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Best Brokerage Account Bonuses for August 2026

Jessica Inskip

Written by Jessica Inskip
Director of Investor Research

Jeff Anberg

Edited by Jeff Anberg
Senior Editor

Joey Shadeck

Fact-checked by Joey Shadeck
Research Analyst

August 07, 2026
  Fact Checked
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Jessica Inskip Jessica Inskip
Director of Investor Research

Jessica Inskip is Director of Investor Research at StockBrokers.com, bringing 15 years of experience in brokerage and trading strategy. Jessica focuses on investor education and brokerage industry research.

Our editorial team personally verified these brokerage account bonuses on August 3, 2026. We logged into our trading accounts and verified the promotional terms you'll see in this guide.

The best brokerage account bonuses are rarely the ones with the biggest number on the banner. I opened accounts across these brokers and ran the math, because a headline rate means little until you factor in subscription fees, holding periods, and deposit caps. A 3.5% IRA match can net closer to 2.97% once you pay the subscription to earn it. A flat-cash payout that never scales can lose to a smaller percentage match that does.

I judge every offer the same way – how long it lasts, how well it scales with your money, how easily you qualify, and how clear the fine print is. Below are the best brokerage signup bonuses worth your next deposit right now, with the real return on each laid out plainly.

Best broker account sign-up bonuses

stockbrokers-com-favicon.ico How we evaluate the best brokerage account bonuses

Led by Jessica Inskip, Director of Investor Research, the StockBrokers.com research team collects thousands of data points across hundreds of variables. We evaluate features important to every kind of investor, including beginners, casual investors, passive investors, and active traders. We carefully track data on margin rates, trading costs, and fees to rate stock brokers across our proprietary testing categories.

Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on StockBrokers.com. Learn more about how we test.


How Jessica chose these brokerage account bonuses

To find a genuinely valuable new brokerage account bonus, I personally open and test these platforms to strip away the marketing jargon and analyze the actual mechanics of the offer. This hands-on approach exposes hidden holding periods and allows me to evaluate every promotion across four strict pillars: longevity, scalable value, accessibility, and transparency.

I actively ignore short-term flash deals in favor of reliable, evergreen programs that prioritize percentage-based matches, ensuring your rewards scale linearly with your capital. By calculating the true return on deposit and rigorously vetting the fine print, I ensure that the bonuses for opening a brokerage account recommended here will deliver realistic, accessible value to your portfolio.

Broker
Rating
"Best for"
Bullet Points
Range of Investments
4.0/5
Best for 1% to 3% IRA match
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.00 info
Why we like it
Review

Robinhood pairs an uncapped 1% transfer match with a 3% match on IRA contributions for Gold members, making it the strongest standing retirement match in this guide rather than a one-time welcome bonus. Read full review

Pros
  • Uncapped 1% cash match on inbound portfolio transfers.
  • Massive 3% match on IRA contributions for Gold members.
  • Provides a dedicated estate team to seamlessly handle your inbound asset transfers.
Cons
  • The 3% IRA match requires a Robinhood Gold subscription at $5 a month or $50 a year.
  • Carries a strict five-year holding period to retain the matched retirement funds.
Range of Investments
4.0/5
Best 3% cash match for new accounts
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.50 info
Why we like it
Review

tastytrade pays a 3% cash match on new money up to $3,000 with no subscription required, covering both taxable accounts and IRAs, which makes it the highest free match rate in this guide. Read full review

Pros
  • Full 3% match with no subscription or paid tier standing between you and the money.
  • Works on taxable accounts and on Traditional, Roth, and SEP IRAs.
  • Pays more than a 1% match on any transfer below roughly $300,000, including $1,500 on a $50,000 move.
Cons
  • Paid in 36 monthly installments, and missing a monthly login forfeits that month's payment.
  • Any withdrawal in the first 90 days after funding forfeits the entire unpaid match.
Range of Investments
3.5/5
Best for a 1% uncapped transfer bonus
  • Minimum Deposit: $20.00
  • Stock Trades: $0.00 info
  • Options (Per Contract): $0.00 info
Why we like it
Review

