Brokerage promotions for new accounts
Sofi invest is the brokerage arm of sofi, the student loan refinancing company.
Top forex bonuses
They’ve recently branched out into other areas, including sofi money (banking), and they are now offering a $50 bonus if you sign up and deposit at least $25. If you are creating new taxable brokerage accounts, the bonuses will be reported as income and you will have to claim them on your taxes as income.
The 14 best brokerage account promotions and bonuses for 2021
Updated january 21, 2021
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Are you looking to open a new brokerage account to manage your portfolio of investments but aren’t sure which one?
Many online investment platforms compete for business by offering new account promotions based on the assets you can transfer to their platform. While promotions shouldn’t be the only consideration, these promotion/bonus amounts are too hard to look past.
There are a range of bonuses listed below, whether you have an established portfolio and looking to transfer stocks, or starting new.
Continue reading to review the best brokerage account promotions for new accounts.
Our top picks:
Webull – 4 free stocks worth up to $1,600
Webull is a free trading app from webull financial. They are a brokerage based out of new york city and regulated by FINRA, you can look them up on brokercheck. We have a full review of webull and their offer here.
For new signups, open and fund an account with $100 and they will give you 4 free stocks worth up to $1,600. They have no fees and no account minimums so it’s truly free stock.
Robinhood – free share of stock
Robinhood is a relatively new brokerage that will give you a free share of stock when you open an account. There are no other requirements of the offer, you just need to open an account. No deposit, no transfer, no nothing. You can read more about the free share of stock promotion here.
Ally invest – up to $3,500
Ally invest is the online brokerage account I use because they offer free trades (U.S. Stock, etfs, and options) with no minimums and monthly balance requirements. I have an ally bank account so managing it all with one login is convenient too. I wish I would’ve taken advantage of their new account bonuses for transfers because it’s one of the most generous, here is the schedule based on how much you deposit within 60 days of account opening:
Here is the ally invest bonus structure:
Deposit or transfer amount | your bonus |
---|---|
$10,000 – $24,999 | $50 |
$25,000 – $99,999 | $200 |
$100,000 – $249,999 | $300 |
$250,000 – $499,999 | $600 |
$500,000 – $999,999 | $1,200 |
$1,000,000 – $1,999,999 | $2,500 |
$2,000,000 or more | $3,500 |
They will also credit transfer fees if you move your account from another brokerage – up to $150 ACAT fee reimbursement.
NVSTR –
NVSTR has a referral program where you can get up to $1,000 (but at least $10) when you sign up. The referring customer gets $10 to $1,000 too – and it’s a limited time offer. If you’ve never heard of them before, our NVSTR review can get you up to speed.
The only requirement is that you make one trade within a year and you can keep the bonus. There are no other requirements for the new account bonus.
There is also a deposit bonus. For a limited time, after you open your account, you can get a bonus based on what you deposit. You need to maintain this amount for one year to keep the deposit bonus.
Tastyworks
Tastyworks will give you 100 shares of a “highly liquid stock” when you open and fund a new cash or margin account with $2,000. The shares will be selected at random from a list of eleven stocks priced between $1 and $6, so you can get anywhere from $100 to $600 in this promotion with a stated average bonus of $200 – $220. There is a 70% chance of getting a stock priced under $2 and a 30% chance of getting a stock priced over $2.
You must keep the initial value of the stock, less any loss in value, in the account for a minimum of three months.
The referral/promotion code for this offer is “STOCK_AWARD_20” and you must put it in the referral code field when applying.
Sofi invest – $50
Sofi invest is the brokerage arm of sofi, the student loan refinancing company. They’ve recently branched out into other areas, including sofi money (banking), and they are now offering a $50 bonus if you sign up and deposit at least $25.
With sofi invest, you can manage your portfolio (active investing) or go with a roboadvisor approach (auto investing). With active investing, you can invest in stocks, cryptocurrencies, and etfs without paying a trading commission.
For a limited time, get $50 in stock from sofi invest if you sign up with a referral link and deposit at least $1,000. There’s no trading requirement.
Betterment
Betterment is one of the largest and most respected robo-advisors, you can see our review of betterment for a closer look at their service.
For new accounts, they will waive the management fee of 0.25% depending on how much you transfer:
- Deposit $15,000 – $99,999, get 1 month managed free
- Deposit $100,000 – $249,999, get 6 months managed free
- Deposit $250,000+, get 12 months managed free
Citi personal wealth management
Citi personal wealth management has a juicy bonus offer when you transfer new-to-citibank funds within 2 months of opening an account. You also will need to enroll in e-delivery of statements and then keep those funds in the account through the end of the next month (or three months after the month of account enrollment). Bonus will be credited three months after you meet the maintenance requirement.
Here’s the citi bonus transfer schedule:
- Fund with $50,000 – $199,999 – $500
- Fund with $200,000 – $499,999 – $1,000
- Fund with $500,000 – $999,999 – $1,500
- Fund with $1,000,000 – $1,999,999 – $2,500
- Fund with $2,000,000 or more – $3,500
Merrill edge – up to $600
Merrill edge, a bank of america company, will give you up to $1,000 if you open a new merrill edge account using the offer code 600ME. You just need to transfer your funds within 45 days, maintain that balance for 90 days, and you will get the cash bonus in 2 weeks. This bonus applies to individual merrill edge iras or cash management accounts, which is what they call their taxable brokerage accounts.
