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Can You Sell Your Free Stock on Robinhood? Here’s What You Need to Know

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Robinhood is running a free stock promotion for the month of November, 2025, offering new users up to $1,700 in free stock during their first year. To take advantage of this offer you must open and fund your account this month to be eligible; Robinhood changes their promos frequently and this is the best we have ever seen from them.

Here is a quick summary of the Top 5 Reasons why Robinhood won our award of the Best Brokerage App for New Investors for 2025:

IMPORTANT: This Robinhood free stock offer only applies to U.S. citizens, permanent residents or those with a U.S. visa. Canadians can get up 15 free stocks with Moomoo–see how in our Moomoo Review! Everyone else should read our Interactive Brokers Review as our best brokerage platform for non-US and non-Canadian citizens.

Robinhood is an electronic brokerage and as such, is regulated by FINRA and registered with FinCEN as a money services business. So that should tell you it is safe to use.

In this article, we’ll guide you through opening your Robinhood account and then maximizing your free stock. And then we will tell you where to get the most dependable stock picks to help kickstart your portfolio.

The Quick Answer

Yes, you absolutely can sell your free stock on Robinhood! But here’s the catch – while you can sell it immediately and use those funds for other investments right away, if you want to withdraw that cash to your bank account, you’ll need to wait 30 days after claiming the stock. That’s just how Robinhood’s referral program works.

What Happens When You Get Free Stock from Robinhood?

So you’ve just scored some free stock through Robinhood’s referral program – congrats! Maybe you referred a friend, or maybe someone referred you. Either way, you’re now the proud owner of some complimentary shares. But what now?

I remember when I first got my free stock (it was some random company I’d never heard of worth about $8) and I was confused about what I could actually do with it.

Let’s break down exactly how this works:

Can You Sell Free Robinhood Stock?

YES! You can sell your reward stock immediately after receiving it There’s no holding period required before selling Once you’ve claimed your reward stock, it’s yours to trade as you see fit.

When I got my first referral stock, I sold it right away because I wanted to combine it with some other funds to buy a different stock I was more interested in The selling process works exactly the same as selling any other stock in your portfolio.

What Can You Do With the Money After Selling?

Here’s where things get a little tricky:

  • Reinvesting the money: You can use the proceeds from selling your reward stock to purchase other stocks, options, crypto, or whatever else Robinhood offers immediately. No waiting period!

  • Withdrawing the money: If you want to transfer the cash value to your bank account, you must keep the value in your Robinhood account for at least 30 days after claiming the reward stock.

According to Robinhood’s official support article:

“After you sell your reward stock, you’re free to use the proceeds from the sale toward other investments. However, 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, there are no restrictions on withdrawing the proceeds.”

A Real-Life Example

Let’s make this super clear with the example Robinhood provides:

If you receive $10 worth of free stock through a referral, and then decide to sell it, you can immediately use that $10 to buy other investments. But if you want to withdraw that $10 to your bank account, you’ll need to wait until 30 days have passed since you claimed the reward.

This waiting period is likely in place to prevent people from gaming the referral system just to quickly cash out.

How to Check Your Reward Stock Value

If you’re curious about how much your reward stock was worth when you received it (which is the amount subject to the 30-day withdrawal restriction), you can easily find this information in your Robinhood account history.

To check the purchase value of your reward stock:

  1. Go to your Robinhood account
  2. Navigate to the “History” section
  3. Look for the entry related to your reward stock

This value is important because it’s the specific amount that’s subject to the 30-day withdrawal restriction.

Common Questions About Robinhood’s Free Stock Program

How Do I Claim My Reward Stock?

When you’re eligible for a free stock, Robinhood will notify you. To claim it:

  1. Open the notification or go to the referral section
  2. Follow the prompts to claim your stock
  3. The stock will be added to your portfolio

Where’s My Referral Reward Stock?

Sometimes people get confused when they don’t see their reward stock right away. If you’ve referred someone but don’t see your reward:

  • Make sure the person you referred has actually completed the sign-up process
  • Check your notifications and messages within the app
  • Give it a little time – sometimes there’s a slight delay

Can I Choose Which Free Stock I Get?

Nope! The stock you receive is randomly selected by Robinhood. Some people get lucky and receive shares worth $50 or more, while most receive stocks in the $3-10 range. It’s like a little lottery!

What I’ve Learned from My Experience

I’ve been using Robinhood for several years now, and I’ve received a handful of free stocks through their referral program. Here’s what I’ve personally discovered:

  1. Don’t get too excited about the value – Most of the free stocks I’ve received were on the lower end of the value spectrum. While Robinhood advertises that you could potentially get high-value stocks like Apple, most people (including me) tend to get the lower-priced options.

  2. Selling and reinvesting works great – I’ve always sold my free stocks and used the funds to invest in companies I actually want to own. This strategy has worked well for me.

  3. The 30-day withdrawal period is strictly enforced – When I tried to withdraw funds that included money from a recently sold reward stock, Robinhood did indeed prevent me from withdrawing that portion until the 30 days had passed.

Is Getting Free Stock Worth It?

Absolutely! Even if it’s just a few dollars, free money is free money. Plus, it’s a great way to get started with investing if you’re new to the platform.

When my friend was hesitant about signing up, I told him about the free stock incentive, and that extra little push was all he needed. He ended up getting a share worth about $6, which isn’t much, but it was enough to get him excited about investing more.

Final Thoughts

So, to sum it all up:

  • Yes, you can sell your free Robinhood stock immediately
  • You can use the money from selling to buy other investments right away
  • If you want to withdraw the cash, you need to wait 30 days after claiming
  • The value of your free stock varies, but it’s usually on the lower end

The Robinhood referral program is a nice little perk, and understanding how it works can help you make the most of your free stock. Whether you choose to hold onto your reward stock hoping it’ll increase in value, or sell it to invest in something else, the choice is yours!

Have you received free stock from Robinhood? What was your experience like? We’d love to hear in the comments!


can you sell your free stock on robinhood

How Do I Get up to $1,700 in FREE STOCK with Robinhood?

To open a Robinhood account, all you need is your name, address, and email. To get your free stock you will need to fund your account with at least $10 within a few days of opening so you will also need your bank account routing and account number.

As its current promotion, Robinhood will immediately give you FREE MONEY (between $5 and $200) to invest in a set list of stocks when you open a new account. You will be given your unique referral link. You will receive more free money (again valued at $5 to $200) for each person you refer. The more people you refer, the more you get up to a max of $1,500 a year. To learn more, visit Robinhoods free stock promo page below.

Why do they give away so much free stock? Because they spend their advertising dollars this way instead of buying TV, radio, print, or online ads! They WANT you to refer friends!

We also like how this app appeals to younger investors because you can use it on your smartphone.

This means you can view your investments and make trades anywhere and anytime.

Sounds pretty good, right? But you may be wondering how is all of this possible?

How Does the Free Stock Promotion Work?

Here’s exactly what it says from the Robinhood website and the details of this offer:

But here is the one thing you have to understand. Notice it says “between $5 and $200 cash value.” Robinhood’s current offer as of May, 2025 says most will receive a value of between $5 and $10. But if you refer your friends and family you will get more free stock and increase your chance of getting $200. Two years ago, one of my stocks that I got for referring a friend was a free share of Microsoft, back when it was about $200 a share. So they absolutely do give stocks up to $200.

Best of all, since Robinhood does NOT charge a commission, if you don’t like the stocks you are getting for free, just sell them and buy what you want. You should definitely take advantage of this Robinhood Free Stock Giveaway!

How To Sell Your Stocks on Robinhood – Quick Tutorial

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