Get a $250 bonus when you open, fund, and make at least two trades with your Axos Invest Self-Directed Trading account. Full details of this brokerage promotion below.
For more current bank offers, see ourย bank bonuses page. The most popular offers are fromย Chase Bank,ย SoFi, KeyBank, andย Axos Bank.
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Axos Invest $250 Bonus Offer
Axos is offering a $250 bonus when you open a new Axos Invest Self-Directed Trading account, deposit at least $2,000, and complete two trades.
How To Earn Bonus:
- Open a new Axos Invest Self-Directed Trading account using this link.
- Deposit a total of at least $2,000 within 60 days of account opening.
- Complete at least two trades of $25 each.
- Receive a $250 bonus deposited into your account within 10 days following the 90-day waiting period.
Bonus Offer Details
Availability: Nationwide
Expiration: 5/31/2023
Household Limit: None
Direct Deposit Required: No
Soft/Hard Inquiry: Soft
Early Account Termination Fee: None
Offer Terms & Conditions
- Valid for one new Axos Invest account per person, and only open to U.S. residents.
- Current and former Axos Invest account holders who closed accounts within the past 90 days are not eligible.
- To receive a $250 Bonus: You must open a new account and have qualifying deposit(s) that total at least $2,000.00 within 60 days to qualify for a $200 bonus. Self-Directed Trading accounts will need to additionally make two trades to qualify โ each trade requires a $25 minimum.
- Deposit funds must be new to bank from a third-party source (not originated from another Axos Bank brand account) to receive bonus credit.
- New account holders are limited to opening one Managed Portfolios or one Self-Directed Trading account
- Eligible accounts include IRA & Taxable, Joint & Individual โ bonus will bed awarded into the account opened.
- Subsequent market fluctuations and/or trading losses do not impact qualification.
Axos Invest Self-Direct Trading Account
Axosโ self-directed trading platform is meant for hands-on investors who donโt need or want someone to manage their portfolio. The basic account has no account, service, or inactivity fees and requires only a $1 minimum balance.
It also offers investors commission-free trades for stocks and ETFs while providing competitive fees for options and mutual funds:
- Stocks: $0 per trade.
- ETFs: $0 per trade
- Options: $0.80-$1 per contract
- Mutual Funds: $9.95 per trade (no-load)
Hereโs an overview of how Axos stacks up against their competitors (TradeStation, E*TRADE, Interaction Brokers, and TD Ameritrade):
Self-Directed Trading | Axos Invest | Other Brokers |
Real-time Deposits | Yes | Up to 50% of funds held for 3 business days. |
Account/Service/Inactivity Fees | No | Possible charge for holding cash in lieu of your next move. |
Mutual Funds Transaction Fees | $9.99 | Up to $49.99 |
Stock/ETF Trading Fees | $0 | As high as $0.0035 per share |
Margin Rates | ~8% | As high as 11.95% |
For complete pricing of Axos Invest, see this fee schedule PDF.
The Bottom Line
This is a good offer and pretty easy-to-do. Getting $250 on a $2,000 deposit is a 12.5% return in 90 days. Since stock and ETF trades are free, you can simply make two $25 trades of an ETF like Vanguard Total Stock Marker Index Fund (ticker: VTI) to complete the trading requirement.
Many readers have already opened an Axos Bank savings account because itโs one of the highest yield savings account available. What I really like about Axos is their platform integration when it comes to banking and investing.
I can access all my Axos accounts under one roof using a single login name and password. Itโs convenient to manage my high-yield savings account, rewards checking account, and brokerage account together.
My only gripe is that the brokerage account is a little clunky if youโre using the Axos app. Itโs much easier to trade if you log in from a desktop or laptop computer.
The cherry on top of this is the fact that I earned $550 opening these accounts due to their respective sign-up bonuses at the time. You can view the current offers in this Axos Bank promotions page.
I appreciate all the feedback Iโve received requesting more brokerage bonuses. There soon will be a dedicated section to list all the brokerage and investing offers available โ much like the bank account bonuses you see today!
How easy is it to take my money out (once bonus is received) to transfer to my regular account?
I used Fidelity to request a transfer of assets – very easy and it processed within two weeks.
Hello Jon,
Does Self Directed Trading account and Managed Portfolios are from different families ?
I opened a new SDT account in Jan when 200 on 2000 offer was in progress. I have not yet reached all bonus requirements. Can I open Managed Portfolios to avail the offer again ?
Unfortunately, Self-Directed Trading and Managed Portfolios are considered the same product group under “Axos Invest”. You can still get the bonuses for the consumer checking and savings accounts along with the business banking products.