Robinhood - Get a free share worth £6
- Time needed
- 5 mins
- Deposit
- £0.10
Robinhood is a good platform for active trading and provides commission-free trades on all investments. New users can get a free share worth up to £140 for signing up through the refer a friend scheme.
How to claim your £6
- 1
Sign up here - Follow the steps to create your account and deposit £0.10+.
- 2
Once verified you'll get a notification that your free share is ready. And an "Earn stock" button will appear in the app. Click it, choose which share you want (Google, Microsoft, Amazon, etc). These will be worth between £6/$7 and £140/$175.*96% of rewards are worth between $7-$8.
- 3
You can then refer others to get another free share. All they need to do is deposit £0.10+ - they will also get 1 free share for signing up. Win/win!
- 4
You can sell your reward stock 3 days after you claim it. Once you’ve sold it, you can use the proceeds from the sale towards other investments.
- 5
If you want to withdraw the proceeds, you must keep the cash value of that stock in your account for at least 30 days after claiming it. After that 30-day window, you can withdraw your reward proceeds with no restrictions.
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Robinhood FAQs
Is Robinhood legal in the UK?
Yes — Robinhood launched officially in the UK in 2024.
To open a UK account you must meet certain requirements: be 18 or over, have a valid National Insurance number, a UK bank account, and be a UK resident for tax purposes.
Is Robinhood still trustworthy?
Robinhood is authorised for UK customers by Robinhood U.K. Ltd and regulated under the UK regime.
That said: unlike many UK brokers, Robinhood does not use the UK investor protection scheme (Financial Services Compensation Scheme / FSCS) for UK‑based customers. Instead, your securities and cash are held via their US clearing broker, under the US protection scheme Securities Investor Protection Corporation (SIPC).
SIPC protection (for US securities) covers up to US $500,000 (including up to US $250,000 cash) if the broker fails.
Also, UK‑residents using Robinhood should be aware of different tax implications (dividends, US withholding tax, UK capital gains tax, etc.) compared with UK‑domiciled investments.
How can I get a signup bonus for Robinhood?
As part of its UK launch, Robinhood offered a free share reward to new users who sign up and fund their account. The reward is a fractional share valued between $7 and $175.
The eligibility typically requires account approval and an initial deposit, after which the free share is credited.
Many of these promotions also extend to referral schemes — referring friends or family can entitle both parties to additional share rewards.
Does Robinhood have a refer a friend scheme?
Yes, Robinhood has a refer a friend offer.
Right now, you can get a free share worth £6-140 just by creating an account and depositing £0.10+.
Have a referral link to share? Share it on our sister site here.
Similar 'Free Shares' offers:
- eToro – Get $50 in free shares when signing up15 minutes
- Webull – Get ~£12+ in free shares5 minutes
- Invest Engine - Get a free share worth up to £1005 minutes
- Freetrade - Get a free share worth up to £1005 minutes
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