Firstrade is pleased to announce the launch of a Cash Bonus award, payable to all new accounts that open and fund an account during the award phase. New account deposits will accrue a bonus depending on amount deposited, up to and including November 10th.

But what is the eligibility criteria, and what does it mean for you?
Let’s dive in.

Cash Bonus: How Does It Work?

Despite somewhat bearish market conditions, Firstrade continues to double down on new accounts and growth, by rewarding new customers with additional bonuses just for depositing to a new account.

The offer is also available to new accounts that transfer to Firstrade from other brokerages, plus up to $200 being made available to transferring customers to cover transfer fees upon joining Firstrade - in addition to any awarded cash bonus amount.

The Cash Bonus offer provides customers with rewards tiers depending on the amount deposited to individual, joint or custodial brokerage accounts - with individual retirement accounts (IRAs) also being eligible. Cashback amounts vary from $50 cashback for $5,000 deposits, up to $4,000 cashback for deposits of $1,500,000+, with a range of tiers in between depending on the amount. Deposits to accounts can then be used for interoperable trading across a suite of investment products including; Stocks, ETFs, and Options.

Bonuses can also be used to trade crypto through new individual brokerage accounts that have been credited with a qualifying deposit.

The bonus tiers and required deposit amounts are as follows:

How to get a new account bonus with Firstrade:

• Open an account using the Open Account tile on the Firstrade homepage.

• Complete ID&V by submitting requested documents in order to verify your account.

• Upon acceptance of your ID documents, login to your new Individual Brokerage Account or Retirement Account.

• Deposit funds into your newly-created account, with a minimum $5,000 deposit amount being required to earn a bonus.

• Use your Firstrade account within the terms and conditions to keep your bonus.

Why Open An Account With Firstrade?

New and existing customers are able to access powerful Firstrade desktop and mobile apps and access $0 commission trading in just a few clicks. Options trades are available at a market-leading price of $0 per contract, usurping some of the industry’s leading brokerages in terms of trading competitiveness.

Trading is also offered without exchange, exercise, or assignment fees, with traders also being equipped with a plethora of resources from the likes of Morningstar, OptionsPlay and Zacks to help through investment journey’s regardless of skill set or experience. 

About Firstrade

Firstrade is a top-rated online brokerage, offering customers a suite of investment products, no-fee IRA retirement services and advanced tools to help self-directed investors take control of their financial future, while having the lowest average cost among other brokerages. Since 1985, Firstrade has been a member of the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). For more information, https://firstrade.com.

Cryptocurrency trading is offered by Apex Crypto LLC. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Firstrade Crypto LLC. Please understand the risks before trading: apexcrypto.com/legal.

Firstrade is available on Desktop, or to download on iOS and Android.