Today, more people are attracted to the concept of free stocks from Robinhood. Robinhood is an online brokerage firm that trades on the Over-the-Counter Bulletin Board (OTCBB). This trading platform offers a platform for small investors to trade without needing to use their own money. Robinhood also has a free website and a mobile application available to their customers. In this article will concentrate on the Robinhood free stock trading program and how to actually get free stocks from this program.
When you sign up with robinhood free stock program, you will automatically be eligible to receive one free stock each month. Each time you refer a stock that turns out to be a successful trade you will be given a commission. Also, each time your referrals sign up and pay for an account they will be given a free stock as well. The great thing about this is you can recommend multiple stocks to your friends all at once.
In order to qualify for free stock trades each month, you will need to open a new account with robinhood. When you do this link your current bank account information including checking or savings. You will also need to provide a list of stocks that you wish to add. Each time you buy or sell shares of any stock you will be adding funds to your account. You may only see small amounts, as these transactions are completed after a small fee.
After you complete your sign up procedure you will instantly be eligible for free stocks from robinhood. You will then be able to monitor the stock market and watch it’s trends using live web feeds. This is definitely something you won’t get when you trade manually. robinhood makes all of their investments through high technology computer programs that monitor the market 24 hours a day and update their findings on a constant basis.
Now that you have started investing and have signed up for a free stock from robinhood you should begin learning how to use it. As I said before, each time you make an investment you are automatically adding funds to your account. This works great because now you are actually investing in things that have been chosen for you specifically. However, as an investor it is always important to remember your overall risk level when investing. robinhood does offer excellent financial advice but you should always educate yourself on how much risk is involved before taking any actions.
One of the best ways to maximize your profits when investing with free stocks from robinhood is to take advantage of leverage. This simply means you can buy more shares at once for less money. This works great in the volatile penny stock market. You want to be sure you don’t use all of your capital on one single trade since you risk losing all of it if that stock loses. Also, it’s always important to diversify your portfolio so you don’t end up losing everything.
Another great way to make money investing with free stocks from robinhood is through referrals. Now here’s where the free part comes in. You actually have to refer people to sign up for a free stock from robinhood account. Now what you do is you open a lead capture page and encourage visitors to fill out a simple form. At the bottom of the form they will need to provide a valid bank account number and other information.
Once you have done this you then put a small button on your website. People will be able to click on this and automatically become a member of your online trading account. You then allow them to add funds to their account by debit or credit card. Now what happens is every time someone plays with their free stocks from robinhood they’ll be credited with a one share point. You’re going to make money every time someone plays their free shares from robinhood using your one share point. This is a very simple process that involves very little time and effort.