This App Will Give You up to $1K in No Fee Stock Just for Signing Up and Funding Your Account

Inflation is doing a great job of making it really difficult to buy, well… anything. And that includes stocks.

The wealthy know how important investing is, and they have the means to keep doing it in any market. Luckily, you don’t need deep pockets to make your own power moves in the stock market.

When you open a SoFi® Active Invest* account and fund it with at least $50, they’ll give you no fee stocks in return — worth up to $1,000**.

Why Invest with SoFi?

You might already invest in the stock market through a retirement account. But with an active investing account from SoFi, you’ll have more control over where your money is invested, and you don’t have to wait until retirement to access it.

You can buy full or fractional shares of popular stocks, invest early in companies you find promising — you can even get in from the very beginning by investing in companies before everyone else is allowed to invest.

The SoFi Invest app also lets you invest in exchange-traded funds — or collections of stocks.

If you’re afraid to start investing, SoFi also offers automated investing tools to help simplify things. Tell the app how much or little risk you’re willing to take, and the app will recommend ETFs for you to invest in. Plus, SoFi won’t charge you any SoFi management fees.

For more experienced investors, SoFi Active Invest now offers options trading, meaning you can purchase call options (which give you the right to buy an asset, like a stock, for a specific price) and put options (which give you the right to sell an asset at a specific price). To get started, you’ll need to go through a quick questionnaire to determine if this is the right trading strategy for your needs.

How to Get Started and Earn up to $1K in No Fee Stocks

Investing doesn’t have to be something that’s scary or out of reach for the rest of us.

It only takes a minute to download the app and open an account. Then, once you fund it with at least $50, SoFi will reward you with your no fee stock — which could be worth up to $1,000.

*Terms and conditions apply. Matches on contributions are made up to the annual limits.

Investment Products: Are not FDIC-insured, are not bank guaranteed and may lose value.

SoFi Invest refers to the three investment and trading platforms operated by Social Finance, Inc. and its affiliates (described below). Individual customer accounts may be subject to the terms applicable to one or more of the platforms below.

1. Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees.

2. Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA(www.finra.org) /SIPC(www.sipc.org).

3. There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.

4. Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options

5. Utilizing a margin loan is generally considered more appropriate for experienced investors as there are additional costs and risks associated. It is possible to lose more than your initial investment when using margin. Please see https://www.sofi.com/wealth/assets/documents/brokerage-margin-disclosure-statement.pdf for detailed disclosure information

6. SoFi Plus members can schedule an unlimited number of appointments with a financial planner during periods in which the SoFi Plus member meets the eligibility criteria set forth in section 10(a) of the SoFi Plus Terms and Conditions. SoFi members who are not members of SoFi Plus can schedule one (1) appointment with a financial planner. The ability to schedule appointments is subject to financial planner availability. SoFi reserves the right to change or terminate this benefit at any time with or without notice. Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov

1. Probability of Member receiving $1,000 is a probability of 0.026%; If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify. Probability percentage is subject to decrease.

2. Terms and conditions apply*. For 401k rollovers, existing SoFi IRA members must complete 401k rollovers via this link For SoFi members without a SoFi IRA, a SoFi IRA must first be opened, and 401k rollover must be completed utilizing Capitalize via this link. SoFi and Capitalize will charge no additional fees to process a 401(k) rollover to a SoFi IRA. SoFi is not liable for any costs incurred from the existing 401k provider for rollover. Please check with your 401k provider for any fees or costs associated with the rollover. For IRA contributions, only deposits made via ACH and cash transfer from SoFi Bank accounts are eligible for the match. Click here for the 1% Match terms and conditions.

3. Must be a SoFi Plus member at the time a recurring deposit is received into your SoFi Active or Automated investing account to qualify. Bonus calculated on net monthly recurring deposits made via ACH and paid out as Rewards Points. See Rewards Terms of Service. SoFi reserves the right to change or terminate this promotion at any time without notice. See terms and limitations. https://www.sofi.com/sofiplus/invest/#disclaimers

*** Checking your rate won’t affect your credit score. Completing an application includes a hard credit pull. If you refinance with an extended term, you may pay more interest over the life of the loan.