Popular Investing Apps In The Jewish World
While much of the Jewish world passionate about personal finance has focused on the opportunities present in free travel from credit card points, there is a new class of offering gaining in popularity. With the advent of zero-fee stock and options trading platforms, we see a growing interest from the broader Jewish community for investing and apps that make it easy. After all, the opportunities for increasing one’s wealth in the stock market is arguably unrivaled when navigated wisely.Â
Further, in light of the uncertainty of the current times, the platforms we overview, offer an opportunity to get free money in the form of stocks without having to spend anything. Their offering of free stock makes taking either one of these apps for a test drive a win-win. From the young person interested in learning the markets to more seasoned investors seeking a way to conduct fast on the go trades, both apps provide that and more.
Both apps we review are free to open a new account, and there are no zero fees and zero commissions.Â
Some of the links on this site are affiliate links, which means that we may receive a commission if you choose to sign up. This commission comes at no additional cost to you.Â
Webull Â
The Offer: After opening a Webull account and depositing $100 or more, you get a TWO free stockS (valued $8-$1,600 each).
This offer is regularly for only 1 stock but through 10/15/2020 they are offering TWO!
Webull was founded in 2017 considerably after Robinhood, though both are quite similar. Webull offers more advanced features, while Robinhood is more simplistic and self intuitive. In terms of getting free stock, though, Webull provides a higher potential bonus at two free stocks valued up to $1,400 while Robinhood offers one free share valued at up to $200.Â
Pros Of Webull
- A free stock worth valued at $8.00 $1,600 after depositing $100
- Zero fees, commissions or cost of any kind to trade
- Offers paper trading account with all of the functionality of a real trading account but uses fake money to help test trading strategies.
- Users can conduct short selling of stock
- Has comprehensive tools, analysis, and real-time data streams for better investment decision-making
Get Free Stock From Webull ⇒
RobinhoodÂ
The Offer: After opening a Robinhood account, you get a free stock. There is no deposit required to get the share.Â
Founded in 2013
, Robinhood changed retail investing by making it free and extremely self-intuitive to trade a variety of stocks, ETF’s, options, and bitcoin, among others. They also provide the ability to purchase fractional shares, which means that smaller investors can get in on the action for more expensive stocks.Â
Pros Of Robinhood
- Up to $200 of free stock for signing upÂ
- Zero fees, commissions or cost of any kind to trade
- Extremely self intuitive user experience with almost no learning curve
- Trade a variety of stocks, ETF’s, options, and bitcoin
- Ability to purchase fractional shares, which means that smaller investors can get in on the action for more expensive stocks such as shares of Amazon.com ($2,500+/share)
- Charts, research, and tools for the more well-versed trader
Get Free Stock From Robinhood ⇒
Assurance Of Legitimacy
Webull and Robinhood are both regulated by the Security and Exchanges Commission (SEC), and the Financial Industry Regulation Authority (FINRA) and investments are insured by the Securities Investor Protection Corporation (SIPC) up to $500,000 giving users peace of mind and assurance of legitimacy.Â
Both apps also offer a mobile-app-based version and a web-based version for computers that do not require a download, so regardless of device type, you can access the platforms.Â
All investments involve risk, and the past performance of a security or financial product does not guarantee future results or returns.Â
