Best IRA Promotions. Offers and Bonuses to Open IRA Account in October 2019

List of best IRA bonus promotions, incentives, and cash offers for new investors opening IRA account or for IRA rollover at online brokerage firm. Current best IRA special deals on traditional, ROTH, SEP, SIMPLE, 401(k) retirement accounts: cash, free trades, and account transfer offer codes.

Best IRA Promotion Offers

Competition among discount brokerages is intense, so companies frequently offer IRA promotions to open new retirement accounts or transfer an account from a competitor. Each IRA incentive discussed below applies to all Individual Retirement Accounts (IRAs) including traditional, Roth, SEP, SIMPLE, and 401k Rollover IRAs unless otherwise noted.

Ally Invest

Ally Invest will reimburse another firm's transfer fee, up to $150, when a client moves an account worth at least $2,500. There is no promo code required for this IRA offer. The special only refunds transfer fees. It does not cover closeout or termination charges.

Ally Invest also offers 90 days of free stock, ETF and options trades if IRA incentive link above is used. The maximum amount of trades could not exceeed $500.

TD Ameritrade

TD Ameritrade offers a sliding scale promotion for new accounts based on the amount deposited into a new account. With a deposit of at least $25,000, a trader receives $100 cash bonus. For deposits of at least $100,000, the investor receives $300. And for deposits of at least $250,000, the investor receives $600.

This is one of the best IRA promotions we have ever seen. Offer link: Trade stocks and ETFs for free + get up to $600 bonus.


E*Trade offers a variation on the TD Ameritrade/Ally Invest IRA promotional model.

IRA cash bonuses are offered for larger initial deposits. The breakpoints are: $25,000+ earns $200; $100,000+ earns $300; $250,000+ earns $600; $500,000+ earns $1,200; $1,000,000+ earns $2,500.

Brokerage Companies IRA Fees

Brokerage Broker
Inactivity Fees
Annual Fee
Closing Fee
Ally Invest
Ally Invest rating

$0 $0 $50
TD Ameritrade
TD Ameritrade rating

$0 $0 $0
Charles Schwab
Charles Schwab rating

$0 $0 $0
Chase Brokerage Rating

$0 $0 $75
Etrade rating

$0 $0 $0
Fidelity Investments rating

$0 $0 $50
Firstrade rating

$0 $0 $50
Interactive Brokers
Interactive Brokers rating

$3601 $30 $0
Motif Investing
Motif Investing rating

$0 $0 $95
Muriel Siebert
Muriel Siebert rating

$551 $301 $50
M1 Finance
M1  rating

$0 $0 $100
Merrill Edge
Merrill Edge rating

$0 $0 $75
Robinhood Trading rating

na na na
TastyWorks rating

$0 $0 $0
Tradestation rating

$0 $0 $0
USAA Brokerage
USAA rating

$0 $0 $20
Vanguard rating

$201 $0 $0
WeBull rating

na na na
Wellstrade rating

$601 $30 $95
ZacksTrade rating

$0 $0 $0

1 - fees charged in some cases; see broker reviews for details.

IRA Promotions reviewed by Rating: 5