Best Stock Broker Promotions. Brokerage Offers, Bonuses And Deals To Open New Account In 2017.


Discount online stock broker offers, incentives, bonus codes for clients opening new account or moving account from a different firm. 2017 best brokerage promotions: $600 cash bonus, free trades deals, and investment account transfer fees returns.





Optionshouse rating

Optionshouse



OptionsHouse


Link: Open and fund an OptionsHouse account to get up to $1,000 in free commissions for 60 days.

Disclaimer: click for details

Read Optionshouse review




Ally Invest rating

Ally Invest




Ally Invest


Link: Switch to Ally Invest and get up to $150 in transfer fees reimbursed.

Disclaimer: click for details

Read Ally Invest review




Wealthfront rating

Wealthfront



Wealthfront


Link: Get your first $10,000 managed for free.

Disclaimer: click for details

Read Wealthfront review




TD Ameritrade rating

TD Ameritrade



TD Ameritrade


Link: Trade free for 60 days + get up to $600. TDA

Disclaimer: click for details

Read TD Ameritrade review




Motif Investing rating

Motif



Motif Investing


Link: Buy 30 Stocks in 1 Motif for $9.95. Fully Customizable.

Disclaimer: click for details

Read Motif Investing review




Tradestation rating

TradeStation



TradeStation


Link: Get up to $1,500 in commissions rebates. TradeStation

Disclaimer: click for details

Read TradeStation review




USAA rating

USAA



USAA


Link: Open USAA Brokerage Account.

Disclaimer: click for details

Read USAA Brokerage review




Etrade rating

E*trade



Etrade


Link: At E*TRADE, active traders get $4.95 trades + 50₵ per options contract.

Disclaimer: click for details

Read Etrade review




Capital One Investing rating

Capital One Investing



Capital One Investing


Link: Get $50 for opening new Capital One Investing account with $5,000 or more.

Disclaimer: click for details

Read Capital One Investing review




Charles Schwab rating

Charles Schwab



Charles Schwab


Link: Make $100,000 deposit and get 500 commission-free online equity and options trades.

Disclaimer: click for details

Read Charles Schwab review




About Broker Promotions


Below is a list of the current online discount broker promotions being offered by the various brokerage firms. Due to regulations, a number of these deals are valid only for U.S.-based customers looking to open a new brokerage account.

Please read the details of each offer carefully; some of these offers are not valid for retirement accounts (IRAs).

The most popular types of online broker promotions for 2017 are the following:

- Free Trades: As an incentive to sign up, brokerage companies are offering new clients free trades. The number of free trades range from 3 to 500, and typically must be used within a specific timeframe (i.e. 30, 60, or 90 days).

- Cash Bonuses: Another type of incentive is free cash in exchange for signing up with the brokerage firm. Some firms provide cash bonuses, but do require the account to be funded with specific amounts. These bonuses can range from $25 to $600, with Scottrade offering the highest bonuses. Be sure to read the fine print as these bonuses may be available for existing customers.

- Account Transfer Rebates: Brokerage firms will often reimburse customers for the fees imposed by the client’s old broker for transferring the account. When transferring an account, the client will often incur an account transfer fee (i.e. ACAT fee). These fees may be reimbursed by the new broker; Scottrade and Ally Invest offer Account Transfer Rebates.

Less popular forms of incentives and rewards include gift cards (i.e. Apple), merchandise (i.e. Kindle Fire, computer monitors), free or heavily discounted subscriptions to popular investment magazines, websites, or newsletters.

There are a number of great deals available for the trader or investor looking to open a new brokerage account. However, it is important to remember that it is the service, fees, and reliability of the broker that are most important. Be sure to research brokers carefully by reading high quality reviews from various sources and compare a few different brokers before deciding which one is the best for you.





Brokerage Free Trades Promotions Comparison


Right now many online brokerage firms offer promotions or incentives for investors to lure new customers on to their site. These can be anything from free trades to free cash for opening an account or promotions for referring a friend to the site. Below are descriptions of promotions offered by some of the best known online brokerage firms on the market.


OptionsHouse


Brokerage account promotion: Open and fund an OptionsHouse account to get up to $1,000 in free commissions for 60 days.

OptionsHouse gives investors the ability to trade commission free for 60 days after funding and opening an account. The account must be funded with at least $5,000 within 30 days of the account being open. This online broker promotion is limited to 150 commission-free trades for stocks or options and doesn’t apply to OTC stocks priced below $1.00. Assuming a trader is extremely active and uses all 150 commission-free trades on stocks, the savings will total of $742.50.

Analysis: Once again active traders will benefit from the 60 days of free trading. The limit on free trades is quite high, and no one but the most active investors or day traders will reach this limit.

Optionshouse brokerage review.


TD Ameritrade


Brokerage account promotion: Trade free for 60 days + get up to $600. TDA

Who doesn’t love free cash? TD Ameritrade is luring investors away from other brokers by offering free trading along with a cash bonus. The account minimum for 60 days of commission free trading is only $2,000. However, in order to receive the cash bonus, brokerage accounts must be funded with much higher minimums in a tiered system. In fact, to receive a $500 the account must be funded with upwards of $250,000 in capital. Lastly, the account must be opened for at least 9 months or TD Ameritrade has the ability to retroactively chargeback the account for the cost of the cash awarded.

Analysis: The $2,000 minimum for funding an account is significantly less than other broker promotions. In the case of TD Ameritrade that will get you only 60 days of free trading, as opposed to the 90 days free incentive that some other brokers offer. The cash bonus is enticing on the surface, but unless an investor is well entrenched in the upper class, they will not have enough capital to qualify.

TD Ameritrade brokerage review.


Final Analysis


All of the listed brokerage incentives follow the same formula: commission free trades and/or a cash bonus as a result of a substantial opening deposit. TradeStation and OptionsHouse promotions are almost identical, and give the longest commission free trading period for new clients seen on the list at 60 and 90 days. TD Ameritrade has the best stock broker incentive for those with less capital to invest, setting the minimum deposit for free trades at only $200. Finally, Etrade brokerage account promotion works best for those with at least $25,000 to invest, where they will receive their 60 days of free trades incentive plus the only real attainable cash bonus for anyone but the super wealthy.


Updated on 6/7/2017.





Please share us with your friends





Copyright ©2009-2017 Brokerage-Review.com. All rights are reserved.
Brokerage-Review.com has relationships with other companies. See Terms of Use.