If you invest in the stock market or cryptocurrency you’ve probably heard of the Robinhood app. Robinhood took the investing and trading world by storm by releasing the first No-Fee stock trading app for ios and android. People were used to paying anywhere from $5-20 per trade with brokerages everytime they wanted to buy or sell stocks. Robinhood changed all that by offering a 100% safe (federally insured by the US government up to $500,000 in stocks and $250,000 in cash) stock trading platform to enable anyone to trade stocks with as much or as little money as they want. If you haven’t signed up yet you are in the right place! We have Robinhood Promo Codes for 2018 that give you free stock shares as a signup bonus. Yep not only is it a free app, they actually give you your first share of stock for free!
Robinhood Promo Code July 2018 – Free Stock Bonus
Getting you’re free stock on robinhood is super easy. Just follow our guide on how to activate the promo code on your account below:
Step 1) To automatically activate the free stock promo code on robinhood you just need to click here!
Step 2) That’s it. After clicking on the link above you’ll be able to claim your free stock on robinhood.
They make it super easy so you don’t even have to enter a specific promo code or anything else to get the bonus offer. This link is always updated and working so you are good to go!
What You Need To Know About The Robinhood Stock Trading App
- Is Robinhood safe to use or is it a scam?
- Yes! Robinhood is completely safe to use. I know it’s hard to believe that a free service like this wouldn’t have a catch but it’s completely safe. Just like any other large brokerage (TD Ameritrade, E-Trade, Ally, Charles Schwab, Vanguard….) it is an SEC-registered broker-dealer. Additionally, they are a member of both FINRA & SIPC. Plus the app is completely secure and encrypted. You don’t need to worry about adding your social security number or any personal information to the app. You are 100% good to go. Just grab your free stock code above and start investing like Warren Buffet!
- How does Robinhood make money?
- Robinhood makes most of it’s money two ways. First they offer premium services through Robinhood Gold which allows you to trade on margin, access funds quicker, and a few other perks. Second, people have money in their accounts that they haven’t invested which is sitting as cash. Robinhood is able to invest this cash is secured investments that generate small rates of return. The investments are completely safe so they aren’t giving them huge gains but 1% of a billion dollars is still 10 million dollars. They even have enough money left over to give away free stocks to new users with the coupon code above!
- Any cool Robinhood facts?
- How is this for a cool fact, Snoop Dogg is actually one of the early investors in Robinhood. Bet you didn’t know that!