Public.com runs a 1% cash match with no ceiling on inbound portfolio, retirement, and crypto transfers, making it the one to take when you are consolidating a large balance. Read full review

Pros
  • Completely uncapped 1% match that scales linearly whether moving $5,000 or $5 million.
  • Pays more than tastytrade's capped 3% match once you move more than about $300,000.
  • Readily accepts outside transfers for both taxable accounts and IRAs.
Cons
  • Tedious account maintenance (e.g., adding a beneficiary requires emailing support for a physical form).
  • The 1% transfer bonus requires a lengthy five-year holding period.
Range of Investments
4.5/5
Best for a $50 to $1,500 tiered cash bonus
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.65
Why we like it
Review

E*TRADE offers the lowest barrier to entry among major traditional brokerages, allowing beginners to trigger a $50 cash reward with a simple $1,000 initial deposit. Read full review

Pros
  • Highly accessible entry tier yields an impressive 5% return on a $1,000 deposit.
  • Tiered cash rewards scale with deposit size, reaching $10,000 for the largest transfers.
  • Features excellent automated ETF investing tools to easily deploy your newly matched capital.
Cons
  • The mid-to-high cash tiers cannot mathematically compete with straight 1% uncapped percentage matches.
  • Requires you to maintain your qualifying balance for a strict holding period to avoid a clawback.
Range of Investments
4.0/5
Best for up to a $3,500 cash bonus
  • Minimum Deposit: $0.00
  • Stock Trades: $0.00
  • Options (Per Contract): $0.80 info
Why we like it
Review

TradeStation pays a tiered cash reward from $50 up to $3,500 and drops you to Tier 4 commission pricing for three months, making it a fit for active traders moving a large balance rather than beginners chasing a percentage. Read full review

Pros
  • Tops the tiered cash offers in this guide between $500,000 and roughly $1.5 million, reaching $3,500.
  • Funding the account unlocks Tier 4 commission pricing for the month you fund plus the two following.
  • Trading gains, losses, and account charges do not count against your qualifying balance. Only withdrawals do.
Cons
  • E*TRADE pays more at every tier below $250,000, including $150 against TradeStation's $50 at a $5,000 deposit.
  • Requires $5,000 to enter, and the cash does not post until roughly nine and a half months after funding.

Top picks for the best bonuses for new accounts

1. Robinhood — The best IRA match

Company Overall Minimum Deposit Stock Trades Options (Per Contract)
Robinhood logoRobinhood
3.5/5 Stars $0.00 $0.00 $0.00

The Bonus: Robinhood offers a 1% to 3% match on IRA contributions (the 3% tier requires a Robinhood Gold subscription, which costs $5 a month or $50 a year). Investors can also earn a 1% uncapped cash match when transferring an existing IRA or 401(k) to the platform.

The Reason: Robinhood takes the top spot for having the most aggressive, scalable percentage match in the industry. The uncapped 1% transfer bonus makes it incredibly lucrative for users rolling over large, existing retirement portfolios. Robinhood supports both Traditional and Roth IRAs, and they even provide a full estate team to seamlessly handle your inbound asset transfers. If you are searching for the best brokerage account bonuses that linearly scale alongside your net worth, this platform is the clearest leader.

The Catch: To retain the matched funds, you must keep the assets that earned the bonus in your Robinhood IRA for a minimum of five years, otherwise an early removal fee applies. If you opted for the 3% contribution match, you must also maintain your Robinhood Gold membership for at least one full year.

Jessica's take

"I found the workflow to open and fund these retirement accounts incredibly intuitive. The web interface places your watchlist alongside methodical calls to action for managing your retirement. Even routine account maintenance, like adding a beneficiary, was wonderfully straightforward. Active traders will also appreciate that Robinhood offers limited margin capabilities directly within their IRA accounts."

Jessica Inskip
Director of Investor Research

Jessica-Inskip--New-Headshot.jpg
Robinhood Legend active trading platform

Robinhood Legend is arguably one of the best-looking active trading platforms on the market, with a sleek, modern interface that’s a pleasure to use. However, that clean design comes with trade-offs: some advanced tools and features are missing compared to more robust platforms. It’s a great experience for visual clarity and ease of use, but power traders may find themselves wanting more.

