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Best brokerage signup bonuses in July 2022

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

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Shannon Terrell
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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 7/4/2022.

3 best brokerage signup bonuses

Best signup bonus

TradeStation

Finder rating 4.1 / 5 ★★★★★

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  • $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 ★★★★★

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  • 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 signup cash bonus for smaller accounts

Tastyworks

Finder rating 3.9 / 5 ★★★★★

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  • Get $500 for opening an account with $10,000.

Tastyworks’ signup bonus offers investors $500 for opening a new account with a minimum $10,000 deposit.

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 $10,000.

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 7/4/2022, 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
Axos $150 Open an account and keep a balance of $1,000+ for 90 days N/A N/A 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
eToro $10 Sign up and deposit $100 N/A N/A Read review
E-trade $3,500 Deposit $1,500,000+ and use promo code REWARD22 $50 Deposit $5,000–$19,999 and use promo code REWARD22 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 Receive up to 1,000 points Open a brokerage account, then fund it with a $5 minimum deposit, and complete at least 1 trade. N/A N/A Read review
Interactive Brokers N/A N/A N/A N/A Read review
JPMorgan Self-Directed Investing $625 When you open and fund an account with $250,000 or more $125 When you open and fund an account with $25,000-$99,999 Read review
M1 Finance Up to $500 Open an account and deposit $50,000+ $30 Deposit $1,000 – $4,999.99 Read review
Merrill Edge Get $600 Open and fund a CMA or IRA account with at least $200,000 Get $100 Open and fund a CMA or IRA account with at least $20,000 Read review
Moomoo Get a free stock valued up to $2,500 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 $300, 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 Get a free stock Open a Robinhood account 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 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 N/A N/A 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 $150 Open an account and deposit $500+ using the promo code TSTVAFYB N/A N/A 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 4 free stocks valued between $7-$3000 Open an account and make a deposit of any amount Get 2 free stocks each 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 Get up to $150 in transfer fee rebates Open an account and transfer at least $5,000 in securities 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.

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