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Best brokerage signup bonuses in July 2022
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 7/4/2022.
Best signup bonus
Finder rating 4.1 / 5 ★★★★★
- $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.
- Analytical tools and market updates
- Extensive educational resources
- Easy language coding system
- Free trading for active-duty military
- No fractional shares
- No forex trading
- Many fees
- No robo-advisors
Best signup bonus just for opening an account
Finder rating 4.35 / 5 ★★★★★
- 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.
- Low minimum investment amount
- Fee transparency
- Free personalized help
- Membership perks
- IPO investing
- No tax optimization
- Limited account options
- Limited securities
- Limited support
Best signup cash bonus for smaller accounts
Finder rating 3.9 / 5 ★★★★★
- 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.
- No minimum deposit
- Convenient access
- Referral program
- Poorly reviewed app
- Limited investment products
- Limited support
Compare all signup bonuses
|Provider||Highest signup bonus||Requirements||Lowest signup bonus||Requirements||Learn more|
|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|
|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|
|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|
|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|
|TD Ameritrade||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|
|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|
|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|
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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