How does it work?
We’ll add 1 share of free stock to your account when your brokerage application is approved. You’ll be able to keep the stock or sell it after 2 trading days.
How does Robinhood choose which stock I get?
When your application is approved, your share of free stock is chosen randomly from our inventory of settled shares. The value of the share may be anywhere between $3 and $150, and fluctuates based on market movements. We choose companies and purchase stocks every day into the inventory based on their total value and the price of each share.
When can I take the money out of Robinhood?
You have to keep the cash value of the stock in your account for at least 30 days before withdrawing it. After the 30-day window, there are no restrictions on the money.
- If we add 1 share worth $10 to your account, you cannot withdraw the $10 you receive by selling the stock for 30 days.
- If we add 1 share worth $10 to your account and you deposit $100 dollars into your account, you can only withdraw $90 until you sell the stock bonus. After you sell the share, you will be able to withdraw an additional $10.
This is great! Can my friends get it too?
This promotion is only available to a select group of users for a limited time. Unfortunately, we can’t guarantee that your friends will receive the same offer. We still encourage you to spread the word about Robinhood, though!
It didn't work for me?
The signup bonus is only available for a select group of people. If you downloaded Robinhood because of an ad that you tapped please contact firstname.lastname@example.org.
Offer only valid for selected individuals who have not completed their Robinhood application, individuals who have an approved account with no activity, and individuals who do not have a Robinhood account, who have an open retail brokerage account within 30 days of offer extension. Individual must sign up through promotional page (or advertisement) to be eligible. Stock bonus will be credited to the enrolled account within approximately one week.
Robinhood reserves the right to change the offer terms or terminate the offer at any time without notice. The offer is limited to one per account, with no more than one account enrolled per customer. The stock bonus, when combined with the value received from all other offers in the last 12 months, may not exceed $500 per household. The offer is not transferable, saleable, or valid in conjunction with certain other offers and is available to U.S. residents only. Employees, contractors, or persons similarly associated with Robinhood or a Robinhood affiliate; members of their household; and employees of any securities regulatory organization or exchange are not eligible. Robinhood may decline requests to enroll in the offer at its discretion. Other restrictions may apply.
The stock bonus is one share selected randomly from Robinhood’s inventory of settled shares held for this program. When shares are purchased into this inventory, Robinhood purchases shares from the three companies representing the highest market capitalization in each range of share price between $3 and $150. Stocks are purchased into the inventory from companies targeting an average value per share of $10. The average value of a stock bonus may, however, vary from $10 due to market fluctuations. There is an approximately 80% chance of the stock bonus having a value of $3-$10, an approximately 18% chance of the stock bonus having a value of $10-$50, and an approximately 2% chance of the stock bonus having a value of $50-$150, based on the price of shares at the time of purchase.
Shares from stock bonuses cannot be sold until 2 trading days after the bonus is granted. The cash value of the stock bonus may not be withdrawn for 30 days after the bonus is awarded.
Receipt of a share of stock through this program is not a recommendation or solicitation of the security, nor is identification of a particular security in advertisements related to this program. Robinhood does not provide investment advice and does not recommend any security, transaction or order.
Consult with your tax advisor about the appropriate tax treatment for this offer and any tax implications associated with receipt of a stock bonus before enrolling. For taxable accounts, the value of all Robinhood offers received may be reported as Other Income on a Form 1099-MISC where required by applicable rules and regulations. Robinhood does not take responsibility for any tax related to this Stock bonus.