Firstrade reimburses the bank fee on qualifying incoming wire transfers, up to $25 per wire and a maximum of three rebates per month.
Researched and rated by the BrokerBonuses editorial team · Last verified 2026-06-07 · How we rate
Risk warning: Trading carries a high risk of losing money, especially with leveraged products such as CFDs. A bonus does not reduce that risk. Only deposit what you can afford to lose.
Value rating breakdown
Availability
Checking availability…The catch
Rebate is credited as cash to the brokerage account after approval (about 5 business days) and is usable with no trading turnover. Thresholds: first wire must be $2,500+ within 30 days of opening; every subsequent wire must be $10,000+ to qualify. Only the actual bank wire fee is refunded, capped at $25/wire (if your bank charges no outgoing wire fee, the rebate is $0). Maximum 3 rebates per calendar month.
How to claim
- Log into your Firstrade account at firstrade.com after the wired funds have been received.
- Go to Service, then Promotions, then Wire Transfer.
- Select your qualifying wire transfers and submit the rebate claim.
- Submit the claim within 30 calendar days of receiving the wired funds.
- Wait about 5 business days for review; once approved the rebate is credited to your account.
Full review
Firstrade refunds the fee your own bank charges to wire money into your Firstrade brokerage account. The rebate covers up to $25 per wire transfer, with a cap of three rebates per calendar month. The reimbursement is credited as cash to your account after Firstrade reviews and approves the claim, which takes about five business days.
The "up to $25" figure is a ceiling, not a flat payout. Firstrade only refunds the actual fee your bank charged, so if your bank's outgoing wire fee is $15 you get $15 back, not $25. There are also size thresholds: your first wire must be $2,500 or more and completed within 30 days of opening the account, and every wire after that must be at least $10,000 to qualify.
You have to file the claim yourself through the Service, Promotions, Wire Transfer menu within 30 calendar days of the funds arriving, and Firstrade can change or end the offer at any time without notice. Eligibility is limited to individual, joint and custodial investment accounts, which in practice means US residents who can open a Firstrade brokerage account. The terms took effect on 01/05/2026.
Pros
- +Refunds your bank's incoming wire fee up to $25 per transfer
- +Cash credit is fully usable and withdrawable, no trading turnover required
- +Repeatable up to three times per month
Cons
- −Only the actual fee charged is refunded, not a flat $25
- −First wire must be $2,500+ and later wires $10,000+ to qualify
- −Claim must be filed manually within 30 days of the funds arriving
- −Limited to US individual, joint and custodial accounts
- −Effective return is tiny: subsequent wires must be $10,000+ just to recover a sub-$25 bank fee (about 0.25% or less)
- −Rebate equals only your bank's actual wire fee, capped at $25, if your bank waives outgoing wire fees the rebate is $0
$25 with Firstrade
Now you know the terms. Claim it on the broker's own site.
Sources & verification
We research every bonus from the broker's official pages and re-check it on a 60-day schedule.
Confirmed against official sources: type, Bonus amount, Withdrawal terms, Turnover requirement, Minimum deposit, Time limit, Account type, Eligible countries, status.
Broker regulation: SEC (license 8-34642), FINRA (license 16843), SIPC (license Member).
- Bonus terms and conditions: firstrade.com ↗
- Firstrade official site: firstrade.com ↗
Last verified 2026-06-07. Next review within 60 days.