Firstrade Promotion
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Details on Firstrade’s ACAT-Fee Rebate
Firstrade really wants your business, so it isn’t finished yet. If you incur a transfer fee when you move your IRA or taxable account to Firstrade, Firstrade will reimburse this fee up to $250. To be eligible for this special, the transfer must be worth at least $2,500. Once again, fixed-income securities and mutual funds don’t count towards the minimum transfer amount.
Besides Individual Retirement Accounts, regular taxable joint and individual accounts are eligible for this nice promo (but other accounts, such as custodial accounts and investment clubs, are not).
Once the above terms are met, you must submit a copy of the old broker’s transfer fee. Typically, this will show up on a statement. When Firstrade receives this statement (within 60 days of the transfer, no less), it will credit the new Firstrade account the amount of the transfer fee, up to $250.
The total transferred amount must remain in the new Firstrade account for at least 12 months (excluding market losses); otherwise, Firstrade will reverse the credit.
Details on Firstrade’s Wire-Fee Rebate
Before you decide to walk away, Firstrade has one more offer to attract your business: a rebate of an external financial institution’s outgoing wire fee. Deposit into a new or existing Firstrade account at least $10,000 via wire transfer, and Firstrade will reimburse you up to $25 per wire. Up to three wires per month can be made under this promotion for a total maximum credit of $75.
Unfortunately, IRAs aren’t eligible for this deal. Only joint and individual taxable accounts are. Those accounts that do perform eligible wire deposits must submit proof of wire fees to Firstrade within 30 days of the wire transfers.
As with the ACAT-fee rebate, the promo for the wire-fee rebate has no expiration date.
Firstrade Promotion
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Updated on 6/15/2025.

Chad Morris is a financial writer with more than 20 years experience
as both an English teacher and an avid trader. When he isn’t writing
expert content for Brokerage-Review.com, Chad can usually be found
managing his portfolio or building a new home computer.
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