My Experience with Free Stocks Promotion Online Stock Trading Platform Brokers – What Have I Gotten So Far From WeBull & Robinhood Referrals
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Ever since I started investing, every time I talked to my friends & family and the conversation turns to investing, the most common question that I get is “Which broker should I use?”
Honestly, nowadays since most brokers have offered free transaction fee, if you are not going to invest using margin, you can’t really go wrong with online brokers. Especially those that give you free stuffs upon signing up like WeBull and Robinhood.
I have been recommending WeBull & Robinhood to my friends and family, even those that are still on the fence. I figure, while they consider whether they should invest or not, by registering and getting free stocks, they already have 1 foot in. If they end up deciding not to invest, they can always sell the stock and make some money out of it.
Disclaimer: This is not a financial advice because currently, I have no plan in selling any of this holdings. I got them for free anyway and I am curious to see how they perform in the future.
If you are still on the fence on which broker to use, then I suggest you sign up for both WeBull & Robinhood while you decide and get your free stocks using the link below.
I, myself use TD Ameritrade as my main broker but I do keep my WeBull & Robinhood account as my “Hail-Mary” account. I am not going to sell any of my positions in those account because I am curious to see how they perform.
WeBull
WeBull is one of the 2 online brokers that offer you free stocks upon signing up and depositing. They also consistently have promotions where if you refer friends, you can get up to 5 stocks for free (valued up to $1,400) or if you refer 3 friends you can get up to 17 free stocks.
Personally, I have found WeBull’s app to look very good and my only gripe is that they do not offer DRIP (Dividend Reinvestment Program). Also, they could benefit from a speedier customer service.
However, their constant free stocks promotion make it worth it to at least register and deposit. There are many posts online where people actually get MSFT (Microsoft) or even TSLA (Tesla) as their free stocks.
For example, for the month of July 2021, if you register using my link below, you will be able to get 3 free stocks and I have been referring them to friends & family who are still on the fence about starting a portfolio.
| Ticker | Company Name | # of Shares | Valued at | Current Value | Gain/ Loss |
| S | Sprint | 1 | $5.82 | $9.26 | $3.44 (59.1%) |
| ISBC | Investors Bancorp Inc. | 6 | $11.99 | $9.25 | -$16.45 (22.86%) |
| SNAP | SNAP Inc. | 1 | $18.23 | $38.54 | $20.31 (111.41%) |
| VG | Vonage Holdings Corp. | 1 | $9.14 | $12.11 | $2.97 (32.49%) |
| AGI | Alamos Gold Inc. | 1 | $9.48 | $9.06 | -$0.42 (4.43%) |
| ZNGA | Zynga Inc. | 2 | $8.66 | $8.14 | -$1.04 (6%) |
| Total | $126.12 | $131.49 | $5.37 (4.26%) |
S (Sprint)
I received a share of Sprint when I first register and open an account with WeBull. Ever since then, Sprint has merged with T-Mobile and since WeBull does not allow fractional share, the share is considered sold.
- # of Shares: 1 Share
- Valued at: $5.82
- Current Value: Sold due to the merger with T-Mobile at $9.26
- Gain/ Loss: $3.44 (59.1%)
ISBC (Investors Bancorp, Inc.)
ISBC is a banking company in all regards that you expect them to be. They deal with loans commercially and to individuals, insurance offerings and bank accounts.
- # of Shares: 6 Shares
- Valued at: $11.99 (Average over 6 shares)
- Current Value: $9.25
- Gain/ Loss: -$16.45 (22.86%)
I kept them in my account because they are a pretty stable company and they do give out dividend. I believe once the pandemic is over, the stock will rebound.
SNAP (Snap, Inc.)
SNAP is the company that created Snap Chat, Spectacle and Bitmoji.
- # of Shares: 1 Share
- Valued at: $18.23
- Current Value: $38.54
- Gain/ Loss: $20.31 (111.41%)
I am absolutely out of my depth with SNAP but like ISBC, I am planning to keep it and see how it goes. The fact that it’s been up 111+% doesn’t hurt
VG (Vonage Holdings Corp.)
Vonage is a telecommunication company much like AT&T, T-Mobile, Sprint & Verizon.
- # of Shares: 1 Share
- Valued at: $9.14
- Current Value: $12.11
- Gain/ Loss: $2.97 (32.49%)
My only exposure to them was 2 years ago when I was in Europe and used their pre-paid SIM card. I had good experience using their SIM card and I had reception everywhere. They are also currently up and I am just going to let it ride.
