Scottrade is near the top of the list of online brokers when it comes to customer service and building relationships with their clients. Scottrade is offering up to $2,000 bonus when new or existing customers deposit $1,000,000 or more. Opening an account with them lets you use their online platform to trade stocks, ETFs, mutual funds and bonds. Account holders have access to thousands of investment products including traditional IRAs, Roth IRAs, simple IRAs, ETFs, stocks, bonds and treasuries. You pay just $7 per trade for stocks worth $1 or more when you trade online.
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Scottrade Cash Bonus Breakdown:
- Deposit $1,000,000 or more to receive $2,000 cash bonus
- Deposit $500,000 to $999,999 to receive $1,000 cash bonus
- Deposit $200,000 or $499,999 to receive $600 cash bonus
- Deposit $100,000 or $249,999 to receive $300 cash bonus
- Deposit $50,000 – $99,999 to receive $200 cash bonus
- Deposit $25,000 – $49,999 to receive $100 cash bonus
- **To earn 50 Free Trades, you must make a qualifying deposits of $10,000 – $24,999**
Scottrade $2,000 Bonus Information:
- Apply Now
- Account Type: Individual Retirement Account (IRA), Individual, Joint or Custodial account
- Availability: Nationwide
- Expiration Date: None
- Online Trades: $7.00 per trade
- Hard Inquiry: No, Soft pull only. Hard pull if you apply for margin.
- Monthly Fee: $0.
- Additional Requirements: Must deposit $1,000,000 or more for the maximum bonus.
- Closing Account Fee: Make sure to keep the deposit amount in your account for at least twelve months or your award may be reclaimed by Scottrade.
How To Earn Scottrade Bonus:
- Open a new account or fund an existing account with Scottrade Brokerage
- Make a qualifying deposits of $10,000 – $24,999 for 50 Free Trades
- Make $1,000,000 or more in deposits to receive a $2,000 Bonus
- Maintain qualifying funds for at least 1 year
- Please allow up to three (3) business days from the date of a qualifying deposit for the benefits of this Offer to be available in the Registered Account.
Scottrade Brokerage Account Features:
- Unlimited free checks
- Free ATM withdrawals
- Mobile Access
- 24/7 customer service
- 500+ Physical Locations
- Check Writing
- Debit Card
- Free automated phone trades
Conclusion:
Scottrade offers a wide range of online investing options with low fees and commissions. Pricing is straightforward, and you are not charged extra for maintenance or inactivity. Keep in mind that if you are not able to make the million dollar deposit, then you can always settle for the lesser bonuses. To trigger the 50 Free Trades, all you have to do is make a qualifying deposit of $10,000 to $24,999. The 50 free trades will only be available for 90 days from when you first got it in your account. Now, if $2,000 in cash bonus wasn’t generous enough… 50 Free Trades just makes it more exciting! Make sure to keep the deposit amount in your account for at least twelve months or your award may be reclaimed by Scottrade. See our full list of broker bonuses for all of your investment needs!