Best Brokerage Bonuses Right Now
The best bonus may be from Webull, but it might not be the best broker for you.The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.
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Just because a broker pays you to open an account doesn’t make it the best place to invest.
In the long run, that money isn’t nearly as important as finding a broker with great tools, low fees, a wide investment selection and quality customer service. So here, I’ve outlined the best brokers with the best bonuses.
Our 2026 list of the best brokerage bonuses
The two best brokers that offer cash bonuses are Webull and Public. Webull currently offers a higher reward, but Public’s app is much better, and that will likely benefit you more.
Full list of broker bonuses
Best bonus for most investors (3%+ match) → Webull
Best broker with a good bonus (1% match) → Public
Best stock bonus ($30+ in NVDA stock) → Moomoo
Fastest bonus payout → E*TRADE
See these broker bonuses with the fine print explained
Full list of brokers that offer bonuses
The following brokers offer a bonus for either new deposits or transfers. Most broker promotions come with a lot of fine print. Check out our full table that details how much you have to deposit for each payout tier and how long you have to wait to get your cash below.
Company | NerdWallet rating | Promotion | Account minimum | Learn more |
|---|---|---|---|---|
5.0/5 | Up to 4% match (up to $2M) when you open and fund an account with Webull | $0 | Learn moreon Webull's website | |
Learn moreon Webull's website | ||||
Learn moreon Webull's website | ||||
4.4/5 | Earn a 1% uncapped match when you transfer your investment portfolio to Public. | $0 | Learn moreon Public's website | |
Learn moreon Public's website | ||||
Learn moreon Public's website | ||||
4.1/5 | Earn 8.1% APY on your uninvested cash for 3 months + up to 60 Free Stocks with qualified deposits. Terms & Conditions apply. | $0 | Read reviewon NerdWallet | |
Read reviewon NerdWallet | ||||
Read reviewon NerdWallet | ||||
4.3/5 | Up to $1,000 cash bonus when you open and fund a J.P. Morgan Self-Directed Investing account. | $0 | Learn moreon J.P. Morgan's website | |
Learn moreon J.P. Morgan's website | ||||
Learn moreon J.P. Morgan's website | ||||
4.1/5 | Get $150 when you open and fund a new TradeStation account. Offer Code: NERDAGMV | $500 | Learn moreon TradeStation's website | |
Learn moreon TradeStation's website | ||||
Learn moreon TradeStation's website | ||||
Webull will appeal to the mobile-first generation of casual investors with its slick interface for desktop and mobile apps. The brokerage also delivers an impressive array of tools for active traders and a wide investment selection, including stocks (plus fractional shares), options, ETFs, crypto, commodities and futures. However, it lacks access to mutual funds.
What you get:
Deposit $2,000 or more: 3% match
Deposit $100,000 or more: 4% match
Example: Deposit $10,000, earn $300.
Fine print:
Matches are capped at $80,000.
When you get the money: Paid in six annual installments (ending in 2031).
Webull is a good broker that offers a pretty outstanding broker promotion as long as you’re not in a rush to get your money. Currently, Webull is offering a 3% match on deposits of $2,000 or more and 4% matches on deposits of $100,000 or more. These matches are capped at $80,000.
Webull's bonus is high, but it takes six years to earn it
The catch is that these are paid in six annual installments (yes, you read that right, ending in 2031).
The payments are also on a percentage basis. The first payment in 2026 is only 2% of the total offer bonus. The second payment is 18% and the next four payments are 20%.
That means if you sign up now with $10,000, you’ll receive $6 this spring. Next year you’ll receive $54, and from 2028 to 2031 you’ll receive $60 each year.
This timeframe can make Webull’s offer feel a lot less attractive for smaller balances, but it may be worthwhile for larger balances. Webull’s max reward is $80,000 (requiring a deposit of $2 million). Your payouts would be $1,600 for the first year, $14,400 for the second and $16,000 for the next four years. That’s not a bad annual treat.
As a topline number, Webull has a great reward. But if you want to get your cash sooner, E*TRADE has comparable payouts (up to about a $5,000 deposit), and you get your money within seven business days rather than several years. Unfortunately, we don't think E*TRADE is as good of a broker. It's all about what you're looking for. For more information on payment schedules, check out the full table below.
One other con about Webull’s bonus? The broker frequently changes it. Make sure you read the fine print before you sign up with Webull to ensure you can get the bonus you’re looking for.
Why Webull is a great broker
As far as brokers go, Webull is a pretty solid option. Webull received a perfect score from our testers for its UX and platform, and now offers access to crypto, advanced trading features and paper trading to help you practice investing before you use real money.
