In this blog post, I am going to tell you what the Robinhood app is and how you can get a free stock from the Robinhood app. I wanted to start investing in the stock market and I needed an easy to use platform since I am a beginner in investing.
What is Robinhood?
Robinhood is a stock investing application and now they also have a website for registered users. The Robinhood application is free to install and also free to join.
To Get Started:
Register for an account: Click here
Note: For mobile users the link above will lead to a page that allows you to download the Robinhood app. So, if you click the link above and already have the Robinhood app installed on your device, you can ignore the app download link down below.
Robinhood Free Stock Promo
Want to know more about the Robinhood free stock promo? Continue reading and I will tell you how to get a free stock from the Robinhood app.
By using the Robinhood free stock promo, if you register for an account using this link, we both get free stocks from Robinhood. It should be free to register and it should be free to obtain a stock from the stock market. You don’t have to pay for anything.
Note: You have only 60 days to claim the free stock before it expires.
After making an account and verifying your email address, you should download the Robinhood mobile application.
You get a free stock when you join Robinhood using my link.
Download the Free Robinhood Application using the Link Below:
Robinhood App Download: Click this link.
What To Do After Installing the Robinhood App?
After installing the application, you should be ready to link a bank account to transfer funds to your portfolio. On the website version you can easily do this by clicking “Account” on the top right. Then click on “Banking“. Then click “Add New Account“.
After adding a bank account, you will now be able to transfer funds to your Robinhood account. This will enable you to trade stocks in the Robinhood app.
Before investing, do learn about the risks involved in trading stocks. The stock market always goes up and down. You may gain or loose money when you invest. Always do research on the stocks that you are going to invest in.
The thing I like about Robinhood is that it is very easy to use. It is an application that enables you to trade on the go. Another thing I like is the ability to trade stocks without paying for commissions (you can trade for free, $0 commission). There is a Pattern Day Trade (PDT) rule to be aware of. You can learn more about PDT in their help section. Also learn about taxes in their help section.
How to Get More Free Stocks from Robinhood?
There is a way to get up to $500 worth of free stocks from Robinhood. This is also part of the Robinhood Free Stock Promo. Within the Robinhood mobile app you can tap on the accounts tab (looks like a circle on top of a down facing capital letter D) located on the lower right portion of the screen.
You should see a tab that says “Invite friends, get free stock.” Using that tab, you can invite your friends and family to use the Robinhood app. You will get a free stock for each member that joins Robinhood using your invitation. Everyone you invite will get a free stock from Robinhood as well.
Note: Once you earn about $500 worth of free stocks, you will stop getting free stocks from your referrals. But all your referrals will still get a free stock upon joining Robinhood using your link.
Is Robinhood a Scam?
No, I do not think that Robinhood is a scam. Robinhood is a legit app that you can use to invest money in the stock market. Robinhood is safe to use and I think they have bank level encryption. Robinhood is also a member of FINRA and SIPC which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash).
Have fun investing with Robinhood!
Get your Free Stock from Robinhood: Click here and Get a Free Stock.
Disclosure: Some links may contain referral links and I may be compensated for this.