Our 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.
Contents
- 1 WeBull – 2% Brokerage Bonus
- 2 Wells Fargo $2,500 Premier Bonus
- 3 Robinhood – 1% Brokerage Bonus, No Limit
- 4 Trade Up – $2,000 Bonus
- 5 TastyTrade – Up To $5,000
- 6 Citi Wealth Management – Up To $5,000
- 7 M1 Finance – $10,000
- 8 Merrill – $3,000
- 9 Schwab – $101
- 10 Schwab – Up to $1,000
- 11 Schwab – Up to $2,500
- 12 E*Trade – Up To $4,000
- 13 Interactive Brokers – Up To $1,000
- 14 SoFi – Up To $10,000
- 15 Moomoo – $300
- 16 Chase Self Directed – $700
- 17 TradeUP – Up To 5 Free Stocks
- 18 Smaller Bonuses – No Requirement
- 19 Bonuses Not Listed
- 20 Post History
WeBull – 2% Brokerage Bonus
2%Â bonus for transferring over taxable brokerage holdings. Excellent brokerage bonus for transfers of up to $5M.
- Read our full post
- Deposits must be maintained for two years
Wells Fargo $2,500 Premier Bonus
Requires $250,000 in cash or investments. Must open checking Premier checking account; $250,000 requirement can be done with the brokerage. Must be opened in a Wells Fargo branch. Account also has a $35 month fee, waived if you have $250,00 balance.
Robinhood – 1% Brokerage Bonus, No Limit
1%Â bonus for transferring over taxable brokerage holdings. Excellent brokerage bonus with literally no maximum bonus.
- Read our full post
- Deposits must be maintained for two years
Trade Up – $2,000 Bonus
Get $1,000 with $50,000 transfer or $2,000 with $100,000 transfer.
- Read our full post
- Deposits must be maintained for at least 1 year (possibly closer to 2 years) to get the full bonus
TastyTrade – Up To $5,000
Excellent deal to get $3,000 with $250,000 transfer. The other tiers are great too, such as $2,000 with $100,000 transfer.
Citi Wealth Management – Up To $5,000
Huge bonus and it works for self directed accounts, main issue is that account set up is all manual and extremely slow.
- Read our full post
- Deposits must be maintained for three months after account opening (but you can fund within two months of account opening meaning funds can be in there for roughly ~1 month)
M1 Finance – $10,000
M1 Finance has a bonus of up to $10,000 with deposit of $2M. There are also lower tiers, e.g. $1,000 with $250k or $2,000 with $500k and more.
Merrill – $3,000
Bank of America and Merrill have a bonus of $1,000 with $250,000 asset transfer or $3,000 with $500,000 asset transfer. Only valid for new Bank of America customers who open new checking account and connect with a Merrill advisor on the phone who will apply the offer.
Schwab – $101
The Schwab Starter Kit offer gives $101 in the S&P to new customers who deposit $50 within 30 days.
Schwab – Up to $1,000
This offer is for new Schwab members who get referred from a friend; ask a friend who is an existing Schwab member. Largest bonus of $1,000 requires an investment of $500,000+.
- Read our full post
- Deposit must be maintained for one year
Schwab – Up to $2,500
This offer is for new or existing Schwab members. $2,500 bonus requires $1m in assets transferred; there are lower tiers as well.
- Read our full post
- Deposit must be maintained for one year
E*Trade – Up To $4,000
The $4,000 tier requires $1.5M deposit. There are lots of other tiers as well. Notably, there is a $100 tier with $50 deposit which is an easy bonus for a lot of people.
Interactive Brokers – Up To $1,000
Direct link to offer
Promotion 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.
SoFi – Up To $10,000
This is the largest bonus we’ve seen from SoFi, but does require $5MM+ to get the full $10,000. There are other tiers as well. Assets must remain for 2 years.
Moomoo – $300
Moomoo is offering a 1.5% match on investments, up to $300. Max this out with a $20,000 investment transfer. Offer available via referral as well.
Chase Self Directed – $700
Highest tier requires $250,000+ investment. Must be maintained for 90 days.
TradeUP – Up To 5 Free Stocks
Requires a deposit or transfer of $5,000+
Smaller Bonuses – No Requirement
There 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.
Acorns – $23
$13.50 is from Swagbucks, other $10 is from Acorns.
- Read our full review
- No deposit requirement
Robinhood – Free Stock & $50 Rakuten
You only get a free stock worth $3-$150, but better than nothing and Robinhood offers commission free trading. You can now sign up via Rakuten and get $50 or 5,000 points as well.
- Read our full post
- No deposit requirement
Robinhood 1-3% IRA Match
This bonus is limited due to the annual contribution limits to IRAs. Robinhood Gold members get a 3% match and everyone else gets 1%.