That being said, one of our editors noted that Webull’s app feels more crowded than it did a few years ago. With all the new features there’s not as much white space that usually makes for a clean mobile experience. This may seem like a small thing in comparison with Webull’s great features, but a frustrating app experience can ruin even the best offerings.
Account minimum
$0.
Stock trading costs
$0.
Options trades
$0 per trade and $0 per contract on equity options. $0.30 to $0.50 per contract on non-equity options such as index options.
Account fees
Annual fee: $0. Inactivity fee: $0. Outgoing transfer fee (partial or full): $75.
Interest rate on uninvested cash
3.6% for Premium users. 3.25% for non-Premium users with assets totaling more than $25,000, and 0.5% below that.
Number of no-transaction-fee mutual funds
None; mutual funds not available.
Tradable securities
Stocks, ETFs, Treasury bonds, Options, ADRs, Crypto, Futures, Prediction markets
Trading platform
Five: Web, desktop, two mobile apps (Webull and Webull Lite), APIs.
Mobile app
Available for iOS and Android.
Research and data
More than a dozen providers, including Benzinga, Nasdaq Total View, S&P, Dow Jones and CBOE.
Customer support options (includes how easy it is to find key details on the website)
Customer support is available by phone from 9:00 a.m. Eastern time to 4:15 p.m. Email and an in-app help center are available 24/7.
IRA match
1% contribution match for free accounts, 3.5% for paid accounts.
Public provides free stock and ETF trades, pays you to trade options, and gives traders access to crypto and bonds, as well as a high-yield cash account. The platform will appeal to traders looking for a low-cost options broker and access to many types of assets.
What you get:
1% uncapped match
Example: Transfer $10,000, earn $100.
Fine print:
Must hold matched funds in account for five years to avoid a removal fee.
Only available when transferring assets from another brokerage.
When you get the money: Rewards paid up to seven days after transfer.
Public may currently be the best broker with a decent bonus. Public offers a better overall app than Webull, and Investing Managing Editor Chris Davis recently named Public as the best app for building a well-diversified portfolio.
Public's app is phenomenal
Public has a lot to offer: An excellent index-building tool so you can create a custom list of investments based on your own criteria, options rebate payments between $0.06 and $0.18 per trade (the only broker we review to offer that) and access to crypto right in your brokerage account. One of our reviewers found Public’s app not only easy to use, but also used words like “classy” and “refined” to describe the experience.
Deposits don't qualify for the bonus
Public offers a 1% uncapped match on account transfers, but not deposits. This alone will disqualify a lot of potential investors from this offer. This offer is, however, particularly good for investors who are planning to contribute large sums to the account, or may be planning to switch brokers completely. Plus, Public has maintained this offer for some time. While Webull often changes its bonus structure, Public’s has remained consistent, meaning it will likely be there later if you want to take your time in choosing a broker.
You get your reward right away
To be clear, this promotion isn’t the best bonus as a percentage, but it is better if you want cash faster than what Webull offers and you're looking for an excellent broker. For example, if you deposited $10,000, you’d get $6 in a few months from Webull (with more over the next few years) but you’d get $100 pretty much right away from Public if you transferred that amount in from another brokerage (they say to expect the match to take up to 7 days after your transfer goes through).
Account minimum
$0.
Stock trading costs
$0 ($2.99 per trade for after-hours trades or OTC stocks, for non-Premium members.)
Options trades
$0. Public pays options traders a rebate of $0.06 to $0.18 per options transaction, as a share of their payment-for-order-flow revenue, depending on volume
Account fees (annual, transfer, closing, inactivity)
$75 ACAT outgoing transfer fee (partial or full). No annual fee for non-Premium members — Public Premium costs $10 a month or $96 a year.
$3.99 monthly inactivity fee for accounts with no activity for six months and balances below $70. Instant withdrawals cost 3.5% of the amount withdrawn, with a minimum of $1.
Interest rate on uninvested cash
New users can opt into a high-yield cash account with yield of over 4% by checking a box at sign-up.
Number of no-transaction-fee mutual funds
Not rated.
Tradable securities
Stocks, ETFs, options, cryptocurrency, American Depositary Receipts, fractional shares and bonds.
Trading platform
Public's mobile and web platforms offer a smooth sign-up, funding and trading experience, but are fairly basic when it comes to tools like charts and screeners.
Mobile app
Public's iOS and Android apps are both well-liked by users and offer virtually the same features as the web trading platform.
Research and data
Research from Morningstar, TradingView and S&P Global. Public offers earnings call playback, as well as bespoke company metrics like subscriber numbers.
Customer support options (includes how easy it is to find key details on the website)
Email and chat support available from 9 a.m. to 5 p.m. Eastern, Monday through Friday. Responses prioritized for Premium members. Website is fairly easy to navigate.
