9 Best Brokerage Bonuses | Top Deals & Promotions

In this article, I will discuss the Best Brokerage Bonuses available today. Many brokerages offer cash rewards, free stocks, or other incentives to attract new investors.

Whether you’re an active trader or a long-term investor, choosing a platform with a strong bonus can help maximize your returns. Let’s explore the top brokerage promotions and how to qualify for them

Key Points & Best Brokerage Bonuses list

9 Best Brokerage Bonuses

1.Tastytrade

Tastytrade is certainly an option for options and futures traders as they have the best fee structure and advanced tools.

Their bonus program allows new customers to earn bonuses up to 3000 dollars depending on how much they deposit. For experienced investors, Tastytrade is a favorable pick due its focus on active trading which combines professional proprietary research and strategy tools.

Their stock and ETF trades along with the company’s subsequent options are free, while their listed options are modally set at 1 dollar per contract.

The same goes for futures’ trading – it’s accessible and needs no substantiate payment for trades. Though Tastytrade is not meant for absolute novices, they provide strong educational resources to support people trying to improve their investment strategies.

2.ETRADE

ETRADE is a very good broker, as they have all the features for frequent traders and people who prefer to invest for an extended amount of time.

New clients can receive cash bonuses of up to $3,500 if they meet deposit requirements. ETRADE has no commission fees for stocks and ETFs and only charges $0.65 for options contracts.

Serious traders will appreciate The Power E*TRADE platform, as it allows for more advanced charting, screening, and real-time data tracking.

For passive investors, ETRADE has a variety of managed portfolios and retirement accounts. ETRADE’s robust customer support, alongside their user-friendly platform make it the go-to choice for fully automated investing and hands-on solutions assistance.

3.TradeStation

As a commission-free broker, TradeStation charges $0.60 for options contracts, while stock and ETF trading have no commission fees.

TradeStation has direct market access and its stock trading platform was designed with algorithmic and advanced traders in mind.

Because of the complexity of TradeStation, the incorporation of robust educational materials will be beneficial for traders who are looking to automate their strategies.

4.Moomoo

Moomoo is known for commission-free trading and is a great option for those looking for a more tech-forward platform.

New users on the platform can get up to $3,000 worth of free stocks! For cost-sensitive investors, Moomoo boasts $0 commissions on stocks, ETFs, and options, which makes the platform even more appealing. 

To enhance user experience, the platform offers AI-driven analytics coupled with in-depth charting and extended hours of trading. Moomoo enables both novel and veteran traders to use the platform because of its access to global markets and real-time data.

Both mobile and desktop versions are user-friendly, making research and the execution of trades easy. Moomoo is alos perfect for active traders looking to save money as this platform offers outstanding competitive features along with monetary bonuses. 

5.Webull

Webull is one of the most popular brokerages among mobile-first traders as well as active traders. New users have the option to claim stocks for free that are worth up to $3,000 if they would sign up and meet the required deposit terms.

This platform also allows commission-free trading of stocks, ETFs, and options which establishes it as a cost-effective choice.

Webull is differentiated by its advanced charing, extended trading hours, and even the option for paper trading which is useful for practice. The platform also focuses on a vast range of different cryptocurrencies which makes the platform more appealing for investors.

Webull is also one of the brokerages that offers users a mobile and desktop version which provides investors who want flexible yet robust tools the functionalities at their disposal without the hassle. This free bonus further increases the appeal for new investors.

6.M1 Finance

Unlike M1 Finance, manual investors are not their main target audience since this platform is made for long-term.

Depending on the size of the deposits, M1 Finance offers seasonal cash bonuses. This Finance company is known for its commission free structure which allows customer to buy ETF and stocks free of charge.

The company offers a “pie” investing model in which users can select self managed portfolios or expert managed ones.

M1 Finance uses tax optimized investing, automated rebalancing, and fraction share features to make portfolio management easier. M1 is exceptional for passive long term investors, but is not suitable for active day traders.

7.Robinhood

For a new user, Robinhood allows effortless purchase of cryptocurrency, stocks, ETFs or options without any commission. To sweeten the deal, new users can receive a free stock up worty 200 dollars during signup.

The app interface if user friendly which makes it perfect for investing novices. Apart from the free stock incentives, Robinhood also allows instant deposits and has mobile runner features. Compared to other interfaces, Robinhood lacks in depth analysis tools, but its user friendly design earns it high praise among new investors.

8.Charles Schwab

Charles Schwab combines managed portfolios, banking alongside commission free stock and ETFs trading and provides it all under one roof.

New customers can claim cash bonuses of up to $1,000, depending on their initial deposits. As of writing, Schwab also provides $0 stock and ETF trades, but their options contracts are $0.65 each.

The platform’s broad range of investment products, such as mutual funds and bonds, alongside their extensive research, robo-advisory services, and 24/7 customer support means Schwab caters to both hands-on traders and passive investors.

All types of investors benefit from the remarkable customer service, financial planning tools, and bonus incentives.

9.Public

Public is a social investing platform that emphasizes community trading and transparency. New users that signup on the app can receive free stock up to $300.

Public also allows commission-free trading of stocks and ETFs and does not PFOF (Pay For Order Flow), allowing better trade execution.

The platform encourages users to follow expert investors and fosters financial conversations, thus promoting education and discussion.

With its intuitive mobile app, Public has positioned itself as ideal for beginners who are looking to learn the ropes of investing. The free stock bonus and focus on community interaction makes Public an optimal platform for novice market participants.

Conclusion

To wrap things up, the optimal brokerage bonus is contingent upon your investing objectives and trading approach. If you are looking for cash bonuses, TradeStation and E*TRADE are great options but if you prefer free stocks, then Robinhood

Moomoo, and Webull are more suitable. For long term investors, added perks are offered by M1 Finance and Schwab. Adjusting these features and comparing promotions will provide you with a chance to enhance your investing experience.