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You know that you want to invest in the stock market, but how can you get the most value for your hard-earned dollars?
Many brokerages offer you the opportunity to earn a cash bonus or a free stock just for opening an account and trying out their platform.
This includes several of the top trading platforms including Robinhood, and SoFi Active.
A savvy investor can make excellent use of some of the best free stock promotions from some of the leading companies, including Robinhood (1 stock up to $200) and SoFi Active (1 stock up to $1,000).
If you are interested in learning more about these free stock promotions, here is the breakdown of what it takes to earn your bonus.
Best Free Stock Promotions For September 2022
The active deals for free stock promotions are always changing, so where can you get the best promotions?
Check out what the latest offerings are for the month!
Best Free Stock Promos
|1 Free Stock Valued Up to $200||Sign Up|
|Up to $500 Bonus||Sign Up|
|Get a free slice worth up to $300||Sign Up|
|Free Stock Worth Up to $1,000||Sign Up|
|$10 Bonus||Sign Up|
|10 Free Stocks Up to $2,500||Sign Up|
|$25 Bonus||Sign Up|
|$100 Bonus||Sign Up|
|$101 In Fractional Shares Of Top 5 S&P 500||Sign Up|
|Up to $600 Bonus||Sign Up|
1. Robinhood – 1 Free Stock Worth $5 Up To $200
Investors love the Robinhood platform because it offers commission-free trades and makes it easy to buy and sell stocks directly from the app.
This is also one of the best programs that offers a free stock just for signing up. And it isn’t just any stock either – you could earn a stock from:
- Berkshire Hathaway
How do they determine which type of stock you get?
When you sign up with a qualifying link, you will play a three-card game of chance. Each card has the promise of a unique stock, but you only get the one you select.
Most people will win a stock between $2.50 and $10 (98 percent chance).
You have a 1 percent chance of both a stock between $10 and $50 as well as between $50 and $200.
Feel free to sell your new stock after two trading days have passed or keep it around to diversify your portfolio.
2. M1 Finance – Up To $500 Bonus
M1 Finance is one of leading platforms for automated investing that is geared to both beginner and experienced investors alike.
They may not be giving away free stocks, but you can use the cash bonus they offer to fund your new investments or customizable “pies.”
All you have to do is open an account and fund it. The amount you receive as a bonus depends on how much you fund:
- $1,000 to $4,999.99 – $30
- $5,000 to $9,999.99 – $75
- $10,000 to $29,999.99 – $150
- $30,000 to $49,999.99 – $300
- $50,000 or more – $500
3. Public – Free Stock Slice Worth $3 Up To $300
If you are interested in purchasing fractional shares, Public could have what you are looking for.
They specialize in this type of trading with “slices” of any given stock. All you have to do is open up a brand-new account and deposit at least $1 into the account.
In exchange for your $1 deposit, Public will reward you with a free stock slice valued between $3 and $300.
As you might expect, most people will receive a $3 slice of stock (92%) with just a few people receiving a $300 slice of stock (0.5%).
The stock slice awarded to you is randomly selected from the 50 most popular stocks on the platform.
4. SoFi Active – 1 Free Stock Worth $5 to $1,000
SoFi is a leader when it comes to financial management and stock trading. Their app allows you to:
- Track financial health
- Pick stocks
- Earn passive income
- Get a grip on student loans, credit, and more
They also offer one free stock to new users who sign up with a Wealth account (minimum deposit of $100). This sign-up bonus will be worth anywhere from $5 to $1,000.
Much like Robinhood, the stock you get is selected via a game. You will play the claw game where each piece has a dollar amount that represents a fractional share of your choosing.
As you might expect, most users end up with a stock bit worth $5 and rarely end up with the maximum $1,000 value.
5. Acorns – $10 Signup Bonus
While many of the stock sites listed here have low account minimums, Acorns takes that to a new level. You can invest with micro-savings – the change left over from your purchases.
Round up to the nearest dollar and deposit that change into Acorns and the stock market.
You can make the most of your initial investment with their $10 bonus. All you have to do is open a new account and deposit a minimum of $5. This means that you will get $15 for a $5 deposit.
6. Moomoo – 10 Free Stocks Worth $8 To $2,500
Another stock trading app, Moomoo offers some of the best features for traders who are looking for the best free stock promotions.
Investors can earn up to ten free stocks just for completing a simple four-step process:
- Open a Moomoo account (earn 1 free stock)
- Fund your Moomoo account (earn 5 free stock)
- Fund your Moomoo account with $100 (earn 1 free stock)
- Fund your Moomoo account with $2,000 (earn 3 free stocks)
Each of the free stocks they offer as part of this promotion will be valued between $8 and $2,500.
With ten chances to earn more valuable stocks, you could walk away from this deal with a prize!
7. UNest – $25 Signup Bonus
If you aim to save money on behalf of your kids, UNest is one of the best ways to do so. Parents can open custodial accounts and fund them on behalf of their kids until they come of age to manage the money themselves.
You can do this from your smartphone or on your desktop.
While it may not provide you with a free stock, their bonus is worth considering if you’re a parent. All you have to do is open a new account and claim your free sign-up bonus ($25) with a $25 deposit.
8. Fidelity – $100 Signup Bonus
While it may not give you a specific stock, Fidelity’s promotion allows you to use your bonus to buy shares of the stocks that you really want. How does it work?
All you have to do is open an eligible new account and fund it with $50 in the first 15 days. From here, you will get a $100 bonus deposited directly into your account.
Eligible account types for this offer include:
- The Fidelity Account
- Fidelity Cash Management Account
- Roth and Traditional IRAs
9. Charles Schwab – $101 Worth Of Free Stock
If your goal is to use one of the most well-known brokers in the industry, then Charles Schwab may be right for you.
Opening an account as a new investor earns you a Schwab Starter Kit that will include $101 worth of stock divided among the top five stocks of the S&P 500.
You will earn a fractional share of each.
To qualify, all you have to do is open an account and fund it with $50 in the first 30 days.
Much like some of the other best free stock promotions, you will receive your credit the next trading day and can then do what you want with the stocks.
10. Merrill Edge – Up To $600 Signup Bonus
Merrill Edge, the investment arm of Bank of America, will give you up to $600 with the opening of a new cash management (taxable brokerage) account.
You will need to open a new account, transfer your funds over in the first 45 days, and maintain your balance for at least 90 days.
This will trigger Merrill Edge to award your cash bonus within approximately two weeks of the 90-day mark.
The amount you receive for funding your account is dependent upon how much you transfer:
- $20,000-$49,999: $100
- $50,000-$99,999: $150
- $100,000-$199,999: $250
- $200,000 and up: $600
Start Investing With The Best Free Stock Promotions Today
There is no time like the present to start investing for your future. Whether you want to keep your stocks long-term or participate in something more akin to day trading, these platforms will have you covered.
You can start investing in Robinhood or SoFi today to take advantage of the best free stock promotions and start building your portfolio!