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Best Stock Broker Promotions, Deals, & Bonuses

Want to Earn Some Extra Money?

  • SurveyJunkie: Earn up to $50 per survey with one of the highest-paying survey sites on the web. Join SurveyJunkie Now
  • Mistplay: Earning money by playing games on your phone sounds like a dream. But this app really pays you for playing new games with cash rewards. Download Mistplay for Free (Android only).
  • Robinhood: This investing app lets you trade stocks and do everything for free and takes no fees — ever. Better yet, if you join through this link you can get a free stock like Apple, Ford, or Sprint when you join (must complete signup).

If you are looking for new investment opportunities or options, check out our most updated list of stock broker promotions, bonuses, and deals such as TD Ameritrade, E*Trade, Schwab, Merrill Edge, Fidelity, Capital One Investing, Motif, and many more.

We listed out all the cash bonuses, points & miles promotions, free commission trade deals, and many more.

You will find all the terms and conditions with the latest update on the web.

Best Stock Broker Promotions

BrokerBonusTermsExpiration
AcornsFree $5 BonusSign up and download the appNone
Ally Invest$0 Minimum Deposit and No Monthly Fees$0 trades, $0.50 per contractNone
Ally InvestUp to $3,500 Bonus & 90 Days of Free Trades$2 Million+ Deposit12/31/2020
BettermentUp to 12 Months Managed Free$500K+ DepositNone
Charles SchwabUp To $2,500$50k+ DepositNone
Charles SchwabUp To $500$1k+ DepositNone
Chase You InvestUp to $625$250k+ Deposit05/07/2020
Charles Schwab500 Commission-Free Trades$100k+ DepositNone
ChoiceTrade$5 base rate plus $0.15 per contactNo Minimum initial depositNone
Cobra TradingFree Platform DemoRequest a Free Platform DemoNone
E*TradeUp to $3,000$1 Million+ Deposit04/30/2020
E*TradeUp to $650$250K+ Deposit04/30/2020
FirstradeFree Stock ReferralOpen an account using a referral linkNone
Firstrade$200 Transfer fee rebatesAccount Transfer of $2,500 or moreNone
FirstradeUp to $600$10K+ Deposit04/15/2020
Future AdvisorFree Service Sign UpMany services are free to use. Premium service management fee is 0.50%None
Just2Trade$2.50 Per TradeN/ANone
Lightspeed Trading$10,000 Cash Back$25K MinimumNone
Matador$20 + Up to $500Fund w/ $10 for 30 daysNone
Merrill EdgeUp to $900$200K+ Deposit07/15/2020
Merrill EdgeUp to $600$200K+ DepositNone
Motif Investing3 Free MonthsN/ANone
Motif Investing30 Stocks For $9.95No MinimumNone
Motif Investing$9.95 Total Commission/Motif Trade or $4.95 Per Single/Stock TradeNo MinimumNone
Personal Capital$20 Referral bonusUse the referral invitation linkNone
RobinhoodFree Share of Stock for New Users (Up to $500)No MinimumNone
SigFigUp To 10,000 Managed Free$2,000 opening depositNone
SogoTrade100 Free Trades & $100 Transfer Fee Reimbursement$500+ Deposit for free trades. Transfer $10K+ for $100 Reimbursement.None
SoFi Invest$75 bonus$1,000 depositNone
Speed Trader$100 in Free TradesN/ANone
SureTrader$50 in Free Trades$500 DepositNone
SureTrader$100K Trading DemoN/ANone
TD AmeritradeUp to $600$250K+ Deposit04/30/2020
TD Ameritrade IRAUp to $600$250K+ Deposit04/30/2020
TradeUPFree Stocks & $50 Bonus$3,000 Deposit and ReferralNone
Wealthfront$5,000 Managed FreeUse the referral invitation linkNone

Let’s face it. Interest rates on standard savings account are basically zero (less than 1%), so with inflation at 2% the value of your money declines in real terms which means you are actually losing money over the long term by leaving it in your personal savings account.

While it is important to make sure that you have access to cash when needed to pay for unforeseen expenses, you probably don’t want to leave more than 3-6 months of living expenses in your personal savings account at one time. That means that you need to find a way to invest your newly acquired savings.

Want free money?

  • Aspiration: Want to get spotted a $100 for free? Simply sign up for Aspiration, and the free banking app will give you cash for free, you just relax while it gives you $100 just for opening a new debit card. There’s no catch, just use your card to make at least $1,000 in cumulative transactions within 60 days of opening an account. This bank account is legit and only takes two minutes to sign up for an account.

Hooray for investing!

Life coach, author and investing guru Tony Robbins has stated that the 3 most important investing steps everyone should take are:

  1. Make use of compounding interest as early as possible
  2. Diversify your investments
  3. Automate your investments

When Should You Start Investing?

