Get a Free Stock worth up to $1000 with Webull Free Stock Promotion

These days, when you hear the word Free, most will assume that it comes with a catch attached to it. And in the era where the words Freebies and Freemium are tiers synonymous to just about every type of service and product available to you, you can best believe that the value of Freemium services and products are not made the same.

Although it doesn't happen everyday, it is rare to know that you can receive a service and a product 100% Completely FREE, and thanks to Webull, by simply singing up for their platform, you can receive a Free Stock in a company as part of their Free Stock Promotion.

Not familiar with Webull? It’s a commission-free investing app that lets you buy and sell stocks for free!

Now, I know most are thinking exactly what I was thinking when you hear something like this– freebies always come with a hidden cost, so exactly what is it? 

Well in this case, you do not have to give up any of your cash, trade your precious time or share any of your personal information either, just sign up for the platform and open your free brokerage account, and once your account is approved, you can claim your free stock!

This is what's so awesome about Webull’s free stock promotion– it's 100% Free. Just sign up for a free Webull account and claim your FREE SHARE of stock. It’s that simple.


One of the great things about the Free stock promotion is that once you open your Webull account, you’ll get your own referral link that you can share with friends and family and when they sign up, you’ll both get a free stock when they sign up!

How To Claim Your Free Share

1. To be eligible for your free share, you must be new to Webull. (If you’ve already opened a brokerage account with Webull, you won’t be able to qualify for the new account free share, however, you will be able to still get free shares by referring friends and family.)

2. You need to sign up using a special referral link like the one below.

(Full disclosure, this link belongs to Lab172 and if you choose to use this link to sign up, we’ll get a free share too!)

Get Your Free Stock Now!

When you click the link above, you will be taken to the sign-up screen where you will have the option to provide either your phone number or email address to sign up. Depending on which method you choose, Webull will send you a verification code via text or email. Once you enter the verification code, you are half way there!

Now, similar to many other apps like stock trading platforms, Webull is an app-only platform, so to move forward you will be required to download the app which is available for iOS and Android devices.

Once you’ve downloaded the Webull app, it’s time to register for a brokerage account.

To open your free brokerage account, you must be 18 years old and you'll need to provide some of the standard, but basic information like your name, address, and date of birth , including your SSN and your State ID or Drivers License number. The entire process takes less than 5 minutes and once you've filled our all required information, submit your application. 

Approval of your application, for most, usually takes less than 1 hour, but depending on when your application was submitted (like over the weekends) or the information that was submitted, it can take 2-3 business days.

Once your application is approved, you will get a notification from the app letting you know that your account is approved. After that, all that is left to do was claim my free share!

To do this, you will open the Webull app, click on the Menu tab, then click on My Free Stock!

That's it!

From here, it usually takes about 5 trading days for the stock to show in your account, then you are free to sell it and withdraw the cash, buy stock in a different company or you can just let it sit and grow. Its all up to you!

What kind of Shares are you getting for the Free Stock Promotion?

The free shares that's rewarded to you are valued anywhere between $3 and $1,000, depending on market activity, but the average share rewarded is valued around $5. Webull randomly select stocks with a minimum market capitalization of $10 billion and is listed on either the NYSE-listed or NASDAQ-listed markets.

As stated in Promotion Rules-

"Stock allocation is random and determined by an algorithm. As such, odds of allocation of specific stocks can vary at any given point in time according to the composition and levels of the program inventory. At its discretion, management reserves the right to adjust program parameters. The current program inventory is composed of widely held, recognized brand names and consumer & service-related industries."

To get an idea of the value of stock you may receive, here is a breakdown of the approximate odds of receiving shares within certain ranges:

Stock in the $4/share - $6/share range- approximately 1:1
Stock in the $10/share -$20/share range – approximately 1:24 
Stock in the $50/share -$100/share range – approximately 1:200
Stock in the $150/share -$250/share range – approximately 1:333
Stock in or above the $1,000/share range – approximately 1:1,000

Referring Friends and Family

As mentioned earlier, Webull also gives you free stock for referring friends and family members and the referral program allows you to earn up to $1,000 in free shares. Once your friend opens an account using your referral link, you’ll receive a notification. Then simply log into your Webull account, go to the Menu option tab, then go the My Free Stock option to claim your free share.

The Webull Free Stock Promotion is a awesome program that they are running and can be a great way for you to get started in the investing world if you haven't started or it can be another addition to your portfolio. Either way, its a no strings attached free share that's waiting for you to claim! 

If you use our link to sign up, let us know. We will love to know which random stock you were awarded!
  

Investing on the Robinhood App - Lab172

Robinhood lets you invest in stocks commission free!

Robinhood, is a popular mobile-first stock brokerage for iPhone, Apple Watch, and Android that allows customers to buy and sell stocks on U.S. exchanges with $0 commissions. 

