Brokerage promotions can help new investors take advantage of special deals or offers, including account bonuses, cash back, and free trading. To help beginning investors find the best promotion from online discount stock brokers, we’ve compiled a list of current promotions, bonuses, cash back offers, and brokerage firms offering free trades.
TD Ameritrade is currently offering only one promotion where new accounts get free trades for 60 days and up to $600 cash when you deposit $25,000 or more. The more funds you transfer, the higher your cash back offer. Learn more about this TD Ameritrade Promotion.
TradeKing is one of the best online discount brokers in the market, and the company’s promotions don’t disappoint either. The top TradeKing promotion offers $1,000 in free trades when new investors open an account and deposit at least $10,000. There is also a $150 bonus for switching to TradeKing and transferring a minimum of $2,500. Learn more about these TradeKing Promotions.
Scottrade is currently running a promotion that rewards new accounts with up to a $2,000 cash bonus, depending on how much you contribute to your account. Customers will also get a $100 reimbursement for transfer fees when moving an account from another broker. Learn more about these Scottrade Promotions.
E*TRADE is one of the largest and most popular discount brokerages, and is constantly offering promotions to win new clients. Currently, the best offers from E*TRADE are 60 days of free trading and up to $2,500 in cash bonuses. You may also be eligible for a $600 bonus on qualified IRA accounts. Learn more about these E*TRADE Promotions.
Wealthfront is a robo-advisor that automates the management of your investment portfolio. Wealthfront’s current promotion gets you an additional $5,000 managed for free, meaning new accounts get the first $15,000 in assets managed for free and without fees. Learn more about this great Wealthfront Promotion.
Similar to Wealthfront, Betterment is another recommended robo-advisor. The company provides multiple promotional offers, such as 3 months commission-free when you deposit a minimum of $5,000 or 6 months when you transfer over $100,000. Learn more about these Betterment Promotions.
Motif Investing is currently offering three promotions for new sign-ups. For example, new accounts can get up to $150 in bonuses when they start trading motifs. Similarly, investors can earn another $150 when they transfer an IRA account worth more than $5,000. And finally, Motif Investing traders can get $100 when referring a friend. Learn more about these Motif Investing Promotions.