Firstrade $5,000 Promotion
Firstrade's $5,000 Cash Promotion has expired.
Firstrade Promotion
3% match on contributions and 2% on transfers with a No-Fee IRA.
Open Firstrade Account
Firstrade Promotion to Transfer Account
Considering a switch to Firstrade for its low fees and appealing investment options? Now might be the perfect time thanks to Firstrade's two current promotions aimed at reducing the costs of transferring funds and assets into a new account.
Keep reading for the details.
Key Takeaways
• Firstrade offers a rebate covering up to $250 in ACAT transfer fees for transfers over $2,500.
• Firstrade also offers a $25 rebate on wire transfers over $10,000.
Transfer Fee Rebate ($250)
Firstrade's transfer fee rebate is one of its most substantial offers, outdoing many other brokers' rebates.
This rebate covers up to $250 in ACAT fees for transferring at least $2,500 into a new Firstrade account. To take advantage of this, there are a few details to consider.
Transfer Fee Timelines
The rebate offer is time-sensitive. You must claim the rebate within 60 days after the transfer completes.
Firstrade will then credit your account within 30 days. The total time to receive the rebate depends on the transfer's complexity, with straightforward transfers processing quicker.
Holding Period
You must keep the balance that qualified you for the bonus in your account for at least 12 months. Withdrawing funds or transferring out assets that reduce your balance below $2,500 may lead to a reversal of the rebate.
Account Type Eligibility
The rebate applies to Firstrade’s individual cash and margin accounts, including IRAs. Other accounts like Coverdell and custodial accounts are not eligible for this rebate.
Claiming the Transfer Rebate
Claiming the
Firstrade promotion is straightforward. Simply contact Firstrade via the account’s message system, provide details of your request, and submit your brokerage statements.
The brokerage statements should show the transfer cost, and if it’s under $250, Firstrade will reimburse you.
Wire Transfer Rebate ($25)
Firstrade's $25 wire transfer rebate effectively covers the typical wire transfer fee, making the transfer of funds to Firstrade virtually cost-free.
To qualify, wire transfers must be at least $10,000. Notably, you can claim up to three wire transfer rebates per month.
Firstrade Promotion
3% match on contributions and 2% on transfers with a No-Fee IRA.
Open Firstrade Account
Updated on 4/1/2025.
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