Best Broker Promotions, Deals, and Bonuses of 2021
6:30 AMThe investment brokerage industry has become incredibly competitive, with firms routinely offering all kinds of incentives – from cash bonuses to free trades and more. As can be expected, the offers – and the firms making them – change throughout the year. Here is a list of the best broker promotions, deals and bonuses of 2019.
Below is a list of ten brokerage firms and their promotions, deals and bonuses in 2019. It’s up to you to decide which is the best offer for your particular situation, so we’ve listed them in alphabetical order for your to peruse. Enjoy!E*Trade
E*Trade is currently offering a cash bonus of up to $2,500. The offer however is based on a sliding scale, and looks like this:- $2,500 bonus on deposits of $1,000,000 or more
- $1,200 bonus on deposits between $500,000 and $999,999
- $600 bonus on deposits between $250,000 and $499,999
- $300 bonus on deposits between $100,000 and $249,999
- $200 bonus on deposits between $25,000 and $99,9999
TD Ameritrade
TD Ameritrade is offering 60 days of commission-free trades and up to $600 in cash bonuses based on the amount you transfer into one of their accounts. The offer applies to both regular and IRA accounts. The cash bonus amount is determined based on the size of your deposit:- No bonus, but free trades for up to 60 days with a minimum deposit of $3,000
- $100 bonus, plus free trades for up to 60 days with a deposit between $25,000 and $99,999
- >$300 bonus, plus free trades for up to 60 days with a deposit between $100,000 and $249,999
- >$600 bonus, plus free trades for up to 60 days with a deposit of $250,000 or more
Ally Invest
Ally Invest is currently offering a terrific cash promotion where new account holders can earn up to $3,500 when signing up. Details are as follows.- Up to $3,500 cash bonus – Depending on how much money you have available to deposit, Ally Invest is prepared to give you a cash bonus of up to $3,500 on top of your deposit.
- To qualify, accounts must be funded within 60 days of account opening. The qualifying deposit to open the new account must be made from outside Ally Invest. To receive the minimum cash bonus, you must invest a minimum of $10,000. This minimum must remain in the account (minus any trading losses) for a minimum of 90 days from the date of funding. The bonus structure is as follows:
Charles Schwab
In addition to regular low stock trading fees of $8.95 per trade, Charles Schwab is currently offering 500 commission-free online trades for an entire year. The offer includes quarterly one-on-one check-in sessions with a trading coach over the course of the year. In order to qualify, you need to open a new account and make a net deposit of $50,000 or more. The deposit must be made within 45 days of opening the new account.Fidelity Investments
Fidelity Investments already offers an attractive investment platform with regular stock trades at $7.95 per trade. But they are also offering a free trades bonus with both regular accounts and IRAs. The offer is open to both new accounts and new deposits into existing accounts. Like E*Trade, Fidelity Investments also uses a sliding scale but only two tiers for free trades- $50,000 – $99,999 deposit – 100 free trades
- $100,000+ deposit – 200 free trades
FirsTrade
FirsTrade is offering up to 500 commission-free trades for 30 days. Eligibility rules require you to open a new account and deposit at least $2,000 into it within 30 days of opening. That’s on top of their already low stock trading fee of $6.95 per trade. They are also offering cash bonuses for larger deposits, in addition to 500 commission-free trades for 30 days:- 500 Free trades on $2,000 minimum deposit
- $100 bonus + free trades on deposits between $25,000 and $49,999
- $200 bonus + free trades on deposits between $50,000 and $99,999
- $300 bonus + free trades on deposits over $100,000
Merrill Edge
Merrill Edge is offering 300 no-fee online trades when you open up a new account with them (the normal trading fee is $6.95 per trade). The free trade offer applies to trades on both stocks and ETFs. Along with the free trades, they are also offering the following bonus schedule:- $20,000 or more, $100 bonus
- $50,000 or more, $150 bonus
- $100,000 or more, $250 bonus
- $200,000 or more, $600 bonus
USAA
USAA is offering 50 free trades. To be eligible the trade must be an equity security, 1,000 shares or less, priced greater than $1, and placed through a self-service channel. Options are not subject to the free trades. After 50 free trades or 90 days (whichever comes first) the account will revert to your gold or platinum fee schedule, depending on asset and activity levels. The offer is good through December 31, 2015. Have you taken advantage of any of these promotional offers yet?Online brokers now offer rich bonuses to get your business. Here is a list of the best broker promotions, deals and bonuses.The post Best Broker Promotions, Deals, and Bonuses of 2021 appeared first on The Dough Roller.
via Finance Xpress
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