How to Get $500 in Free Stocks on Robinhood

Robinhood's referral program is one of the best ways to start building a stock portfolio with free shares - here's how it works and why it matters for new investors.

Jason Franklin
Jason Franklin

September 14, 2018 · 4 min read

How to Get $500 in Free Stocks on Robinhood

Robinhood's referral program is one of the most compelling offers in the investment app space. When you sign up and link your bank account, you receive a free stock valued anywhere from a few dollars to potentially hundreds. Additionally, for each friend you refer to the platform, both you and your friend receive a free stock - creating a genuine incentive to share the platform with others. Over time, a committed user can accumulate hundreds of dollars worth of free shares simply by referring their network.

How Robinhood Democratized Stock Investing for Everyone

The app itself has democratized stock investing by eliminating commission fees, making it accessible to investors who might have been discouraged by the transaction costs of traditional brokerages. For new investors, Robinhood provides an intuitive interface that makes buying and selling stocks straightforward. Combine this with their referral program and the fractional shares feature, and you have a platform that genuinely rewards early adopters while providing a useful financial tool for building long-term wealth.

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Jason Franklin

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Jason Franklin

Forward Thinker. Servant Leader. Technology Enthusiast. Technology leader and community builder based in Texas.

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