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E*TRADE vs Merrill: Brokerage Bonus Comparison

Updated April 2026 — See which brokerage bonus is better for you.

E*TRADE Brokerage Bonus — Up to $10,000

$10,000 bonus

Hold Period
12 months after 60-day funding period
Qualifying Period
60 days
Requirements
Minimum $1,000 deposit required; Fund account within 60 days of account opening; Maintain funds minus trading losses for 12 months after funding period; Use promo code OFFER26
Expires
June 30, 2026
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Merrill Brokerage Bonus — Up to $1,000

$1,000 bonus

Hold Period
90 days
Qualifying Period
45 days
Requirements
Fund account with at least $20,000 in qualifying net new assets within 45 days of account opening; Assets from MLPF&S, Bank of America Private Bank, or 401(k) accounts administered by MLPF&S do not count as qualifying; Maintain balance for at least 90 days; Enroll in Preferred Rewards program within 90 days of funding; Use promo code 1000PR at account opening or provide to Merrill Financial Solutions Advisor
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Bottom Line

E*TRADE offers a higher bonus ($10,000 vs $1,000). However, be sure to compare hold periods and requirements before deciding.

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