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Opening an online brokerage account gives you the chance to build long-term wealth. However, sometimes investing apps give their clients a little extra bonus just for creating an account.
That’s right! You can actually get paid to invest.
For example, you can often earn sign-up bonuses that include cash, share of stock, or even crypto, which can help you invest more money sooner, maximizing your long-term potential for creating and building wealth.
Here are five investing apps that actually pay you to invest.
The Robinhood trading app is a leader in commission-free trading. In addition to a simple, highly functional design, as well as free stock analysis and trades, investors can also earn free shares of stock valued at anywhere from $2.50 to $225.
Here’s how.
According to Robinhood, when traders open a new account, they will be awarded shares of a randomly selected stock. For example, new investors have been awarded stock to highly coveted companies like Apple, Berkshire Hathaway, and Facebook, to name a few.
The free stock and the amount you “win” is determined by playing Robinhood’s pick-a-card game of chance.
WeBull is another generous investing app that gives traders a nice bonus just for signing up.
For instance, upon opening a new account and depositing at least $5, investors can get six free stocks worth anywhere from $34 to $12,600 (depending on how much money they deposit into their brokerage account). And when an investor makes their first crypto trade, they can get $5 in free crypto.
A WeBull brokerage account also comes with commission-free trading for stocks, ETFs, and even options.
The SoFi Invest platform lets investors trade and track their money. And speaking of trading, the app offers commission-free trading on stocks, ETFs, and even crypto. The trading platform is especially geared toward active traders.
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