- Read our full post
- Deposits must be maintained for five years
Webull – Four Free Stocks
Basically the same as Robinhood, you get four stocks stock valued between $3 and $1,000.
- Read our full post
- No deposit required
Firstrade – Free Stock
Same as the above offers.
- Read our full post
- No deposit required
Bonuses Not Listed
Below 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.
- Betterment 30,000 American Airlines bonus. Bonus is relatively small and you need betterment to manage your funds, not worth doing with the fees involved.
- Personal Capital. Current referral bonus is $20-$50 Amazon gift card, but we’ve seen bonuses as high as $100 in the past.
Post History
- [10/2/24] Added Trade Up $2,000 bonus
- [9/11/24] Removed Streetbeat $14,000
- [7/9/23] Added WeBull 2% brokerage bonus
- [7/9/24] Added Robinhood 3% IRA match
- [7/9/24] Removed Robinhood 3% IRA bonus
- [6/26/24] Removed Fidelity – $100 Bonus
- [5/6/24] Added E*Trade $4,000 bonus
- [5/6/24] Added TastyTrade $3,000 bonus
- [5/6/24] Added Robinhood 1% brokerage bonus
- [4/18/24]: Added Moomoo $300 investment transfer bonus
- [4/18/24] Added $10,000Â Sofi Invest bonus
- [4/18/24] Removed $5,000Â Sofi Invest bonus
- [4/18/24] Removed $75Â Sofi Invest bonus
- [4/17/24] Removed Fidelity $100 brokerage bonus
- [4/17/24] Removed WeBull $5,000 brokerage bonus
- [4/17/24] Removed WeBull $18,000 IRA bonus
- [2/28/24] Added Schwab $2,500 brokerage bonus
- [12/17/23] Removed Fidelity Bloom – $86 Bonus
- [11/22/23] Added Webull Up To $18,000 IRA Bonus
- [10/27/23] Added Robinhood 1% bonus with no limit
- [10/23/23] Added WeBull $5,000 bonus
- [10/15/23] Added BofA/Merrill $3,000 bonus
- [10/11/23] Removed eTtrade
- [10/11/23] Removed TD Ameritrade – Up To $1,000
- [10/11/23] Removed Axos – $250
- [6/2/23] Removed Merrill Edge Brokerage: Up To $1,000 Cash Bonus Signup Bonus for Moving Over your Investments
- [5/6/23] Added M1 Finance – Up To $15,000
- [4/20/23] Added $50 Rakuten bonus for Robinhood signup
- [2/20/23]Â Added Wells Fargo Premier $2,5000 bonus
- [2/15/23] Added Axos $250 bonus
- [1/13/23] Updated Chase Self-Directed from $625 to $700
- [12/4/22] Updated Stash from $50 to $110
- [11/20/22] Updated Fidelity bonus from $100 to $150
- [10/29/22] Removed M1 Finance – Up To $5,000
- [8/3/22] Added Robinhood $600 bonus
- [7/28/22] Added Chase YouInvest – Up To $625 Bonus
- [7/25/22] Added Fidelity Bloom – $86 Bonus
- [3/4/22] Updated Schwab Starter Kit Offer from $50 to $101
- [2/14/22] Added Streetbeat – $1,020
- [2/13/22] Added Titan – $100 – No Requirements
- [1/30/22] Added Merrill Edge – Up To $1,000
- [1/24/22] Added TD Ameritrade $1,000 Bonus
- [1/24/22] Removed Axos Bank $150 Bonus
- [12/7/21] Added Axos Bank $150 Bonus
- [11/11/21] Added Axos Bank $100 Bonus
- [11/11/21] Added M1 Finance $500
- [10/24/21] Added Tastyworks $500 Bonus
- [10/19/21] Added Fidelity $100 Bonus
- [10/19/21] Removed Fidelity $50 Bonus
- [10/8/21] Added Fidelity $50 Bonus
- [10/8/21] Removed Fidelity $100 Bonus
- [4/17/21] Removed Merrill Edge – Up To $900
- [4/10/21] Removed SoFi Invest – Invest $1,000+, Get $50 Bonus
- [4/7/21] Added Popular Bank: Up To $1,000 Brokerage Bonus FL, NJ, NY
- [3/19/21] Removed Dough – Free Stock
- [2/4/21] Added SoFi Invest – Up To $2,500
- [1/13/21] Added TradeStation – Deposit $500, Get $100
- [11/25/20] Removed Chase YouInvest – Up To $725 Bonus
- [8/18/20] Citi Wealth Management – Up To $3,500
- [8/9/20] Removed TD Ameritrade – Up To $1,500
- [8/4/20] Added Interactive Brokers – Up To $1,000
- [5/2/20] Removed PNC Invest – Up To $1,500
- [5/1/20] Added M1 Finance – Up To $2,500
- [4/19/20] Added TradeStation – Up To $2,500
- [2/7/20] Added Dough – Free Stock
- [2/2/20] Removed M1 Finance – Up to $2,500
- [1/16/20] Added TradeUP – $50 + Free Stocks
- [1/9/2020] Added Stash Invest – $50
- [1/5/2020] Removed Tastyworks – $250 Bonus
- [12/31/19] Added Tastyworks – $250 Bonus
- [12/20/19] Added Firstrade – Free Stock
- [10/5/19] Added Merrill Edge – Up To $900
- [10/2/19] Added SoFi Invest – Invest $100+, Get $50 Bonus
- [10/1/19] Removed Coin Brokerage – $50
- [8/13/19] Removed SoFi Invest – $25
- [8/3/19] Added SoFi Invest – $25
- [07/30/19] Added Coinbase – $50
- [07/07/19] Removed PNC – Up To $1,500
- [06/-3/19]: Removed Ellevest Online Investing $50 Signup Offer via Referral + $50 Referral
- [06/02/19]: Added PNC Investments: Invest $20k-$500k And Get A $50-$1,500 Bonus
Webull promo: https://www.webull.com/offers-promotions/deposit
Get 40 free fractional shares by depositing $2,000 or more.