2. tastytrade — Best 3% cash match for new accounts

Company Overall Minimum Deposit Stock Trades Options (Per Contract)
tastytrade logotastytrade
3.5/5 Stars $0.00 $0.00 $0.50

The Bonus: tastytrade pays a 3% cash match on new money, up to $3,000, using promo code BRINGIT2026. The match is calculated on everything you fund across eligible accounts during your first 30 days, counted up to $100,000. It works on taxable accounts and on Traditional, Roth, and SEP IRAs.

The Reason: This is the highest match rate in the guide that costs you nothing to earn. There is no subscription and no paid tier standing between you and the full 3% signup bonus, which is what separates it from the other high-rate matches here. The gap over our other percentage plays is wide at ordinary amounts. Move $50,000 and tastytrade pays $1,500, where a 1% match pays $500. It also covers IRAs in the same promotion, where TradeStation shuts retirement accounts out entirely and E*TRADE makes you use a separate code. For most people switching brokers, this is simply the most money on the table.

The Catch: The money arrives slowly. Your match is paid in 36 equal monthly installments, so a $100,000 transfer earns $83.33 a month for three years, with the first payment landing roughly 30 days after your funding window closes. Waiting three years for it costs you something in real terms, which brings the true value closer to 2.8% than 3%. You also have to log into your account at least once each calendar month or you forfeit that month's installment. Withdraw anything in the first 90 days after funding and the entire unpaid match disappears. After that, dropping below 80% of your funded amount ends the remaining payments. This one is for new tastytrade customers only, on individual accounts, one per household.

A screenshot of tastytrade

tastytrade boasts a massive library of over 300 technical indicators and 30+ drawing tools. In my time with the platform, I enjoyed snapping drawings to the penny and creating custom time intervals for charts.

3. Public.com — Best uncapped portfolio transfer bonus

Company Overall Minimum Deposit Stock Trades Options (Per Contract)
Public.com logoPublic.com
3/5 Stars $20.00 $0.00 $0.00

The Bonus: Public.com offers a 1% uncapped cash match when transferring an outside brokerage, retirement, or crypto portfolio to their platform.

The Reason: This is the transfer bonus with no ceiling on it, and that matters once the numbers get big. Because it is completely uncapped and based on a percentage, it scales linearly whether you are moving a $5,000 starter account or a $5 million portfolio. This perfectly satisfies our scalable value pillar, making it an incredibly lucrative promotion for wealth consolidation. The two offers cross at about $300,000, where tastytrade's match stops at $3,000 and this one keeps climbing. If you are consolidating more than that, take this one.

The Catch: To retain this matched capital, you must keep the transferred assets and the awarded bonus in your Public.com account for a full five years. Withdrawing or transferring these funds prematurely will result in a prorated early removal fee or the complete forfeiture of the reward.

Beyond the promotional value, tracking your newly consolidated wealth is a highly modernized experience. The web interface is exceptionally well-designed, allowing you to effortlessly monitor your portfolio allocation and performance. The dashboard intuitively groups your holdings by product type, such as equities, options, bonds, and crypto, making it simple to manage everything from a single screen. They support Traditional and Roth IRAs alongside standard taxable accounts, seamlessly accommodating a wide range of inbound transfers.

However, investors should be aware of some operational friction when managing their accounts post-transfer. While features like margin or options are easily activated in the settings menu, routine maintenance can be tedious. Adding a beneficiary to your taxable account or IRA, for example, requires emailing support to request a physical form rather than completing the process digitally.

Public.com Generated Assets stock screening tool

An example of Public.com’s innovative screening tool, used to identify large-cap stocks with revenue exposure to tokenization and tokenized securities based on user-defined criteria.

4. E*TRADE — Best low-barrier account bonus

Company Overall Minimum Deposit Stock Trades Options (Per Contract)
E*TRADE logoE*TRADE
4.5/5 Stars $0.00 $0.00 $0.65

The Bonus: E*TRADE offers a tiered cash promotion (using promo code OFFER26) that scales based on deposit size, starting at $50 and reaching up to $1,500 for large portfolio transfers.

