Stock Broker Promotions for July 2018

Ally Invest
Pros: Low commission for stock trades No account minimums Ally LIVE platform

Cons: No physical locations
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
Pros: Easy to Use Thinkorswim Platform Customer Service

Cons: Trade Fees
Our Review: (4.2) Ameritrade fees are higher than competitors, but is it worth it? We say yes and here's why. We analyze and compare it for you in our in-depth review... 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


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)


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.


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
Open an Account


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


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) Robinhood is a commission-free stock trading app. It has no minimum balance requirement, so what's the catch? Read this review for the pros and cons... Read full 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


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


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

You might also be interested in

How to Start Investing
Thinking about investing? Learn how to make your money grow. This beginner's guide offers 7 smart steps to start investing.

Best Discount Broker
The best online broker offers low fees, great customer service, and smart research tools. Find the best discount brokerage to consider.

How to Invest and Make Your Money Work for You
So, you want to invest some of your money, but you have no idea how to start? No problem. This handy 10-step guide is loaded with useful resources to help you get started.