Here’s the merrill edge bonus transfer schedule:
- Fund with $20,000 – $49,999: $100
- Fund with $50,000 – $99,999: $150
- Fund with $100,000 – $199,999: $250
- Fund with $200,000+ $600
If you are a preferred reward client, you may get up to $900 with this alternative offer.
Charles schwab – up to $500
Charles schwab will give stock plan services clients a bonus of up to $500 when you open a new account and transfer in new funds with 45 days. If you are not a stock plan service, they won’t give you this promotion (they will even let you apply and enter in a promotion code, but they won’t give you the bonus).
Here’s charles schwab’s bonus transfer schedule:
- Fund with $10,000 – $24,999: $100
- Fund with $25,000 – $45,999: $200
- Fund with $50,000 – $99,999: $300
- Fund with $100,000+ $500
Update: I have received reports from readers that you don’t get cash but instead get “trade credits” which can be used to pay the commission for trades. If you are considering this offer, call to confirm the details.
E*TRADE – up to $2,500
When I think of new account promotions, I think of E*TRADE. For years, they had an offer where you could get up to $3,000 (if you had over a million dollars in assets to transfer!) and 60 days of free trades if you open a non-retirement brokerage account.
With the recent rush of brokerages offering free trades, the promotion is now just cash.
You can find the full details here but this is the offer:
- Deposit $5,000 – $9,999, get $50 cash
- Deposit $10,000 – $19,999, get $100 cash
- Deposit $20,000 – $24,999, get $150 cash
- Deposit $25,000 – $99,999, get $200 cash
- Deposit $100,000 – $249,999, get $300 cash
- Deposit $250,000 – $499,999, get $600 cash
- Deposit $500,000 – $999,999, get $1,200 cash
- Deposit $1,000,000 or more, get $2,500 cash
Fidelity – promotion [expired]
Fidelity doesn’t offer any cash bonus right now and their last promotion, for free trades, no longer applies as they’ve made many trades commission free.
This offer has expired. We will update it when fidelity issues a new promotion.
Tradestation – $100 [expired]
Tradestation has a “cash madness” promotion where you can get $100 when you open and fund a tradestation securities account with $500 or more. All you have to do is open a new tradestation securities account using the offer code ZINGAFOG, deposit at least $500 within thirty days of opening your account, and then maintain the balance for one month after the funding date.
The promotion expired on july 1st, 2020. We will update this section when a new promotion arrives.
Frequently asked questions
Here are some frequently asked questions about bonuses and the brokerage transfer process.
Almost every brokerage firm supports ACATS, which stands for automated customer account transfer service, which lets you transfer your assets “in-kind.” this means that your holdings are transferred without you having to sell them (and create a taxable event). If you have big unrealized gains in a stock, the shares just get moved over without you having to sell them and you keep the same cost basis.
You may run into hiccups if some items can’t be transferred. One common example is vanguard admiral shares of their mutual funds. Some brokerages will take them, others won’t. In these cases, you may have to transfer them to another asset type (like the ETF version), which will accept them.
ACATS does take a week or two to complete the transfer.
I don’t think it’s worth switching from broker to broker, grabbing up the bonuses, but the process isn’t difficult.
If you’re looking to make a move anyway, getting paid a little for the effort is better than not being paid.
Some brokers may charge you to leave, which is something you’d be paying anyway, so hopping around may reduce your returns from the bonus perspective.
If you are creating new taxable brokerage accounts, the bonuses will be reported as income and you will have to claim them on your taxes as income.
If you are creating retirement accounts, like an IRA, the bonuses are going into those accounts so you won’t owe taxes on them immediately. For traditional iras, you’ll just be taxed when you start taking distributions. Roth iras will never be taxed. For each account, review the terms and conditions to see how the brokerage is treating it and you’ll know for certain.
Best brokerage account deals and bonuses right now: earn up to $3,500 with a new account
Get more cash to build wealth with these top brokerage deals and promotions.
Brokerage | brokerage bonus offer | bonus trigger |
TD ameritrade | $350-$2,500 | account opening and deposit minimum |
M1 finance | $250-$2,500 | account opening and transfer minimum |
stash | $5 | account opening and deposit minimum |
betterment | 1-12 months of free portfolio management | account opening and deposit minimum |
blockfi | $15-$250 free bitcoin | account opening and deposit minimum |
ally invest | $50-$3,500 | account opening and deposit minimum |
robinhood | $2.50-$200 worth of free stock | account opening |
webull | $8-$1,600 of free stock | deposit minimum |
charles schwab | $100-$500 | account opening and deposit minimum |
merrill edge self-directed | $100-$600 | account opening and deposit minimum |
E-trade | $25-$2,500 | account opening and deposit minimum |
If you’re unsure how to choose between this list of brokerage bonuses, these deciding factors on an investment brokerage will show you what to look for in a new account.
