The Best Free Stock Platforms For Your Family
Here’s the thing about investing: The sooner you start, the better. And we found a company that will give you free stock to get started.
A year ago I started giving my kids investments instead of cash for their chores. Each chore has a value and at the end of two weeks their earnings go into a Schwab account. We talk about which stock to invest in and then watch the waves of ups and downs.
Robinhood
An investing app called Robinhood will give you free stock worth between $5 and $200 just for downloading its free app and funding your account. They now have a kids accounts which is cool.
Yeah, you’ve probably heard of Robinhood. Both investing beginners and pros love it because it doesn’t charge commission fees, and you can buy and sell stocks for free — no limits. Plus, it’s super easy to use.
Whether you’ve got $5, $100 or $800 to spare, it takes just a couple of minutes to sign up, fund your account and get your free stock — a nice boost to help you build your investments.
Robinhood offers users a platform to invest in stocks, ETFs, options, and cryptocurrencies, all commission-free, right from your phone or desktop. In addition, Robinhood also offers fractional shares(ability to purchase a share like Amazon for as low as $1), cash management(earn interest on your uninvested cash), DRIP(dividend reinvestment), and an IRA(retirement account with 1% match). Sign up at Robinhood and get up to $200 in free stock.
SoFI
SoFI will give you $25 for starting an investment account.
Trading View
Trading View will give you $15 for signing up.
Acorns
Acorns is a great robo-investing tool to setup an automated way to invest so you can set it and forget it. Get $5 now for signing up.
Public
Go to Public to earn an invite-only rebate rate of $0.10 per contract traded. Receive $20 worth of the stock of your choice when you fund your account with $1,000 or more.
Gemini
At Gemini trade at least $100 to earn $50 in the crypto of your choice. Sign up and trade at least $100 to earn $50 in the crypto of your choice. The more you trade, the more you and your friend will earn!
Fundrise
Fundrise, just enter your email and earn a $25 voucher when you sign up.
Interactive Brokers
Interactive brokers is one of my favorite trading platforms. Open an account today and start earning up to $1000 of IBKR Stock for free.
Tasty Trade
Another trading platform for more advanced users is TastyTrade.
MoneyLion
MoneyLion is a helpful app with great features like cash advances, credit-building loans, and investing tools. The MoneyLion proposition bundles no-fee checking with investing and borrowing through a digital offering that educates, rewards, and supports members in achieving new financial goals.
Energea
I signed up for Energea to get dividends from investing in renewable energy developments.
