First off what are stock shares?
A single share of the stock represents fractional ownership of a corporation in proportion to the total number of shares. The shares together form stock. The stock of a corporation is partitioned into shares, the total of which are stated at the time of business formation. A person who owns a specific percentage of the share has the ownership of the corporation proportional to their share. So in short, when you own a stock share, you own a piece of that company.
Investing in stocks is an excellent way to prepare for the future. You can buy stocks when the price is low and over time you can sell those stocks once they have increased in value. It can provide large gains with minimal risk. Stocks may also provide another source of income. If a company earns higher profits than it needs to support company operations and profitable growth, it may distribute a portion of its profits to shareholders as dividends.
Here are some brokers who offer free shares of stock when you sign up: Every company on this list is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
Robinhood – Robinhood is a commission free brokerage. Robinhood lets you buy and sell shares of stock and exchange-traded funds (ETFs) without paying a commission where other brokers charge around $5 per trade. They also do not charge any monthly maintenance fees like most other brokers will. There are no account minimums or minimum deposits required. Hands down Robinhood is the best brokerage app for beginners interested in the world of stock investing. You can get a FREE share of stock just by opening an account. It’s free money without a catch. Best part is you can receive even more free shares from them by referring your friends & family to Robinhood! You can earn up to $500 in free stocks without ever spending or depositing a penny! The free stocks you will receive are chosen at random from Robinhoods inventory of settled stocks. Each share ranges in value from anywhere from $4 – $150! Shares from companies such as Ford, Sprint, Groupon and more!
Webull – If the Robinhood free shares was not enough then we found another great brokerage app for you! Like Robinhood, Webull also offers free shares just for opening an account! Webull is also a commission free brokerage app with no monthly maintenance fees. When you create and open a account, you get a free share of stock valued between $4 and $1,000. Best part is you can receive a bonus stock share as soon as you deposit $100 into your account! Like Robinhood, Webull also offers a referral program where you can earn even more free shares, simply by referring your friends and family!
NVSTER – NVSTR (pronounced invester) is a trading platform that unlike Robinhood or Webull instead of giving you free stocks you get $15 to $500 free cash to invest when you join. The only catch is you are not allowed to withdraw the funds from your account for one year, you must also make at least one trade within that year to keep your reward from signing up. NVSTR is not a commission free trading platform though. Each trade will cost $4.95.