Update 2/1/24: extended to 2/13/2024
Offer valid for new Firstrade Brokerage accounts opened from 1/3/2024 to 2/13/2024
Update 1/8/24: Deal is back, valid until 2/2/24 Highest tier is now $5k (was 4k). All other tiers the same. Hat tip to Dude
Update 5/17/23: Extended until 5/31/2023.
Update 11/11/22: Deal extended until Dec 12, 2022
The Offer
- Firstrade is offering up to $4,000 in cash when you open and fund a Firstrade Brokerage or IRA account by November 10th, 2022. Bonus you receive depends on the amount you deposit, tiers are as follows:
- $50 bonus when you deposit, transfer and/or roll over $5,000+
- $100 bonus when you deposit, transfer and/or roll over $10,000+
- $300 bonus when you deposit, transfer and/or roll over $25,000+
- $700 bonus when you deposit, transfer and/or roll over $100,000+
- $1,500 bonus when you deposit, transfer and/or roll over $500,000+
- $3,000 bonus when you deposit, transfer and/or roll over $1,000,000+
- $5,000 bonus when you deposit, transfer and/or roll over $1,500,000+
The Fine Print
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Cash Bonus Offer valid for new Firstrade Brokerage or IRA accounts opened from 10/10/2022 to 11/10/2022 and funded within 30 days of account opening with $5,000 or more. To be eligible for the bonus, the new account must be opened using the specific “Open an Account” button associated with this promotional offer. Limit one offer per account type.
- This offer is open to U.S. residents only and excludes current and former Firstrade account holders who have closed their accounts within the past 90 days. This offer is not transferable.
- The account must remain open for 12 months with the minimum funding or assets required for participating in the offer (minus any trading losses), or Firstrade may charge the account for the cost of the offer at its sole discretion. Firstrade reserves the right to restrict or revoke this offer at any time.
Our Verdict
Funds need to stay in the account for 12 months, this isn’t as good as some of the other brokerage bonuses.
Hat tip to Xatos
