Broker Promotions

Here are the current brokerage deals for several of the major brokers. Most of these brokers offer incentives for you to open an account with them. Typically these promotional offers to get you to establish an account with them include some number of commission-free trades and, if you transfer enough money, cash as well. The cash can exceed $1,000 or more if you are transferring a significant portfolio.

While you aren’t going to establish a brokerage account simply to receive cash or some commission-free trades, if you are deciding between two or three brokerage houses, the difference could be enough to help you decide which broker to go with.

Conspicuously absent from this list is Vanguard. Frequently when we are suggested brokers for our readers, Vanguard is on the top of the list. They are famous for offering low cost mutual funds and ETFs. The fees on their index funds are among the lowest in the industry. However, they rarely, if ever offer any promotions for new accounts. Consequently, they aren’t listed here. If they ever offer any promotions, we will add them to the list below.

 

td-ameritrade-logo

Cash Bonus   $100 $300 $600
Free Trades 60 60 60 60
Transfer $3,000 $25,000 $100,000 $250,000

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Fidelity_Investments_Logo.svg

Cash Bonus $200 $300 $600 $1,200 $2,500
Free Trades 300 300 300 300 300
Transfer $50,000 $100,000 $250,000 $500,000 $1 million

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2000px-ETrade.svg

Cash Bonus   $200 $300 $600 $1,200 $2,500
Free Trades 60 60 60 60 60 60
Transfer $3,000 $25,000 $100,000 $250,000 $500,000 $1 million

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scottrade-logo

Cash Bonus   $100 $200 $300 $600 $1,000 $2,000
Free Trades 50 50 50 50 50 50 50
Transfer $10,000 $25,000 $50,000 $100,000 $250,000 $500,000 $1 million

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charles-schwab-logo

Cash Bonus

$500

Free Trades

Transfer

$100,000

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