Best brokerage account bonuses right now
Building an investment portfolio can take time, but some top brokerage firms can help you with promotions, deals, referral bonuses and sign-up bonuses. Depending on how much money you have to invest, these brokers may offer to deposit a cash bonus into your account, give you free stock or provide fee-free investing for a set period.
If you’re looking for a new brokerage to help manage your portfolio, or if you’re a beginner investor who is excited to get started, check out these brokerage bonus offers to see how you can maximize your return.
1. TD ameritrade bonus: $350-$2,500
One of the largest brokers in the U.S., TD ameritrade provides a platform for all kinds of investors. It offers a robust set of resources and tools and doesn’t charge commissions on online trades of stocks, mutual funds and exchange-traded funds (etfs).
TD ameritrade’s requirements to earn a sign-up bonus are a bit steep, so less experienced investors may not qualify. But the broker’s platform is among the best. With commission-free on stocks, mutual funds and other securities, TD ameritrade is still worth considering for long-term investing needs.
Read our full review of the TD ameritrade bonus.
2. M1 finance bonus: $250-$2,500
If you’re looking for an online stock broker that provides both investing and banking services, M1 finance may be ideal. With just $100, you can open an account and start trading various securities — that includes fractional shares, which allow you to purchase portions of shares in publicly-traded companies and benefit from gains without needing a lot of money. Plus, as an added benefit, the platform offers free trades.
M1 finance’s transfer bonus requires new money to be deposited into your account by october 31, 2020.
While this robo-advisor doesn’t offer a cash bonus, the features alone make this online broker worth considering. In addition to DIY-investing and checking, M1 finance offers the chance to borrow on margin at a low interest rate, especially if you register for an M1 plus account. It even offers commission-free trading for both trade windows and cash-back rewards for everyday spending.
Read our full review of the M1 finance bonus.
3. Stash bonus: $5 slickdeals bonus
slick tip: use this slickdeals affiliate link to automatically receive your $5 bonus offer to invest. |
If you’re relatively new to investing, meeting high deposit minimums may not be an option. With stash invest, though, you can get a bonus of $5 after you open a stash investment account and deposit $5 or more in new funds. While it may be a small incentive, it is a dollar for dollar match on your first $5 deposit.
That $5 sign-up bonus can be among your first dollars to invest with stash, and you can use it to trade stocks — including fractional shares — and etfs. Stash also offers a stock-back rewards program with its checking account, which means that you can earn rewards in the form of stocks when you make qualifying purchases with your stash debit card.
Just keep in mind that there’s a monthly fee that ranges from $1 to $9, depending on which features you want and how much you want to earn in stock-back rewards. However, like many online stock brokers, stash offers free trades which can help you to recover the cost of monthly fees.
Read our in-depth stash bonus review.
4. Betterment bonus: 1-12 months free portfolio management
One of the pioneers of robo-advising, betterment offers the chance to invest and bank all under one roof. On the investing side of things, the brokerage firm uses algorithms to manage your portfolio for you in exchange for a 0.25% annual fee. You can also upgrade to a premium plan with access to certified financial planners and advice for investments outside of betterment for a 0.40% annual fee.
For smaller investments, getting just one month for free may not amount to much. But it can give you some time to test-drive the platform and decide whether a robo-advisor is right for you.
5. Blockfi bonus: $15 – $250 in free bitcoin
slick tip: use this link and automatically earn your bonus after direct depositing the eligible bonus amount (see below). |
Cryptocurrency is a relatively new investment option, and blockfi is taking innovative steps to allow investors to take advantage of it. You can use the broker’s platform to buy and sell various cryptocurrencies, interest on your investment and even use your cryptocurrency as collateral to borrow money.
Blockfi is currently running a new block interest account (BIA) promotion. Fund your new block interest account with $25 or more on or before november to earn a one-time bitcoin bonus of $15 to $250. You must be a new blockfi customer to qualify for this bonus.
