The Best Brokerage Bonuses for New Accounts Right Now

If you’re in the market to open a new investment account, it’s a nice perk to get some money thrown your way to do so. But just because a brokerage will offer you cash to open an account doesn’t mean it’s the best place to park your investments.

That financial incentive isn’t nearly as important as opening an account through a quality broker with great tools, low fees, a wide investment selection and solid customer service. So here, I’ve outlined the best brokers with the best bonuses, and a full list of all bonuses and their required deposits down below.

Basically, the two best options for cash broker signup bonuses are from Webull and Public. Webull currently offers a higher reward, but Public’s app is a much better experience. And in the long run, that will likely serve most people better.

Best broker with a good bonus → Public

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.

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, it’s a great reward. But if you want to get your cash sooner, some broker promotions pay their bonuses out immediately or within a few months. 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.

As far as brokers go though, Webull is a pretty solid option. Webull received a perfect score from our testers 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.

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 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.

On top of that, Public offers a 1% uncapped match on account transfers. This offer is 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.

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. 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 around 10 business days).

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.

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 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.

If you’re just concerned about a broker’s bonus, and less so about the broker itself, the best option for you will depend on how much money you have to deposit. For example, if you have $500 to add to your account, you’ll earn $50 with TradeStation, but if you have $10,000, you’ll earn $300 with Webull.