In today’s financial landscape, the competition amongst brokerage accounts to attract new investors is fiercer than ever, with many firms now offering enticing incentives, including free shares of popular stocks or lucrative bonuses. These offerings not only sweeten the deal for potential clients but also introduce them to the world of investing with a head start. If you’re on the lookout for a way to diversify your investment portfolio without the initial outlay, exploring the best deals from various brokers could be your first smart investment choice. This comprehensive guide will delve into the top opportunities available right now for garnering free stocks by signing up or transferring assets to a new brokerage account.
Today’s Best Free Stock Deals
Investors today have a plethora of options when it comes to choosing their brokerage platform, each with its unique set of incentives. From fractional shares to cash bonuses, the variety of promotions ensures there’s something for every type of investor.
1. Webull (Up to 75 Fractional Shares Each Valued Between $3-$3,000)
Webull stands out with its all-encompassing investment platform, designed for the self-directed investor keen on maximizing their trading capabilities without incurring fees. The platform’s free stock program is an immediate benefit for new sign-ups, offering a substantial head start into investment.
For investors looking to jump-start their portfolio, Webull’s offer includes earning up to 75 fractional shares upon opening an account and depositing a minimum required amount. The initial boost varies depending on the investment you’re willing to make right out of the gate.
2. Acorns ($10 Cash Bonus)
Acorns takes a micro-investing approach, allowing users to trickle small amounts into their investment portfolios effortlessly. By rounding up purchases to the nearest dollar, it simplifies investing, making it accessible even to those with minimal disposable income. A modest $10 signup bonus provides an incentive to begin saving and investing with purpose.
3. eToro ($10 Cash Bonus)
In the age of social media, eToro has pioneered a social trading platform where investors can connect, share, and even replicate others’ trades. This approach not only demystifies investing but also fosters a learning environment. The platform offers a $10 cash bonus for new accounts, provided certain conditions are met, making it an inviting option for those looking to delve into social investing.
4. M1 Finance (Up to $500 Cash Bonus)
M1 Finance merges the hands-off convenience of robo-advisors with the customization of traditional brokerage services. It caters to investors who seek control over their portfolio’s composition while enjoying automated balance maintenance. M1’s tiered bonus system rewards significant initial deposits with a bonus as high as $500, appealing to those prepared to invest a larger sum from the start.
5. Moomoo (Up to 15 Free Stocks)
Moomoo makes its mark with a no-frills platform that emphasizes accessibility and affordability. Its current promotion offers up to 15 free stocks to new users, depending on the deposit amount. This can be particularly lucrative for investors ready to dive in with a sizable amount, with the potential added benefit of investing in fractional shares.
6. Public (Up to $10,000 Transfer Bonus)
Targeted at beginners, Public simplifies investment through a commission-free model and leverages a vibrant community for users to learn and grow. The platform’s unique offering includes transferring assets from an existing account to Public, with cash bonuses scaling up to $10,000, depending on the amount transferred.
7. Robinhood (Free Stock Valued at $5-200)
Robinhood continues to disrupt the financial industry with its user-friendly app designed for the next generation of investors. It upholds the tradition of awarding a free stock to new users and those they refer, making it a compelling choice for younger investors keen on spreading the word and growing their portfolio simultaneously.
8. SoFi Invest ($5-1000 in Free Stocks)
SoFi Invest caters to an all-level investor demographic by offering an array of investment options with no commission fees. New SoFi users are welcomed with a randomized free stock value upon account funding, incentivizing potential investors to delve into the market.
9. Stash (StockParty)
Stash is intriguing for beginners due to its combination of banking and investment services within a single platform. Stash’s StockParty is an innovative way to earn free stocks through referrals, providing a social twist to investing.
10. TradeStation ($150-$3,500 Cash Bonus)
Geared towards the seasoned trader, TradeStation leads with a powerful set of tools for detailed market analysis and strategy development. Its cash bonus for transferring assets entices experienced investors to bring their portfolios over, with bonuses that escalate with the asset value.