DiversyFund manages all of the renovations and management of the property before eventually looking to sell the property in roughly five years.

How to Get the Free Bonus from DiversyFund

For a limited time, DiversyFund is offering a $50 bonus (Amazon gift card) to new investors. You’ll need to make an initial deposit of at least $500 and use the coupon code “Diversy50”.

→ Sign up for DiversyFund here to get your free bonus.

14. TD Ameritrade

TD Ameritrade is a popular broker that now offers free trades on stocks and ETFs (thanks to Robinhood and Webull for leading the way). They are currently offering some significant signup bonuses, but you’ll need to have a nice chunk amount of money to invest in your account in order to qualify for the bonuses.

How to Get Free Stock from TD Ameritrade

For a limited time, when you sign up for a new account you can qualify for the bonuses listed below:

• $350 bonus with a deposit of $250,000 or more
• $700 bonus with a deposit of $500,000 or more
• $1,500 bonus with a deposit of $1,000,000 or more
• $2,500 bonus with a deposit of $2,000,000 or more

→ Sign up for TD Ameritrade here to get your free bonus.

15. Firstrade

Firstrade is an online brokerage firm that offers commission-free stock trades, ETFs, options, and thousands of mutual funds. Advanced traders will love the research tools that are available through Firstrade.

How to Get Free Stock from Firstrade

Firstrade is a little bit different from many of the other trading apps listed here. In order to get free stock, you’ll need to refer friends. You’ll earn free stock for the referral and your friends will also get free stock.

→ Sign up for Firstrade and start referring your friends.

Frequently Asked Questions