Thanks to various promotions, online discount stock brokers are always trying to entice new customers, or lure them from existing brokers. Here are the best brokerage bonuses currently available, with links to various promotion pages.
When brokers update their offers, we’ll update our this page. And if you sign up to our mailing list, we’ll also send out an email notice too. We’ve linked to our web page for all of the stockbroker offers.
Unlike any broker we’ve ever reviewed, Betterment is our recommended robo advisor of choice. They currently offer two types of promotions when you open a new account. One of their more popular ones is getting one month commission free when you deposit at least $10,000.
Scottrade’s services and offerings are typical of large, online brokerage firms. They are running a great promotion with a up to $2,000 cash bonus when opening a new account. You’ll also get a $100 reimbursement for transfer fees when you move over an account from another broker.
TradeStation targets the active trader, and received the highest rating, 4 1/2 stars, for “Best for Frequent Traders” in Barron’s 2016 Annual Ranking of Online Brokerage Firms. Their latest promotion for new customers, if you open and fund a new account by March 31, 2017, offers up to $1,500 on commission rebates through June 30, 2017.
One of the pioneers in online trading, E*TRADE is another brokerage that is constantly offering various promotions. Currently their best offer is, trade free for 60 days and get up to $2,500 in cash. You can also receive $600 when taking advantage of their IRA promotions.
Individual investors who sign up with Stash Invest can receive $5 just for joining. Stash is an automated service that lets you take small amounts and invest them into the stock market. Great for long-term growth!
Lightspeed targets the active trader with some of the lowest commissions in the industry. Lightspeed’s most popular promotion is giving back $10,000 in commission within the first 90 days of trading. Click our promotion page for more information.
Fidelity is offering quite a few promotions, with their more popular deal being a $500 Apple gift card when you deposit $300k. Some of their other promotions include, free 50,000 airline miles, up to one year in free online trades, and 300 free trades when depositing $50,000 or more.
Merrill Edge is another brokerage that allows you to do all your banking and investment with one financial institution. If you have over $50,000 in all accounts combined, you get 30 trades free monthly. In addition, you can get up to $600 in cash when you fund an IRA.
Charles Schwab is offering 300 commission-free online trades when opening a new account with $50,000 or more. You’ll also get access to Schwab’s Active Trading services, with no trade minimums, or account/platform fees. With any of these offers you must either visit one of their branch offices, or call them directly.
Capital One Investing
Firstrade offers a full range of investment options, and its low transaction fees and free services make it an attractive service for all investors. Currently, this broker has several promotions, including a cash bonus of up to $100 when you transfer to a new account.