Brokerage Promotions

Every 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.

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Contributor, Benzinga
June 21, 2023

If you're new to investing, want to switch your brokerage or just create a new brokerage account, look no further. Brokerage promotions 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.

Quick Look at the Best Promotions:

Albert Promotion

Disclosure: Albert is not a bank. Banking services provided by Sutton Bank, Member FDIC. The Albert Mastercard® debit card is issued by Sutton Bank, Member FDIC, pursuant to a license by Mastercard International Incorporated. To be eligible for bonus, receive a qualifying direct deposit of at least $200 and spend at least $100 on goods or services with your Albert debit card. Terms apply. See app for details.

Albert offers banking, savings and investment services through its unique online platform. You can use the debit card for your purchases, earn extra cash and take advantage of Albert’s brokerage promotions. During the current promotion, you earn $75 when you get a qualifying paycheck deposit of at least $200. Check out Albert before this offer expires.

Moomoo Promotion

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 Promotion

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 Brokerage Promotion

Disclosure: * Only Entity (non-Institutional), IRAs, Individual or Joint equities and futures accounts with the correct promotional code entered and funded with New Assets (as defined below) greater than $499.99 are eligible for this cash offer. To qualify, you must enroll your existing or new account (the “Account”) either by entering the promotional code on your new account application or by requesting to enroll, via telephone, with a TradeStation Representative. You must fund the Account with New Assets within 45 calendar days of Account enrollment. New Assets is defined as cash or securities held at a financial institution other than TradeStation (assets transferred from an existing TradeStation account do not qualify). Your Account will not qualify for the cash offer if you withdraw or transfer assets from your Account, then redeposit them into the Account. New Assets will be aggregated during the 45-calendar day period following the enrollment date to determine the amount of your cash offer. TradeStation will calculate your eligibility to receive a cash offer by adding all New Assets deposited or transferred into the Account during the Promotional Period, reduced by any withdrawals or transfers from the Account during the 270-calendar day holding period following the last day upon which you funded your Account with New Assets during the Promotional Period (“Qualifying Assets”). Asset fluctuations (up or down) do not affect the calculation of Qualifying Assets. The cash offer will be determined based on Qualifying Assets in the Account as follows: Less than $500 – cash reward of $0; $500 – $24,999 – cash reward of $50; $25,000 – $99,999 – cash reward of $250; $100,000 – $199,999 – cash reward of $400; $200,000 – $499,999 – cash reward of $800; $1,000,000 – 1,999,999 – cash reward of $3,000; $2,000,000 or more– cash reward of $5,000. Your one-time cash reward will be deposited into the Account the month following the end of the 270-calendar day holding period. Customers who receive promotional offers from any TradeStation affiliate may be subject to IRS Form 1099-MISC reporting requirements should the total value of those items exceed $599 in a calendar year. Please consult a tax professional. This promotional offer does not apply to charges associated with overnight fees, regulatory fees or other account fees and charges, including margin interest, if any. Your account will be considered and approved or disapproved based on all relevant factors, including your financial situation and trading experience. Prices, fees, costs and terms are subject to change. This offer cannot be combined with any other offers. Only one offer per client on one qualifying account. Clients who received previous cash offers from TradeStation are ineligible. Additional restrictions apply. TradeStation reserves the right to terminate this offer or change the terms and conditions at any time.

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 Brokerage Promotions

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 Promotion

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 Promotion

NinjaTrader is the winner of two Benzinga Global Fintech Awards, including Best Brokerage for Trading Futures.

  • Best Brokerage for Trading Futures: NinjaTrader was recognized its high-performance trading software, discount brokerage services and real-time support. 
  • Trader Empowerment Award: As the first open source platform available to the futures trading community, NinjaTrader was recognized for empowering traders and developers to build their own indicators, apps and strategies.

IG Promotion

Disclosure: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

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 Promotion

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 Promotion

Disclosure: Campaign is for US residents only, new accounts only, IRA’s and trusts not eligible, not valid for existing customers, cannot be combined with other offers and will run 1/1/2022 through 2/28/2022. Account must be funded no later than midnight on 2/28/2022

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 Promotion

Disclosure: eToro supports the following currencies: BTC, ADA, DASH, DOGE, EOS, ETH, LTC, NEO, XLM, XTZ, TRX, ZEC. eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. T&Cs apply. *The bonus is available to Benzinga readers in the US for open states only. Served by eToro USA LLC.

 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 Promotion

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 Promotion

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.

Q

Do brokerages offer promotions?

A

Yes, many brokerages offer promotions for new clients.

Q

Where can I find a list of brokerage promotions?

A

You can find a list of brokerage promotions on the list above.

Q

What kind of promotions do brokerages offer?

A

Brokerages offer promotions such as sign-on bonuses, access to premium features, and free trades.