How To Get FREE Stocks From Brokerage Companies Giving Shares Away

Free stocks? Heck yeah! Getting free stock shares is actually a real thing. Multiple brokerage companies are giving away free stock shares to get your valuable attention – and help convince you to sign up for their services.

The first notable brokerage company to offer free stocks was Robinhood. A few years later it worked so well that everyone started copying Robinhood. And that means it is easier to start building your wealth for absolutely free!

Well, “free” in exchange for what, you ask? Generally, to get the free stocks, you have to provide sensitive personal information. The government requires that stock brokerages verify their customers (so they can track them down for tax purposes, naturally). You’ll need to supply your social security number and, if you want to get cold hard cash in your hands, you’ll have to give up your bank account information as well.

Have to admit, I was reluctant to give up the details at first and waited a few months until I pulled the trigger. Now that I have, it’s addicting to watch those free stocks growing in value every day.

Now it’s your turn to get some free stock. Get a retirement fund going, start building your wealth or sell your free stocks for cash if you need it. To help you get started, we’ve compiled a list of reputable companies that offer free stocks. They’re all insured, regulated and well-funded enough to offer solid security.

I have used my own referral links for most of these companies and would greatly appreciate if you use it. In some cases, it means I might get some more free stocks. However, you can always go to the homepage of the company directly or find a friend who has an account and use their link so they get free stocks. And guess what? Once you sign up, you’ll have your own referral link to use to rack up more free stock for yourself.

This was last updated at 4/6/2020 and the terms for these free stock offers may change at anytime so be sure to double check in case they changed when you sign up!

The OG Free Stock Company: Robinhood

Robinhood was the most emulated broker in terms of giving free stocks and the fact that you can trade shares without any commission at all. They can offer free commissions because Robinhood makes money from interest, collecting data about retail investors and other methods. Nearly all the large brokers like Schwab, Fidelity and such have started offering no commission trading thanks to Robinhood. You can sign up to get a stock with up to $150 and you trade/sell it in about 30 days after receiving it. Most stocks are around $3-$10 that you will get for signing up. You also need to use their mobile app to claim the free stock.

How to get free stocks from Robinhood:

  1. Visit Robinhood’s website here
  2. Click “Get Your Free Stock” to start creating an account.
  3. From here you’ll need to enter your personal information and verify it. This is where they need your social security number. It looks like they do a soft pull of your Experian credit report to verify your identity and according to Experian, this will not affect your credit score.
  4. Once you create your account, it’ll ask you to fund your account on the last page, you can actually skip this step as it’s not required. Just click on “What if my banks not listed” and skip that part to do so. Or alternatively, you can fund your account if you wish to do so.
  5. Now, wait for their activation email so you know your account is approved.
  6. Once you are activated, load up the iOS app here or Android app and login.
  7. Finally, to get your free stock, there should be an offer to claim your free stock, then click it and pick 1 of 3 question marks to get your free stock share!
  8. Once you get your free stock, you can share with your friends to get more free stock shares using a unique link they provide you via email.
  9. You are allowed to sell the free share of stock two days after you receive it if you want to re-invest it. And if you want to cash out, you need to wait for 30 days after the bonus is claimed to transfer funds to your bank account (which will you will need to connect at this point if you want to cash out but again, not needed when you are signing up & claiming free stock share initially).
  10. You can earn up to $500 per calendar year with Robinhood referring friends too!

Get Free Stock From Robinhood

Firstrade Free Stock Offer

Firstrade is one of the newer free stock offerings. You can get a free stock share worth up to $200 from companies such as Apple, Facebook, Bank of America, Snapchat and many other trusted public companies. They are new to the free stock offerings but they have been in business since 1985 and are a USA based company. You can claim this one without a mobile app which is nice compared to the other free stock offers. They are also no-commission trading among many other options for trading your free stocks after you get them.

How to get free stock from Firstrade:

  1. Visit the Firstrade website here.
  2. Click “Get Your Free Stock”.
  3. Enter your name and email address then hit “Get Started.”
  4. From here you’ll need to enter your personal information and verify it. This is where they need your social security number. They may do a soft pull of your Experian credit report to verify your identity and according to Experian, this will not affect your credit score.
  5. Once you have created your account (individual, joint or custodial), you will be asked to link to your bank. You do not have to do this now, so you can skip this and still get your free stock. You will have to link later when you want to sell or cash out.
  6. Once you are approved you’ll get notification that you can claim your free stock.
  7. It can take a business day to get approved and receive your stock, but allow a few business days – sometimes up to 5 business days – after you claim your free stock for it to be credited to your account. From there you can keep it or sell it (and withdraw the money after). That’s it, enjoy your free stock!
  8. You can refer up to $500 worth of free stocks per year with Firsttrade.