Get 20 free fractional shares by depositing $500 – $1999.99
Must maintain for 30 days.
Expires December 2, 2024, 11:59 PM EST.
(Lower deposit requirement than Webull’s 2% bonus that requires $10K deposit.)
William Charles
Does anyone know of any accounts that work with an IRA other than Robinhood? That is the only one I could see by searching IRA above
Many/most offers include IRAs.
Recommend just going through DoC’s brokerage bonus tag as some of the above aren’t up to date: https://www.doctorofcredit.com/tag/brokerage-bonuses/
I’m in the process of moving a few IRAs around, too. Webull’s 3.5% offer seems the most lucrative. Alternatively, depending on your tiers, Citi, Wells Fargo, and Merrill appear to be the most competitive.
Got an email from E-trade — For current customers until 10/31/24.
Must enroll, deposit new funds and it’ll award bonus. ***transferring securities counts***
Account Deposit Receive
$5,000–$9,999 $50
$10,000–$24,999 $100
$25,000–$99,999 $250
$100,000–$199,999 $625
$200,000–$499,999 $1,000
$500,000–$999,999 $2,000
$1,000,000–$1,999,999 $4,500
$2,000,000–$4,999,999 $6,000
$5,000,000–$9,999,999 $7,500
$10,000,000+ $12,500
Thanks – Brokerage only, or bonus offered for IRA funds as well ?
Schwab has a $101 dollar bonus. I was able to create an account despite having account min 50 dollar funding
Schwab Starter kit
Deposit: $50
Bonus $101
Time: Should be instant – i just funded so will update
New acct req: none I have a trading account i use daily and was able to open.
I want to change my life
FYI: Merrill Brokerage Bonus (Up To $3,000) should be removed from list
Feature requests:
For brokerage bonuses, maintaining cost basis is a big deal with consequences that can dwarf the prospective bonus. Thus it is critical to know which institutions accept IRA accounts and which ones that have well documented good records of maintaining costs basis (as both incoming/outgoing xfer partner). So I’d recommend collecting and featuring information about that.
yes, having a note for the ones that work for IRAs would be awesome
Opened Schwab with checking back in 2019, roth from td transfered from buyout in 2023, last week called schwab for existing bonus. Rep mentioned “Workplace Bonus” 1-24.99k, 25k-49.99k, etc. Says couldnt see exact tier payouts, had him apply it and I’d call in during the weekday.
Rep put a non publicly available bonus to my account and supervisor gave me $50 to brokerage, asked to put it in roth, didnt let me.
so you called and just said “hey, got any bonuses right now for my existing account?”
what is that 1-23.99 promo? and what is the $50 promo?? the $50 was easy?
Exactly, called and asked for bonuses and rep said nothing right now but I kept pressing. He then found something that wasn’t publicly available and I told him apply it.
I think he was new and wasn’t supposed to apply it but that’s why the supervisor credited $50 to my brokerage.
I don’t know what the promo tier payouts were since the supervisor just said it wasn’t supposed to be applied and gave me a credit I guess to keep me happy.
All in all took 30 mins total to get from both calls.
Called ETrade to see if they can offer something to existing customers since the listed promo is for new customers only. https://us.etrade.com/what-we-offer/how-it-works/promo
First rep on the phone offered something “new” that’s “not on the website yet” for existing customers.
$200k-500k tier gets a $1k bonus.
Wells Fargo $2,500 Premier Bonus no longer being offered
It’s back as of today