E*Commerce: Up To $6,000 Brokerage Bonus ($1k-$2M Required)

Replace 10/2/24: Tiers have modified a bit, up to date under. Provide now legitimate by 1/31/25 with promo code OFFER24. (There’s one other hyperlink for Morgan Stanley shoppers with higher tiers and better tiers.)

The Provide

Direct hyperlink to supply | Higher hyperlink

• E*Commerce is providing a bonus of as much as $6,000 for E*Commerce prospects once you apply the promo code throughout signup. Bonus is tiered relying on how a lot you deposit in money or securities inside 60 days of enrollment.
  • $1,000+ will obtain $50;
  • $5,000-$19,999 will obtain $150;
  • $20,000-$99,999 will obtain $200;
  • $100,000-$199,999 will obtain $600;
  • $200,000-$499,999 will obtain $800;
  • $500,000+ will obtain $1,000;
  • $1M+ will obtain $3,000;
  • $1.5M+ will obtain $5,000;
  • 2M+ will obtain $6,000

The Nice Print

• If you happen to deposit $250,000-$499,999, you’ll obtain a money credit score inside seven enterprise days
• . In case you have deposited at the very least $250,000 within the new account, and also you make subsequent deposits in that account to succeed in a better tier, you’ll obtain a second money credit score following the shut of the 60-day window.
• For instance, should you deposit $300,000, you’ll obtain a money credit score of $1000 inside seven enterprise days, then should you deposit one other $200,000 you’ll obtain a further money credit score of $500 on the finish of the 60-day window for a complete reward of $1,500
• If you happen to deposit $1,000,000 or extra, you’ll obtain a money credit score inside seven enterprise days.
• All different reward tiers ($5,000-$24,999; $25,000-$99,999; $100,000-$199,999; $200,000 – $249,999; $500,000-$999,999) shall be paid following the expiration of the 60-day interval.
• As well as, should you deposit $500,000 or extra into your new account, deposits made in eligible linked accounts through the 60 day interval shall be aggregated for functions of the reward and the credit shall be paid pro-rata to all accounts the place deposits have been made through the 60-day interval. For instance, in case you have deposited $500,000 in your new account through the 60 day interval, and through the identical interval you deposited $100,000 into one other eligible account you have got linked to the brand new account you’ll obtain $1,250 in your new account and $250 into the opposite eligible account.
• Account holders should keep the funds (minus any buying and selling losses) for at the very least six months one 12 months or credit score could also be surrendered.

Our Verdict

That is higher than normal new consumer deal and the identical as the present consumer deal. Undoubtedly one of many finest brokerage bonuses that’s at present obtainable. Don’t share your referrals within the feedback under, as an alternative you may share them on this linked web page.

Replace Historical past:

• Replace 6/1/24: Tiers have been improved.
• Replace 5/6/24:  Added the 2 increased tiers of $2,500 and $4,000 bonus
• Replace: Phrases state ‘You have to be the unique recipient of this provide to enroll.’ however not marking this as focused because it’s marketed on the homepage.
• Replace 4/4/24: They made the low-end tiers higher now, each of those shall be to some folks: $50 deposit will get $100, $1,000 deposit will get $150. Use code PROMO24. (Beforehand you wanted $1,000 deposit to get $100.)
• Replace 1/7/24: Deal is again, the entire tiers are a lot worse than earlier than.
• Replace 11/10/23: Bonus is again with code PROMO23, however at decrease quantities. Max bonus is $3,500 now. See the tiers at this hyperlink.
• Replace 5/12/23: Bonuses elevated considerably, up to date under. (The $5k tier is gone, eliminated under.) Legitimate by June 30, 2023. This bonus is for present E*Commerce prospects.
• Replace 6/9/22: There’s additionally a $5,000 bonus tier with $2,000,000 deposited at this hyperlink. This one is for present prospects solely. (ht Dave R)
• Replace 1/7/22: New deal legitimate till 12/31/22.
• Replace 8/3/21: There’s a new deal, as much as $4,000 for present prospects and $3,500 for brand new prospects. Bonuses for present prospects are barely decrease, however there’s a increased $2mill+ tier for $4,000.
• Replace 2/1/21: Deal has been prolonged till February 28, 2021.
• Replace 6/1/20: Prolonged till December thirty first, 2020. Bonuses have been decreased