fbpx

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.

Benzinga Money is a reader-supported publication. We may earn a commission when you click on links in this article. Learn more.

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.

Commissions
$0
Account Minimum
$0
Best For
  • Investors who already bank with Ally and want to streamline between accounts
  • Beginners looking for easy-to-follow educational tools
  • Stock investors looking for affordable access to low-priced options and commission-free stock trading

Ally Invest

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

 

Commissions
$0
Account Minimum
$0
Best For
  • 3 trading platforms perfectly in sync makes matching your platform to your skill level a snap
  • Excellent futures trading education for new traders
  • $0 account minimum means anyone can start trading

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

 

Commissions
$0
Account Minimum
$0
Best For
  • Active traders
  • Derivatives traders
  • Retirement savers

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
Commissions
FREE automated investing
Account Minimum
$100 for regular accounts $500 for retirement accounts
Best For
  • Don’t want to take an active role in portfolio management
  • Need a large amount of hand-holding when it comes to selecting investments
  • Want the option to invest in a socially responsible portfolio

M1 Finance

Read full review
Deal
  • Free portfolio management
  • No fees or commissions
Conditions
  • No conditions
Open an account

Hire a Pro: Compare Financial Advisors In Your Area