Online Broker Offers
Are you getting ready to open a new online trading account for stock trading? Once you’ve completed your review of the trading tools, research, and pricing of each broker, taking several minutes to review current offers is important.
The most common promotional offers made available by online brokers include cash bonuses, which vary depending on the amount of the initial deposit.
In this guide, we will break down the latest promotions available to investors who are looking to open a new brokerage account. All exclusive offers, featured above, are exclusive to visitors of StockBrokers.com and cannot be found anywhere else on the web.
To redeem an offer, click to open an account, then complete the account application and follow the instructions after that, i.e. make a deposit of $xx or place x trades.
For investors and traders looking to take advantage of free stock and options trades, the following offers are worth considering. To take advantage of a commission-free trading promotion, check to make sure you understand what the minimum deposit requirement is for the broker. Next, make sure you know the time window available to place the free trades. Unlike a gift card to your favorite store, all free trade offers expire eventually.
Compare Fidelity vs Charles Schwab
Who doesn’t love cash offers? To take advantage of a cash bonus promotion, make sure to follow the promo guidelines carefully. In most cases, a traditional (taxable) account or individual retirement account (IRA) can be opened to redeem the offer.
Next, check the promotional terms to see how much money must be deposited into the new account to receive cash back. In every case, there will be different tiers listed. Most brokers will require a deposit of at least several hundred thousand dollars to reach the highest cash back bonus tier.
Finally, note that brokers all have no movement restrictions on the deposits for at least several months to prevent customers from funding new accounts, redeeming the offer, and closing the account thereafter.
Compare Merrill Edge vs ETRADE