E*TRADE vs Charles Schwab: 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

$1,000 bonus

Hold Period: 1 year
Qualifying Period: 45 days
Requirements: Open eligible retail brokerage account or IRA; Make qualifying net deposit within 45 days; Maintain net deposit (less market losses) for one year in taxable accounts; Deposits in Schwab One account

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