Get Free Stock From Firstrade

Public.com Slice Free Stock Offer

Public.com is a very new company from 2017. You can get a free stock ‘slice’ share worth up to $50 from companies such as Apple, Amazon, Google, McDonald’s and more and many other trusted public companies. You can claim this one only with a mobile app. You can invest with any amount of money, commission-free, with no fees on trades and no account minimums. Public offers SIPC protection, and securities in your account are protected for up to $500,000. You can also share and read important news, follow other investors, grow your stocks through referrals and more!

How to get free stock from Public.com:

  1. Visit the Public.com website here.
  2. Install the mobile app on your iOS or Android device (Android wasn’t working at time of writing this).
  3. Start the registration process on your phone.
  4. From here you’ll pick which stock you want a slice of for free and you need to enter your personal information and verify it. This is where they need your social security number. They may do a soft pull of your Experian credit report to verify your identity and according to Experian, this will not affect your credit score.
  5. Once you have created your account, you will be asked to link to your bank. You do not have to do this now, so you can skip this and still get your free stock. You will have to link later when you want to sell or cash out.
  6. Once you are approved you’ll get notification and the free stock you picked will show up under your account page.
  7. It can take a business day or two to get approved and receive your stock, but it could take longer, it took us about 2 days to get approved over a weekend. From there you can keep it or sell it (and withdraw the money after). That’s it, enjoy your free stock!

Get Free Stock From Public.com

Dough Free Stock Offer

Dough is one of the newest free online brokers having launched in 2019. They are based in Chicago and you can get up to $200 in free stock from them. They are also no-commission trading among many other options for trading stocks. The companies you can get range from Ford, Aurora Cannabis, Deutsche Bank AG, Zynga and others. The free stock program currently is ongoing but may end at any time. An update on 1/15/2020 added a hoop to withdraw funds from the sale of the awarded stock, a $25 minimum deposit is required which is the only downside. But you can deposit $25 then withdraw it all later making it still an effective freebie if you just want cash, but it’s always better to invest and let it grow over 5, 10 or 20+ years of your life. This program also requires the mobile app as the only option.

How to get free stock from Dough:

  1. Visit Dough’s website here.
  2. Create an account and password then install the mobile app on your phone and continue to the next step (get your license or ID ready).
  3. From here you’ll need to enter more of your personal information like your address, phone number and more. This is where they need your social security number and possibly an ID photo. They may do a soft pull of your Experian credit report to verify your identity and according to Experian, this will not affect your credit score.
  4. Once you have created your account, you have to wait until it’s approved which may take a few days. Then when you are approved, you will be asked to wait 2 business days for each free stock you get after approval.
  5. After a few business days you can sell your stock and cash out if you’d like, see the terms as it has changed a few times.
  6. That’s it, enjoy your free stock! You can refer friends at the time of this writing as well but that may change at anytime.

Get Free Stock From Dough

NVSTR Free Cash To Invest In Stock Offer

NVSTR is more about investing with the knowledge of the crowds/your peers. Because of that collective knowledge they are not a commission-free broker and charge $4.50 per trade. Right now they are giving up to $1,000 in cash to invest (and at least $8 for anyone who signs up as of 1/6/2020). This one has more hiccups if you want to withdraw your money. You can’t withdraw your money until after 1 year and you have to place a trade within 1 year as well. This one is nice because you don’t need a mobile app to take advantage of this free stock offer either.

How to get free stock money to invest from NVSTR:

  1. Visit NVSTR’s website here
  2. Click “Get Started” to start creating an account.
  3. From here you’ll need to enter your personal information and verify it. This is where they need your social security number. They may do a soft pull of your Experian credit report to verify your identity and according to Experian, this will not affect your credit score.
  4. Once you have created your account and signed the terms you can see what random amount of cash you get so you can invest it.
  5. After getting the cash, you need to wait until you are approved then MUST invest it in a stock in about a month from signing up.
  6. Once you get your free stock purchased, you can share with your friends to get more free cash to invest in shares using a unique link they provide you via email or using the mobile app on the free stock tab.
  7. That’s it, enjoy your free stock and start sharing the wisdom with others!

