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Today’s best brokerage account bonuses [Signup and transfer promos]

Explore the best bonuses for opening a new brokerage account, transferring assets and referring friends.

Getting a bonus for opening a brokerage account can provide an initial boost to your portfolio and help you when choosing between providers.

Some brokers offer cash incentives to new customers, while others offer fractional shares in certain stocks. Bonuses are usually dependent on how much cash you deposit or how much in assets you transfer in to your new account.

We review 18 brokers available on the market to find the best brokers for account bonuses, analyzing such factors as bonus value, bonus expiration date, requirements to get the bonus and eligibility. We regularly review and update our best picks as brokerage account bonuses change.

Here are today’s best brokerage account bonuses.

13 best brokerage account bonuses of July 2024

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SoFi Invest®: Up to $1,000 in stock

  • Expiration date: None

How to get it
Select Go To Site, then select Trade Now to complete your application. Open a new SoFi Active Invest account and add at least $10 in new funding within 30 days to earn between $5 and $1,000 in stock.

Eligibility
All legal US residents age 18 or older.

Other active bonuses

  • Earn up to $10,000 when you transfer investments from another brokerage firm.
  • Get $50 in stock for each friend who joins SoFi Invest and funds an Active Investing account with $10 or more.

What we like about SoFi Invest
Its alternative asset funds, free robo-advisor and financial advisor consultations and its zero commission stock, ETF and options trading, with no options contract fees.

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Tastytrade: Up to $5,000

  • Expiration date: December 31, 2024

How to get it
Select Go To Site, then select Open An Account and deposit $2,000 or more in cash or by account transfer. Enter the promotional code MYNEWBONUS to earn between $50 and $5,000.

Eligibility
New customers only who are at least 18 years old and a US resident.

Other active bonuses
Get $250 for each successful referral.

What we like about Tastytrade
Its low-cost options and futures trading and highly-customizable trading platform.

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Moomoo: Up to 15 free fractional shares

  • Expiration date: September 30, 2024

How to get it
Select Go To Site to complete an application. Open a new account and deposit $100–$1,000 to get five or 15 free fractional shares. Enroll in cash sweep and active coupon to receive 8.1% APY on uninvested cash for 3 months, then 5.1% APY.

Eligibility
Only Moomoo clients who have never made a deposit.

Other active bonuses
None.

What we like about Moomoo
Its advanced trading tools, high-interest cash sweep program, practice trading account and commission-free stock, option and ETF trades.

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OPTO: Up to $300

  • Expiration date: None

How to get it
Select Go To Site to complete an application. Open a new account and deposit at least $500 to earn a $50 bonus. To earn a $300 bonus, deposit at least $3,000.

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.

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Robinhood: Up to $200

  • Expiration date: None

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 22 available stocks.

Eligibility
Be a new customer who’s never had a Robinhood brokerage account.

Other active bonuses

  • Earn a 1% bonus on deposits as a Robinhood Gold member, with no limit. Must remain a Gold member for 2 years.
  • 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, high-interest cash sweep program and its zero commission stock, ETF and options trading, with no options contract fees.

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E*TRADE from Morgan Stanley: Up to $5,000

  • Expiration date: July 31, 2024

How to get it
Select Go To Site to complete an application. Open a new brokerage account, enter the promotional code REWARD24 and fund the account with at least $50 within 60 days of account opening to earn $100. To receive the highest bonus of $5,000, deposit $1,500,000 or more.

Eligibility
New E*TRADE customers only.

Other active bonuses
None.

What we like about E*TRADE
Its advanced trading tools and research resources, variety of investment options, practice trading account, commission-free stock, option and ETF trades and robo-advisor access.

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Acorns: Get a $20 bonus investment

  • Expiration date: None

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 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.

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Wealthfront: Get a $50 deposit bonus

  • Expiration date: None

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.

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eToro: FINDER EXCLUSIVE: Get a guaranteed $15 bonus

  • Expiration date: December 31, 2024

How to get it
Select Go To Site, then select Get Started to complete your application. Open a new account and deposit $100 to get a $15 bonus.

Eligibility
Only valid for those who open new eToro Investment accounts through Finder.

Other active bonuses
Get $30 for each successful referral, up to $300.

What we like about eToro
Its social trading features, high-interest cash sweep program, broad crypto offerings and practice trading account.

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M1 Finance: Up to $500

  • Expiration date: December 31, 2024

How to get it
Select Go To Site to complete an application. Sign up and deposit between $10,000 and $100,000 within 14 days and receive a bonus of $75 to $500.

Eligibility
Be a new user who’s never registered for an M1 account.

Other active bonuses
None.

What we like about M1 Finance
Its automated investing feature, high-interest cash sweep program and zero commission crypto, stock and ETF investing.

