E*Commerce: Up To $5,000 Brokerage Bonus ($25,000-$2,000,000 Required)

Replace 5/12/23: Bonuses elevated considerably, up to date beneath. (The $5k tier is gone, eliminated beneath.) Legitimate by way of June 30, 2023.

The Supply

Direct hyperlink to supply | Higher hyperlink

• E*Commerce is providing a bonus of as much as $6,000 once you open up a brand new E*Commerce account. Bonus is tiered relying on how a lot you deposit in money or securities inside 60 days of account opening.
  • $5,000-$24,999 will obtain $125;
  • $25,000-$99,999 will obtain $250;
  • $100,000-$199,999 will obtain $625;
  • $200,000 – $249,999 will obtain $1,000;
  • $500,000-$999,999 will obtain $2,000;
  • $1,000,000 or extra will obtain $4,500
  • $2,000,000 or extra will obtain $6,000

The Fantastic Print

• In the event you deposit $250,000-$499,999, you’ll obtain a money credit score inside seven enterprise days
• . When you have deposited at the very least $250,000 within the new account, and also you make subsequent deposits in that account to achieve the next 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 an extra money credit score of $500 on the finish of the 60-day window for a complete reward of $1,500
• In the event you 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) will probably 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 throughout the 60 day interval will probably be aggregated for functions of the reward and the credit will probably be paid pro-rata to all accounts the place deposits have been made throughout the 60-day interval. For instance, if in case you have deposited $500,000 in your new account throughout the 60 day interval, and through the identical interval you deposited $100,000 into one other eligible account you might have 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 or credit score could also be surrendered.

Our Verdict

That is higher than customary new person deal and the identical as the prevailing person deal. Positively one of many finest brokerage bonuses that’s at present out there. Don’t share your referrals within the feedback beneath, as an alternative you’ll be able to share them on this linked web page.

Replace Historical past:

• Replace 6/9/22: There’s additionally a $5,000 bonus tier with $2,000,000 deposited at this hyperlink. This one is for current 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 current prospects and $3,500 for brand spanking new prospects. Bonuses for current 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 diminished