Get Free Stock From NVSTR

Webull Free Stock Offer

Webull is another newer brokerage that is offering free stock and it also requires you to use a mobile app to claim the free stock. They offer free trades and a slew of more advanced trading features and from reading more about the company they offer better customer service than Robinhood but time will tell. But you are here for the free stock right? That is the best part, you can get up to $1,000 in free stock from Webull which is great!

How to get free stock from Webull:

  1. Visit the Webull site here.
  2. Click “Sign Up” then click “Download App” to start creating an account.
  3. Download and open the iOS app here or Android app.
  4. From here you’ll need to enter your personal information and verify it. This is where they need your social security number. They may do a soft pull of your Experian credit report to verify your identity and according to Experian, this will not affect your credit score.
  5. Once you have created your account, click on the “My Free Stock” tab, then click the “Get It Now” button which will take you to start a new brokerage account. After you create your brokerage account you’ll have to wait a few hours or days. Mine took 4 days to approve.
  6. Once you are approved you’ll get an email or mobile push notice letting you know, then you can claim you free stock by going back to the “My Free Stock” tab.
  7. Once you get your free stock, you can share with your friends to get more free stock shares using a unique link they provide you via email or using the mobile app on the free stock tab.
  8. It will take up to 5 business days after you claim your free stock for it to be credited to your account. From there you can keep it or sell it (and withdraw the money after). That’s it, enjoy your free stock!

Get Free Stock From Webull

Moomoo Free Stock Offer

Moomoo is another new offering from a Chinese parent company called Futu Securities. You can sign up for the new app Moomoo and refer your friends, and you and your referrals could receive free stock worth $3 to $200. Moomoo allows you to trade US Stocks, ETFs, ADRs and more with no commission fee. Futu (the parent company) is a fairly large public company, the project has SIPC insurance and this project has been funded by the likes of Sequioa Capital and Tencent which are good for confidence.

How to get free stock from Moomoo:

  1. Visit the Moomoo website here.
  2. Click “Get Free Stock” then click “Download App” to start creating an account.
  3. Download the app from the Apple or Google Store.
  4. Create a Futu Trading Account in the app.
  5. From here you’ll need to enter your personal information and verify it. This is where they need your social security number. They may do a soft pull of your credit report to verify your identity, but this won’t affect your credit score in anyway. You also need to upload an ID.
  6. Once your account is approved you can claim a free stock!
  7. You may then refer friends as well to get more stocks.
  8. It may take up to 5 business days after you claim your free stock for it to be credited to your account. From there you can keep it or sell it (and withdraw the money after a holding period). That’s it, enjoy your free stock!

Get Free Stock From Moomoo

Possible Stockpile Free Fractional Stock Offer

Stockpile is occasionally celebrates around holidays or other events with the gift of free stocks! You can get fractional shares of the companies Disney, Facebook, Tesla, Google or Apple for yourself or a loved one. It makes for a great gift to start a nest egg, or you can just cash out and forget about the long term! That being said, this offer is seasonal or might be over forever. It isn’t active for me at the time of writing this but it still checks if you qualify for free stock so it may work for you. That is also why this is last on the list! The photo from this post is from Stockpile in case you were wondering too!

How to see if you can get free $5 in stock from Stockpile:

  1. Visit the companies website by clicking “Get This Offer (External Website)”
  2. It will see if you qualify and if you do you can enter your own email or a friend/loved ones email. Then pick a company and delivery date (if you pick today it takes a few hours).
  3. Hit “Submit” and check your email or friends email.
  4. From there, you will have to login and redeem the code they sent you to get the stock. It takes a few hours if you set today as the date.
  5. Then hold on to it or you can cash out by connecting your banking information. Congrats on the free $5 in stock!
  6. This offer comes and goes so if it isn’t working now try during the holidays or another special event.

Get Possible Free Fractional Stock From Stockpile

Hey, look at you, a big fat cat investor! That’s all the free stocks for now. Commence the wealth building and good luck to you! If you liked this list please share it with a friend!

Thanks for being a reader, and have a great day! Please share:

The links this post may contain affiliate links which we earn a commision from. See the bottom of the site for full privacy, disclosure and terms & conditions policies.