The blockfi interest account lets you put your crypto to work and earn monthly interest payments in the asset-type that you deposit with blockfi. Blockfi bonus fine print New clients who sign up through this referral link and fund their account during the current promotional period are eligible to receive $15 – $250 bitcoin bonus (in USDC) depending on their investment tier. The current promotional period is defined as the current calendar month ending at 23:59:59 UTC on the last day of the month. Please note, this must be your first deposit, and you must maintain a minimum $25 crypto balance through the 14th of the month for two and a half months from the month of eligibility in order to remain eligible. Eligible payouts occur on the 15th of every month on a rolling basis. If the 15th falls on a weekend, then the bonus payout will occur by the end of the next business day. There is a maximum of one bonus per client. This offer cannot be combined with other trading offers. Trading qualifications are dependent upon geographical or regulatory restrictions. Terms subject to change. Blockfi referral bonuses Once you’ve become a blockfi customer, you are eligible for their referral program which provides referral links for you to share. For every person that signs up using your blockfi referral code and deposits $100 or more into their blockfi interest account, you and that friend will each earn $10 in BTC. You can obtain a blockfi referral links by visiting the refer-a-friend landing page. Similarly, new promotions and past promotions are listed here on the blockfi promotions page. 6. Ally invest bonus: $50 – $3,500Ally invest is an online-only bank that offers a variety of banking, lending and wealth management services. It also offers one of the biggest bonuses for new investing customers that we’ve seen. If you open an ally self-invest account by december 31, 2020 and fund it with a certain amount within the first 60 days of account opening, you can receive up to $3,500. Ally invest features commission-free trades on eligible U.S exchange-listed stock, ETF, and option trades. In fact, at $0.50 per contract, ally invest offers low-cost fees for option trades and a wide selection of etfs from vanguard, globalx, ishares and more. Ally invest offers high-yield etfs from market leaders that may complement your portfolio and help diversify your investing strategy 7. Robinhood bonus: $2.50 – $200 worth of free stockRobinhood helped pioneer the mobile investing movement, as well as commission-free trades. The commission-free platform allows you to trade stocks (fractional shares included), options, cryptocurrencies and etfs, and there’s no minimum to get started. What’s more, the broker’s bonus is easy to earn: simply open a new account, and you’ll receive a free stock worth between $2.50 and $200. With no barrier to entry, this one may be the best online stock option for inexperienced investors. One thing to keep in mind, though, is that robinhood doesn’t offer retirement accounts. So you may want to consider another option if you’re hoping to open one of those. 8. Webull bonus: $8 – $1,600 of free stockAnother great mobile-first trading platform, webull offers the chance to invest in stocks, etfs and options (though you can’t trade fractional shares). Also, like robinhood, webull doesn’t require massive deposits to earn its welcome offer of free stocks. You can receive up to two free stocks each valued between $8 to $1,600 when you open an account with the broker and fund it with $100 or more. The broker also offers several ways to earn more free stock, including through referral links and other ongoing promotions. If you’re just starting out or you’re not sure you want to move a lot of money, webull can get a great place to start. In addition to offering free trades, another one of webull’s strengths is its investment in technical research, which can be a huge plus for experienced investors and others who want to learn. 9. Charles schwab: $100-$500Like TD ameritrade, charles schwab is one of the largest brokers in the U.S., and offers a much wider range of investment options, resources, tools and other features than many of the smaller brokers on our list. While the sign-up deposit requirements are a bit steeper than some other brokers, the lowest tier is still relatively accessible to investors with lower net worths. 10. Merrill edge self-directed account bonus: $100 – $600To earn the cash bonus, you’ll need to make your qualifying deposit of new funds within 45 days of opening your account, then keep it in the account for 90 days after that. And remember, the sign-up bonus only works for merrill edge self-directed accounts, which is where you manage your own portfolio. If you open a guided investing account with a professional manager, you’ll be ineligible for the promotion. Merrill edge’s bonus is more accessible than many other broker bonuses, but still requires a good amount of cash to get the minimum amount. 11. E-trade brokerage and retirement accounts: $25 – $2,500Once you meet the requirements, you’ll receive your cash bonus within seven business days. The offer is valid on new accounts opened by dec. 31, 2020, but you’ll have 60 days after that deadline to meet your deposit requirement. You also need to maintain the funds in the account (minus any trading losses you incur) for 12 months. Best broker promotions, deals, and bonuses of 2021Modified date: january 20, 2021 Below is a list of 8 brokerage firms and their promotions, deals and bonuses. It’s up to you to decide which is the best offer for your particular situation, so we’ve listed them in alphabetical order for you to peruse. Enjoy! Compare best brokerage promotionsAlly investAlly invest is currently offering a terrific cash promotion where new account holders can earn up to $3,500 when signing up. Details are as follows.
RobinhoodRobinhood is an excellent platform for both new and experienced traders. Their app is easy to use, offers quick navigation to current news, and makes trading super simple. And right now, when you sign up for a new robinhood account, you’ll get one free stock added to your account. Once you sign up and open the app, you’ll click the link to get a free stock. From there, robinhood will add one share of free stock to your account at random. The value of the share you receive may be anywhere between $2.50 and $200, and fluctuates based on market movements. You’ll be able to keep the stock or sell it after 2 trading days. Check out our full robinhood review to learn more. BettermentBetterment is one of our favorite robo-advisors right now. And if you sign up, you can receive up to 12 months of free service from betterment. As long as you have an initial deposit of $15,000 or more. There are tiered levels for free bonus management, which as a reminder, will wipe away the 0.25% management fee that betterment normally charges. And you have to deposit this money within 45 days after you sign up for an account. The offer is only available to U.S. Residents. The current tiers are as follows:
So in order to get the full year free, you have to deposit at least $250,000 to your account. However, that’s a substantial savings when you consider even the 0.25% management fee. Make sure to check out our full betterment review for more information. Charles schwabIn addition to regular low stock trading fees of $8.95 per trade, charles schwab is currently offering 500 commission-free online trades for an entire year. The offer includes quarterly one-on-one check-in sessions with a trading coach over the course of the year. In order to qualify, you need to open a new account and make a net deposit of $50,000 or more. The deposit must be made within 45 days of opening the new account. Fidelity investmentsFidelity investments already offers an attractive investment platform with regular stock trades at $7.95 per trade. But they are also offering a free trades bonus with both regular accounts and iras. The offer is open to both new accounts and new deposits into existing accounts. Fidelity investments also uses a sliding scale but only two tiers for free trades
The offer is open to both new and existing account holders. You must designate an existing eligible fidelity brokerage IRA or brokerage account or open and fund a new eligible fidelity brokerage IRA or brokerage account. The bonus will be calculated on net deposits into the qualifying account over a 60-day period from the time of registration. FirsttradeFirsttrade is offering up to 500 commission-free trades for 30 days. Eligibility rules require you to open a new account and deposit at least $2,000 into it within 30 days of opening. That’s on top of their already low stock trading fee of $6.95 per trade. They are also offering cash bonuses for larger deposits, in addition to 500 commission-free trades for 30 days:
The account must remain open for 12 months with the minimum funding or assets required for participating in the offer. If not, firsttrade may charge the account for the cash and commission credits awarded to the account. Qualified IRA account holders must also have a brokerage account with firsttrade to receive cash rewards. Firsttrade does disclose that they will issue a form 1099 on bonuses paid of $600 or more during the calendar year. Firsttrade is also offering to rebate up to $200 in transfer fees if you transfer at least $10,000 from another brokerage firm. Merrill edgeMerrill edge is offering 300 no-fee online trades when you open up a new account with them (the normal trading fee is $6.95 per trade). The free trade offer applies to trades on both stocks and etfs. Along with the free trades, they are also offering the following bonus schedule:
On the surface, this doesn’t look as generous as the previous broker bonuses, but on closer inspection, you’ll see that the $600 kicks in at $200,000, while the others all require $250,000 to get the same bonus money. The offer applies to new accounts only. You must make a qualifying deposit to your new account within 45 days and maintain the deposit for a minimum of 90 days. Like firsttrade, merrill edge confirms that they may issue a 1099 on the cash bonus. USAA is offering 50 free trades. To be eligible the trade must be an equity security, 1,000 shares or less, priced greater than $1, and placed through a self-service channel. Options are not subject to the free trades. After 50 free trades or 90 days (whichever comes first) the account will revert to your gold or platinum fee schedule, depending on asset and activity levels. The offer is good through december 31, 2015. Brokerage promotionsEvery month, benzinga compiles a list of the absolute best brokerage promotions for investors looking to open new accounts. These include sign-on bonuses, free trades and more. Check back each month for an updated list. Benzinga staffContributor, benzingaIf you’re new to investing, want to switch your brokerage or just create a new brokerage account, look no further. Brokerages offer deals and promotions to new account holders, such as sign-on bonuses, free trades, access to premium services and more. Looking for more than just promotions? Read benzinga’s best online brokerages to find the brokerage that works best for you and your trading style. Table of contents [ hide ]
Moomoo promotionLimited time offers with moomoo!Limited time offers with moomoo!Get your 1st stock valued up to $200 by depositing $100 or more Moomoo offers an intuitive and powerful investing platform for beginning investors and experienced traders. Moomoo’s groundbreaking app offers unique new features and enhancements to improve the trading experience. Don’t miss out on moomoo’s limited time offers! Webull promotionNow until month end!Now until month end!From now until dec 14, new users who make initial deposit over $100 will get 4 free stocks worth up to $1600. Webull offers an all-in-one self-directed investment platform that provides excellent user experience, intelligent tools and services, no commission, free real-time quotes, multi-platform accessibility, full extended hours trading and 24/7 online help. Tradestation promotionGet up to $2,500 when you transfer funds into your tradestation account.Get up to $2,500 when you transfer funds into your tradestation account.Tradestation gives you everything you need to trade with complete confidence: professional-grade tools, powerful mobile and web apps, personalized client support and some of the industry’s most competitive pricing. Now they’re upping the ante with a special cash offer. Trade stocks, etfs, futures, options or crypto with reliable execution on powerful platforms and competitive pricing models with tradestation. You can compete in numerous markets, test and optimize your strategies and join in on a community to share your knowledge and learn more skills. Tradezero promotionShort like A pro!Short like A pro!Looking for a dependable broker to short stocks? Free to join – start trading with tradezero, benzinga’s 2020 “best broker for shorting stocks” Benzinga awarded tradezero best brokerage for short selling and it’s well-deserved. Tradezero, along with commission-free trading, offers its zeropro platform, which delivers speed and functionality. It also offers zeroweb, a powerful level 2 web platform with direct market access and zerofree, a $0 software solution. You can also get zeromobile if you’re constantly on the go. All 4 options deliver everything you need to become a successful trader. FOREX.Com promotionFeatured broker promotionFeatured broker promotionReduce your trading costs by up to 18% with cash rebates, forex.Com is the #1 forex broker in the US. Signing up for an account now will get you waived bank fees on all wires, as well as one-on-one support from an experienced market strategist. FOREX.Com connects independent traders to the potential of the global currency markets. FOREX.Com offers a way to help forex traders with what they need to succeed. Plus, get the most out of every trade with FOREX.Com’s clear, competitive pricing. No small print involved! Ninjatrader promotionStart trading with only $400Start trading with only $400FREE platform included with ALL brokerage accounts: Ninjatrader is the winner of two benzinga global fintech awards, including best brokerage for trading futures.
