Update 1/8/24: Deal is back, I don’t see an end date? Highest tier is now $5k (was 4k). All other tiers the same. Hat tip to Dude
Update 5/17/23: Extended until 5/31/2023.
Update 11/11/22: Deal extended until Dec 12, 2022
The Offer
Firstrade is offering up to $4,000 in cash when you open and fund a Firstrade Brokerage or IRA account by November 10th, 2022. Bonus you receive depends on the amount you deposit, tiers are as follows:
$50 bonus when you deposit, transfer and/or roll over $5,000+
$100 bonus when you deposit, transfer and/or roll over $10,000+
$300 bonus when you deposit, transfer and/or roll over $25,000+
$700 bonus when you deposit, transfer and/or roll over $100,000+
$1,500 bonus when you deposit, transfer and/or roll over $500,000+
$3,000 bonus when you deposit, transfer and/or roll over $1,000,000+
$5,000 bonus when you deposit, transfer and/or roll over $1,500,000+
The Fine Print
This offer is open to U.S. residents only and excludes current and former Firstrade account holders who have closed their accounts within the past 90 days. This offer is not transferable.
The account must remain open for 12 months with the minimum funding or assets required for participating in the offer (minus any trading losses), or Firstrade may charge the account for the cost of the offer at its sole discretion. Firstrade reserves the right to restrict or revoke this offer at any time.
Our Verdict
Funds need to stay in the account for 12 months, this isn’t as good as some of the other brokerage bonuses.
Hat tip to Xatos