Our posts on the best bank account bonuses and best credit card bonuses are some of the most popular on the site, recently I’ve been trying to post more brokerage bonuses as I know some people use these to make some extra money and it helps them grow their investments. This post will be for the best brokerage bonuses, I’m relatively new to these so I’d welcome your input on bonuses we might have missed and any relevant important information you think should be included. Unlike other sites we don’t use affiliate links for brokerage bonuses so you can ensure you’re getting the best possible deal, rather than the one that pays us the most.
Contents
- 1 Merrill Edge – Up To $1,000
- 2 Citi Wealth Management – Up To $3,500
- 3 Schwab – $101
- 4 Schwab – Up to $1,000
- 5 Streetbeat – $1,020
- 6 TD Ameritrade – Up To $1,000
- 7 E*Trade – Up To $3,500
- 8 Interactive Brokers – Up To $1,000
- 9 SoFi – Up To $5,000
- 10 Chase Self Directed – $700
- 11 SoFi – $75
- 12 Fidelity – $100 Bonus
- 13 Fidelity Bloom – $86 Bonus
- 14 TradeUP – Up To 5 Free Stocks
- 15 Smaller Bonuses – No Requirement
- 16 Bonuses Not Listed
- 17 Post History
Merrill Edge – Up To $1,000
- Read our full post
- Requires $20,000 – $250,000 in deposits for at least 90 days
Citi Wealth Management – Up To $3,500
Huge bonus and it works for self directed accounts, main issue is that account set up is all manual and extremely slow.
- Read our full post
- Deposits must be maintained for three months after account opening (but you can fund within two months of account opening meaning funds can be in there for roughly ~1 month)
Schwab – $101
The Schwab Starter Kit offer gives $101 in the S&P to new customers who deposit $50 within 30 days.
Schwab – Up to $1,000
This offer is for new Schwab members who get referred from a friend; ask a friend who is an existing Schwab member. Largest bonus of $1,000 requires an investment of $500,000+.
- Read our full post
- Deposit must be maintained for one year
Streetbeat – $1,020
Funds need to be in account for six months.
TD Ameritrade – Up To $1,000
Largest bonus of $1,000 requires an investment of $500,000+.
- Read our full post
- Deposit must be maintained for 12 months
E*Trade – Up To $3,500
Largest bonus requires an investment of $1,000,000+, so might be worth focusing on this for higher rollers who have already done the bonuses where funds need to be maintained for a shorter period of time.
- Read our full post
- Deposit must be maintained for six months
Interactive Brokers – Up To $1,000
Direct link to offer
Promotion is a bit confusing as it’s not that clear when/how long the funds need to be in your account for. You also get the bonus in the form of interactive brokers shares and these can’t be sold for one year.
SoFi – Up To $5,000
This is the largest bonus we’ve seen, but does require $2MM+ to get the full $5,000. There are other tiers as well. Assets must remain for 180 days.
Chase Self Directed – $700
Highest tier requires $250,000+ investment. Must be maintained for 90 days.
SoFi – $75
Swagbucks is offering $75 when opening a new SoFi Invest account and funding with $100.
Fidelity – $100 Bonus
 One of the easiest brokerage bonuses to do, but has been as high as $150 in the past. Works on a Cash Management account or an investing account, including an IRA account.
Fidelity Bloom – $86 Bonus
A simple $25 deposit gets you a $50 bonus. Deposit $300 and you’ll get another $30 bonus through their matching program. There are also $6 in other bonuses available.
The account is geared toward young adults but anyone 18+ years of age can open an account. There’s a separate $50 Youth account bonus for teens ages 13 – 17, details can be found in this separate post.
TradeUP – Up To 5 Free Stocks
Requires a deposit or transfer of $5,000+
Smaller Bonuses – No Requirement
There are a number of smaller brokerages that offer sign up bonuses with no deposit requirement. The bonuses are much smaller, but might still be worth picking up for some people.
Acorns – $23
$13.50 is from Swagbucks, other $10 is from Acorns.
- Read our full review
- No deposit requirement
Robinhood – Free Stock
You only get a free stock worth $3-$150, but better than nothing and Robinhood offers commission free trading.
- Read our full post
- No deposit requirement
Webull – Four Free Stocks
Basically the same as Robinhood, you get four stocks stock valued between $3 and $1,000.
- Read our full post
- No deposit required
Firstrade – Free Stock
Same as the above offers.
- Read our full post
- No deposit required
Bonuses Not Listed
Below are some brokerage bonuses we don’t want listed under the ‘best brokerage bonuses’, we are including them here so that readers know they have been intentionally left out and why.
- Betterment 30,000 American Airlines bonus. Bonus is relatively small and you need betterment to manage your funds, not worth doing with the fees involved.
- Personal Capital. Current referral bonus is $20-$50 Amazon gift card, but we’ve seen bonuses as high as $100 in the past.
