
The Robinhood referral program is one of the simplest ways to earn free stock without doing anything complicated. You share your Robinhood referral code to your friends and when they join, you both get rewarded.
You can earn up to $1,500 in gift stock per calendar year just by spreading the word. Below we explain exactly how the referral works, who is eligible, how much you can earn, what stocks you can choose, and every rule you need to know before you start sharing. Read on to find out everything.
We found the referral program as one of the most generous ones in the trading scene. But before we explain, here are the advantages and drawbacks we’ve noticed:
Before you share anything with anyone, it helps to really understand what you are inviting your friends into. Robinhood is a financial app that lets you trade stocks, ETFs, options, crypto, and live prediction markets like Robinhood election markets all in one place without paying any commission on stock and ETF trades.
When you refer a friend to Robinhood you are giving someone access to commission-free stock trading, a prediction markets hub with over 1,600 active markets and an app rated 4.3 out of 5 by 4.7 million iOS
| Category | Details | What to know |
|---|---|---|
| Reward for you | $5 to $200 in gift stock | You choose the stock yourself |
| Reward for your friend | $5 to $200 in gift stock | Friends also select their preferred stock |
| Annual earning limit | $1,500 per calendar year | Referral rewards stop after reaching the cap |
| Stocks to choose from | 26 companies | Includes top S&P 500 companies by sector |
| When you can sell | 3 trading days after claiming | Shares cannot be sold earlier |
| When you can withdraw cash | 30 days after claiming | Applies to proceeds from sold shares |
| Claim deadline | 60 days after reward becomes available | Unclaimed rewards expire afterward |
| Reward credited | About one week after claiming | Triggered after friend completes signup |
| Eligible referrers | Existing Robinhood brokerage users | Active account required |
The Robinhood referral program is called Invite Friends, Pick Stock. That name tells you exactly how it works. You invite a friend using your unique personal referral link and when they complete the required steps, both of you get to pick a free stock from a curated list of 26 major US companies. You choose which company you want your gift stock to go toward. Your friend chooses their own separately.
The reward is easy to claim and you do not need a Robinhood promo code. You see the dollar value assigned to you and then you choose a fractional share of whichever company on the list you want to put that value into. The 26 companies available are Robinhood's selection of the two largest S&P 500 companies within the top 13 market sectors. The reward is also not for Robinhood’s prediction trading feature.
The Robinhood referral program has two sides and eligibility rules are different for each.
You need to be an existing Robinhood customer with an active individual taxable brokerage account in good standing. That is it. If you already have a Robinhood account and it is active, you are eligible to refer friends and earn gift stock every time one of them successfully joins.
You must be a US resident who has never previously had a Robinhood individual taxable brokerage account. If you have had a Robinhood brokerage account before in any form, you do not qualify for the referral reward. You must also successfully apply for and get approved for a new individual taxable brokerage account and then link a bank account or debit card to it.
Robinhood also states clearly that employees and contractors of Robinhood or any Robinhood affiliate, members of their households, employees of any securities regulatory organization or exchange, employees of market makers, and registered representatives of any broker-dealer are not eligible for this program.
If you are a new user you will need a Robinhood account first. Use our on-page banners to head straight to the site and create an account first if you’re a new trader. Once you are approved and your bank is linked you can start referring immediately. Existing users can skip straight to step one below.
Launch the app on your iPhone or Android device and make sure you are logged in to your active brokerage account.
On the app tap the Earn Stock section. This is your referral hub where your personal invitation link lives and where you can track any rewards that are pending or ready to claim.
In Robinhood, you will see two ways to send your invite link to a friend. If you tap Invite Contacts, the Robinhood app helps you send the link directly to someone in your phone through text or email. If you tap Share Link, Robinhood copies your personal invite link so you can paste and send it anywhere you want, like WhatsApp, Instagram, Snapchat, email, or any other app.
If you are using Robinhood on a desktop browser, click Rewards in the main navigation. Then click Share Link and copy or send your unique link from there.
Your friend must open your link, download the Robinhood app, create their account, and connect a bank account or debit card. All of these steps have to be finished before the free stock reward works. Once everything is completed, Robinhood sends both of you a notification saying your free stock is ready to claim.
Go back to Earn Stock in the app or Rewards on the web and claim your reward. You cannot use the free stock directly in Robinhood sports markets. First, you need to sell the stock after it is added to your account. Once you sell it, the money becomes cash in your account, and you can then use that cash if those features are available in your region.
The Robinhood referral program is one of the most straightforward ways to earn free stock. Every friend who joins through your link, gets approved, and links their bank earns both of you gift stock worth up to $200. You keep earning up to $1,500 per year, while your friend gets their own reward independent of whatever limit you are at. The whole thing takes a few taps inside the Robinhood app.
Use our on-page banners right now to head to Robinhood, create your account if you have not already, find the Earn Stock section, and start sharing your link today. You must be 18 or older and a US resident. Keep in mind that the offer is subject to Robinhood's full terms and conditions.
Every successful referral earns you gift stock worth between $5 and $200. You can earn up to $1,500 in total gift stock per calendar year. The gift stock must be claimed within 60 days or it expires and you can sell it three trading days after claiming.
On the sharing side you need to be an existing Robinhood customer with an active individual taxable brokerage account in good standing. On the friend side they must be a US resident who has never previously had a Robinhood individual taxable brokerage account.
Open the Robinhood app and tap Earn Stock. From there tap Invite Contacts to send directly to your phone contacts or tap Share Link to copy your unique link and share it anywhere you choose.