IG promotionTrade forex with IGTrade forex with IGCreate a forex trading account with IG and have access to over 80 currency pairs starting from 0.8 pips. Open a trading account with IG today and start trading in less than five minutes. Place your trade on desktop, mobile and tablet. IG is the world’s leading provider of contracts for difference (cfds) and financial spread betting. Listed on the U.K.’s FTSE 250, IG combines the strength and security of a fully-regulated international company based across 5 continents. Generic trade promotionLow cost, high techLow cost, high techAll accounts, regardless of size or volume, are 59¢ commission per side. All fees are fully disclosed. Low cost + high tech = value more about value. Generic trade provides the best trading environment at the best value possible. Generic trade offers consistency and stability with the same low commission rate for every account and every market since 2010. Tastyworks promotionGet 10 options OR 10 sharesGet 10 options OR 10 sharesTastyworks will kick-start your new brokerage account when you open and fund with $2,000! Tastyworks believes in DIY investing, that it can be more rewarding than relying on money managers or robo-advisors who put your portfolio on autopilot. You’ll get every edge possible with the technology, rates and support to help you succeed on your own through tastyworks. Tastyworks also offers a great rate to open and close trades. The company offers capped commissions on equity option trades at $10 per leg. See how tastyworks compares against other brokers on equity option trades. Etoro promotionInvest in crypto. Get a $500 bonus.Invest in crypto. Get a $500 bonus.Get access to over a dozen of the most popular cryptocurrencies, all on an easy-to-use platform. Engage with other traders, dive into the data, and learn how to diversify with crypto. Sign up now and get a bonus $500 when you make a $5,000 trade. Etoro empowers millions of users in over 140 countries to trade and invest in a simple and transparent way. Etoro is an established and reliable leader in the global fintech industry and is a global pioneer in cryptocurrency trading. Etoro’s platform already offers many of the world’s most popular digital currencies. Firstrade promotionTrade smarter (includes benzinga research)Trade smarter (includes benzinga research)Seize opportunity no matter where you are with our android and iphone mobile apps. Comprehensive research & reports provided by morningstar, zacks and benzinga Firstrade aims to empower its customers with the most advanced technology possible so you can access simpler and seamless ways to execute your investment strategies. It’s self-directed investing with no-cost trading. Nadex promotionFree sign up with nadexFree sign up with nadexNadex offers their clients free account creation without pressure to trade until they are ready. This is perfect for those who are hesitant and only want to trade when ready. As a nadex member, you can trade multiple markets and access an ongoing series of short-term trading opportunities, including hourly, daily and weekly contracts traded 5 days a week on desktop and mobile platforms. Nadex is a regulated financial exchange, which means it matches buyers and sellers and does not take positions in any markets. Benzinga's #1 breakout stock every monthLooking for stocks that are about to breakout for gains of 10%, 15%, even 20% potentially or more? The only problem is finding these stocks takes hours per day. Fortunately, benzinga's breakout opportunity newsletter that could potentially break out each and every month. You can today with this special offer: Hire a pro: compare financial advisors in your areaFinding the right financial advisor that fits your needs doesn't have to be hard. Smartasset's free tool matches you with fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by smartasset and is legally bound to act in your best interests. If you're ready to be matched with local advisors that will help you achieve your financial goals, get started now. Best brokerage bonuses – earn up to $3,500Our posts on the best bank account bonuses and best credit card bonuses are some of the most popular on the site, recently I’ve been trying to post more brokerage bonuses as I know some people use these to make some extra money and it helps them grow their investments. This post will be for the best brokerage bonuses, I’m relatively new to these so I’d welcome your input on bonuses we might have missed and any relevant important information you think should be included. Unlike other sites we don’t use affiliate links for brokerage bonuses so you can ensure you’re getting the best possible deal, rather than the one that pays us the most. Tastyworks – 100 shares (worth average of $220 total)Requires a deposit of $2,000+ Citi wealth management – up to $3,500Huge bonus and it works for self directed accounts, main issue is that account set up is all manual and extremely slow.
Schwab – up to $500This offer is for new schwab members who get referred from a friend; ask a friend who is an existing schwab member. Largest bonus of $500 requires an investment of $100,000+.
E*trade – up to $3,500Largest bonus requires an investment of $1,000,000+, so might be worth focusing on this for higher rollers who have already done the bonuses where funds need to be maintained for a shorter period of time.
Interactive brokers – up to $1,000Promotion is a bit confusing as it’s not that clear when/how long the funds need to be in your account for. You also get the bonus in the form of interactive brokers shares and these can’t be sold for one year. Ally invest – up to $3,500$3,500 level needs $2MM+ invested
Merrill edge – up to $1,000Tradestation – up to $2,500Maximum bonus requires a transfer of $1,000,000+ but the smallest bonus requires $25,000+ M1 finance – up to $2,500Maximum bonus requires a transfer of $1,000,000+, but the smallest bonus of $100 just requires $20,000. Sofi invest – invest $1,000+, get $50 bonus$100 bonus is in the form of a fractional share of a company. Only available via referral. Not as good as when it was $75. Tradestation – deposit $500, get $100Small deposit requirement, although some people have had issues with tradesation so remember to read the comments. Tradeup – $50 + free stocksRequires a deposit or transfer of $3,000+ Smaller bonuses – no requirementThere are a number of smaller brokerages that offer sign up bonuses with no deposit requirement. The bonuses are much smaller, but might still be worth picking up for some people. Stash invest – $50Requires a direct deposit of $300+ Acorns – $23$13.50 is from swagbucks, other $10 is from acorns.