The investing app, founded in 2013, has since made waves in the investing industry by simplifying the way you invest your money and bringing along with it, a crowd of young and new investors. What Robinhood has done was they revolutionized the industry by wiping out the high costs of investing on the stock market. 

Before, in order to buy stocks, you would need to go online to a stock brokerage firm or to the firms app, and purchase stocks- usually for a fee of $4-$10 per trade depending on the brokerage firm you use. What Robinhood did was got rid of those fees, opening the door for investors to make unlimited stock purchases without being charged those hefty fees for each investment.

For someone with little money to invest with, this allows them to put 100% of their investment dollars to work buy buying more stocks.

Lets take a deeper look at why this app is so unique.  

Features

• Commission Free Trading on the app

• Access market data and quotes in real-time

• No account minimums

• Build a personalized stock watchlist with historical market data and detailed charts

• Place market, limit, stop loss, stop limit, and good till canceled orders

• Track your portfolio through our Notification Center widget

Robinhood is also available on the Apple Watch with features that includes 

• Check your portfolio’s overall performance

• View at your watchlist and view detailed information

• Buy and sell stocks directly from your Apple Watch

How It Works

Signing up on the platform takes less than 5 minutes. To get a Robinhood account, you’ll need to download and sign-up through the app. After you’ve signed up, you’ll need to connect Robinhood to a bank account in which you’ll fund your new Robinhood brokerage account with. 

Once you make the first transfer it will take up three days for your money to appear in the app ready to trade stocks. In some cases, it will become available immediately. Trading in the app is pretty much easy and can get addictive once you've got started. With this in mind, we recommend that you research the companies that you are investing in very thoroughly before purchasing.


Researching Stocks on the App

One area we feel that has some room for improvement is the ability to research the stocks you are purchasing on the app. If you are researching different stocks, you will be able to see common features on similar platforms including their most recent headline news, company stats, a snapshot of their quarterly earnings for the entire year and a short bio of the company. Now when we said there is some room for improvement, it is because we love this app very much. 

We feel that if they add some small additional features to the app like being able to look at the entire history of the stock performance, a discovery feature that allows you to better find companies within the app and most importantly, allow you to automatically reinvest your dividends, or DRIPs (dividend reinvestment plans). 

This alone would send Robinhood into a whole different league than its' current competition. Until then, we would recommend to have a mix of researching tools available when you are using the app.

Cost and Fees

It is absolutely free to trade stocks on the Robinhood platform. However, there is some fees associated with selling your stock, a fee charged by the US Securities & Exchange Commission and FINRA on all sell orders. 

This fee is charged to all sell orders, regardless of the brokerage you choose. Other fees may include Return Check/Wire Fee, so if there isn't any money in the bank to cover your transaction on the app, you will be charged $30.

Check out the full Commissions & Fee Schedule below!

Security on the Platform

Robinhood is a very secure platform and according to their support portal on their website,

"Robinhood uses bank-level security measures to protect your personal information. Your password, social security number, and other sensitive data are encrypted. Our mobile and web applications communicate securely using SSL and 256-bit encryption.

We do not store your online banking credentials and never will. Your banking credentials are used once to authenticate and verify the account you provide belongs to you."

It is also worth mentioning that Robinhood Financial is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash).

One great security feature on the app is the Touch ID or custom pin code you can set to securely access your account. This feature also gets you into your account much faster than having to type in your entire email address and password.

Dividends

One great thing about this app is that you can also buy dividend stocks on the market and if a dividend is paid out, you will receive your payment directly in your account. Any scheduled dividends will appear in the top portion of the screen under “Pending”, and will list out each issuing security along with the scheduled date and amount.

Also, any recent dividends will be listed below alongside the pay date and amount. Dividends older than one month will be below that under the “Older” section.

To complete these transactions, Robinhood is partnered with the clearing firm - Apex Clearing, which actually process your dividends automatically. The cash dividends are credited as cash to your account by default, but not automatically re-invested in the dividend-issuing stock.

Dividend Reinvestment (DRIP)

At this time Robinhood does not support dividend reinvestment but according to their website, it is a feature that is in popular demand for the platform and they seem to be working on introducing it very soon.

This is what we were referring to when we said that there is room for improvement. Many investors love the idea of a DRIP plan and this feature would certainly be great for Robinhood, and potentially bring new users on board.

Conclusion

The Robinhood app is a very impressive platform to trade stocks commission free. The top standout features on the platform is the ability to trade stocks for free and the fact that there is no account minimums. 

The overall user experience is great and is very user friendly, allowing you to easily purchase and manage your stock all from one app. One possible reason Robinhood is so popular among younger and new investors is not only because you can trade stocks for free, but the apps' ease of use. It is a straight to the point investing platform and does away with all of the unnecessary frills and confusion that surrounded the investing market for years.  

Overall, Robinhood is a must have app if your are looking for a simple and free way of trading on the stock market directly from your phone. 

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