Firstrade is a reduction brokerage agency that’s smaller however has been round for many years. They’ve a brand new IRA match promotion with a 3% match on contributions and a 2% match on IRA transfers and 401k-to-IRA rollovers (as much as a $20,000 match quantity). They haven’t any minimal steadiness necessities, no annual charges on the IRA, and so they don’t require any premium subscription (like Robinhood Gold). There’s a minimal 5-year maintain interval. It’s also possible to stand up to $250 in switch payment rebates for eligible transfers over $2,500. Should open IRA by 2/21/25.
Extra particulars:
1. Open a Firstrade IRA. Open a Conventional IRA, Roth IRA, or Rollover IRA in the course of the promotion interval.
2. Make Contributions or Transfers. Contributions: We’ll match 3% of recent contributions made inside 30 days of account opening. Transfers: We’ll match 2% of the whole quantity transferred from one other IRA or 401(ok) made inside 30 days of account opening, as much as a most of $20,000 match bonus.
3. Earn Rewards. Bonuses are paid 30 days after your new account is authorized.
Get a 3% match on contributions and a 2% account switch increase whenever you open a Firstrade No-Payment IRA. No minimums, annual, setup or upkeep charges—plus, take pleasure in commission-free buying and selling on shares, ETFs, choices, and mutual funds.
Promotion Interval: Open to U.S. residents who open a brand new retirement account (Conventional IRA, Roth IRA, or Rollover IRA) between January 21, 2025, and February 21, 2025, and fund the account inside 30 days of approval.
That is similar to the present Robinhood IRA promo, however with out the Robinhood Gold requirement that prices $5/month. It’s possible you’ll desire Firstrade as they’ve a printed telephone customer support quantity and a bodily department in Flushing, NY. Buyer assist can also be out there in conventional and simplified Chinese language, with representatives who communicate each Cantonese and Mandarin. Or it’s possible you’ll simply recognize that they aren’t Robinhood.
This might be an amazing supply if Robinhood didn’t already do it first and locked many people into their 5-year maintain interval, however then once more, if Robinhood didn’t do it first, then Firstrade most likely wouldn’t have made this supply.