Robinhood – free stockYou only get a free stock worth $3-$150, but better than nothing and robinhood offers commission free trading.
Webull – free stockBasically the same as robinhood, you get a stock valued between $3 and $1,000.
Firstrade – free stockSame as the above offers.
Dough – free stockFree stock valued at $5-$10.
Bonuses not listedBelow are some brokerage bonuses we don’t want listed under the ‘best brokerage bonuses’, we are including them here so that readers know they have been intentionally left out and why.
5 broker deals that'll pay you to open an accountIf you're looking for a new brokerage, consider opening your account with one of these institutions. They’ll pay you a new account bonus on certain account types if you meet minimum deposit requirements and keep your account open for a specified length of time. (all promotional data presented is accurate as of may 2020.) Key takeaways
Charles schwab: $100 bonus or 500 commission-free tradesCharles schwab is offering a $100 referral bonus with a $1,000 deposit into a new schwab brokerage account. You can also get 500 commission-free trades with a $100,000 deposit; this deal is good for two years following the opening of the new account. Schwab also offers unlimited commission-free online trading on most stocks and etfs for all clients. Motif investing: 3 free monthsOn offer now at motif investing is 3 free months of their motif BLUE unlimited automated investment service. The offer is good only for first-time customers and is available when the new brokerage account application is approved. For subscriptions starting at $4.95 per month, motif BLUE provides automated investing and rebalancing, real-time quotes, unlimited trading, and more. $100 bonus + 3.75% 40-month IRA CD at navy FCUNavy federal credit union is offering a $100 bonus, and it's available nationwide. Investors taking advantage of this deal will also have access to an attractive CD rate of 3.75 percent APY when you open a new IRA CD. To qualify for the bonus, the new account must be funded with an opening balance of at least $100 within 45 days of account opening. The bonus will be deposited into the account within 30 days of the qualifying opening deposit. Ally invest $3,500 cash bonus + 90 days of commission-free tradesAvailable at ally is an ally invest $3,500 cash bonus offer, which offers a $3,500 cash bonus and commission-free trades for 90 days when you open a new ally invest account. To qualify, you must do the following: 1. Open a new self-directed trading account by january 31, 2019. 2. Fund your account within 60 days of account opening to earn a bonus based on your deposit amount:
3. Receive the bonus cash credit to your account within 10 business days of meeting the promotional requirements. 4. Once the account is credited, the bonus and initial qualifying deposit are not available for withdrawal for 300 days after the requirements have been met. Get up to 500 commission-free trades at E*TRADE, plus up to a $600 cash creditIf you decide to go with an E*TRADE account, there are a few things you'll need to know. First, you must fund your account within 60 days by transferring funds from an external source. Here's how it works:
E*TRADE makes credits for cash or securities within 60 days of the account open, depending on deposits to the account from external sources. Credits are made within a week after the 60-period. Here's how the credit is broken down:
E*trade offers unlimited commission-free online trading on most stocks and etfs for all clients. The bottom lineThese promotions aren’t a good way to make a quick buck, and the bonuses are relatively small, often 1 percent or less of the amount you’re required to deposit. What's more, in many cases, taxes or commissions will erode the value of your bonus. An account-opening bonus is, however, a good incentive to give a brokerage, bank or credit union a closer look if you were thinking about opening a new account anyway. Just make sure the account type you’re opening is the best option for your long-term needs, that you’ll still come out ahead after any fees and that you aren’t depositing money you might need in the near term. TD ameritrade promotions january 2021: $0 commissionsFind all TD ameritrade promotions and bonuses here. You can trade everything from stocks, options, etfs, futures and forex TD. About TD ameritrade promotionsBased in omaha, nebraska, TD ameritrade provides brokerage services for individuals and institutions to invest online. They provide an electronic trading platform for the purchase and sale of financial securities including common stocks, preferred stocks, futures contracts, exchange-traded funds, options, mutual funds, and fixed income investments. They also provide margin lending, and cash management services. For over 40 years, TD ameritrade has been helping their clients pursue their financial goals while giving them more time to focus on what really matters in life. Make sure you read on to learn about the current promotions and see if you can find one to meet your financial needs. I’ll review TD ameritrade below.
TD ameritrade $0 commissionsTD ameritrade is offering $0 commissions. Along with the that, you will be able to gain access to free trades.
(visit TD ameritrade to learn more) Compare to other institutionsBottom lineTD ameritrade understands you have needs and they have solutions! Trade and invest how you want with access to a variety of investment choices. You can select from equities, bonds and cds, options, non-proprietary mutual funds, forex trading and more to diversify your portfolio. With no hidden fees or complicated pricing structures, TD ameritrade provides a fantastic investing option for you! In addition, once you become their client, you can enjoy fair, straightforward pricing. Make sure you check out the promotions and choose the right account for you. If you want to check up on the internet’s most complete list of brokerage promotions, keep coming back to HMB for more! Interested in opening a bank account? Check out the latest TD bank promotions on their TD beyond checking and TD convenience checking accounts. Bookmark this page and check back often for TD ameritrade promotions, bonuses, and offers.