IRA match
1% match on all rollovers and contributions.
Moomoo offers free stock and option trades in an easy-to-use trading platform that charges low margin rates. It's not built for passive retirement investors — IRAs aren't supported, nor are mutual funds — but there's a lot to like about Moomoo for more active traders.
What you get:
$500+: $30 in NVDA
$2k+: $100 in NVDA
$10k+: $200 in NVDA
$50k+: $400 in NVDA
$100k+: $1,000 in NVDA
Example: Deposit $10,000, earn $200 in NVDA.
Fine print:
FOP or or ACATS transfers are not eligible for the bonus.
When you get the money: Must maintain average assets of initial deposit or more for 60 days to unlock stocks.
Some brokers offer a stock bonus instead of a cash bonus, and for the most part, these offers are simply not worth it. Typically the broker states a range of stock value you can win, but the probability of receiving the lowest reward is extremely high. The one exception to this is Moomoo. Moomoo offers a clear range of stock bonuses: For example, if you deposit over $500 into a new account you earn $30 in NVDA stock. If you deposit over $10,000 you earn $200 in NVDA stock.
No IRA or mutual fund access
Moomoo isn’t the best for retirement investors since it doesn’t offer IRAs or access to mutual funds (though it does offer ETFs), but it is a solid option for active traders thanks to the following features:
Low fees for advanced trading strategies: Active traders may appreciate Moomoo’s free equity options trades and low margin rates. These fees can stack up if you’re trading frequently.
Some international access: Moomoo gives investors access to the Hong Kong Stock Exchange and some Chinese stocks for a modest fee.
Moomoo's app is just ok
Moomoo offers a decent app, but it’s not as good as many of the other apps we review. If an ultra-smooth trading experience is important to you, you may want to look elsewhere.
Account minimum
$0.
Stock trading costs
$0 for U.S. stocks. 0.03% for Hong Kong and Chinese stocks.
Options trades
$0 for equity options. $0.50 per-contract fee for index options.
Account fees (annual, transfer, closing, inactivity)
No annual or inactivity fees. $75 ACAT outgoing transfer fee (full or partial).
Interest rate on uninvested cash
Base rate is 0.03%, but various new customer promos can boost the rate to 4.10%, 5.10% or even 8.10% for limited periods of time
Tradable securities
U.S., Hong Kong and Chinese stocks, ETFs, options, American Depositary Receipts, fractional shares, crypto in eligible states. Bonds only available in the form of bond ETFs.
Number of no-transaction-fee mutual funds
No mutual funds; not rated.
Trading platform
Mobile platform has a smooth signup process. Trading experience is oriented toward advanced traders; not quite as seamless as Robinhood or Public. Desktop, web and API platforms also available.
Mobile app
Available for iOS and Android. Easy-to-use; earns more than 4.5 stars on both app stores.
Research and data
Nasdaq, NYSE, CBOE, CME, Morningstar, S&P, Dow Jones, Bloomberg, Seeking Alpha, LSEG, Benzinga, proprietary research.
Customer support options (includes how easy it is to find key details on the website)
24/7 chat and email support. Phone support available from 8:30 a.m. ET to 4:30 p.m. Eastern time, Monday - Friday.
IRA match
None.
E*TRADE from Morgan Stanley has long been one of the most popular online brokers. The company's $0 commissions and strong trading platforms appeal to active traders, while intermediate investors benefit from a large library of educational resources.
What you get:
$1k: $50
$5k: $150
$20k: $300
$100k: $600
$200k: $1,000
$500k: $1,500
$1m: $3,000
$1.5m: $5,000
$2m: $6,000
$5m: $10,000
Example: Deposit $10,000, earn $150.
Fine print:
You have to deposit money within 60 days.
When you get the money: Within seven days of depositing.
If you're looking to make some extra cash, E*TRADE pays its bonus out fast. You won't make as much past a certain threshold (if you have more than $5,000 to deposit and can wait on the money, Webull will pay you more over time), but you'll have cash in hand in days rather than months or years.
E*TRADE is good, not great
E*TRADE scores well on most of the basics: It has a low account minimum, no fees, great customer service and a good amount of investable assets. Unfortunately, E*TRADE doesn't offer access to crypto.
E*TRADE is a popular broker, but in our testing it didn't score as well as competitors for its trading platform. I found it to be sufficient but not super intuitive to use. If you're new to investing, you may find it confusing.
