Broker Cash Promotions

Best Broker Cash Promotions. Brokerage Cash Bonus Offers For New Account in 2022

Some brokerage houses are offering cash bonuses for new or existing clients. These firms include Schwab, Fidelity, TD Ameritrade, Merrill Edge, Ally Invest, J.P. Morgan Chase, Tradestation, and E*Trade. Let’s check out the specials.

Tradestation rating


Tradestation Cash Promotion

Promotion link: $150 cash bonus when you transfer funds into TradeStation.

Only New Entity (non-Institutional) Individual or Joint equities and futures accounts with the correct promotional code entered and initially funded with New Assets (as defined below) of $500.00 or greater are eligible for this cash offer. To qualify, you must enroll by entering the promotional code on new account application or request to enroll a new account, via telephone or email, with a TradeStation Representative. You must initially fund the Account with New Assets within 45 calendar days of Account enrollment. New Assets is defined as cash or securities held at a financial institution other than TradeStation (assets transferred from an existing TradeStation account do not qualify). Your Account will not qualify for the cash offer if you withdraw or transfer assets from your Account, then redeposit them into the Account. Asset fluctuations (up or down) do not affect the calculation of Qualifying Assets. Minimum funding of $500 must be maintained through month following account fund date for first payment and through the next month for subsequent payment. The cash offer will be determined based on Qualifying Assets in the Account as follows: Less than $500.00 – cash reward of $0; $500 or more – 2 cash rewards of $75 (total of $150).

Cash reward will be paid out in monthly increments of $75. First deposit of $75 into the Account will be two months following the account fund date. Each subsequent credit will post in following month of qualification. This offer is not affiliated with TradingView and a subscription to TradingView is not required for qualification. This offer cannot be combined with any other offers. Only one offer per client on one qualifying account. Existing clients are not eligible for this offer. Customers who receive promotional offers from any TradeStation affiliate may be subject to IRS Form 1099-MISC reporting requirements should the total value of those items exceed $599 in a calendar year. Please consult a tax professional.

Open Tradestation Account

M1  rating

M1 Finance

M1 Finance Cash Offer

Promotion link: Get $10 cash bonus for $100 deposit at M1 Finance.

M1 BonusAccount Deposit or Transfer
$500 $50,000+
$300 $30,000 – $49,999.99
$150 $10,000 – $29,999.99
$75 $5,000 – $9,999.99
$30 $1,000 – $4,999.99

Open M1 Finance Account

Ally Invest rating

Ally Invest

Ally Invest Cash Promotion

Promotion link: $0 commissions + $75 transfer fee credit at Ally Invest.

If your old account is charged an ACATS fee for an outgoing transfer, Ally Invest will refund this fee up to $75. To qualify for this special, the account transfer must be valued at $2,500 or more.

If your broker did not charge ACATS fee, Ally Invest will still give you $75 bonus when you submit the transfer rebate form.

Open Ally Invest Account

Merrill Edge rating

Merrill Edge

Merrill Edge Cash Promotion

Promotion link: Get up to $600 when you open a new Merrill Edge account with at least $20,000.

Another $600 prize is available at Merrill Edge. This special requires a deposit of $200,000. Depositing $100,000 earns $250, while a $50,000 transfer gets $150. The smallest tier is $100 for a $20,000 deposit. The offer code is ME600.

The transfer of funds must be made within 45 days of account opening, and the assets must remain in the new account for at least 3 months.

Open Merrill Edge Account

About the Author
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, Chad can usually be found managing his portfolio or building a new home computer.