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Stock Broker Promotions for May 2018

View list of top brokerage promos and bonus offers for new accounts. These online stock brokers now offer huge incentives. Look for cash bonus, free trades, and transfer fee reimbursement deals.


    Ally Invest
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    Ally Invest

    Pros:
    • Low commission for stock trades
    • No account minimums
    • Online trader network

    Our Review: (4.4) Ally Invest (formerly TradeKing) offers one of the lowest trade fees, but is it good? Learn the pros and cons and see comparisons with other online brokers in this in-depth review... Read full review

    Get Up to $3,500 Cash Bonus and Commission Free Trades for 90 Days

    New Ally Invest customers only. Account must be funded for at least 60 days to be eligible for cash bonus. Terms apply. (Expires 7/31/2018)

    Get $50 Cash Bonus and Commission Free Trades for 90 Days

    New Ally Invest customers only with $10,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. (Expires 7/31/2018)

    Get $200 Cash Bonus and Commission Free Trades for 90 Days

    New Ally Invest customers only with $25,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. (Expires 7/31/2018)

    Get $300 Cash Bonus and Commission Free Trades for 90 Days

    New Ally Invest customers only with $100,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. (Expires 7/31/2018)

    Get $600 Cash Bonus and Commission Free Trades for 90 Days

    New Ally Invest customers only with $250,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. (Expires 7/31/2018)

    Get $1,200 Cash Bonus and Commission Free Trades for 90 Days

    New Ally Invest customers only with $500,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. (Expires 7/31/2018)

    Get $2,500 Cash Bonus and Commission Free Trades for 90 Days

    New Ally Invest customers only with $1,000,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. (Expires 7/31/2018)

    Get $3,500 Cash Bonus and Commission Free Trades for 90 Days

    New Ally Invest customers only with $2,000,000 minimum opening deposit. Account must be funded for at least 60 days to be eligible for cash bonus. (Expires 7/31/2018)

    Open an Ally Invest account

    Open an Ally Invest IRA today. No IRA fees

    TD Ameritrade
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    TD Ameritrade

    TD Ameritrade offers 24/7 customer service - both online and on the phone. But the best way to actually contact TD Ameritrade may surprise you. Read on... Read full review

    Get 60 Days of Commission-Free Trading

    Open a new account by 9/30/2018 and fund within 60 calendar days of account opening with $3,000 or more. Offer is not valid on tax-exempt trusts, 401k accounts, Keogh plans, Profit Sharing Plan, or Money Purchase Plan. Terms apply. See TD Ameritrade's website for details. (Expires 9/30/2018)

    Get $100 and 60 Days of Commission-Free Trading

    Open a new account by 9/30/2018 and fund within 60 calendar days of account opening with $25,000 to $99,999. Offer is not valid on tax-exempt trusts, 401k accounts, Keogh plans, Profit Sharing Plan, or Money Purchase Plan. Terms apply. See TD Ameritrade's website for details. (Expires 9/30/2018)

    Get $300 and 60 Days of Commission-Free Trading

    Open a new account by 9/30/2018 and fund within 60 calendar days of account opening with $100,000 to $249,999. Offer is not valid on tax-exempt trusts, 401k accounts, Keogh plans, Profit Sharing Plan, or Money Purchase Plan. Terms apply. See TD Ameritrade's website for details. (Expires 9/30/2018)

    Get $600 and 60 Days of Commission-Free Trading

    Open a new account by 9/30/2018 and fund within 60 calendar days of account opening with $250,000 or more. Offer is not valid on tax-exempt trusts, 401k accounts, Keogh plans, Profit Sharing Plan, or Money Purchase Plan. Terms apply. See TD Ameritrade's website for details. (Expires 9/30/2018)

    Open an IRA in 15 minutes or less

    Referral Bonus - Earn $50 or 10 Free Trades

    For existing customers only. You can refer up to 50 friends per month. See terms for details. (Expires 6/30/2018)
    Fidelity
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    Fidelity

    Pros:
    • Research reports
    • Beginner-friendly tools
    • Mobile app
    Cons:
    • Restricted platform

    Our Review: (4.4) Thinking of opening a brokerage account with Fidelity? There are many reasons to love Fidelity and a few reasons to think about going elsewhere... Read full review

    Get 500 Free Trades for 2 Years

    To qualify, you must deposit $100,000+ into an eligible existing or new Fidelity account within 60 days. Funds must come from external, non-Fidelity source. You must maintain the minimum qualifying account balance for at least 9 months from the date on which the trades are credited to your account.

    Get 300 Free Trades

    To qualify, you must deposit $50,000 - $99,999 into an eligible existing or new Fidelity account within 60 days. Funds must come from external, non-Fidelity source. You must maintain the minimum qualifying account balance for at least 9 months from the date on which the trades are credited to your account.
    E*TRADE
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    E*TRADE

    Pros:
    • Expansive set of resources and tools
    • Easy to use website
    • Industry leader
    Cons:
    • Trade fees

    Our Review: (4.2) E*TRADE is a highly well-known name, but does that mean it's that much better than its competitors? Read our in-depth review and see how it compares... Read full review

    Get up to 500 Commission-Free Trades

    Open a new non-retirement brokerage account by 12/31/2018 and fund within 60 days of account opening with a minimum deposit or transfer of $10,000 to $24,999. Up to 500 commission-free stock or options trades executed within 60 days of the deposited funds being made available for investment in the new account (excluding options contract fees). No cash compensation for any unused free trade commissions. Terms apply. See E*TRADE website for details. (Expires 12/31/2018)

