Finder may earn compensation from partners, but editorial opinions are our own. Advertiser Disclosure

Best brokerage signup bonuses in October 2021

These brokerage account promotions are among the best in the biz.

Signup bonuses can help new investors choose a trading platform. Some have minimum deposit requirements, while others offer a bonus just for opening an account. While a signup bonus may not make or break your decision to open an account, it’s worthwhile to know which platforms offer the best signup perks in the industry.

Here are the best offers for the week of October 11.

Best signup bonus

TradeStation

Finder rating 4.1 / 5 ★★★★★

Go to site
on TradeStation's secure site
  • $5,000 when investors make a deposit or account transfer of $5 million or more into their Tradestation account.
  • Tradestation caters to experienced traders with commission-free stocks, top-notch charting tools, sophisticated screeners and third-party research. While it’s certainly not the most beginner-friendly platform, Tradestation makes a name for itself with award-winning analytics, extensive educational resources and a custom-built coding language for traders to back-test strategies.

Among the drawbacks? Traders complain of the platform’s high learning curve, high fees for low volume trading and limited access to international assets.

Best signup bonus just for opening an account

Sofi Invest

Finder rating 4.35 / 5 ★★★★★

Go to site
on SoFi Wealth Management's secure site
  • Get one free stock valued between $5 to $1,000 when you open a SoFi Invest Active Investing brokerage account.

SoFi’s brokerage signup bonus is available to any investor who opens a SoFi Invest Active Investing brokerage account. New investors have the opportunity to play SoFi’s Claw Game: investors navigate the claw to the gift they want, drop the claw and receive a random stock worth $5 to $1,000. There are no funding requirements or account minimums to receive this bonus.

The promotion is not available to investors opening a SoFi IRA or investing with SoFi’s robo-advisor.

SoFi offers commission-free stocks, free portfolio management and a reliable, user-friendly mobile app. But its security lineup is limited to stocks, ETFs and cryptocurrencies.

Best free stock offer

Tastyworks

Go to site
on Tastyworks's secure site
  • Get 100 shares of stock with an average total value of $200 to $220 when you open and fund a Tastyworks cash or margin account with at least $2,000.

Tastyworks’ signup bonus offers investors 100 shares of stock that are randomly selected from a collection of 11 stocks priced between $1 and $6. The value of the stock is credited to the investor’s account but will not count toward the investor’s buying power until three months have passed.

Investors new to Tastyworks can fund their account with as little as $1, but any investor keen on the platform’s signup bonus will need to deposit at least $2,000.

Tastyworks is a derivatives-focused trading platform that offers access to stocks, ETFs, options and futures. While not the most beginner-friendly of platforms, its comprehensive research offerings and live access to Tastytrade programs makes it a viable option for active investors seeking options trading.

Compare all signup bonuses

As of October 11, these are the signup bonuses available at 20 of the most popular brokerages. Each platform may have slightly different requirements for what they consider a qualifying deposit. Read the terms before you sign up to make sure you qualify for the bonus.
Provider Highest signup bonus Requirements Lowest signup bonus Requirements Learn more
Acorns N/A N/A N/A N/A Read review
Ally Invest $3,000 Deposit or transfer $2,000,000+ $100 Deposit or transfer $10,000–$24,900 Read review
Betterment N/A N/A N/A N/A Read review
Blooom N/A N/A N/A N/A Read review
Charles Schwab $1,000 Deposit $500,000+ $100 Deposit $25,000-$49,999 Read review
Chase You Invest N/A N/A N/A N/A Read review
E-trade $3,000 Deposit $1,500,000+ and use promo code BONUS21 $50 Deposit $10,000–$19,999 and use promo code BONUS21 Read review
Ellevest N/A N/A N/A N/A Read review
Fidelity $200 Deposit $200+ $50 Deposit $50 to $99 Read review
Firstrade Get up to $200 in transfer fee rebates Open an account and transfer at least $2,500 in securities N/A N/A Read review
FutureAdvisor N/A N/A N/A N/A Read review
Gatsby N/A N/A N/A N/A Read review
Interactive Brokers N/A N/A N/A N/A Read review
M1 Finance $125 Sign up for a one-year free trial of M1 Plus N/A N/A Read review
Merrill Edge N/A N/A N/A N/A Read review
Moomoo Get a free stock valued up to $350 Open your Futu brokerage account via moomoo N/A N/A Read review
Public.com Approved accounts receive a free stock slice worth up to $70, selected from these 9 popular stocks: BYND, DIS, PTON, TSLA, SHOP, ZM, AAPL, AMZN, SPY ETF. Download and sign up with Public.com N/A N/A Read review
Robinhood Free stock (chosen randomly with a value anywhere between $2.50 and $225) Sign up using the promotional link N/A N/A Read review
Schwab Intelligent Portfolios N/A N/A N/A N/A Read review
SigFig Get your first $10,000 managed for free Open your account today with as little as $2,000 and get N/A N/A Read review
SoFi Automated N/A N/A N/A N/A Read review
SoFi Invest $1,000 Download the app and open an account N/A N/A Read review
Stash Invest $5 Add at least $5 to your Invest account N/A N/A Read review
Stockpile N/A N/A N/A N/A Read review
Tastyworks Get 100 shares of stock (worth $1 to $6 a share) Open and fund a new cash or margin account with $2,000+ N/A N/A Read review
TD Ameritrade N/A N/A N/A N/A Read review
Titan N/A N/A N/A N/A Read review
Tradestation $5,000 Deposit qualifying assets of $5,000,000+ and use promo code CASHAFRV $50 Deposit qualifying assets of $5,000+ Read review
Vanguard N/A N/A N/A N/A Read review
Wealthfront N/A N/A N/A N/A Read review
Webull Get two free stocks with values ranging from $3.00 to $2,000 Open an account and make an initial deposit of $5 or more Get one free stock valued between $3.00 and $300 Open an account Read review
Wellstrade N/A N/A N/A N/A Read review
Worthy N/A N/A N/A N/A Read review
Zacks Trade N/A N/A N/A N/A Read review
Disclaimer: The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Bottom line

When selecting a brokerage account, consider its tools, fees, asset classes and more. Signup bonuses may be appealing, but consider your options across multiple platforms before you make a decision.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site