It’s a common misconception that when people hear about investing they believe that they need “wealth” in order to invest when actually the opposite is true. You don’t need millions of dollars or even tens of thousands of dollars in order to begin investing in your future.

The best time to start investing is when you are just starting out with modest savings. The reason for this is the magic of compound interest.

Compound interest is when you earn money on a deposit (a percentage that varies depending on the type of account), and then you earn more interest on that interest from the initial deposit, and then this process keeps continuing for 10, 20 or 30 years until your money has greatly increased in value!

Example of Compound Interest: You invest $1000 as an initial deposit into an account that pays a 6% interest rate (slightly lower than the average of the stock market), and then you deposit $300/month (About 10% of $50k/year salary). After 10 years you would have $50k, then $141k after 20 years and $307k after 30 years. And this is even without increasing your savings relative to your rising salary!

The best part is that you can start doing this right now with investment options available to the average person.

“SO YOU’RE TELLING ME THAT THERE IS AN ACCOUNT OUT THERE THAT WILL ALLOW ME TO GROW MY MONEY THAT MUCH?”

And my answer to this question is YES.

And the best part is that you don’t have to buy expensive blue-chip stocks (Apple, Amazon, Google, etc.), a life insurance policy or an expensive rental property to generate this extra income.

All you have to do is deposit your extra savings each month and be patient as time is your best friend.

When you only small deposits from your savings each month, over a 10, 20 or 30 year period you can grow your savings into multiple six figures.

How Do I Invest?

The best way to do this is to get into the stock or bond market early in your life and keep your money there over the long term. Some people might think that there are secrets to timing the stock market, or they are worried about recessions or market downturns, but the single most important factor to growing your savings is getting into the market early and keeping your money there over the long term.

A great way this can be done by the average investor is through index funds. An index fund is designed to track a specific group of investments, often stock or bond markets as a whole, and therefore is less dependent on an individual company, which decreases your risk and diversifies your money. So if the U.S. stock market overall experiences 7% growth per year over a 10 year period, then it is likely that an index fund tracking the U.S. stock market would experience the same growth.

Note: Index funds are a specific type of mutual fund, and all mutual funds are NOT the same.

What Investment Brokers To Use?

If you are interested in buying index funds, Vanguard is a great option as they have extremely low fees (About 0.05% of profits). Or if you are interested in service which will manage the buying and selling of index funds for you and automate the process, Wealthsimple and Acorns are both great options that only charge low fees. All you do is set up an account, choose your risk tolerance and deposit your funds. Their service will automate the rest!

Wrapping it up


Games that pay you to play. Yes, we're serious.

These 3 apps will pay you to play games on your mobile device:

  1. Mistplay (Android) - If you have an android device, you can download this app and start getting cash rewards for playing new games.
  2. Solitaire Cube (iOS) - Earning money by playing games on your phone sounds like a dream. But this app really pays you for playing solitaire with cash rewards.
  3. Lucktastic (Android) - This free app offers the same daily scratch-off cards that you find at your local convenience store — but here you can play for free and win real money.

Investing shouldn’t be expensive or complicated as it’s so important to start early in order to maximize the value of compound interest. There are plenty of useful investing guides right here on My Millennial Guide, free to use to dive more into the topic of how to start investing in the stock market or you can take a peek at the best stock trading courses.

Hopefully, you have learned a bit about investing and have gained the confidence to get out there and begin investing for yourself!

The Best Investment Apps For Everyday Investors

App Rating CommissionsLearn More
robinhood logo

5.0/5 

Free$0

OPEN ACCOUNT
On Robinhood's website

M1 finance

5.0/5

Free$100

OPEN ACCOUNT
On M1 Finance's website

fundrise

5.0/5

0.15%$500

OPEN ACCOUNT
On Fundrise's website

public

5.0/5

Free$0

OPEN ACCOUNT
On Public's website

webull logo

4.9/5

Free$0

OPEN ACCOUNT
On Webull's website

Want free money?

  • Robinhood is a free investing app for your phone. I really mean free all around – free to join and they don’t charge any fees to buy or sell the stock. You can get a share of stock like Apple, Ford, or Sprint for free when you join through this link. The value of the free share may be anywhere between $2.50 and $200 and fluctuates based on market movements. You’ve got nothing to lose.
Brian Meiggs
Brian Meiggs
Brian is the founder of My Millennial Guide and is an entrepreneur who has spent the last few years creating websites and building brands. He has been quoted in several online publications, including Yahoo! Finance, NASDAQ, MSN Money, AOL, Discover Bank, GOBankingRates, Student Loan Hero, Fit Small Business, Cheapism, SmartAsset, Bankrate, RISE Credit, AllBusiness, Cheddar, Commonbond, Niche, Rewire, Credit Donkey, Debt.com, and more. He uses the free Personal Capital app to manage his cash flow and net worth.

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