Are you looking for the best brokerage account to manage your portfolio and money for the long run but not sure where to start because there are so many brokerages out here? There are over 3,800 securities and brokerages firms registered in the U.S.
Many brokerage platforms offer bonuses and rewards for new clients based on the assets and funds you transfer to their platform. Knowing the bonus offers is important so you can decide which platform is good to open a brokerage account.
Continue reading to know the best brokerage account for a new account.
5 Best Brokerage account Bonus
1. Webull: Up to 15 Free Stocks worth up to $3,000
Webull offers commission-free stock, ETF, options, and cryptocurrency trading using their mobile app.
Webull has no minimum investment required to start and no minimum or maximum balance requirement for a regular trading account.
Webull offers 15 free stocks to new clients who open webull brokerage accounts.
The free stock reward is chosen “randomly by algorithm from Webull’s Reward Program Inventory of settled shares.” You’ll get a stock with a minimum market cap of $2.5 billion and listed on the NYSE or NASDAQ, so it’ll be easy for you to sell whenever you want.
Here is how you get six free stocks:
- Get two FREE fractional share stocks, each valued between $3 – $300, when you open a Webull brokerage account.
- Get 10 FREE fractional share stocks, each valued between $7 – $3000, when you make an initial deposit of any amount.
Read here on Webull free stock
2. Allen Invest: Up to $3,000 cash bonus
If you are currently searching for a better way to invest your money, Ally Invest (formerly Trade King) offers you a platform to manage your investments.
Ally offers commission-free trading for U.S exchange-listed stock, ETF, and options trading.
It offers a trading platform and mobile app so users can stay on top of the market with live news, market and company snapshots, and streaming charts. Ally members also have 24/7 access to brokers to help answer any investment questions via phone or email support.
New Ally Invest clients can earn up to a $3,000 cash bonus as they as meet the deposit requirements. The new Ally account must be funded with a minimum $10,000 or more to receive the cash bonus.
To receive an Ally Invest cash bonus, you must follow the below steps:
- Open a new Ally Invest account and deposit at least $10,000.
- A client must be a U.S. resident.
- You cannot be an existing Ally Invest account holder or a former Ally Invest account holder (including former TradeKing Securities LLC account holders). If you closed one of these Ally Invest accounts within the last 90 days, you won’t be eligible for the cash bonus.
This offer has the following bonus tiers:
- Deposit or transfer $10,000-$24,999 to receive the $100 bonus.
- Deposit or transfer $25,000-$99,999 to receive the $250 bonus.
- Deposit or transfer $100,000-$249.999 to receive the $300 bonus.
- Deposit or transfer $250,000-$499,999 to receive the $600 bonus.
- Deposit or transfer $500,000-$999,999 to receive the $1,200 bonus.
- Deposit or transfer $1 million -$1,999,999 to receive the $2,000 bonus.
- Deposit or transfer $2 million or more to receive the $3,000 bonus.
3. Charles Schwab: $100 to $1000 referral Bonus
Charles Schwab is an independent bank founded in 2003 by the Charles Schwab Corporation. It is a publicly-traded financial service firm listed on the NYSE.
Charles Schwab is best brokerage platform that offers commission-free trading on stocks, ETF, and a wide selection of mutual funds and fixed income products.
Schwab Offering referral offer rewards up to $1,000. When you’re referred and become a new Schwab client, you can get up to $1,000 with a bonus reward for becoming a new Schwab client and meeting requirements.
When you’re referred and become a new Schwab client, you can get up to $1,000. Simply enroll in the offer and make a qualifying net deposit.
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How to get this offer:
- Click here to visit Charles Schwab’s website. Click the Create An Account/Sign Up button.
- Submit your basic information.
- Alternatively, you can call 800-398-8640 to enroll.
- Once you complete the sign-up process, you must make your first deposit to receive a bonus.
4. Moomoo: Get up to 10 Free stocks
Based in California, United States, Moomoo Inc. is an owned subsidiary of Futu Holdings Ltd, providing an advanced technology company transforming the investing experience by offering a fully digitized brokerage and wealth management platform.
Moomoo is best brokerage platform that offers commission-free trading, and you can invest in stocks, ADRs, ETFs, and options without a commission (options cost up to $1 per contract). You have to pay regulatory fees, like the Security fees and FINRA fees, but there is no commission on the trades to Moomoo. Also, there are no platform fees.
Moomoo is currently offering five free stocks to newly referred users. Here is how you can get ten free stocks when you deposit money into your account:
- Open a brokerage account and get one free stock, valued between $3 – $2,500.
- Fund your account with $100+ and get one free stock, valued between $8 – $2,500.
- Fund your account to $2,000+ and get three free stocks, valued between $3 – $2500.
Note: To get all free stocks, you must complete all requirements within 90 days of account opening.
5. Stash: Get $50 bonus & Up to $1,000 referral bonus
Stash is the best option if you’re looking for a long-term investment. Stash is an app that lets you start investing with $1 monthly or more. With Stash, you dont need to maintain a minimum balance or invest a certain amount of money for using stash. This is the best option for new investors who don’t have much money.
Stash offers more than 400+ stocks and ETFs, most of which hold stocks.
Stash is currently offering $50 referral bonus for new clients who sign up through the referral link.
Read here on Stash promotion
Frequently Asked Questions
Does etrade have a referral program?
ETrade is offering a referral program for existing customers when you invite someone to open etrade using your unique referral link and fund a new account. You will receive up to $600 or more cash bonus.
Does Stash give you free money?
When your friends sign up for Stash via your referral and fund their accounts, you will receive a $25 bonus in your Personal Portfolio.
Does Moomoo give free stock?
Yes, Moomoo is currently offering 15 Free stocks to new customers when someone joins Moomoo using the referral link and makes an initial deposit to their account.