Firstrade Bonuses: Up to $250 Transfer Fee Rebates

Take advantage of the most recent Firstrade promotions, bonuses, and offers here.

Firstrade is an online discount broker where you are able to take advantage of stock trades as well as advanced tools to better your banking and trading needs.

Update 4/12/24: Firstrade has increased the transfer fee rebate to up to $250 (from $200).

Firstrade Brokerage Account Summary

Being an investment platform which focuses on empowering its customers with the most advanced technology and services the financial institution has to offer, you will have access to a seamless and simpler way around your investment strategies. Through current offers from Firstrade, you will also have access to fantastic industry-leading promotions!

I’ll review Firstrade Promotions below.

Firstrade $250 Transfer Fee Rebate

• What you’ll get: $250 Transfer Fee
• Eligible account: Firstrade Brokerage Account
• Account Type: Investment Accounts
• How to earn it:
  • You must have an existing account before you initiate a brokerage transfer. If you are a new customer, please enter your transfer request 1 business day after opening your account.
  • Firstrade will rebate the account transfer fee (ACATS only) up to $250 charged by another brokerage firm when completing a Full Account Transfer or Partial Account Transfer for $2500 or more (excluding mutual funds & fixed income products).
  • The rebate will be based solely on the actual transfer fee charged by the firm you are transferring from.
  • To receive transfer rebate, please submit (upload, fax or email) a copy of your most recent statement from your previous broker with evidence of transfer charge.

(Limited time offer)

Firstrade Up to $5,000 Cash Bonus (Expired)

• What you’ll get: Up to $5,000 Cash Bonus
• Account Type: Investment Accounts
• How to earn it:
  • Open a new Firstrade Brokerage. Eligible accounts include the following Brokerage Accounts: Individual, Joint and Custodial.
    • This offer does not apply to IRA Accounts (Traditional IRA, Roth IRA and Rollover IRA) and Entity Accounts (Partnerships, Corporate, LLC, Trust and Investment Clubs).
  • Fund your new account with at least $5,000 in qualifying net new assets within 30 days of account opening to qualify for the minimum cash bonus.
    • This offer only applies to initial funding. The cash bonus will be credited to your Firstrade account after funding has cleared.
  • Get your Cash Bonus. The minimum qualifying deposit to receive a cash bonus is $5,000. Corresponding cash bonus will be credited to the account within 5 business days; no additional application is necessary to receive the reward. Cash bonus levels are identified below.
    • $50 Bonus: Must be funded with $5,000 or more.
    • $100 Bonus: Must be funded with $10,000 or more.
    • $300 Bonus: Must be funded with $25,000 or more.
    • $700 Bonus: Must be funded with $100,000 or more.
    • $1500 Bonus: Must be funded with $500,000 or more.
    • $3000 Bonus: Must be funded with $1,000,000 or more.
    • $5000 Bonus: Must be funded with $1,500,000 or more.

(Expires 04/10/2024)

Fine Print

• Promotion Period: Offer valid for new Firstrade Individual Retirement Accounts (Traditional IRAs, Roth IRAs, Rollover IRAs) opened from February 14, 2024, to April 10, 2024, and funded within 30 days of account opening.
• Eligibility: This offer is open to U.S. residents only and is not transferable. To be eligible for the bonus, the new account must be opened using the specific “Open An Account” button associated with this promotional offer page. Limit one offer per account type.
• *Please note: To be eligible to receive the cash bonus, participants must have an active Firstrade individual brokerage account. Retirement accounts (including Traditional IRAs, Roth IRAs, and Rollover IRAs) and other retirement account types are not eligible to receive the cash bonus. If you do not have an individual brokerage account, please click here to open a Firstrade individual brokerage account.

Firstrade Free Stock Referral (Expired)

• What you’ll get: Free Stock Referral
• Eligible account: Firstrade Brokerage Account
• Account Type: Investment Accounts
• How to earn it:
  • Sign up for a Firstrade account using your friends’ referral link.
  • As soon as your account is approved, both of you will get a free stock.
  • Simply login to your account and claim your free stock.

(Limited time offer)

Firstrade $50 Referral Bonuses

• What you’ll get: $50 Referral bonus
• Eligible account: Firstrade Brokerage Account
• Account Type: Investment Accounts
• How to earn it:
  • Referral must be entered through the Refer-a-Friend webpage.
  • The referee must open a new Firstrade account by clicking on the link in the refer a friend email notification, deposit $2,000 (or transfer assets from another brokerage firm with market value of $2,000) within the first 30 days of opening the new account and execute at least one equity (stock) or options trade within 30 days from the initial deposit date.

(Limited time offer)

Conclusion

When you open a new Firstrade Investment Account, you will not only receive the features and bonus, but you will also have the chance to earn up to $200 in transfer rebate fees when you make an account transfer of $2,500 or more in assets from another broker or earn cash bonus with qualifying deposits.

However, if you are not currently interested, I recommend you check out our updated list of Brokerage Bonuses and Best Robo-Advisors for any of your investment inquiries!

Find more stock broker bonuses here.