Earn an attractive brokerage account through the current Robinhood promotions, bonuses, and offers.
Update 5/3/24: The 1% Unlimited Cash Transfer bonus is back valid through June 28th, 2024.
Robinhood is a stock brokerage app that provides 100% commission-free stock, options, ETF and cryptocurrency trades. Through Robinhood, you are able to take advantage of 0.30% APY as well as earning Unlimited Free Trades and Stocks to better your financial investments!
(Learn More at Robinhood)
Robinhood Brokerage Account Summary
Being an industry leading brokerage firm who is known for offering commission-free trades, you are able to take advantage of a vast array or investment products. As a brokerage firm, Robinhood is insured by the Securities Investor Protection Corporation (SIPC)
Their trading experience allows investors to manage their own accounts, access their own portfolios, and make trades seamlessly across multiple devices. Access your account on-the-go with mobile and tablet apps.
I’ll review the Robinhood Promotions below.
Robinhood Earn Unlimited Free Trades + Free Stock
Robinhood’s referral program lets users and their referrals to earn free stock for just signing up.
- What you’ll get: Free Trades + Free Stocks
- Eligible account: Robinhood Account
- Account Type: Robinhood Account
- How to earn it:
- Sign up for Robinhood to start making referrals
- On your desktop or in the app, click on the Account menu/icon
- Tap “Invite friends, get free stock” or the “Free stock” menu item
- Invite your friends via Twitter or with your personal referral link
- Get enough friends to sign up and you can earn up to $500 in free stocks per year.
- The shares of free stock are chosen randomly from their inventory of settled shares.
- The value of the share may be anywhere between $2.50 and $200, and fluctuates based on market movements.
- Monthly Fee: None
- Online Trades: None
- How to earn it:
- Tap the account icon in the bottom right corner
- Click “Invite friends, get free stock”
- Then start inviting your friends
- If enough of your friends sign up, you can earn up to $500 in free stocks
- Bonus credited once account is approved
- Limit one offer per qualified referral with a maximum of one account per referred client
- Robinhood reserves the right to change the offer terms or terminate the offer at any time without notice
- Shares from stock bonuses cannot be sold until 2 trading days after the bonus is granted or withdrawn within 30 days
(Learn More at Robinhood)
Please note that you won’t be able to choose which stock you get for free.
- There is an approximately 98% chance of the stock bonus having a value of $2.50-$10.
- An approximately 1% chance of the stock bonus having a value of $10-$50.
- An approximately 1% chance of the stock bonus having a value of $50-$200.
Account Features
- Available Accounts – Individual accounts only.
- Trade For Free – Buy or sell a stock at no cost.
- No Minimum Deposit – You can start trading with a few dollars.
- Mobile App Access – Make trades via an Apple iPhone or Apple Watch. Android app is now available (New).
- Scheduled Deposits (New) – Automatically you can schedule transfers on a weekly, biweekly, monthly, or quarterly basis.
- Advanced Order Support (New) – Robinhood supports market orders, limit orders, stop limit orders, and stop orders. Certain orders may be entered as good for the day or good till canceled (GTC)
Robinhood 1% Unlimited Cash Bonus Transfer Bonus
- What you’ll get: 1% Unlimited Cash Bonus Transfer
- Account Type: Robinhood Account
- Availability: Nationwide
- How to earn it:
- For a limited time, earn a bonus when you transfer an outside brokerage account to Robinhood. Whether you transfer $10,000 or $1M, get a 1% bonus, no cap.
(Expires 06/28/2024)
Fine Print
- The bonus applies to eligible assets transferred from an external brokerage account into your Robinhood non-retirement brokerage account within the offer period, from April 30, 2024 to June 28, 2024. To keep the bonus, you must keep the money you transfer into Robinhood in your Robinhood individual brokerage account for at least 2 years.
Robinhood 3% IRA Bonus Bonus
- What you’ll get:
- Earn up to 3%* extra on every dollar you contribute to your IRA when you subscribe to Robinhood Gold. IRA transfers and 401(k) rollovers also earn 3% until April 30.
- Account Type: Robinhood Account
- Availability: Nationwide
- How to earn it:
- Get a 3% bonus on IRA transfers and 401(k) rollovers with Robinhood Gold.
(Expires 04/30/2024)
Fine Print
- “The biggest IRA match” claim validated by Radius Global Market Research who evaluated self-directed retirement account offerings at major brokerage competitors Q3 2023. *3% match requires Robinhood Gold (subscription fee applies). Keep Gold for 1 year and the IRA for 5 years. Other terms apply.
Robinhood $100 Up to $600 Bonus
Earn $100 up to $600 bonus when you sign up and join Robinhood.
- What you’ll get: $100 up to $600
- Account Type: Robinhood Account
- Availability: Nationwide
- How to earn it:
- Join a new generation of investors. Sign up for Robinhood and join 22+ million investors on the app.
- Earn up to $600. Deposit money into your account by September 16, 2022 and keep deposits in your account through October 16, 2022 to earn up to $600. You can earn $25 for depositing $1,000 – $9,999, $100 for $10,000 – $49,999, $300 for $50,000 – $99,999, or $600 for $100,000+. Review full terms and conditions.
- Earn free stock. Once you sign up, you can choose stock from one of America’s leading companies.
(Expires 09/16/2022)
Fine Print
- New customers must sign up for Robinhood using the promotion page and get approved by August 17, 2022.
- The majority of customers are automatically approved but occasionally we’ll need additional information that may delay approval up to seven days.
- Approval is not guaranteed.
- Once approval is granted, new customers must successfully fund their account with a qualifying amount by September 16, 2022 and keep deposits in your account through October 16, 2022 to receive this reward.
- Customers can invest the reward right away but cannot withdraw the cash value for 30 days after the reward is claimed.
Robinhood Cash Management
- What you’ll get: 1.50% APY
- Eligible account: Cash Management Account
- Account Type: Cash Management Account
- How to earn it:
- Add a Cash Management to your Brokerage Account
- Utilize the promotional link
- Monthly Fee: None
- Online Trades: None
- How to earn it:
- Add Cash Management to your Brokerage Account.
- The Annual Percentage Yield (APY) paid by program banks is 1.50%
- APY might change at any time and at the program banks’ discretion.
- Neither Robinhood Financial LLC nor any of its affiliates are banks.
(No expiration date listed)
Editor’s Note: It’s no longer available to join.
Account Features
- Available Accounts – Individual accounts only.
- Trade For Free – Buy or sell a stock at no cost.
- No Minimum Deposit – You can start trading with a few dollars.
- Mobile App Access – Make trades via an Apple iPhone or Apple Watch. Android app is now available (New).
- Scheduled Deposits (New) – Automatically you can schedule transfers on a weekly, biweekly, monthly, or quarterly basis.
- Advanced Order Support (New) – Robinhood supports market orders, limit orders, stop limit orders, and stop orders. Certain orders may be entered as good for the day or good till canceled (GTC)
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Conclusion
Sign up for a Robinhood Account to earn unlimited free stock trades with no minimum deposit. You can only access your account by a mobile device and must download the Robinhood app. This service is easy to use, and is a cheap (free) way to invest in individual stocks or ETFs.
See our full list of Brokerage Bonuses and the Best Robo-Advisors! Find other investment promotions here and see other referral bonuses.
