How to get it Select Go To Site, then select Invest Now to complete your application. Open a new Active SoFi Invest Brokerage account and fund the account with at least $50 of settled funds within thirty days. New customers will then be eligible to enter an electronic claw game to “grab” a promotion piece. Once “grabbed,” the Participant’s screen will display a dollar reward amount, which will be converted to the stock of the participant’s choosing. .
Eligibility All legal US residents age 18 or older.
What we like about SoFi Invest Its alternative asset funds and access to financial advisors, as well as its zero-commission stock, ETF and options trading, with no options contract fees.
INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE
Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees.
Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA(www.finra.org) /SIPC(www.sipc.org).
There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.
Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options
Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser.
Utilizing a margin loan is generally considered more appropriate for experienced investors as there are additional costs and risks associated. It is possible to lose more than your initial investment when using margin. Please see https://www.sofi.com/wealth/assets/documents/brokerage-margin-disclosure-statement.pdf for detailed disclosure information
Up to $1,000 in stock. Customer must fund their Active Invest account with at least $50 within 30 days of opening the account. Probability of customer receiving $1,000 is 0.028%. See full terms and conditions.
SoFi Plus members can schedule an unlimited number of appointments with a financial planner during periods in which the SoFi Plus member meets the eligibility criteria set forth in section 10(a) of the SoFi Plus Terms and Conditions. SoFi members who are not members of SoFi Plus can schedule one (1) appointment with a financial planner. The ability to schedule appointments is subject to financial planner availability. SoFi reserves the right to change or terminate this benefit at any time with or without notice. Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov.
Robo Advisor: Automated investing is offered through SoFi Wealth LLC, an SEC-registered investment adviser. 0.25% fee is based on your account value. The wrap program fee may cost more or less than purchasing brokerage, custodial, and record keeping services separately.
How to get it Select Go To Site to complete your application. Open a Robinhood account and link your bank or debit card to earn between $5 and $200 to spend on whole or fractional shares of any of the 26 available stocks.
Eligibility Be a new customer who’s never had a Robinhood brokerage account.
Other active bonuses
Earn up to a 3% match on annual contributions to a Robinhood IRA with
Robinhood Gold or 1% without.
Get up to $200 in stock for every referral.
What we like about Robinhood Its intuitive mobile app, IRA match program and high-interest cash sweep program, and its zero commission stock, ETF and options trading, with no options contract fees.
How to get it Select Go To Site to complete an application. Open a new account and deposit at least $2,000 to earn a $50 bonus. To earn a $300 bonus, deposit at least $25,000.
Eligibility New customers who fund their account in one lump sum.
Other active bonuses None.
What we like about Opto Its commission-free stock and ETFs, user-friendly mobile app and themed investing approach.
How to get it Select Go To Site and then select Get started to complete an application. Fund a taxable automated investing account with at least $500 within 30 days to get a $50 bonus.
Eligibility Exclusive to Finder readers who do not have an existing Investment Account or Cash Account.
Other active bonuses
Invite a friend who opens a Cash Account as their first Wealthfront account, and you’ll both get a 3-month 0.50% APY boost over the current interest rate.
Invite a friend who opens an Automated Investing Account as their first Wealthfront account, and you’ll both earn $5,000 managed for free.
What we like about Wealthfront Its diverse portfolio mix, portfolio customization, low account fees, tax-loss harvesting, automatic dividend reinvestment and access to individual securities trading.
How to get it Select Go To Site to complete an application. Open a new account, set up recurring deposits and make your first successful recurring investment of at least $5 and get your $20 bonus within 10 days of the following month.
Eligibility New Acorns customers who have not previously opened an Investment Account.
Other active bonuses None.
What we like about Acorns Its beginner-friendly approach to automated investing, spare change investing and access to individual stock trading.
How to get it Select Go To Site to complete an application. Open an account, use promo code TSTVAGLK and fund it with at least $5,000. Then, maintain a minimum balance of $5,000. After 60 days, receive your $150.
Eligibility Must not have an existing futures account.
Other active bonuses Hold a TradeStation Global account and refer a friend to receive a $50 bonus.
What we like about TradeStation Its diverse investment options, practice trading account and commission-free stock and ETF trades.
Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
Are brokerage bonuses worth it?
Brokerage bonuses can be an attractive perk, but whether they’re worth it depends on your investment goals and habits. These bonuses may come with conditions, such as minimum deposit requirements or maintaining a minimum account balance, which can be challenging for some investors.
While a cash bonus or free trades might be tempting, it’s essential to consider the overall costs of the brokerage, including fees and commissions, and whether the platform meets your long-term needs.
In some cases, you might find that the benefits of a bonus are outweighed by higher ongoing costs or limitations on investment options, so it’s important to evaluate the full picture before deciding.
Importantly, you can always transfer your account to a different broker if it doesn’t end up working for you. Just check whether the broker charges an outgoing account transfer fee and if the broker to which you’re moving your account will reimburse these fees.
Bottom line
Brokers offer different bonuses and promotions to incentivize potential customers to sign up for an account. Whether you’re interested in buying stocks online for the first time or simply want to earn a cash bonus or free stock, see which brokers offer a promotion before you sign up. Compare bonuses but also consider its tools, features and fees to find the best stock trading app for you.
Frequently asked questions
Is it worth having two brokerage accounts?
Having two brokerage accounts may be worth it if you don’t find that one broker offers all the features you’re looking for. It also lets you take advantage of multiple brokerage account bonuses.
Are brokerage promotions taxable?
Many broker bonuses are considered taxable income by the Internal Revenue Service and are reported as “Other Income” on a Form 1099-MISC.
Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which Finder receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