The Reason: E*TRADE provides the lowest barrier to entry among major traditional brokerages. Allowing retail traders to trigger a $50 reward with a deposit of just $1,000 yields an impressive 5% return. For everyday beginners seeking accessible brokerage account bonuses without committing massive capital, this is a standout offer. Once funded, E*TRADE’s automated ETF investing tools make it incredibly easy to put that new capital to work.

The Catch: You must maintain the qualifying deposit balance, minus any standard trading losses, for a strict holding period. Funds must remain in the account for a minimum of twelve months following the initial funding window, or the reward will be revoked.

One thing to sort out before you apply: OFFER26 only works on taxable brokerage accounts, and retirement accounts are excluded. E*TRADE runs a separate promotion for those under code RETIRE26. It covers Traditional, Roth, Rollover, and SEP IRAs along with individual 401(k)s, and the mechanics mirror the brokerage side. Fund within 60 days with at least $1,000, then leave the money alone for twelve months. Both offers climb the same deposit ladder, so the $50 entry tier is identical and the top of the range reaches $10,000 for the largest transfers. If you are moving retirement money, use the retirement code. Applying with the wrong one leaves the bonus on the table.

5. TradeStation – Best cash bonus for large active trading accounts

Company Overall Minimum Deposit Stock Trades Options (Per Contract)
TradeStation logoTradeStation
3.5/5 Stars $0.00 $0.00 $0.80

The Bonus: TradeStation pays a tiered cash reward that starts at $50 and climbs to $3,500. You need at least $5,000 in new money from outside TradeStation, deposited before the offer's cutoff date. Funding also drops you to Tier 4 pricing on stocks and options for three months, which is the same rate their highest-volume traders pay.

The Reason: The cash is not the reason to take this one. E*TRADE pays more at every tier below $250,000, and at a $5,000 deposit TradeStation gives you $50 where E*TRADE gives you $150. What makes this worth a look is the pricing. Funding the account puts you on Tier 4 rates for the month you fund plus the two after it, with no volume requirement and no qualification period. If you trade options with any regularity, three months at top-tier pricing is worth more than the entry-level cash by a wide margin. The cash does get competitive at size, however. Between $500,000 and $1 million you earn $2,000, and a seven-figure transfer pays $3,500, which leads the tiered offers in this guide at that level. This is the pick for an active trader moving a large balance to a platform built around active trading, not for a beginner chasing a percentage.

The Catch: The promotional pricing covers stocks and options only. Futures and futures options are excluded, so a futures trader gets the cash and nothing else. Your tier is set by your initial deposit, and withdrawals work as cliffs rather than reductions. Pull $1,000 out of a $25,000 balance and you drop a tier, which costs you $100. Fall below $5,000 and the reward is gone. Trading results are handled in your favor here since gains, losses, and account charges do not count against your qualifying balance, and only withdrawals do. Be ready to wait for the money. The qualification window closes 270 days after you fund and the cash posts within 10 business days after that, so figure roughly nine and a half months. IRAs and other tax-qualified accounts are excluded entirely.

TradeStation TITAN X desktop trading platform

TradeStation's TITAN X Sector View displays the indices for all 11 GICS sectors in a predefined layout. On the right, the trade ticket shows a quote, applicable buying power, and advanced trade settings for SPY.

Other bonus offers at brokers we tested

6. Interactive Brokers — Best referral match bonus

Company Overall Minimum Deposit Stock Trades Options (Per Contract)
Interactive Brokers logoInteractive Brokers
5/5 Stars $0.00 $0.00 $0.65

The Bonus: Interactive Brokers offers a "Refer a Friend" program awarding up to $1,000 in IBKR stock, paying $1 in shares for every $300 deposited.

The Reason: Operating essentially as a 0.33% match, this referral promotion can still scale highly. It sits just outside our top five because it requires a specific referral link to activate and pays out in company stock rather than liquid cash. Beyond the promotion, IBKR is a powerhouse platform for sophisticated investors, offering an unmatched breadth of alternative investment products, including futures, forex, and gold, alongside advanced portfolio monitoring tools and flexible margin capabilities.

