Invite friends in the UK, pick stocks
We think investing is better with friends. For each UK friend you invite to join, you’ll get 5 individual fractional share rewards. Terms and conditions apply.
As soon as your friends sign up, get approved and make their first deposit, we’ll credit your Robinhood UK brokerage account.
Keep in mind, your friends need to complete this before the date listed in the promotional screen for you to be eligible to receive a reward.
You can receive up to $1,500 in referral rewards each calendar year, so feel free to spread the word. This offer is valid until 11:59 PM UTC on 31 December, 2024. The value of your investments can go up and down, and you may get back less than you invest.
You and your friends must be UK residents to be eligible for this reward.
You will be issued 5 fractional share rewards. Note that 96% of rewards are each worth $7 to $8. You can then choose to buy stock from a list of our top traded companies. Fractional shares are pieces (fractions) of whole shares of a company.
The list of companies you can choose from are selected by market cap for their respective sectors. The stocks that are available to choose from are selected by choosing the 2 largest S&P 500 companies within the top 11 sectors based on market cap per 13 September, 2023 data shown by TradingView, an unaffiliated entity. Occasionally, Robinhood's inventory of settled shares may not include any given stock among this group for various reasons, including if Robinhood is out of inventory for any given stock or fractional stock.
All logos and brands referenced are for identification purposes only, remain the property of their respective owners, and do not imply any endorsement or affiliation.
Neither receipt of stock through this program nor identification of a particular security in communications related to this program constitutes a solicitation of the security or a recommendation to buy, sell, or hold the security. The selection of stock is not individually tailored to your circumstances. Robinhood does not provide investment advice or recommend any security or transaction.
When your reward is ready, we’ll send you a notification prompting you to claim it. If you don’t use the notification, you can claim your reward in Earn stock in the app or in Rewards on the web.
You have 60 days to claim your reward stock before it expires.
Your invitees in the UK will need to successfully sign up, get approved, and make their first deposit for you to receive the reward.
The reward value you receive could be anywhere between $7 and $175 per fractional stock. Keep in mind that approximately 96% of the participants will receive a reward having a value from $7 to $8 that you can use to claim a share or fractional share of a stock (based on the average 2023 exchange rate of 1.24, this is equivalent to approximately £5.65 and £6.45).
You can sell your reward stock after you claim it. Once you’ve sold it, you can use the proceeds from the sale towards other investments.
Stock rewards shares cannot be sold until 3 trading days after the reward is granted and the cash value of the stock rewards may not be withdrawn for 30 days after the reward is claimed. Stock rewards not claimed within 60 days may expire. All investments involve risks, including the possible loss of principal.
Let’s say you receive $10 worth of stock, and then sell the stock you picked. You can’t withdraw that $10 until 30 days have passed.
You can receive up to $1,500 in stocks per year through this program, and the price of the stock you receive will be listed in History and Statements. You'll stop receiving reward stock after you meet your $1,500 limit.
However, your friends in the UK will still receive a stock if they sign up with your invite link and satisfy the conditions of the promotion.
The fair market value of your stock reward, at the time you claim it, will be subject to US NRA (Non-Resident Alien) withholding tax. The applicable withholding tax will be automatically deducted, before you are notified of the amount of the stock reward. For example, if the value of the reward you receive is $7, an additional $3 will have already been allocated to settle the tax liability. This means the total value of the reward is $10 ($7 reward plus $3 withholding tax). This will be reflected on your annual US IRS Form 1042-S. In addition, you will see the relevant cash movements on your account statement.
You receive a $7 reward (net), which is the result of 3 account transactions that will be shown on your monthly statement:
The result is a net account deposit of $7 in stock.
US tax reporting:
Robinhood U.K. Ltd (Robinhood UK) fractional stock reward offer is subject to these Terms and Conditions.
Eligibility: The Fractional Stock Reward Offer is only valid for existing qualifying brokerage clients of Robinhood UK who are UK residents with an active brokerage account who successfully refer an Eligible New Customer. These referrers will become eligible when they share their Robinhood-provided referral link with a friend who is an Eligible New Customer. Referrers can share their referral code with their contacts by accessing the Robinhood app, and send a message to their contacts with the referral link.
New customers who have never previously had a Robinhood UK brokerage account, apply for and are approved for a Robinhood UK brokerage account, make a first deposit, and are Robinhood UK residents (Eligible New Customer).
Anyone who doesn’t meet the conditions in this paragraph isn’t eligible for this Offer. Robinhood UK may decline requests to enrol in the offer without notice and at its sole discretion.