Account minimum
$0
Stock trading costs
$0
Options trades
$0.65 per contract (volume discount available)
Account fees (annual, transfer, closing, inactivity)
Annual fee: $0 Inactivity fee: $0 Closing fee: $0
Interest rate on uninvested cash
0.01% to 0.15%
Number of no-transaction-fee mutual funds
Nearly 6,000
Tradable securities
Stocks, mutual funds, ETFs, options, bonds, futures
Trading platform
Two: E*TRADE and Power E*TRADE
Mobile app
Available for iOS and Android
Research and data
Nine research providers, including Moodys, Refinitiv, Morningstar, MarketEdge and Smart Consensus
Customer support options (includes how easy it is to find key details on the website)
24/7 phone support; live chat Monday through Friday, 8:00 a.m. to 8:00 p.m. Eastern.
IRA match
None
Broker bonuses with the fine print explained
Most promotions come with pretty important fine print. For example, Webull pays its bonus over six years. Public's offer is only valid on transfers. Sure, TradeStation will give you $50 for depositing $500, but it'll take 10 months to receive the money.
Make sure you check out the details and know what you're getting yourself into before you get excited about a potential bonus.
Company | Promotion amount | Terms |
|---|---|---|
Cash rewards | ||
Webull | $2k: 3% match $100k: 4% match | Bonuses paid over six years (ending in 2031). Matches are capped at $80,000. |
Public | 1% uncapped match | Must hold matched funds in account for five years to avoid a removal fee. |
J.P. Morgan | $5k: $50, $25k: $150, $100k: $325, $250k: $1k | Deposit within 45 days. Maintain funds for 90 days. |
TradeStation | $500: $50, $25k: $250, $100k: $400, $200k: $800, $1m: $3k, $2m: $5k | Deposit within 45 days. Payout date: ~10 months. |
Merrill Edge | $20k: $100, $50k: $150, $100k: $250, $200k: $600 | Deposit money within 45 days of opening the account and maintain balance for at least 90 days. |
E*TRADE | $1k: $50, $5k: $150, $20k: $300, $100k: $600, $200k: $1k, $500k: $1.5k, $1m: $3k, $1.5m: $5k, $2m: $6k, $5m: $10k | Deposit money within 60 days, receive bonus within seven business days after that. |
Stock rewards | ||
Moomoo | >$500: $30 in NVDA, >$2k: $100 in NVDA, >$10k: $200 in NVDA, >$50k: $400 in NVDA, >$100k: $1k in NVDA | Must maintain average assets of initial deposit or more for 60 days to unlock stocks. |
Robinhood | 1 stock ranging in value from $5 to $200. The probability of receiving stock worth $5 to $10 is 98%. | You can sell stock after 2 trading days. |
SoFi | Deposit at least $50, get up to $1,000 worth of stock. The probability of receiving stock worth $5 is 85%. | Deposit money within 30 days of opening the account. |
Data is current as of March 3, 2026. | ||
How brokerage bonuses work
The best bonus for you will depend on how much money you have to deposit or transfer.
Most brokers that offer promotions will do so in exchange for a set deposit amount — the more you're willing to deposit, the greater the promotion available to you. However, there are some brokerage firms that set the bar lower — for example, offering a bonus simply for placing your first trade. As always, be sure to read the fine print on the brokerage firm's website to ensure you qualify for the offer.
Offer timelines and payout timelines
Some brokers change their promotions extremely often, others hold onto their promotions for a while. Make sure you’re opening your account within the timeframe that would allow you to take advantage of the particular promotion you’re looking at.
Some bonuses are paid out over a year, others are paid out over several years. Many require you keep the deposit amount in your account for a set amount of time before you receive the bonus. Keep an eye on the payout schedule — earning $50 sounds great, but if you have to wait 10 months to get the money it may not be worth it.
Stock vs. cash promotions
It's worth noting that when companies offer stock promotions, it's likely the company advertises the highest potential reward, but the reality is there's a very small chance you'll actually get that amount. For example, when brokers offer stock bonuses, they provide a high and low range for the dollar amount in stocks you might receive, but most of those promos state that there is a less than 1% chance of receiving the highest dollar value. This is why for the most part we recommend cash bonus rewards.
How do we review brokers?
All NerdWallet reviews and lists of the best investing products are created by our editorial team of full-time writers and editors, independent of any business relationships. In this case, our investing team's comprehensive review process evaluates and ranks the largest U.S. brokers by assets under management, along with emerging industry players. Our aim is to provide an independent, balanced assessment of brokerages to help arm you with information to make sound, informed judgments on which ones will best meet your needs. Our highest priority is maintaining editorial integrity.
We collect data directly from brokerages through detailed questionnaires, and conduct first-hand testing and observation through demonstrations. The questionnaire answers, combined with demonstrations, interviews of personnel at the brokerages and our specialists’ hands-on research, fuel our proprietary assessment process that scores each broker's performance across more than 20 factors. The final output produces star ratings from poor (one star) to excellent (five stars).
For more details about the categories considered when rating brokers and our process, read our full methodology.