The Catch: You must open a standard taxable account using a valid referral link and deposit at least $10,000 within 30 days. You must then maintain that balance for one full year for the awarded shares to vest. Tax-deferred retirement accounts (IRAs) are strictly ineligible.

7. Webull — Best IRA match for max contributors

Company Overall Minimum Deposit Stock Trades Options (Per Contract)
Webull logoWebull
3.5/5 Stars $0.00 $0.00 $0.00

The Bonus: Webull matches 3.5% on every dollar you contribute to a Webull IRA, the highest contribution match rate in this guide. You need a Webull Premium subscription to get it, which costs $3.99 a month or $40 a year. Without Premium, the contribution match drops to 1%. Premium members who transfer or roll over an outside IRA also get a 3% match on the way in, capped at $7,500.

The Reason: That 3.5% is the highest match rate I found in this roundup, and it beats Robinhood's 3% on paper. I ran the match against the subscription cost to see what it actually returns. Max the 2026 contribution limit of $7,500 and the 3.5% pays $262.50. Take out the $40 Premium fee and you keep $222.50, which works out to about 2.97% on what you put in. Run the same math on Robinhood Gold and you land closer to 2.33%. Gold costs $50 a year against Webull's $40, and it matches 3% instead of 3.5%. You pay more and get less. So for a saver who reliably maxes an IRA every year and plans to stay, Webull's contribution match is the better of the two. That is a real edge for one specific kind of investor.

The Catch: The fee is flat and the match is a percentage, so the less you contribute the worse this gets. Break-even sits around $1,143 a year. Put in less and the Premium fee swallows the whole match. A beginner contributing $500 ends up behind. Two more strings come attached. You have to keep Premium active for 12 months or Webull reclaims five-sevenths of what it paid you. And the matched money has to stay put for five years. That is why Webull lands here instead of the top five. The match only pays off if you max it and stay in.

8. Charles Schwab — Best bonus for low-deposit beginners

Company Overall Minimum Deposit Stock Trades Options (Per Contract)
Charles Schwab logoCharles Schwab
5/5 Stars $0.00 $0.00 $0.65

The Bonus: Charles Schwab offers the $50 Schwab Starter Kit alongside a tiered cash bonus scaling up to $1,000 for larger accounts.

The Reason: Schwab's offer is a great value for absolute beginners. The Starter Kit delivers an unbeatable 100% return on deposit for micro-investors, making it one of the most accessible offers for opening a brokerage account. I found that the platform brilliantly leverages this introductory promo to guide new users through purchasing fractional shares, known as "Stock Slices", alongside exceptional contextual education. However, Schwab falls lower on our list because its larger cash tiers lack scale. Requiring a steep $25,000 minimum deposit just to earn a $100 referral reward simply cannot compete with top-tier percentage matches.

The Catch: To trigger the Starter Kit, you must deposit $50 within 30 days of opening the account. The $50 reward is then automatically split across the top five S&P 500 companies by market capitalization, meaning you cannot choose your own promotional stocks. Additionally, the larger cash tiers require you to use a specific referral link to activate.

9. Ally Invest — Best flat cash bonus for small bankrolls

Company Overall Minimum Deposit Stock Trades Options (Per Contract)
Ally Invest logoAlly Invest
3/5 Stars $0.00 $0.00 $0.50

The Bonus: Ally Invest pays a $200 cash bonus when you open a new Self-Directed Trading account and fund it with at least $1,000 from outside Ally. Move the money over from an existing Ally account instead and the bonus is $100. Ally also runs a newer 3.5% match on new IRA contributions.

The Reason: This is a fantastic flat-cash offer yielding an impressive 20% return on deposit. For retail traders starting with smaller bankrolls, it represents an excellent bonus offer. It ranks below E*TRADE simply because it lacks scalable value: the reward is hard-capped at $200 regardless of whether you deposit $1,000 or $100,000. While the platform features an intuitive, widget-based web dashboard and supports a solid range of investment products, Ally also notably lacks fractional share trading. This omission can make it difficult for beginners to efficiently deploy smaller deposits across a diversified portfolio.

