If you’re ready to open a brokerage account, your funds could get a boost from a number of firms that are offering cash or stock bonuses for new customers. The incentives typically require a minimum deposit and may have specific eligible account types and expiration dates.
Here’s a breakdown of some of the top brokerage account bonuses that are currently available:
Best Brokerage Account Bonuses In July 2025
- E*TRADE — Up to $10,000 cash
- Tastytrade — Up to $5,000 cash
- TradeStation — Up to $3,500 cash
- Merrill Edge — Up to $600 cash
- Charles Schwab — Up to $1,000 cash
- Robinhood — Up to $250 in stock
- Moomoo — Free stock
How We Chose The Best Brokerage Account Bonuses In July 2025
Our selection of the best brokerage account bonuses for July 2025 prioritizes offers based on bonus size, deposit requirements, eligible account types and expiration terms. We also considered the overall reputation and features of the brokerage firms beyond the incentive.
The Best Brokerage Account Bonuses In July 2025
E*TRADE — Up To $10,000 Cash
- Bonus Size: Earn a cash bonus between $50 and $10,000.
- Deposit Requirements: Deposit between $1,000 and $5 million of new funds or securities. The bonus amount is tiered according to the deposit amount. For example, a $1,000 to $4,999 deposit yields $50, while a deposit of $5 million or more yields $10,000.
- Eligible Account Types: New self-directed brokerage accounts.
- Expiration Terms: Offer valid for new clients opening an eligible account by July 31, 2025, and funded within 60 days of account opening. A promo code, OFFER25, is required. Funds must be maintained for at least six months.
Tastytrade — Up to $5,000 cash
- Bonus Size: Earn a cash bonus between $50 and $5,000.
- Deposit Requirements: Deposit at least $2,000. The tiered bonus ranges from $50 for a $2,000 deposit to $5,000 for a $1 million deposit.
- Eligible Account Types: Individual, joint, business brokerage, trust and autotrade-enabled accounts.
- Expiration Terms: Fund the account with at least $2,000 by Aug. 31. Promo code MYNEWBONUS is required.
TradeStation — Up to $3,500 cash
- Bonus Size: Earn a cash bonus between $150 and $3,500.
- Deposit Requirements: Deposit between $5,000 and $1 million.
- Eligible Account Types: Individual, joint or futures accounts. IRAs do not qualify for this offer.
- Expiration Terms: No expiration date listed. Offer can be terminated at any time. Fund the account within 45 days of opening and maintain the funds for at least 270 days. Promo code 0148AGGL is required.
Merrill Edge — Up to $600 cash
- Bonus Size: Earn a cash bonus between $100 and $600.
- Deposit Requirements: Deposit net new assets of at least $20,000 within 45 days of opening for a $100 bonus. A deposit of $200,000 or greater will get you a $600 bonus
- Eligible Account Types: Individual Merrill IRAs or Cash Management Accounts, including Merrill Edge Self-Directed, Merrill Edge Advisory, Merrill Guided Investing or Merrill Guided Investing with an Advisor.
- Expiration Terms: Often listed as “ongoing,” but specific offer enrollment is required at account opening. Funds must be maintained for at least 90 days. Promo code 600ME may be required.
Charles Schwab — Up to $1,000 cash
- Bonus Size: Offers range from $100 to $1,000, typically through a personal referral program.
- Deposit Requirements: For the referral bonus, deposits range from $25,000 for a $100 bonus to $500,00 or more for a $1,000 bonus.
- Eligible Account Types: Qualifying Schwab accounts (varies by promotion).
- Expiration Terms: Referral offers are often “ongoing” but subject to change. Funds typically must be transferred within 45 days.
Robinhood — Up to $200 in stock
- Bonus Size: Offers varying free stock values ($5 to $200) for new account holders. There is also a 1% to 3% IRA match.
- Deposit Requirements: Link a bank account or debit card for the new account bonus. For the IRA match, contribute new funds to a Robinhood IRA.
- Eligible Account Types: Robinhood brokerage accounts and Robinhood IRAs.
- Expiration Terms: New account bonuses are ongoing. IRA match requires funds to remain in the IRA for at least five years.
Moomoo — Free stock
- Bonus Size: Receive up to 60 free stocks, with the number of stocks increasing with the deposit amount.
- Deposit Requirements: Minimum deposit of $100 for the opportunity to draw for five free stocks, $2,000 for an additional 20 stocks and $5,000 for 35 extra stocks.
- Eligible Account Types: New and existing customers who have not made a deposit or automated customer account transfer service (ACATS) transfer before April 1.
- Expiration Terms: Promotion for deposits lasts until July 31. Funds must be maintained for 60 days to unlock the free stocks.
Choosing The Best Brokerage Account Bonus In July 2025
For people looking to jumpstart their investing journey, an array of brokerage account bonuses are available.
Standouts include E*TRADE, offering up to $10,000 for larger deposits, and Tastytrade, providing up to $5,000 for active traders. TradeStation’s $3,500 bonus is attractive, and Merrill Edge offers up to $600 with manageable deposit tiers. For those interested in fractional shares or IRA matches, Robinhood and Moomoo offer stock-based incentives.
The best bonus depends on your financial situation and investing goals. Consider the required deposit, eligible account types and length of time you must hold your funds. By aligning these factors with your objectives, you can leverage these promotions to enhance your investment portfolio.
Frequently Asked Questions
What are the common requirements to qualify for a brokerage account bonus?
Most brokerage account bonuses require new clients to open an eligible account and fund it with a minimum amount of “new money” from an external source within a specific timeframe. You’ll often be required to maintain the deposited amount for a set period to qualify for and retain the bonus. Using a promo code at account opening is also frequently required.
Are brokerage account bonuses taxable?
Yes, the IRS considers cash bonuses received from brokerage firms taxable. You may receive a Form 1099-MISC from the brokerage reporting the income, and it should be included when you file your tax return. If you receive free stocks, their fair market value at the time of receipt is typically considered taxable income.
Is it worth opening a new account just for the bonus?
While brokerage bonuses can be a great way to get extra cash or stocks, it’s important to consider more than the incentives. Evaluate whether the brokerage’s platform, fees, investment options and customer service align with your long-term investing goals and needs. If you only open an account for the bonus and then find the platform unsuitable, any initial gains may be offset by a poor investing experience or transfer fees down the line. Always read the full terms and conditions to understand requirements and potential limitations.