If you happen to be shopping for a discount broker these days, you’re in luck because a couple of these brokerages have come up with promotions in recent months. Zecco just had its 20 free trades offer (it expired a few weeks ago) and now TradeKing has revived their $50 TradeKing promotion, where they’ll deposit cash in your account once you open an account with them and comply with a few simple requirements.
TK had this same promotion last year where they offered the same sign up bonus, but let me reiterate the details of their offer here for those who need the extra information:
$50 TradeKing Promotion
- Open a new TradeKing account and you’ll qualify for $50 free money by using this promotional link. You’ll have to use this special link to be eligible.
- You must deposit $2,500 in your new account within 30 days of opening the account. Also, you must make at least one trade within 180 days of signing up with TradeKing to get the bonus.
- You’ll need to maintain an account balance of at least $2,500 (minus any transaction losses) for a span of 6 months in order to keep the bonus.
- You can’t use this offer in conjunction with other offers.
- This offer applies to U.S. residents only.
More Bonuses From TradeKing! $50 To Refer A Friend
There are other reasons why you may want to consider this broker: I consider TradeKing to be one of the best online brokers around, and I say this as one of their satisfied customers. Here’s a reminder why they’re a top choice:
- Cheap stock trades. TradeKing’s commissions are $4.95 per trade and $0.65 per option contract. It doesn’t matter whether your trade is made online or is broker assisted — you’ll get the same flat rate!
- Top Awards. Several financial publications including Kiplinger’s, Smart Money and Barron’s have rated TradeKing as a top broker, considered the best in customer service and usability.
- Excellent Tools and Resources. They offer resources such as research and intelligence reports, a tax manager, various calculators, stock and option screeners, technical analysis tools, investment webinars and trading videos. These are all free if you’re a customer.
- Trader Network. TradeKing stands out as a service that offers a built in investor community where you can compare notes with other traders and investors.
- Free Money, Free Switching. If you switch to TradeKing, they’ll cover your transfer fees up to $150. Also, for each new customer you refer to this broker, you’ll receive $50.
- Stock trades: Free stock trades from Zecco, Cheap stock trades from TradeKing, Stock news and Investment info at INO TV Free, No cost Trend Analysis for stocks
- Earn top returns: FNBO Direct [1.90%], HSBC Direct [1.65%], WTDirect [1.76%], E*Trade Bank [0.95%], ING Direct [.25% to 1.65%]
- Cash bonus: Discover More [$50], American Express [$25], Lending Club [$25]
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{ 2 comments… read them below or add one }
It’s definitely worth doing it, nothing to really think about.
I’ve got a few brokerage accounts and several of them are with these smaller discount brokers. I like the support at TradeKing — very responsive folks over there.