The Catch: To secure the funds, you must make the qualifying $1,000 deposit within 30 days of opening the account. You must then maintain that balance, minus any standard trading losses, for a strict 90-day holding period. Both offers carry a real limitation. You have to already be an Ally Bank or Ally Auto customer who is new to Ally Invest to qualify. If Ally is not already your bank, this one is off the table. The 3.5% IRA match has its own rules. It applies to new contributions only, not transfers or rollovers, and the matched money has to stay for 24 months.

10. Merrill Edge — Best bonus for Bank of America customers

Company Overall Minimum Deposit Stock Trades Options (Per Contract)
Merrill Edge logoMerrill Edge
4.5/5 Stars $0.00 $0.00 $0.65

The Bonus: Merrill Edge offers a tiered cash promotion (using promo code 600ME) scaling up to $600, starting with a $100 payout for a $20,000 deposit.

The Reason: Merrill Edge secures a spot on our list because its cash promotion is a reliable, long-standing offer with incredibly transparent terms. However, it ranks at the bottom of the top ten due to poor accessibility. Requiring an investor to move $20,000 just to trigger the lowest $100 tier yields a meager 0.5% return, making this brokerage account bonus much harder to justify for everyday switchers compared to our top picks. Despite the steep entry point, the platform itself is a fantastic landing spot for existing Bank of America customers, offering a "Dynamic Insights" dashboard that brilliantly consolidates your portfolio and banking into one view.

The Catch: To trigger the reward, you must fund the account with outside assets within 45 days of opening. You must then maintain that qualifying balance, irrespective of standard market fluctuations, for a strict 90-day holding period before the cash is credited to your account.

FAQs

How do brokerage account bonuses work?

A brokerage account bonus functions as a financial incentive to attract your capital. When you deposit new funds or transfer an existing portfolio, the broker rewards you with a percentage match or a flat-cash payout. However, to keep this extra capital, you must maintain your qualifying balance through a strict holding period, which I typically see range anywhere from 90 days to five full years depending on the deal.

What is a bonus holding period and what happens if you withdraw early?

A holding period is the minimum stretch of time you have to leave the qualifying money, and usually the bonus itself, parked in the account after you earn it. I see them run anywhere from 90 days to five full years. Retirement matches sit at the long end, while flat-cash deposit bonuses tend to be short.

Pull the money out early and the broker takes the reward back. Some charge a flat early removal fee, others prorate it to the amount you withdrew, and a few claw back the entire match. Webull, for example, reclaims five-sevenths of an IRA match if you drop your Premium subscription inside the first year. So before you chase an offer, ask whether you can leave the deposit untouched for the full term. A bonus you have to forfeit is not a bonus.

What types of brokerage promotions exist?

Most brokerage promotions fall into a few types, and the type tells you a lot about who the offer is good for.

  • Cash deposit bonus: You fund a new account with new money and get a fixed cash reward. Most are tiered, so a larger deposit earns a larger payout.
  • Contribution match: The broker adds a set percentage of what you contribute to an IRA. It usually caps at the annual contribution limit, so the dollar value stays small.
  • Transfer or rollover match: A percentage of an outside IRA, 401(k), or brokerage account you move in. This is where the biggest payouts live, because it scales with the whole balance.
  • Stock bonus: You receive shares instead of cash, sometimes the broker's own stock and sometimes fractional shares you choose.
  • Referral bonus: Paid when you open an account through a referral link, and it often rewards both you and the person who referred you.

The label matters less than the math. A small percentage match that scales can be worth more than a large flat-cash bonus once you account for the holding period.

How much money do you need to open a brokerage account?

Today, most major platforms allow you to open a standard account with a zero-dollar minimum balance. However, actually qualifying for the best brokerage account bonuses often requires a substantial deposit. While some beginner-friendly promotions trigger with a micro-deposit of just $50, the most lucrative percentage-based matches and traditional flat-cash tiers often require you to transfer thousands of dollars in outside assets to activate the reward.