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TradeStation: 50% off futures brokerage fees

  • Expiration date: None

How to get it
Select Go To Site to complete an application. Open an account and use promo code FUTRAFZT to get 50% off futures brokerage fees.

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.

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JPMorgan Self-Directed Investing: Up to $700

  • Expiration date: July 19, 2024

How to get it
Open and fund a JP Morgan Self-Directed Investing account with $5,000–$250,000+ in cash deposit, securities transfer or by rolling over existing retirement assets from another institution within 45 days of account opening.

Eligibility
Must not have participated in another JP Morgan Self-Directed Investing new money bonus within the previous 12-month period.

Other active bonuses
None.

What we like about JPMorgan Self-Directed Investing
Its diverse investment options, large mutual fund collection and commission-free stock and ETF trades.

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Charles Schwab: Get a $101 bonus

  • Expiration date: None

How to get it
Fund a new account with a minimum of $50 within 30 days of opening, and Schwab will deposit $101 in your account to purchase your stock slices.

Eligibility
Open a Schwab One individual taxable retail brokerage account and deposit at least $50 within 30 days of enrolling.

Other active bonuses
Refer friends and family and they can get up to $1,000 when they deposit $500,000 or more.

What we like about Charles Schwab
Its advanced trading tools and research resources, variety of investment options, commission-free stock, option and ETF trades and robo-advisor access.

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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.

Methodology: How we choose the best brokerage account bonuses

Finder’s investing experts review 18 brokers available on the market to narrow down the best for account bonuses.

We analyze such factors as bonus value, bonus expiration date, requirements to get the bonus and eligibility. We also consider separate, additional available bonuses, such as account transfer bonuses and referral bonuses.

We update our best picks as brokerage products change, disappear or emerge in the market. We also regularly review and revise our selections to make sure that our best provider lists reflect the most competitive available.

Compare all signup bonuses

Here’s a list of signup bonuses, account transfer bonuses and referral bonuses offered by popular stock brokers, including the ones above. Quickly find the best brokerage account promotions by provider, signup bonus and requirements. Select Read more to see Finder’s comprehensive review of that particular broker.

Before creating an account, read the terms carefully to make sure you meet any eligibility requirements. For example, you may need to make a minimum deposit to qualify for a bonus, and you may need to hold your account for a certain period.

ProviderHighest signup bonusRequirementLowest signup bonusRequirementExpirationLearn more
SoFi Invest$1,000Fund a new active invest account with at least $10 within thirty (30) days of account opening$5SameNoneRead more
tastytrade$5,000Deposit $1,000,000+$50Deposit $2,000–$4,999December 31, 2024Read more
MoomooGet 5 or 15 free fractional sharesDeposit $100–$1,000Receive 8.1% APY on uninvested cash for 3 monthsEnroll in cash sweep and activate couponSep 30, 2024Read more
Opto$300Open a new account and deposit $3,000$50Deposit $500None
Robinhood$200Open a Robinhood brokerage account and link your bank or debit card$5SameNoneRead more
E*TRADE$5,000Deposit $1,500,000+$100Deposit $50–$999July 31, 2024Read more
Acorns$20Make your first successful recurring investment of at least $5N/AN/ANoneRead more
Wealthfront$50Deposit $500 within 30 daysN/AN/ANoneRead more
eToro$15Deposit $100SameSameNoneRead more
TradeStation50% off futures brokerage feesNo minimumN/AN/ANoneRead more
M1 Finance$500Deposit $100,000+$75Deposit $10,000–$29,999December 31, 2024Read more
JP Morgan Self-Directed Investing$700Deposit $250,000+$50Deposit $5,000–$24,999July 19, 2024Read more
Charles Schwab$101Deposit $50N/AN/ANoneRead more

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 about brokerage account bonuses

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.

Which broker has the highest bonus?

Of all the brokers on our list, tastytrade offers the highest new account signup bonus. Earn $5,000 when you deposit $1,000,000 or more.

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To make sure you get accurate and helpful information, this guide has been edited by Holly Jennings as part of our fact-checking process.
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Written by

Editor, Investments

Matt Miczulski is an investments editor at Finder. With over 450 bylines, Matt dissects and reviews brokers and investing platforms to expose perks and pain points, explores investment products and concepts and covers market news, making investing more accessible and helping readers to make informed financial decisions. Before joining Finder in 2021, Matt covered everything from finance news and banking to debt and travel for FinanceBuzz. His expertise and analysis on investing and other financial topics has been featured on CBS, MSN, Best Company and Consolidated Credit, among others. Matt holds a BA in history from William Paterson University. See full bio

Matt's expertise
Matt has written 190 Finder guides across topics including:
  • Trading and investing
  • Broker and trading platform reviews
  • Money management

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