Moomoo vs Robinhood Referral Bonus (2026)
A detailed comparison of Moomoo (Up to 15 free stocks per referral) and Robinhood (1 free stock per referral) in the Investing category.
Last updated:
Verdict: Robinhood Edges Ahead
Both Moomoo and Robinhood offer competitive referral programs. Robinhood edges ahead with a 4.4-star rating.
Side-by-Side Comparison
| Feature | Moomoo | Robinhood |
|---|---|---|
| Referrer Bonus | Up to 15 free stocks | 1 free stock |
| Referee Bonus | Up to 15 free stocks | 1 free stock |
| Payout Type | Stock | Stock |
| Commission Type | One-Time | One-Time |
| Max Referrals | unlimited | unlimited |
| Max Earnings | unlimited | unlimited |
| Conversion Difficulty | Easy | Easy |
| Rating | 4.3 | 4.4 |
| How to Refer | Open the Moomoo app, navigate to the referral program section, and share your link via text, email, or social media. | Open the Robinhood app, tap the person icon, select 'Free Stocks,' and share your referral link via text, email, or social media. |
| Referee Requirements | Must open a new Moomoo account and make a qualifying deposit. Higher deposits unlock more free stocks. | Must create a new Robinhood account and link a bank account. No deposit required. |
| Last Verified |
Pros & Cons
Moomoo
Pros
- +Up to 15 free stocks per referral — among the most generous
- +Commission-free trading with advanced tools
- +Unlimited referrals
- +Access to global markets beyond US stocks
Cons
- −Less brand recognition than Robinhood or Webull
- −Higher deposits required to unlock maximum stocks
- −Most random stocks fall in the lower value range
Robinhood
Pros
- +No deposit required — extremely easy to convert
- +Unlimited referrals with no cap
- +Fun random stock selection adds shareability
- +Strong brand recognition in commission-free trading
Cons
- −Most free stocks are low-value ($5–$10 range)
- −Free stocks can't be sold for 3 trading days
- −Stock value depends on random selection
Detailed Program Breakdowns
Moomoo Referral Program
Earn up to 15 free stocks when a friend opens and funds a Moomoo account. Stock values range from $3 to $2,000 each.
Max earnings: unlimited
Max referrals: unlimited
Robinhood Referral Program
Earn a free stock (valued $5–$200) for each friend who signs up and links their bank account using your referral link.
Max earnings: unlimited
Max referrals: unlimited
Our Recommendation
Robinhood edges ahead with a 4.4/5 rating, making it our top pick in this comparison. It offers 1 free stock per referral with stock payouts.
That said, Moomoo is still a solid program worth considering. The best choice ultimately depends on your audience — promote the platform your referrals are most likely to sign up for, as conversions matter more than raw bonus amounts.
For best results, consider promoting both programs and recommending whichever fits each individual referral's situation. Many successful referrers maintain active links for multiple programs in the same category.
Frequently Asked Questions
- Which referral program pays more, Moomoo or Robinhood?
- Moomoo offers Up to 15 free stocks per referral while Robinhood offers 1 free stock per referral. Based on the maximum bonus value, Moomoo has the higher earning potential per referral.
- Is Moomoo or Robinhood easier to refer friends to?
- Moomoo has a easy difficulty level while Robinhood has a easy difficulty level. Both programs have similar conversion difficulty.
- How do Moomoo and Robinhood pay referral bonuses?
- Moomoo pays referral bonuses as stock with a one-time commission structure. Robinhood pays as stock with a one-time commission structure.
- Can I promote both Moomoo and Robinhood referral programs?
- Yes, you can promote both Moomoo and Robinhood referral programs simultaneously. Many successful referrers promote multiple programs in the same category and recommend different options to different audiences based on their needs and preferences.
- Which has a higher rating, Moomoo or Robinhood?
- Moomoo has a 4.3/5 rating while Robinhood has a 4.4/5 rating on RefPerks. Robinhood is rated higher overall. Ratings reflect the quality of the referral program from a referrer's perspective, including payout reliability, bonus amounts, and ease of conversion.
Related Comparisons
Explore more side-by-side comparisons in the Investing category.
Robinhood vs Webull Referral Bonus Comparison
A detailed comparison of Robinhood (1 free stock per referral) and Webull (2–12 free stocks per referral) in the Investing category.
Moomoo vs Webull Referral Bonus Comparison
A detailed comparison of Moomoo (Up to 15 free stocks per referral) and Webull (2–12 free stocks per referral) in the Investing category.
Acorns vs Webull Referral Bonus Comparison
A detailed comparison of Acorns ($5–$50 per referral) and Webull (2–12 free stocks per referral) in the Investing category.
Acorns vs Robinhood Referral Bonus Comparison
A detailed comparison of Acorns ($5–$50 per referral) and Robinhood (1 free stock per referral) in the Investing category.
Acorns vs Moomoo Referral Bonus Comparison
A detailed comparison of Acorns ($5–$50 per referral) and Moomoo (Up to 15 free stocks per referral) in the Investing category.
Explore Each Program
Get the complete breakdown of each referral program, including detailed tips, step-by-step referral instructions, and earning strategies.
Referral program terms may change. Verify current offers on the official website.