referral.wiki

Robinhood referral program

robinhood.com

Yes

Referral program active

The famous 'free stock worth up to $200' is real, but the expected value is about $5 — Robinhood publishes the probabilities itself, and $200 lands roughly once in a thousand.

You get Gift stock, $5–$200 About 99% receive $5; roughly 1 in 1,000 gets $200
They get Gift stock, $5–$200 Both sides get the same draw

We hold no Robinhood referral link

Referral program active

This one is not open to everyone. Whether you can invite anybody depends on your account, and it is offered in-product rather than advertised.

Official terms

Share your Robinhood invite link

We hold no link for this one — nobody can have an account everywhere. Add yours and it goes in front of the next person who asks.

If we already hold a link for this one, yours goes on file rather than live — we swap it in if it turns out to be the better offer.

What Robinhood pays for inviting a friend

Program type
Refer a friend — run by the vendor
Qualifies on
The new customer must never have held a Robinhood taxable brokerage account, sign up via the link, be approved, and link a bank account or debit card. The UK additionally requires a deposit within 14 days.
Payout delay
Must be claimed within 60 days; the stock cannot be sold for 3 trading days and proceeds cannot be withdrawn for 30
Cap
$5,000 of gift stock per calendar year in the US; $1,500 per household in the UK
Availability
Geo-segmented: a US-residents-only program, a separate UK one, and separate EU crypto referral terms

This is the clearest case on the site of a headline number being technically true and practically misleading.

Other Fintech referral programs

Has the Robinhood offer changed?

No changes recorded since we started tracking this.