Investing in stocks is something we should all consider for the good of our financial future.

They are the best way to make money in stocks. Index funds put their money in indexes like the S&P 500 or the Russel 1000. Index funds are passive, their fund managers don’t keep buying and selling stocks to “beat the market”. In fact, their objective is to be the market. Mar 30, 2021 Reinvest your money. When you sell your stock (hopefully for a lot more than you bought it for), you should roll your money and profits into buying new stocks. If you can make a little money every day or every week, you’re on your way to stock market success. Consider putting a portion of your profits into a savings or retirement account. We'll assume a market average of 7% annual return rate. After 30 years, your initial $10,000 investment will be worth $76,122.55. That's a $66,000+ profit without working a minute! This makes it one of my best ways to invest your money. Making a lot of money in the stock market is all about long term returns and limiting expenses.

But for people new to investing, it can be a scary and daunting task to pick the right stocks. The risk of losing your money is high.

But if you can get a few free stocks to start investing with, you practically have zero risk of losing your own hard-earned money.

But what companies would giveaway shares of their company for free? That would be like companies giving away free money!

Companies, apps and trading platforms that want to attract new investors!

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We talk about free stuff a lot here on Money Pantry, because, well, who doesn’t like free stuff?

That’s why you’ll find articles on everything from how to get free Walmart gift cards to how to get free books.

Surprisingly, many legit companies give you free stock.

If you’re interested in starting your own portfolio, getting some stocks at no cost is a good way to start.

So without further delay, let’s dive in.

Where Can I Get Stocks for Free?

Here’s my list of the top investment apps, trading platforms and companies that give you stock for free.

1. Webull

Free stock value: $2.50 to $250/$12 to $1,400 (Plus $12 to $1,400 when you refer a friend)

Webull provides a comprehensive suite of investment products, including:

Stocks
Options
ETFs
ADRs

Webull offers investments with no deposit minimums. Great, right?

Even better though is the fact that the company actually gives you stocks at no cost and getting them is super simple.

How to get free stock from Webull

There are three ways to get your complimentary stock from Webull.

Open an account

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Just open up an account! It’s that simple. When you open a Webull brokerage account, you’ll get a free stock that’s valued between $2.50 and $250!

Make a deposit

That’s not all though. If you make an initial deposit of $100 or more, you can receive a second free stock that’s valued between $12 and $1,400.

Refer friends

You can earn two free stocks when you refer a friend to Webull. Each stock is valued between $12 and $1,400. Your friend must make an initial deposit of at least $100 in order for you to qualify for the complimentary stock.

2. Robinhood

Free stock value: Up to around $200 (Plus up to $500 a year when you refer friends.)

Next on the list, we have Robinhood. It’s a really popular website and app for investing. It’s an app similar to Acorns (more on Acorns below).

It provides commission-free investing, allowing you to make unlimited commission-free trades in stocks, ETFs, and options with Robinhood Financial. You can even buy and sell cryptocurrencies with Robinhood Crypto.

How to get your stock from Robinhood

There are two ways you can get free stocks from Robinhood.

Open an account

When you sign up and link your bank account, a surprise stock appears in your Robinhood account.

Now, the term “surprise” stock is important here.

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Basically, when you open your account, you’ll get free stock, but the amount varies from person to person.

The shares of free stock are chosen at random from the site’s inventory of settled shares.

Because of this, you may not get the same stock as others.

The value of the shares you get can be anywhere between $2.50 and $200 and fluctuates based on market movements. Robinhood says that you should keep in mind that there’s an approximately 98% chance of the stock bonus having a value of $2.50 and $10.00.

When I came to sign up for a Robinhood account, I had lots of examples of stocks I could get along with the odds for each particular stock.

For example, I had a 1 in 200 chance of getting Visa ($198.5), Microsoft ($209.6), or Johnson & Johnson ($149.55).

And I had a 1 in 80 chance of getting Kinder Morgan, Ford Motor, or PG&E.

Refer friends

You can also refer friends to get stocks. For each new friend that you invite to join Robinhood, you get free stock and the friend you refer gets free stock too.

The value of the stock can range from $2.50 to $200 and fluctuates based on market movements.

What’s great about the program is that you are eligible to receive up to $500 in reward stocks each calendar year.

3. M1 Finance

Free stock value: $10

Next on the list, we have M1 Finance. It’s an investment and finance app, offering a range of financial tools. You can invest for $0 in stocks and ETFs.

How to get stocks for free from M1 Finance

M1 Finance provides $10 referral credit. All you need to do is invite your friends. You must have a funded M1 Invest account to be eligible. Just share your unique referral link with friends.

You’ll get your $10 referral bonus in your Payment Account within 14 days of your friend signing up and funding their M1 account.

A payment account must be an individual or joint taxable brokerage account. Both you and anyone you refer need to have an open brokerage account to receive referral credits. Without a valid Payment Account, you will not be able to receive referral credits.

4. Stash

Free stock value: Get free stock when you spend money on everyday purchases. (Plus earn up to $500 a year when you refer friends)

Stash has helped millions of people to hit their financial goals. With the site, you can invest in fractional shares.

It allows you to invest in thousands of stocks and ETFs with just $1 or less. Amazing, right? If you’ve ever wanted to get into investing, then it’s certainly worth checking out.

How to earn free stock from Stash

There are two ways to get complimentary stocks from Stash.

Use Stock-Back Rewards

Stash differs to the other apps and websites on this list because it actually has a rewards program that gives you cashback on your everyday purchases.

We all know that stores have loyalty programs where you can earn cashback on purchases, like with the Target REDcard for example.

There are even cashback websites like TopCashback (review) and Mr. Rebates where you can earn cashback at literally thousands of stores online.

Drop will even give you cashback just for shopping with your linked cards.

Stash has a rewards program called Stock-Back rewards that sort of works in the same way.

It’s a debit card rewards program that lets you earn pieces of stocks and funds back on qualifying purchases.

The only other thing I’d have to say is that there isn’t a lot of variation. I’ve never had anything sketchy happen to my account or my points or anyth