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Best 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.

If you’re new to investing, want to switch your brokerage, or just create a new brokerage account, look no further. Brokerages offer prized deals and promotions to new account holders, like sign-on bonuses, free trades, access to premium services, and more. You’ll find promotions from the top brokerages like Fidelity, Ally Invest, ZacksTrade, TD Ameritrade, and TradeStation. Looking for more than just promotions?

Read Benzinga’s 2019 Best Online Brokerages to find the brokerage that works best for you and your trading style.

Compare Deals & Promotions for New Brokerage Accounts

Brokerage Deal Conditions Open an Account

Ally Invest Read full review

  Minimum qualifying deposit for a cash bonus is $10,000 Unlock the promotion and open an Ally Invest  account
Charles Schwab Read full review Make a qualifying net deposit of $100,000 Unlock the promotion and open a Charles Schwab account

E-Trade Read full review

Cash bonuses start when account owners deposit at least $25,000. Commission-free trading starts when account owners deposit at least $10,000 Unlock the promotion and open an E-Trade account

Firstrade

 

Offers valid for new customers only, see site for more details Unlock the promotion and open a FIrstrade account

Lightspeed

Account must be funded and maintained at least $25,000 during the promotion Unlock the promotion and open a Lightspeed account

Merrill Edge by Bank of America Read full review

Account must be funded and maintained at at least $20,000 during the promotion  Unlock the promotion and open a Merrill Edge account

Nadex Read full review

No conditions Unlock the promotion and open a Nadex account 

M1 FInance Read full review

No conditions Unlock this promotion and open an M1 FInance account

Robinhood Read full review

No conditions Unlock the promotion and open a Robinhood account

TD Ameritrade Read full review

Qualify for commission-free trading period if you deposit $3,000. Sign-on bonuses start at $25,000 initial deposits Unlock the promotion and open a TD Ameritrade account

Zacks Trade Read full review

Fund your account with $2,500, and before 12/31/19 to unlock the offer Unlock the promotion and open a Zacks Trade account

Fidelity Investments Read full review

No promotions found at this time No promotions found at this time Open a Fidelity Investments account

Interactive Brokers Read full review

No promotions at this time No promotions at this time Open an Interactive Brokers account

PNC Investments

No promotions found at this time No promotions found at this time Open a PNC Investments account

TradeStation Read full review

No promotions found at this time No promotions found at this time Open a TradeStation account

US Bancorp

No promotions found at this time No promotions found at this time Open a US Bank Investments account
USAA No promotions found at this time No promotions found at this time Open a USAA account

Vanguard

No promotions found at this time No promotions found at this time Open a Vanguard account

WellsTrade by Wells Fargo

No promotions found at this time No promotions found at this time Open a WellsTrade account

Free Stock Trading Promotions

Want to trade stocks or other securities for free? You can if you open up a new brokerage account with some of our favorite online brokers. You’re in luck this August. Right now, Ally Invest, Charles Schwab, E-Trade, and M1 Finance consistently rank at the top of our lists and offer great promotions to trade for free.

Best For
  • Active traders
  • Beginners looking to start trading
  • Low fees

Ally Invest

Read full review
Deal
Conditions
  • New accounts only
  • Minimum qualifying deposit for a cash bonus is $10,000
Open an Account

 

Best For
  • Beginner investors
  • Advanced traders
  • Investors seeking commission-free etfs

Charles Schwab

Read full review
Deal
  • 500 commission-free online equity and options trades
  • Deal is good for 2 years after account opening
Conditions
  • New accounts only
  • Make a qualifying net deposit of $100,000
Open an Account

 

Best For
  • Mobile traders
  • Traders looking for research and data
  • Investors looking for retirement planning guidance

E-Trade

Read full review
Deal
  • Free portfolio management
  • No fees or commissions
Conditions
  • Cash bonuses start when account owners deposit at least $25,000
  • Commission-free trading starts when account owners deposit at least $10,000
Open an Account
Best For
  • Do-it-yourself investors who want to save money
  • Beginning to intermediate traders
  • Passive traders

M1 Finance

Read full review
Deal
  • Free portfolio management
  • No fees or commissions
Conditions
  • No conditions
Open an account
Compare Online Brokers
Broker Commission Account Min Get Started

See Promotion $0 Learn More

$6.95 for fewer than 30 trades/quarter. $0 Learn More

Flat-fee pricing: $5 per trade, Per-share pricing: $0.006-$0.01 per share ($1 minimum per trade) based on trading volume, Unbundled pricing: $0.002-$0.01 per share ($0.50-$1 minimum) based on trading volume $5,000 for individual retirement accounts (IRAs) Learn More

Free $0 Learn More

$0.005 per share minimum $1 and maximum 0.5% of trade value; volume discount available $0 for cash account, or a margin account with $2,000 Learn More