Post History
- [1/13/23] Updated Chase Self-Directed from $625 to $700
- [12/4/22] Updated Stash from $50 to $110
- [11/20/22] Updated Fidelity bonus from $100 to $150
- [10/29/22] Removed M1 Finance – Up To $5,000
- [8/3/22] Added Robinhood $600 bonus
- [7/28/22] Added Chase YouInvest – Up To $625 Bonus
- [7/25/22] Added Fidelity Bloom – $86 Bonus
- [3/4/22] Updated Schwab Starter Kit Offer from $50 to $101
- [2/14/22] Added Streetbeat – $1,020
- [2/13/22] Added Titan – $100 – No Requirements
- [1/30/22] Added Merrill Edge – Up To $1,000
- [1/24/22] Added TD Ameritrade $1,000 Bonus
- [1/24/22] Removed Axos Bank $150 Bonus
- [12/7/21] Added Axos Bank $150 Bonus
- [11/11/21] Added Axos Bank $100 Bonus
- [11/11/21] Added M1 Finance $500
- [10/24/21] Added Tastyworks $500 Bonus
- [10/19/21] Added Fidelity $100 Bonus
- [10/19/21] Removed Fidelity $50 Bonus
- [10/8/21] Added Fidelity $50 Bonus
- [10/8/21] Removed Fidelity $100 Bonus
- [4/17/21] Removed Merrill Edge – Up To $900
- [4/10/21] Removed SoFi Invest – Invest $1,000+, Get $50 Bonus
- [4/7/21] Added Popular Bank: Up To $1,000 Brokerage Bonus FL, NJ, NY
- [3/19/21] Removed Dough – Free Stock
- [2/4/21] Added SoFi Invest – Up To $2,500
- [1/13/21] Added TradeStation – Deposit $500, Get $100
- [11/25/20] Removed Chase YouInvest – Up To $725 Bonus
- [8/18/20] Citi Wealth Management – Up To $3,500
- [8/9/20] Removed TD Ameritrade – Up To $1,500
- [8/4/20] Added Interactive Brokers – Up To $1,000
- [5/2/20] Removed PNC Invest – Up To $1,500
- [5/1/20] Added M1 Finance – Up To $2,500
- [4/19/20] Added TradeStation – Up To $2,500
- [2/7/20] Added Dough – Free Stock
- [2/2/20] Removed M1 Finance – Up to $2,500
- [1/16/20] Added TradeUP – $50 + Free Stocks
- [1/9/2020] Added Stash Invest – $50
- [1/5/2020] Removed Tastyworks – $250 Bonus
- [12/31/19] Added Tastyworks – $250 Bonus
- [12/20/19] Added Firstrade – Free Stock
- [10/5/19] Added Merrill Edge – Up To $900
- [10/2/19] Added SoFi Invest – Invest $100+, Get $50 Bonus
- [10/1/19] Removed Coin Brokerage – $50
- [8/13/19] Removed SoFi Invest – $25
- [8/3/19] Added SoFi Invest – $25
- [07/30/19] Added Coinbase – $50
- [07/07/19] Removed PNC – Up To $1,500
- [06/-3/19]: Removed Ellevest Online Investing $50 Signup Offer via Referral + $50 Referral
- [06/02/19]: Added PNC Investments: Invest $20k-$500k And Get A $50-$1,500 Bonus
Hi guys, can someone please recommend what will be a good brokerage account for investing (buying/selling stocks only) about 100k to 250k. If there is a bonus on top, that would be even better.
I dont even know what things to even consider when it comes to brokerage accounts.
Is Chase decent? thanks
I just opened with Tastyworks. Great 2000 USD sign up bonus
My exp with them was the same as at least three other commenters here. That is, “How do you even make trades at this (TastyWorks) place?” While that truly was my exp, it’s more of a specialty place, and i am just not their target client.
In terms of a forever account, I’d go with Fidelity. It has a decent trading UI, plus 0/1-day ACH, free wires, and best of all, free ACATS out so you can chase more brokerage bonuses. It also has the “core position” feature, where you can keep your cash holdings in their government money market fund (SPAXX) but still execute a buy or push instantly. You can even get a debit card and checks drawn on the brokerage account. The best bonus I’ve seen for them is $150 flat (usually $100) but you can open another account for a bonus every 12 months.
That said, you can’t beat the Tastyworks bonus; in fact you might be able to put 100k for $2000 there and milk another bonus or two out of the leftovers. I did their 10k for $500 bonus in 2021 (only a 90-day hold instead of 1-year) and I just let the cash sit. My main beef is that they’re *very* focused on options, and it shows in their UI. It’s definitely not as newbie-friendly as, say, E-Trade.
Tastyworks was seemless for me. Account opened 01/10 . Bonus on there 01/20. Great service tbh
Thanks


Max
Was this your first account with Tasty? I closed an old account, so ask not sure if I’ll qualify
yes first time customer
Ally Invest has a $100 bonus for 3 recurring $50 monthly deposits with a new account. Easy bonus. See details below:
https://www.ally.com/go/invest/promotion/ipsumv8/
CAUTION – Note that the FAQs limit eligibility to those who received the offer via email directly from Ally.
You are absolutely right. Good catch. My bad.
Posted now
Q.ai – $100 is dead and can be removed
Tastyworks has a new promo until 3/31/23 https://support.tastyworks.com/support/solutions/articles/43000678965-tiered-opening-promotion-2022. It’s 2% bonus for each minimum deposit and you have to keep the funds in the account for one year.
https://www.doctorofcredit.com/tastyworks-brokerage-bonus-fund-with-2000-earn-200-bonus/
M1 has a new bonus: https://m1.com/transfer/promo-10000 . I didn’t go through all the terms, but I noticed the payout isn’t until December 5th 2023. Not going to touch that, too many bad things can happen to a fintech in 11 months.
Many of these bonuses are expired so it would be nice to clean up and remove them.
Also, surprised that the best bonus, from Public, isn’t listed here especially since it expires at the end of the year.
Done, thanks
looks like robinhood one is expired too
The Ally bonus at https://www.ally.com/go/invest/promotion.html is now gone. (The page redirects). I thought it was still there a few weeks ago. It wasn’t that good of a bonus (or brokerage) anyway.
Actually I just now saw it on Firefox icognito (same address), but couldn’t get it to show up other ways.