Unlock December 2024: Top Brokerage Account Bonuses You Can’t Miss!

Brokerages are in a fierce race to win your investment! They’re rolling out enticing bonuses that can give your brokerage account an instant boost. Don’t miss out on the best offers available; they’re often risk-free perks that can make your money work harder for you. Ready to explore the world of investing? Discover if it’s the right moment to open a brokerage account and grab some free cash!

We’ve curated the hottest brokerage account bonuses just for you—so you can easily compare the latest offers and maximize your earnings!

Top Brokerage Account Bonuses for December 2024

• Charles Schwab: $100 to $1,000 (referral bonus)
• J.P. Morgan Self-Directed Investing: $50 to $700
• Tastytrade: $50 to $5,000
• SoFi Invest: $100 to $10,000
• Merrill Edge: $100 to $600
• TradeStation: $150 to $3,500
• E-Trade: $50 to $6,000

Charles Schwab: Earn Up to $1,000!

With Schwab, you can snag up to $1,000 simply by using a friend’s referral code when you open an eligible account. Here’s how:

To qualify for the bonus, you must:

• Get a referral code from a friend or family member.
• Be a new Schwab client and deposit a qualifying amount within 45 days.

Remember, this offer is limited to one referral bonus per account. Eligible accounts include retail brokerage and IRAs.

Your bonus will appear in your account one to two weeks after the 45-day period, provided you meet the requirements. Just a heads up—if you withdraw taxable accounts within a year, Schwab may charge back the bonus!

Bonus Tiers:

• Deposit $25,000-$49,999 for a $100 bonus.
• Deposit $50,000-$99,999 for a $300 bonus.
• Deposit $100,000-$499,999 for a $500 bonus.
• Deposit $500,000 or more for a $1,000 bonus.

J.P. Morgan Self-Directed Investing: Up to $700 Cash!

Open a brokerage or retirement account and fund it with $5,000 or more by January 23, 2025, to earn a cash bonus!

To qualify:

• Open your account via the official offer page.
• Transfer at least $5,000 within 45 days.
• Keep those funds in your account for at least 90 days.

Cash Bonus Tiers:

• $50 for transferring $5,000-$24,999.
• $150 for transferring $25,000-$99,999.
• $325 for transferring $100,000-$249,999.
• $700 for transferring $250,000 or more.

Tastytrade: Cash Bonuses Up to $5,000!

New clients can earn cash for funding an account with a minimum of $2,000!

To claim your bonus:

• Open a taxable account.
• Use “MYNEWBONUS” as your referral code.
• Fund your account by December 31, 2024.

Bonus Tiers:

• $50 for transferring $2,000-$4,999.
• $100 for transferring $5,000-$24,999.
• $500 for transferring $25,000-$99,999.
• $2,000 for transferring $100,000-$249,999.
• $3,000 for transferring $250,000-$499,999.
• $4,000 for transferring $500,000-$999,999.
• $5,000 for transferring $1,000,000 or more.

SoFi Invest: Up to $10,000 in Bonuses!

Transfer your investments to SoFi and reap the rewards!

To earn your bonus:

• Have an active investment or retirement account.
• Transfer a minimum of $5,000 from another brokerage.

Bonus Tiers:

• $100 for transferring $5,000-$24,999.
• $200 for transferring $25,000-$99,999.
• $500 for transferring $100,000-$249,999.
• $750 for transferring $250,000-$499,999.
• $1,000 for transferring $500,000-$999,999.
• $2,500 for transferring $1,000,000-$4,999,999.
• $10,000 for transferring $5,000,000 or more.

Merrill Edge: Cash Bonuses Up to $600!

Open a Merrill Edge IRA or cash management account and you could snag a cash bonus!

To qualify:

• Use offer code 600ME during account opening.
• Deposit at least $20,000 within 45 days.
• Maintain that balance for 90 days.

Bonus Tiers:

• $100 for deposits of $20,000-$49,999.
• $150 for deposits of $50,000-$99,999.
• $250 for deposits of $100,000-$199,999.
• $600 for deposits of $200,000 or more.

TradeStation: Earn Up to $3,500!

Open a TradeStation account and fund it to cash in on attractive bonuses!

To be eligible:

• Open a non-institutional account.
• Use promo code TSTVAGFD.
• Deposit at least $5,000 within 45 days.
• Keep that balance for 270 days.

Bonus Tiers:

• $150 for deposits of $5,000-$24,999.
• $300 for deposits of $25,000-$99,999.
• $500 for deposits of $100,000-$249,999.
• $1,000 for deposits of $250,000-$499,999.
• $2,000 for deposits of $500,000-$999,999.
• $3,500 for deposits of $1,000,000 or more.

E-Trade: Bonuses Up to $6,000!

Open an account with E-Trade and fund it to receive a generous cash bonus!

To qualify:

• Use promo code OFFER24 when opening your account.
• Transfer at least $50 within 60 days.

Bonus Tiers:

• $50 for deposits of $1,000-$4,999.
• $150 for deposits of $5,000-$19,999.
• $200 for deposits of $20,000-$49,999.
• $300 for deposits of $50,000-$99,999.
• $600 for deposits of $100,000-$199,999.
• $800 for deposits of $200,000-$499,999.
• $1,000 for deposits of $500,000-$999,999.
• $3,000 for deposits of $1 million – $1,499,999.
• $5,000 for deposits of $1.5 million – $1,999,999.
• $6,000 for deposits of $2 million or more.

Choosing the Right Brokerage Account

When it comes to selecting the perfect online trading platform, you’ll want to look for features that work in your favor. Here are key factors to consider:

• Cost: The good news? Most online brokers are eliminating trading commissions on stocks and ETFs, making investing more accessible than ever!
• Broker Resources: Investigate the tools available to you, from research capabilities to digital trading apps and the speed of order execution. These resources can make a big difference in your trading experience.
• Personal Strategy: The right account will depend on your unique investment goals, trading frequency, and whether you’re just starting or already an experienced trader.

Ultimately, if certain services like customer support matter to you, make sure to factor them into your choice!