Morgan Self-Directed Investing’s website to see if it’s the right fit for your needs. I may be compensated through 3rd party advertisers but our reviews, comparisons, and articles are based on objective measures and analysis. For additional information, please review our advertising disclosure. Sadly, you are correct that the $1,000 version of this offer has expired. Thank you for letting me know, I’ve updated it with the new offer (same code of 600ME) but with a lower bonus. In best brokerage account deals Computer Science and Economics from Carnegie Mellon University, an M.S.

Steps to earn the Schwab bonuses:

Margin brokerage accounts are similar to cash accounts but invest in funds using borrowed money (up to 50% of the investment’s purchase price) rather than cash. Investing on margin means acquiring a loan, so you’ll be responsible for paying back the contents in full (including any accrued interest). There’s never been a better time to take advantage of brokerage account bonuses. Whether you’re looking to invest with just $50 or move a six-figure portfolio, 2025 is packed with rewarding offers from reputable brokers like Public, Robinhood, Moomoo, Schwab, and Merrill Edge.

Open a JP Morgan self-directed investing account from the official offer page to be eligible for a tiered bonus of up to $700. To qualify, you must deposit at least $5,000 in new money, securities or retirement assets into your account within 45 days. Because these deposits must be new money, they need to be transferred from an external institution. This means JP Morgan-affiliated institutions, like Chase Bank, can’t be the source of the funds.

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Most platforms offer substantial coverage and security measures, but you’ll want to check for any recent scandals or lawsuits in which the platform may be involved. Whether that’s cutting-edge active trading tools or a long list of no-transaction-fee mutual funds, there’s a good online brokerage for everyone. Interactive Brokers has multiple pricing options depending on your level of trading activity and personal trading needs. The basic account, IBKR Lite, offers commission-free stock and ETF trades and competitive fees for most other trades.

Do any brokerages offer a cash bonus?

• Robinhood continues to lead the way in making investing more accessible.
• Brokerage services offered through Robinhood Financial LLC (member SIPC), a registered broker dealer.
• In some ways, it’s like a built-in social network for investors.
• SoFi® is a user-friendly online brokerage account featured in our guide to the best investment apps for beginners.
• Fidelity’s retirement services and features include several retirement calculators, tax strategies, annuities, and long-term growth opportunities catered to individuals’ preferences.

Funds deposited into the Schwab Bank High Yield Investor Checking account do not qualify. To qualify, you typically need to open a new brokerage account, deposit or transfer a minimum amount, and sometimes hold the funds for a set period (e.g., 90 days). TradeStation, a discount online brokerage popular with serious traders, has one of the most generous brokerage promotions on the market for new and existing account holders. It’s worth up to $3,500 cash when you make a qualifying transfer into your TradeStation account. Similar to competitors like Robinhood, moomoo targets young investors who want convenience and attractive fees. Plus, this site currently has one of the industry’s most exciting brokerage account bonuses.

Best Broker Account Cash Sign Up Bonus FAQs

• Legacy brokerages, like Fidelity and Schwab, will have the most account types available.
• To begin the transfer process, individuals fill out a Transfer Initiation Form (TIF) and send it to the firm where they want to transfer their account.
• Standard cash accounts are taxable accounts that give investors access to many investable securities.
• J.P. Morgan Self-Directed Investing has a bonus offer based on how much you deposit into a new account within 45 days.
• Plus, Moomoo’s paper trading feature allows you to practice your strategies with virtual funds, right from the same place.
• You can receive up to 20 fractional stock shares that could total that amount.

These accounts are managed and operated by licensed financial institutions and investment platforms. Stockpile is the best brokerage account for kids to learn how to save and invest in their future. Stockpile offers brokerage and custodial accounts with no recurring fees, minimums, or gift card fees. SoFi offers no-fee stocks, bonds, ETFs, and fractional shares (aka Stock Bits). You can also invest in real-estate-backed funds, contract-free options, and commodities.

Are you comfortable taking responsibility in making investment decisions? Taxable accounts can be a good vehicle if you can check all the boxes. Make it a point to contribute as frequently as you can, because that’s how wealth is built over time. In addition to trading in U.S. markets, you can also invest in the Hong Kong and China-A-shares markets.

Assets from Bank of America, Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S), U.S. Trust, or 401(k) accounts administered by MLPF&S aren’t qualifying net new assets. The offer limits you to one IRA — rollover, traditional, Roth and sole-proprietor SEP only — and one cash management account. Each account holder can’t have more than two enrolled accounts.

Stocks and ETFs trade commission-free and options are free of both commissions and contract fees — something we don’t see often. Invest, bank, secure a loan, open a credit card or purchase insurance for your car, home or life, all from a single, user-friendly platform. Plus, SoFi Invest provides access to credentialed financial planners, a valuable service that often costs hundreds of dollars per session. SoFi Plus members can enjoy as many appointments with financial planners as they like during their eligibility period, while non-SoFi Plus members are limited to one appointment.

Citi is offering a bonus of up to $500 when you open a Self-Invest account. To qualify for the minimum bonus of $100, you must deposit at least $10,000 into your account. The bonus applies to deposits made in either new or existing Self-Invest accounts. J.P. Morgan is offering a bonus of up to $700 when you open a new account by January 23, 2025. You must open a new Self-Directed Investing account by that date, and then transfer the qualifying funds into the account within 45 days of opening. Merrill Edge is offering a bonus of up to $600 when you open and fund a new account.

Best new trading account bonuses. Broker promotion offers to

Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. Building a routine and refining your strategy are just as important as placing the trade itself. Read platform tutorials and stock trading books, attend webinars, and study real examples. Define your risk per trade and total portfolio risk, and write down your reasons to buy and what would make you sell. Taxes matter too – holding for more than a year can qualify gains for long-term rates in a taxable account.

E*TRADE — Up To $10,000 Cash

Stay disciplined around catalysts like earnings, and avoid trading out of boredom. A simple plan you can follow is always better than a complex plan you can’t. SoFi members who are not members of SoFi Plus can schedule one (1) appointment with a financial planner. The ability to schedule appointments is subject to financial planner availability.

Your account type and broker choice should align with your strategy and time horizon. Start with a standard taxable brokerage if your goal is flexibility. If you are saving for retirement, consider an IRA or Roth IRA to benefit from tax advantages.

Margin accounts increase buying power but bring added risks, interest charges, and the possibility of a margin call. Active traders with less than $25,000 must also consider the pattern day trader rule, which can limit trading activity. I only enable margin if there is a clear need and a written plan for risk. Confirm SIPC coverage and review the broker’s fee schedule, platform access, and research.