Are brokerage promotions taxable?

Yes, a new brokerage signup bonus is generally considered taxable income by the IRS. If you receive a cash reward in a standard taxable account, the broker will typically issue a 1099-MISC or 1099-INT form at tax time. Promotional matches deposited directly into tax-advantaged retirement accounts, like IRAs, are treated differently and usually do not trigger immediate tax liabilities until you make a qualified withdrawal.

Can you open multiple brokerage accounts to get more than one bonus?

Yes, across different brokers. Each promotion here is a separate offer, so you can open an account at Robinhood, another at Public, and another at Schwab, and earn all three. What you cannot do is collect the same broker signup bonus twice. Almost every offer is limited to one per person and requires money that is new to that firm, so shuffling the same funds between your own accounts will not trigger a second payout.

The catch is that stacking takes real capital and patience. Every bonus carries its own holding period, so your money stays committed in several places at once. Moving it back out can cost a transfer fee, often $50 to $100 per account, and each cash reward is taxable, with anything over $600 in a year generating a tax form. If you have spare cash and a long horizon, stacking two or three of the strongest offers is worth it. If you are just moving your main account over, pick the single best bonus and stop there.

Our testing

Why you should trust us

Jessica Inskip is Director of Investor Research at StockBrokers.com, bringing 15 years of experience in brokerage and trading strategy. A former FINRA-licensed rep, she held Series 7, 63, 66, and 4 licenses. Jessica focuses on investor education and brokerage industry research, appears regularly on CNBC, Bloomberg, The Schwab Network, Fox Business, and Yahoo! Finance, and hosts the Market MakeHer podcast.

Blain Reinkensmeyer, co-founder of StockBrokers.com, has been investing and trading for over 25 years. After having placed over 2,000 trades in his late teens and early 20s, he became one of the first in digital media to review online brokerages. Today, Blain is widely respected as a leading expert on finance and investing, specifically the U.S. online brokerage industry. Blain has been quoted in The New York Times, The Wall Street Journal, Forbes, and Fast Company, among others. Blain created the original scoring rubrics for StockBrokers.com and oversees all testing and rating methodologies.

How we tested

  • We used our own brokerage accounts for testing.
  • We collected thousands of data points across the brokers we review.
  • We tested each online broker's website, desktop platforms, and mobile app, where applicable.
  • We maintained strict editorial independence; brokers cannot pay for inclusion or a higher rating.

Our research team meticulously collected data on every feature of importance to a wide range of customer profiles, including beginners, casual investors, passive investors, and active traders. We carefully track variables like margin rates, trading costs, fees, and platform features and use them to help rate brokers across a range of categories measuring ease of use, range of investments, research, education, and more.

At StockBrokers.com, our reviewers use a variety of computing devices to evaluate platforms and tools. Our reviews and data collection were conducted using the following devices chosen to reflect the everyday hardware our readers are likely to be using rather than top-tier configurations: iPhone SE running the latest iOS version, MacBook Pro M1 with 8 GB RAM running the current MacOS, and a Dell Vostro 5402 laptop i5 with 8 GB RAM running Windows 11 Pro.

Each broker was evaluated and scored on over 200 different variables across seven key categories: Range of Investments, Platforms & Tools, Research, Mobile Trading, Education, Ease of Use, and Overall. Learn more about how we test.

Trading platforms tested

We tested 14 online trading platforms for this guide:

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About the Editorial Team

Jessica Inskip

Jessica Inskip is Director of Investor Research at StockBrokers.com, bringing 15 years of experience in brokerage and trading strategy. A former FINRA-licensed rep, she held Series 7, 63, 66, and 4 licenses. Jessica focuses on investor education and brokerage industry research, appears regularly on CNBC, Bloomberg, The Schwab Network, Fox Business, and Yahoo! Finance, and hosts the Market MakeHer podcast.

Jeff Anberg

Jeff Anberg is a Senior Editor at StockBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.

Joey Shadeck

Joey Shadeck is the Content Strategist and Research Analyst for StockBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to 10 years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

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