AGI (Alamos Gold Inc.)
AGI is a Canadian gold and other precious metals mining company
- # of Shares: 1 Share
- Valued at: $9.48
- Current Value: $9.06
- Gain/ Loss: -$0.42 (4.43%)
I have absolutely no idea what this company does.
ZNGA (Zynga Inc.)
Zynga is the company behind the hit mobile games and Facebook games like Farmville and Words with Friends. I honestly don’t know how well their game styles will perform since I believe it lacks economic scalability.
I also think that their market tends to get bored with their games easily because their games are usually meant to be quick games and do not have high re-play value.
- # of Shares: 2 Shares
- Valued at: $8.66 (Average over 2 shares)
- Current Value: $8.14
- Gain/ Loss: -$1.04 (6%)
Robinhood
Robinhood is the other online broker that offers free stock upon signing up and depositing to the total of 2 free stocks.
Usually, I recommend everybody to sign up for WeBull and Robinhood because well, free stocks is free stocks.
In the end, it all comes down to which platform you are more comfortable with and you can’t really go wrong with either ones. Once you get your free stocks, you can either sell them or transfer them to the broker that you prefer.
Right now, if you click and register using the link below, you will be able to get 2 free stocks when you register and link your bank account.
| Ticker | Company Name | # of Shares | Valued At | Current Value | Gain/ Loss |
| BCRX | BioCryst Pharmaceuticals Inc. | 1 | $2.97 | $4.45 | $1.48 (49.83%) |
| GPRO | GoPro Inc. | 2 | $4.05 | $7.34 | $6.58 (81.23%) |
| GME | GameStop Corp. | 1 | $5.99 | $12.06 | $6.07 (101.34%) |
| PLUG | Plug Power Inc. | 1 | $4.02 | $25.00 | $20.98 (521.89%) |
| Total | $21.08 | $56.19 | $35.11 (166.56%) |
BCRX
BioCryst Pharmaceuticals is a pharmaceutical company that develops oral drugs. One of their drugs is RAPIVAB which is used to treat flu symptoms.
- # of Shares: 1 Share
- Valued at: $2.97
- Current Value: $4.45
- Gain/ Loss: $1.48 (49.83%)
GPRO
GoPro needs no introduction as one of the first company in the world that develops and market action camera successfully.
Around 5 years ago, I wanted to invest in the stock market and despite research and recommendations, I did not want to invest in index fund. Instead I chose to invest in company where I like the products. GoPro was one of them and at the time, GPRO was trading at high $50.
I decided to purchase 100 shares of the company and a few months later, my $5,000 has plummeted to $800, which was when I decided to exit my position.
What did I learn from this?
A well-made product is not necessarily made by a well-run company.
- # of Shares: 2 Shares
- Valued at: $4.05 (Average over 2 shares)
- Current Value: $7.34
- Gain/ Loss: $6.58 (81.23%)
GME
GameStop. They. Are. Dying.
- # of Shares: 1 Share
- Valued at: $5.99
- Current Value: $12.06
- Gain/ Loss: $6.07 (101.34%)
Update #1 (June 2021): I know I said they are dying, but in February 2021, there was a short squeeze happening to GME that causes the price of the stock to skyrocketed to $300. I ended up selling all my shares at $265
PLUG
PLUG is a company that develops alternative fuel cells for use in equipment and vehicles. They have customers like Nike, Wal-Mart & BMW.
- # of Shares: 1 Share
- Valued at: $4.02
- Current Value: $25.00
- Gain/ Loss: $20.98 (521.89%)
Like SNAP, I am out of depth with PLUG but they have been up 521.89% so I am just going to leave it in my Hail-Mary account.
To Sum It All Up
| Brokerage | Valued At | Current Value | Gain/ Loss |
| WeBull | $126.12 | $131.49 | $5.37 (4.26%) |
| Robinhood | $21.08 | $56.19 | $35.11 (166.56%) |
| Total | $147.20 | $187.68 | $40.48 (27.5%) |
Like I said above, my WeBull & Robinhood account is not my main brokerage account and I am not planning to sell any of my positions in these 2 accounts. I am doing this to highlight even though it’s free stocks, well, it’s still money, $187.68 to be exact.
Update #1 (June 2021): As of June 2021, I did made a profit of selling my $GME stock at $250 in February.
