The right trading bonus is not always the biggest headline number.

With investing promos, you need to care about three things:

• how much cash you actually need to lock up
• whether you have to trade to qualify
• whether you would still want the app after the bonus is gone

If you ignore those three points, you can end up chasing a “free stock” that requires a deposit size or holding period that makes the whole thing much less attractive in practice.

Current Trading Bonus Snapshot

1. Stake: Best Easy Bonus If You Already Want US Stocks

Stake Wall St referral offer: Use code leew389 when signing up as a new Stake customer. Open an eligible individual Wall St account with a verified email and deposit at least A$50 through Stake within 24 hours of creating the account. Funding Stake AUS alone does not qualify for this Wall St reward.

The first-funding terms also set a 24-hour claim window after your approved Wall St account is created, unless your offer expressly gives a different period. Claim promptly through Stake’s Rewards hub and check the deadline shown in your offer.

The reward value is selected at random using weighted probabilities; you can choose from the eligible U.S. stocks shown in your offer. Neither a particular stock nor a fixed reward amount is guaranteed. The referral requires the new customer and referrer to be in the same jurisdiction. A reward value is redeemed into stock, not paid as withdrawable cash. Stake Wall St reward terms.

Standard brokerage is A$3 for ASX orders up to A$30,000 and US$3 for U.S. orders up to US$30,000, then 0.01% above those thresholds. Wall St currency conversion costs 55 basis points, with a US$2 minimum; card funding and other charges can apply. Stake’s pricing and full fee schedule. Investments and exchange rates can fall; compare the costs with the reward before funding. MoneyHackHQ may receive a referral reward if you join and qualify.

If you want the broader product breakdown, my best stock trading apps in Australia guide is the natural next read.

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2. moomoo AU: Read Welcome and Referral Offers Separately

For moomoo, start with the invitation’s current terms rather than a headline share count. A welcome benefit for a new customer and a referral reward for the person who invited them are different benefits.

Before opening or funding an account, check who qualifies as a new customer, which account types are eligible, any first-deposit or trading requirement, and whether a balance must be maintained. Note the offer end date and the deadline for claiming any reward; they may be different.

Compare any benefit with brokerage, currency-conversion and transfer costs, and the investment risk involved. Do not assume a fixed cash reward, named stock, share count or fee-free period applies to your invitation. Only fund or trade if the account also suits the way you want to invest.

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3. Webull Australia: Best If You Want a Straightforward Free-Shares Hook

Webull Australia’s live referral page is still one of the clearest consumer-facing promo pages in the category. The main message is simple: “Win 6+6 Free Shares”, with the referrer getting 6 shares and the friend getting 6 shares once the welcome-campaign requirements are met.

The public page also uses deposit any amount language, which is exactly why Webull keeps getting attention. People see “free shares” and “any amount” and assume easy upside.

The important nuance is that Webull separates the referral pitch from the detailed welcome-campaign requirements. So I like Webull as an easy attention-grabber, but I would still read the live campaign steps before assuming the reward will land exactly the way the hero banner suggests.

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4. Tiger Trade: Best If You Don’t Mind a Deposit Threshold

Tiger Trade’s current Australian promo pages are more old-school brokerage marketing than app-store reward marketing, but the offer is still useful.

The live pages I checked still advertise a free US$50 fractional share if you fund above A$500 within your first 7 days and keep the required account asset value in place for the qualifying period. They also highlight the platform’s low brokerage, FX positioning, and global-market access.

This is not a “deposit $1 and get something fun” promo. It is a funded-account bonus. That makes Tiger less exciting for pure bonus chasers, but still decent for someone who was already planning to move real money onto the platform.

Try Tiger Trade →

How I’d Rank These Trading Bonuses Right Now

The pattern here is simple: Stake wins on ease, moomoo needs a careful invitation-and-cost comparison, Webull wins on clean marketing appeal, and Tiger wins if you are comfortable funding a real account quickly.

Frequently Asked Questions

Which trading app bonus is easiest in Australia right now?

Stake Wall St has an A$50 qualifying first-deposit requirement and a 24-hour funding window for the standard first-funding reward. You also need to claim within the applicable offer window. Compare the reward shown by Stake with currency-conversion and brokerage costs; a referral reward is not guaranteed profit.

Which app has the biggest potential reward?

Headline share counts do not establish which offer is worth the most to you. For moomoo, check the benefit attached to your invitation, who receives it, and the funding, holding, trading and claim conditions. Compare that with the costs and investment risk before choosing.

Are these bonuses guaranteed to stay the same?

No. Trading-app promotions are among the most volatile offers in Australian finance. Always check the live campaign page before funding.

Should I open multiple investing apps for the bonuses?

Potentially yes, but only if you are comfortable managing them and you were already interested in testing multiple platforms. The bonus should not force you into opening accounts you will never use properly.

Official Sources Checked

• Stake Wall St reward terms
• Stake referral reward help
• moomoo AU referral rewards
• moomoo AU welcome rewards
• Webull Australia referral rewards
• Tiger Trade Australia promo page