Firstrade Announces Cash Bonuses For Funding New Accounts

Firstrade launches a cash award offer of up to $4,000 USD for new account deposits in the US.

Firstrade Securities Inc., one of the first online brokerage firms to offer $0 commission, has announced a cash bonus award in which customers who open a new account can earn from $50 to $4,000 USD in cash bonuses. New accounts funded with a deposit between $5,000 to $1,500,000 are eligible to receive the cash bonus detailed in the new offer, available to all new customers across the US.

The newly-announced cash bonus offer comes in the midst of a global market downturn, and despite this negative market sentiment, the cash award implementation shows a desire to drive ongoing growth in the US region.

The New York-based brokerage firm introduced its customers to access into the cryptocurrency market earlier this year. Firstrade launched its crypto trading platform across all US States at the beginning of March.

Details Of Firstrade Cash Bonus Award

New accounts opened from now through November 10, 2022, will get the chance to earn the bonuses associated with the new cash bonus offer. Each of the bonus amounts have been established in tiers. The first of seven existing tiers comprises customers who deposit or transfer $5,000 to $9,999, which qualifies them for a $50 cash bonus. The maximum allowable cash bonus is designated for customers who deposit or transfer $1,500,000 or more into their new Firstrade brokerage account - attributing to a $4,000 USD award. Retirement accounts are also eligible for awards according to the same tiers.

Funds added to new accounts can be invested in various products on the Firstrade platform. Customers can use deposited or transferred funds to invest in stocks, ETFs, options, mutual funds & fixed income. Customers are able to access the Firstrade investment platform via mobile application or alternatively, on the web platform.

A Commitment To Continued Development

The Firstrade brokerage platform has expressed a commitment to its customers, with the platform offering $0 commissions on stocks, ETFs, mutual funds, crypto, and $0 contract fees on options trading. 

As the newly rolled out cash bonus award continues through November 10, new customers have the opportunity to earn cash, while learning to navigate one of the top-rated online investment platforms in the US.

Firstrade is available for download on iOS and Android, while also being available through a desktop platform. To be eligible for the award, new customers must sign up via the “Open Account” tab on the Firstrade homepage.

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