About anthony nguyenAnthony nguyen, founder of hustlermoneyblog.Com, has a passion for finding the best deals, bank promotions, credit card offers, cash back, points & miles, and everything in between. Contact anthony for media/advertising. CommentsThank you, anthony I need a loan from my account please Thanks for the bonuses information. I found all the bonuses. I’ll tell all my friends and family. Love hustlermoneyblog! Charles schwab brokerage promotions: $100 to $500 sign-up bonusBy: tony P. | last updated: january 16, 2021 | this content is not provided or commissioned by the bank, credit card issuer, hotel, airline, or other entity. Opinions expressed here are the author’s alone and have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. This site may be compensated through the issuer’s/entity's affiliate program. Please visit our advertiser disclosure for additional details. Find all the new offers and bonus promotions from the charles schwab brokerage firm here. Along with TD ameritrade, we rank charles schwab as one of the best stock brokers for beginners. Charles schwab is a brand well-known in the investment world. Founded in 1973, this brokerage firm now holds over 2.5 trillion in total client assets. You really can’t go wrong choosing this full-service broker. Let’s review the current offers below.
$500 bonus with A referred schwab account:
Terms
Below is my personal referral link and I do not qualify for any incentive for you using it. Once you have an account open you can make referrals with the link below (your referrals will qualify for the $500 bonus; there is no incentive for you). [expired] charles schwab up to $2,500 bonusEarn a $200 to $2,500 bonus for a new schwab account with this offer.
Make a qualifying net deposit of cash or securities and earn a cash bonus award based on the table below:
Charles schwab high yield investor checking account*link this online checking account to a brokerage account with one of the above promotions I love traveling, and discovered I needed a better solution for ATM withdrawals overseas, and while traveling in general. The high yield investor checking account is my secret weapon now. You can use the debit card at any ATM that accepts visa worldwide. Now here’s the best part – charles schwab doesn’t charge ATM fees anywhere, and they will reimburse you for ATM fees other banks/institutions charge! You’ll have to open up a charles schwab brokerage account as well, but you’ll never have to use it, deposit funds into it, or keep any kind of balance while it’s linked to the checking account. The reps understand people open up both accounts just to use the checking, and will ask if you even have any interest in using the brokerage services. This checking accounts makes it onto our list of the best free checking accounts. How to get $2,500 from tdameritrade to open an account!Updated january 21, 2021 Some links below are from our sponsors. This blog has partnered with cardratings for our coverage of credit card products. This site and cardratings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author's alone and have not been reviewed, endorsed or approved by any of these entities. As an amazon associate, I earn from qualifying purchases. More information Before the days of free trades for everyone, brokers dangled them as promotional offers. If you signed up for broker X, you could get unlimited trades for 60 days or 300 commission-free trades. When charles schwab announced free trades and was soon followed by E*trade and tdameritrade, offering free trades wasn’t enough because free trades have become standard. So what is a broker to do? Offer the only thing left – big stacks of cash. Tdameritrade has one of the juiciest offers available with up to $2,500 in cash. Let’s see how it’s set up. Tdameritrade new brokerage account offerThe offer is really simple, just open an account and deposit money to get the bonus. (TD ameritrade recently increased the deposit amounts for each tier of bonus) The bonus amount depends on how much you deposit within 60 days of opening the account:
The beauty of this offer is that it’s valid for one new individual, joint, or IRA account. For many folks, the $1-2 million bonus will be difficult but if you’ve been working for some time, it’s not difficult to find a 401(k) that you can rollover or an IRA to move around. The only other restriction is that you have to keep the balance in the account for at least 12 months. The rules don’t count any losses due to trading or the market, it’s just the net deposits have to be positive. The 12 month period is a pretty fair time period. If you search online, you will find similar offers (or this exact one) but this is the best one I know of. There is one that just has the $300/$600/$1200 bonuses, with no $2,500 level, which will work just as well if those were the tiers you were going to hit anyway. How does this offer compare?A lot of brokers are now offering cash bonuses, so naturally the next question has to be how does this promotional offer compare with others? Honestly, their offer is ever so slightly below average. Let’s take a look at an alternative to see what I mean. Ally invest has a bigger schedule for its bonus (ally invest offers free trades):
As you can see, this much larger schedule matches tdameritrade while adding both a lower tier ($50 for a $10k deposit) and a higher tier ($3,500 for a $2mm deposit). Lastly, I want to point out one last offer from sofi invest. If you are at the low end of investable assets (under $25k, which is a sizable sum just not for the purposes of a brokerage offer), you can get $50 from sofi invest as long as you deposit $25. Heck, you can do this anyway if you have $50 sitting around and want to get a 50% ROI in one go. If it’s all the same to you, I’d go with the one you like more. So, let's see, what we have: looking to open up a new brokerage account? I've researched countless offerings and put together this list of best brokerage account promotions. At brokerage promotions for new accounts Contents of the article
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