US Banking Rates

Lates banking news and CD rates

Tradeking $100 Bonus Promotion

Posted on August 24th, 2011


If you were holding out for that $100 Tradeking Promo, you don’t have to wait any longer it is back. All you need to do is the following:

  • Open a new account using the following link:
  • Fund the account with at least $2500 within 30 days of opening the account
  • Execute three trades within 180 days of account opening

For those of you that are not familiar with Tradeking, they offer a flat $4.95 commission on stocks and options. Tradeking was founded in 2005 by the founders of Suretrade.com which was eventually sold to TDAmeritrade. All accounts are SIPC protected, so you can be sure that your money is safe.

I’ve had a Tradeking account since 2006 and use it as my primary trading account. Why spend $10 or more for a stock commission with the other guys when Tradeking offers the same service for half as much! There are no account minimums or inactivity fees. (note that in this special case to qualify for the Tradeking Promotion there is a $2500 minimum to get the free $100 but once the 6 months is up, there is no minimum balance). Check out my Tradeking Review for an indepth review of their service.

Some other cool features they offer is an ACH feature where you can move money in and out of your linked checking account. There is also a money market sweep that invests your uninvested money in a money market account that earns interest. They also offer loads of educational material to help you understand the basics of investing with stocks and options in case you are just starting out. I learned how to trade options with Tradeking very quickly using their helpful training tools. You can also send them any paper stock certificates you have to them and they will add them to your account for free. I had to use this feature once with a stock purchase plan I had for a company I worked at. It was a very simple process and I was able to trade those stocks electronically in less than 2 weeks.

Similar Posts:

Share

Tags: 100, 100 Bonus
Filed under Banking News |

Leave a Reply