Offer: This offer is valid until 11:59 PM UTC on 31 December, 2024. For eligible Robinhood UK customers, Robinhood UK will provide a certain cash value of rewards, and the eligible customer must use that cash value entirely on purchases of shares or fractional shares of stocks that Robinhood UK makes available through this program. The stocks available to choose from are selected by choosing the 2 largest S&P 500 companies within the top 11 sectors based on market cap, per 13 September, 2023 data shown by TradingView (an unaffiliated entity).
Occasionally, Robinhood UK’s inventory of settled shares may not include any given stock among this group for various reasons, including if Robinhood UK is out of inventory for any given stock or fractional stock. Neither receipt of a share or a fractional share of stock through this program nor identification of a particular security in communications related to this program constitutes a solicitation of the security, investment advice or recommendation of any security, transaction, account type, investment strategy involving securities, or order. The cash value (between $7 and $175) that an eligible customer receives must be spent on stocks available in this program.
Approximately 96% of participants will receive a net cash value of $7 to $8, approximately 0.9% of participants will receive a cash value of $10, and approximately 0.1% of participants will receive a cash value of $175 per fractional share. All eligible customers who fulfil the conditions of this program will receive a cash value that they can only use to purchase whole or fractional shares pursuant to this program.
For the pricing of fractional shares, Robinhood UK will endeavour to price fractional shares at the last trade price. While Robinhood UK endeavours to price fractional shares as of the time that the reward is claimed, there may be a small lag time, such as 1 minute, between when the reward is claimed and the fractional shares are priced.
Limitations: Rewards will be credited only if the referred Robinhood UK brokerage account is approved and the reward is claimed within 60 days through the Robinhood UK platform. Rewards that aren't claimed within 60 days will expire. The reward, when combined with the value received from all other offers in the current calendar year, may not exceed $1,500 per household per year. In the event that Robinhood UK determines in its sole discretion that there may have been fraudulent activity or a violation of these Terms in connection with the stock referral or the referred customer’s Robinhood UK brokerage account, Robinhood UK reserves the right to either decline to grant the whole or fractional share stock reward, or to rescind or liquidate the stock or any related cash value proceeds if the customer sells their stock reward. This offer is only available once per new eligible customer. A stock reward will be credited to the enrolled brokerage account within approximately 1 week after the reward is claimed. This timeline may be delayed at Robinhood UK’s sole discretion if, for example, Robinhood UK determines that there is indication of fraud or a violation of these Terms.
The cash value of the stock reward may not be withdrawn for 30 days after the reward is claimed. Robinhood UK cannot provide information about someone else’s account or application status. Robinhood UK reserves the right to decline to grant or rescind a stock reward if Robinhood UK determines in its sole discretion that there are images or speech in connection with the referrer's referral link that are inaccurate, misleading, offensive, or violates community standards, or infringes on Robinhood UK's intellectual property rights, constitutes a domain name, creates the potential for confusion as to whether the page or content in question is Robinhood UK’s, or is otherwise improper. Robinhood UK reserves the right to change the offer terms or terminate the offer at any time without notice.
The offer is not transferable, saleable, or valid in conjunction with other offers and is available to UK residents only. Employees, contractors, or persons similarly associated with Robinhood UK or a Robinhood UK affiliate, members of their household, employees of any securities regulatory organisation or exchange, employees of market makers, and registered representatives or any broker-dealer are not eligible. The offer is only available for personal use, and may not be used for commercial purposes. You represent that you have the necessary consent from your invitee to send them any text or email relating to this offer.
Any individual stock shown in any marketing communications does not constitute a recommendation or solicitation that a customer buys, holds, or sells any investment or investment strategy. Any such stock is simply a visual representation of what a customer may receive in connection with this Offer.
Fractional shares are illiquid outside of Robinhood UK and not transferable. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see the Fractional Shares section of Robinhood UK Customer Agreement. Other restrictions may apply.
Taxes: Taxes related to this offer are the customer’s sole responsibility. If you have any questions, seek advice about the appropriate tax treatment for this offer and any tax implications associated with receipt of a cash or stock reward before enrolling. For taxable accounts, the value of all Robinhood UK offers received may be subject to US tax reporting and withholding (US taxes has details) where required by applicable rules and regulations.
Robinhood U.K. Ltd (Robinhood UK) is authorised and regulated by the Financial Conduct Authority (FRN: 823590). Robinhood UK onboards UK customers and has the lead customer relationship with UK customers in relation to their use of the Robinhood UK app and website. Robinhood UK introduces UK customers to Robinhood Securities, LLC for order routing, execution, clearing, settlement, arranging custody services and margin lending to eligible UK customers with margin accounts. Robinhood Securities, LLC is regulated in the US by the SEC and FINRA. Robinhood UK and Robinhood Securities, LLC are subsidiaries of Robinhood Markets, Inc.