    Get $200 and up to 500 Commission-Free Trades

    Open a new non-retirement brokerage account by 12/31/2018 and fund within 60 days of account opening with a minimum deposit or transfer of $25,000 to $99,999. Up to 500 commission-free stock or options trades executed within 60 days of the deposited funds being made available for investment in the new account (excluding options contract fees). No cash compensation for any unused free trade commissions. Terms apply. See E*TRADE website for details. (Expires 12/31/2018)

    Get $300 and Up to 500 Commission-Free Trades

    Open a new non-retirement brokerage account by 12/31/2018 and fund within 60 days of account opening with a minimum deposit or transfer of $100,000 to $249,999. Up to 500 commission-free stock or options trades executed within 60 days of the deposited funds being made available for investment in the new account (excluding options contract fees). No cash compensation for any unused free trade commissions. Terms apply. See E*TRADE website for details. (Expires 12/31/2018)

    Get $600 and up to 500 Commission-Free Trades

    Open a new non-retirement brokerage account by 12/31/2018 and fund within 60 days of account opening with a minimum deposit or transfer of $250,000 to $499,999. Up to 500 commission-free stock or options trades executed within 60 days of the deposited funds being made available for investment in the new account (excluding options contract fees). No cash compensation for any unused free trade commissions. Terms apply. See E*TRADE website for details. (Expires 12/31/2018)

    Get $1,200 and up to 500 Commission-Free Trades

    Open a new non-retirement brokerage account by 12/31/2018 and fund within 60 days of account opening with a minimum deposit or transfer of $500,000 to $999,999. Up to 500 commission-free stock or options trades executed within 60 days of the deposited funds being made available for investment in the new account (excluding options contract fees). No cash compensation for any unused free trade commissions. Terms apply. See E*TRADE website for details. (Expires 12/31/2018)

    Get $2,500 and up to 500 Commission-Free Trades

    Open a new non-retirement brokerage account by 12/31/2018 and fund within 60 days of account opening with a minimum deposit or transfer of $1,000,000. Up to 500 commission-free stock or options trades executed within 60 days of the deposited funds being made available for investment in the new account (excluding options contract fees). No cash compensation for any unused free trade commissions. Terms apply. See E*TRADE website for details. (Expires 12/31/2018)
    Scottrade
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    Scottrade

    Pros:
    • Low per trade fees
    • Physical locations
    • Easy-to-navigate website
    Cons:
    • No futures trading
    • High broker-assisted fee

    Our Review: (4.2) With low trade fees, excellent resources, and superior customer service, Scottrade is a highly trusted online broker. Read on for our in-depth review... Read full review

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    Investing
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    Charles Schwab

    Pros:
    • Vast selection of commission-free ETFs and mutual funds
    • 2 platforms (one for beginners and one for advanced traders)
    • 24/7 customer service including online chat
    Cons:
    • $1,000 minimum to open a brokerage account
    • Commission costs on mutual funds outside of the commission-free funds
    • Robo-advisor option requires a minimum investment of $5,000

    Our Review: (4.2) Charles Schwab is one of the oldest names in the world of investing. With something for investors of all levels, it's often the go-to brokerage for investors looking for a new broker... Read full review

    Investing
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    Robinhood

    Pros:
    • Commission-free stock trading on a mobile platform
    • No minimum investment required
    Cons:
    • No retirement accounts
    • Limited research
    • No bond trading
    • No mutual fund trading

    Our Review: (4.0) If the pull of the stock market has gotten a hold of you, but the brokerage options have you overwhelmed, you may want to consider Robinhood. A primarily smartphone-based app, this service offers truly commission-free stock and ETF trades for any investor... Read full review

    Investing
    Read Review

    Vanguard

    Pros:
    • Large selection of mutual funds and commission-free ETFs
    • Broker assistance is available at no additional cost
    • Easy to use
    Cons:
    • Commission structure penalizes frequent traders
    • Customer service wait times
    • Commission costs on non-Vanguard investment options

    Our Review: (3.9) Vanguard Brokerage may be a full-service broker, but typically long-term investors preferring ETFs and mutual funds see the greatest return on their investment with them... Read full review

    Investing
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    Interactive Brokers

    Pros:
    • Large number of investments, including options, futures, and forex
    • Customize trading platform
    • Tools and opportunities for research
    Cons:
    • $10,000 minimum to open an account.
    • Platform can be too much for a beginner to understand
    • Inactivity fees if you don't meet the trade commission requirements.

    Our Review: (4.3) Do you have $10,000 and plenty of trading knowledge? Interactive Brokers may provide you with a solid trading platform. With their competitive fees and robust trading options, they are a common choice for the experienced trader... Read full review

    Investing
    Read Review

    Merrill Edge

    Pros:
    • No account minimums
    • Current Bank of America customers experience seamless account integration
    • Robust research opportunities
    Cons:
    • Platform is not friendly for frequent traders who execute quick trades
    • No commission-free ETFs available
    • Market research reports can be hard for beginners to understand

    Our Review: (4.3) If you are looking for excellent customer service, competitive pricing, and robust investment options, you may have found what you are looking for in Merrill Edge... Read full review

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About CreditDonkey®
CreditDonkey is a stock broker comparison website. We publish data-driven analysis to help you save money & make savvy financial decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

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