You won’t get a Robinhood referral code when you join their website to browse their prediction markets, but you will receive a unique referral link you can share with other US residents. Their referral program involves gift stock.
While you cannot use the gift stock in their prediction markets, a US resident joining via your link and connecting their bank account will trigger a free stock for them and you. We’ll explain more about this below, so you know what’s involved if you decide to take part. They don’t currently have a referral offer related to prediction markets.
You can, but do note that it isn’t connected to their prediction markets or the Robinhood event contracts you can participate in there. If you sign up for a free Robinhood account, you will be able to get a unique referral link that is only associated with you. This means that if you share it with friends, and one or more sign up via that link and meet the requirements, you’ll receive the free stock – and your friend will too. Here’s the process for referring friends.
| Action | Details |
|---|---|
| Share your unique referral link | You can only share it with US residents |
| They sign up using your link | If they don’t use your link, they won’t trigger the bonus for them or for you |
| They must link their debit card or bank account with their new Robinhood account | This is required to unlock the bonus |
| Friend receives approval from Robinhood | This unlocks the free stock for them and for you – it will be in your account (and theirs) |
If you’re focusing on the prediction markets, including Robinhood sports trading opportunities, you can view the referral program as an extra perk, since you cannot pick up any free referral bonuses relating to the prediction markets aspect of their service. With that in mind, we’ve answered some other key questions you might have about the program before you begin sharing your link.
No – you can choose any stock you wish from a predetermined list of top companies provided by Robinhood. Prediction markets work on yes or no outcomes, and you will buy one or more shares in your preferred outcome. Make sure you don’t get stocks and shares mixed up in this instance.
No, this doesn’t involve any Robinhood fees; you just need to select your free stock from the options provided.
Robinhood provides free stock worth between $5 to $200. They confirm that 99% of participants will get $5.
Unfortunately, if they don’t use your link, their account won’t be deemed to have come from your referral, and therefore neither they nor you will receive the benefit.
Not directly, no – you can only refer them to the general site or app and the free stock offer. We did not find any current bonuses connected to prediction markets such as Robinhood election trading or sports trading. We’ll update you here should that change.
Yes – you can receive a maximum of $1,500 in free stocks per year using this method.
It depends on the price of each individual share. It’s possible to buy a partial share if you don’t have enough for a whole one, according to Robinhood’s terms and conditions for the referral program.
It’s best that you do when you qualify to receive the bonus – you will have 60 days in which to do so. If you fail to claim your free stock in this period, you will lose the opportunity to do so.
Anyone you refer to the site should be a minimum of 18 years of age. Proof is required.
Yes – it’s available in all 50 states. Various aspects of the site are regulated by different entities as necessary. The Commodity Futures Trading Commission (CFTC) regulates their prediction markets services. They do this on a Federal level, which means it applies to all US states. Any new members must provide an SSN and evidence of a valid US address to be able to sign up for an account there.
The main drawback we found is that it does not apply to their prediction markets. We did not find any other bonus relating to those either, although things can change. We’ll provide further details of any referral offers or bonuses here if we find them.
If you qualify to participate in the program – your account will confirm this for you – you will be able to find and share your referral link from inside your account. We found it easy to locate inside the app and on the website – look under Earn Stock on the app or under the Rewards heading on the website.
You can visit Robinhood using our links here, to find out more about their range of financial products and the prediction markets now available there as well. There’s no reason why you can’t claim any free stock you qualify for, alongside using the prediction markets in popular culture, sports, and more.
Yes – if they are US citizens, sign up using your referral link, and link their bank account or debit card to their new account, you will both get a free stock.
You must keep the stock in your account for a minimum of 30 days. If you sell it before this point, you will not be able to withdraw the proceeds. There is no limit on how long you can keep it after the 30 days is up.
No – they do not offer a specific referral program linked to the prediction markets. If you successfully refer qualified individuals to the site, you will receive a free stock, with your friend receiving the same as you.
You will be able to locate this inside your account. The link is connected to your account, so if someone signs up through it, you will be credited with a free stock once they have been approved and connected either their bank account or a debit card to their new account.
You will receive a link that is only associated with your account. You can then share this with other qualifying US citizens.
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