Robinhood Prediction Markets Referral Code 2026: How to Claim Your Referral Bonus

What is the Robinhood referral code?

As you might already know, referral codes are used to introduce others, and typically involves a one-off reward or ongoing bonus based on your referral’s activity. There's definitely one here at Robinhood, but if you are only interested in buying, selling or trading Robinhood event contracts, then you might be in for a disappointment, right up to the point you see the potential rewards involved. True, this bonus cannot be used in prediction markets, but you are rewarded for every US referee you bring in, and the reward is quite a generous one too.

There’s no limit to the number of people you can invite, and once they sign up both you and your referral will receive a stock bonus up to $200. There is no deposit involved, but your referral will need to link their bank details and get verified, much the same as you did when you joined. Here’s the full details so you can see the rewards at a glance

Getting your Robinhood referral code

As with the rewards, getting the code is a little different to what you may have seen before. To find your code, you’ll need to sign in, or sign up using the process we cover in our full Robinhood prediction markets review. After that, you can find the code in your account page. It’s not a link you copy and paste, but instead you can share it directly from the website or app, which is considerably less labor intensive and allows you to monitor your referral activity. So you can see exactly what is involved, here’s the whole process broken down into steps:

1. Sign into your account or sign up using the links on this page
2. Share your referral link directly from your account page
3. Your referral signs up using your link
4. They add their bank details and get verified - no deposit required
5. Your referral is approved by Robinhood
6. You both get a random stock bonus between $5-$200

This is quite a straightforward process, but you need to be aware that currently you can only refer other people in the US and they will need to be at least 18. As with other referral programs, spamming is looked down upon, as is referring other accounts you may have control of. It is essential here that you read the T&Cs to make sure you are operating within the rules, as failure to do so could mean closing your whole Robinhood account, which will also preclude your ability to use Robinhood election markets or any other prediction markets features as well.

Robinhood referral code pros and cons

This bonus has plenty of upsides, but one very big downside is if all you want from Robinhood is to use the prediction markets, then this bonus might not be the one for you. Here’s a quick look to its pros and cons:

How the Robinhood referral program works

This might be very different to what you were expecting, and is certainly not the regular type of referral program like the one we found over at Polymarket. For that reason, let's go into a little more detail so you have no gaps in your knowledge. To start, with and most importantly, this referral program does not connect in any way with prediction markets like the Robinhood sports markets. This bonus is for free stock, so you can’t use it in prediction markets but is part of a different area of the Robinhood platform - one you might be curious to explore.

Also unlike referral programs you might have encountered on other types of websites, you invite people via a page on the inside your account. People who use your link can sign up, but won’t receive a bonus until they connect their bank details to their new Robinhood account. They don’t have to make a deposit to qualify for the free stock bonus, which could be a random amount anywhere between $5 and $200. Robinhood tells us that 96% of customers receive $7-$8, so getting $200 seems unlikely, but whatever amount they get, you get as well - provided you have not gone over your £1500 yearly referral limit.

This bonus is not tied to a single stock, but you are able to pick a stock from Robinhood’s list of top US companies. The options your referral chooses does not have to be the same as you, and vice versa. One thing this does have in common with prediction markets though, is that trading your stocks may also be subject to fees, which might  also be new to you. Rather than go into detail here, you can get the full picture by checking out our Robinhood fees explained guide.

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Top 5 takeaways for making the most of your Robinhood referral code

Before we close this guide, we’ve put together a shortlist of takeaways so you can get started with using your referral code as soon as possible:

1. Remember this bonus cannot be used for prediction markets, this is the beginning of a different Robinhood experience.
2. You can invite others easily from your Robinhood account - no copy and pasting links required.
3. The people you invite will need to be in the US and at least 18 years old.
4. You referral does not need to make a deposit - just sign up and link their bank details to their new Robinhood account
5. You’ll both get the referral bonus of between $5 and $200 once your referral has successfully signed up.

Conclusion - an unexpected but pleasing bonus from using the Robinhood referral code

You might be disappointed when you find out the referral code at Robinhood has nothing to do with prediction markets, but chances are that won’t last long. The prospect of up to $200 in free stock for both you and your referral sounds like quite a generous bonus, and after reading this guide you’ll see just how simple the whole process can be. You can share your link directly from within your Robinhood account, and your referrals don’t even have to make a deposit to qualify for the bonus. You can do this as many times as you want, but your rewards will be capped at $1500 annually, which is still a very eye-catching amount.

Even if you are unfamiliar with stocks, the Robinhood referral bonus could give you a pretty good reason to find out more. You can do any time you are ready using the links on this page.

Robinhood referral code FAQs