Robinhood
Commission-free investing platform offering stocks, ETFs, and options. Robinhood's referral program typically rewards new users with free stocks when they sign up through a referral link.
Fairdraw rotates community-submitted referral links so everyone gets a fair chance.
Draw one referral link at random from the community pool.
This link automatically applies the referral — no code needed.
Contribute a referral link
We only accept official referral links. New links are quietly tested before joining the main pool.
About the Robinhood referral program
Robinhood is a popular investing app known for commission-free trading and a simple mobile experience. Its referral program allows existing users to invite friends in exchange for free stocks. When a new user signs up using a referral link and completes the required steps, both parties typically receive a reward.
How the referral bonus works
The Robinhood referral bonus usually provides one or more free stocks once a new user creates an account and meets minimum requirements, such as identity verification and sometimes a qualifying deposit. The value of the free stock varies and is randomly assigned within a stated range. Rewards are typically credited within a few days of meeting the program conditions.
Who this is best for
Robinhood's referral program is best for beginner investors who want an easy way to start trading stocks or ETFs without commissions. It's also popular among users who actively invite friends and want to earn free shares over time.
Pros and cons
Pros
- Simple and beginner-friendly sign-up process
- No commission fees on stock and ETF trades
- Free stock rewards for both referrer and new user
Cons
- Free stock value is randomly assigned
- May require identity verification and funding steps
- Referral program terms can change over time
Frequently asked questions
What do you get from a Robinhood referral link?
Most Robinhood referral promotions offer one or more free stocks after a new user signs up and completes the required steps. The stock value varies and is randomly assigned within a stated range.
Do I need to deposit money to receive the referral bonus?
Robinhood typically requires account approval and identity verification. Some promotions may require a qualifying deposit. Requirements can change, so always review the current terms during signup.
How does Fairdraw work with Robinhood referral links?
Instead of promoting a single person's referral link repeatedly, Fairdraw rotates community-submitted Robinhood referral links at random. This ensures contributors have a more equal opportunity to benefit over time.