Best Online Brokerage Promotions


Check out the best stock broker promotions for new accounts in September 2019. These promotions apply if you’re opening a brokerage account for the first time or switching from another broker.

By our calculations, TradeStation and Zacks Trade are offering the most valuable promotions for avid stock traders. See each broker’s site for full details. With all of these accounts, there is no obligation to fund and no inactivity or maintenance fees.

Additionally, for all of the brokers listed here, opening up an account is always free, and the promotional period doesn’t start until the account is funded.


GET PROMOTIONgo to Zacks Trade’s site

Zacks Trade is an online deep-discount broker with low commissions, great customer service, and free professional trading platforms.

Zacks is offering a very valuable promotion for new clients in 2018:

Trade stocks for as low as $1 until 2019 at Zacks Trade

GET PROMOTIONgo to TradeStation’s site

TradeStation, known for it’s professional trading software and low rates, has eliminated their software and data fees for all traders.

All-New Pricing. Now Only $5/Trade + No Software Fees.

Ally Invest has 24/7 customer service and a slick online and mobile trading platform for stocks and options that’s totally free.

Currently no promotion.

GET PROMOTIONgo to tastyworks’ site

For new accounts funded with $2,500, tastyworks is capping all options commissions at $10 per leg in 2018.

New for 2018, options commissions capped at $10 per leg.

GET PROMOTIONgo to TD Ameritrade’s site

TD Ameritrade is currently offering up to commission-free trades for 60 days and up $600 for new accounts.

Trade free for 60 days + get up to $600

Finding the best online brokerage promotions

With 99% of online brokerage firms in 2018, valuable signup bonuses and promotions for new accounts are available. When you open up a new brokerage account, even if you are transferring from another broker, always check for a new account promotion.

Keep in mind that most brokers require some minimum deposit to receive the promotion, which is usually free trades or cash back. Most brokers will also want you to keep your newly deposited funds in your account for a period of time, like three months, but there is never any obligation to do this.

Show brokerage promotions table

Best Brokerage Promotions and Bonuses

Online Brokerage




All-new pricing + no software fees

Commission free trading for all military and first responders

Ally Invest

Up to $3,500 cash bonus + commission free trades

Fund account within 60 days of opening

Zacks Trade

Trade stocks for as low as $1 until 2019 at Zacks Trade 

Start an application by August 31st

TD Ameritrade

Trade free for 60 days + get up to $600

Deposit $3,000 within 60 calendar days


New for 2018, options commissions capped at $10 per leg.

Exchange fees still apply


Get $500 in free trades when you open a new account

Must deposit $30,000


Low cost trading with a leading online stock broker

Can’t be a US resident

Charles Schwab

500 commission-free online equity and options trades

$100,000 deposit within 45 days


Up to $2,500 Cash and Trade Free For 60 Days

Deposit within 45 days of opening

Merrill Edge

$600 in your account

Must maintain deposit or 90 days


500 Free Trades for 2 Years

$50,000+ minimum deposit

Interactive Brokers

Open account and get $200 for a friend you refer

Minimum $10,000 for new accounts

M1 Finance

Invest for free

$1,000 minimum deposit


Up to $200 in transfer fee rebates

When you switch from another broker

Personal Capital

Signup for free

$100,000 in linked assets required to invest


5 free trades

Use code “5freetrades” when signing up


$10 in free stock

You and a friend receive $10 in free stock


No promos available



Up to $10,000 in rebates

50% of commissions will be rebated for new accounts


$100 transfer fee reimbursement

New account deposit of at least $10,000


No brokerage promotions available



$30 in wire transfer fees reimbursed

Must wire transfer more than $10,000


No brokerage promotions available


Wells Fargo

No Brokerage promotions available


Updated: September 26, 2019

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