OptionsHouse Offers 100 Free Trades

OptionsHouse, one of the lowest cost online discount brokers, regularly offers promotion codes and other discounts. I'll keep track of each promo code here as they become available. Here are the discount codes currently available from OptionsHouse.

100 Free Trades from OptionsHouse: Follow this link to OptionsHouse and use the promo code FREE100 when you open a new account. With this promotion code, you'll get 100 commission-free trades.

$100 ACAT Transfer Rebate: If you are transferring brokerage accounts to OptionsHouse, you can get up to $100 rebated by OptionsHouse for ACAT transfer fees. When you sign up for OptionsHouse, use the promotion code ACAT100REFUND.

$25 Wire Transfer Rebate: The fastest way to fund a new account is with a wire transfer. If that's how you intend to fund a new account, OptionsHouse will credit your account with $25. Here are the details:

For initial funding only - minimum of $1,000 for a cash account, $2,000 for a margin account. You must apply for the fee reimbursement offer by inputting promotion code WIRE25REFUND when opening the account or by using this code when speaking with an OptionsHouse customer service representative. Reimbursement will be made to your account via a credit within 60 days.

Refer-a-Friend for $50 or 10 Free Trades: Once you become an OptionsHouse account holder, you can refer friends to OptionsHouse and get either $50 or 10 free trades. There's some fine print on this one:

All OptionsHouse customers with a valid funded account are eligible. Each "friend" can be referred only once. New accounts must be opened within three months of referral and funded with at least $1,000 for a cash account and $2,000 for a margin account (according to OptionsHouse policy). You will be eligible for a credit of $50 (or 10 free trades) after your friend has opened and funded his or her account. If you choose the 10 free trades option, you will have up to six months to earn these free trade commissions. Bonus only valid if referred friend is not already an OptionsHouse account holder. Account holders receive a free trade commission, up to a maximum of 10 free trades, for each stock or option trade executed within six months of the referred friend funding his or her account. Account holders pay the applicable commission rate (and any related regulatory fees and transaction charges) on all trades at the time of the trade, and accounts will be credited with the commission within 60 days of the expiration of the six-month period or completion of 10 trades. Account holders will not receive cash compensation for any unused free trade commissions. Offer excludes employees of OptionsHouse, LLC or its affiliates. OptionsHouse, LLC customers may trade up to 50,000 shares or 4,000 options contracts per order; trades in excess of these parameters require multiple order tickets and will be billed as separate orders. Flat commissions may not apply outside certain risk parameters. OptionsHouse reserves the right to restrict or revoke this offer at any time. Additional restrictions may apply.

There's no limit on the amount of money you can earn by referring friends to OptionsHouse.

Please keep in mind that promotion codes can and do change without notice, so make sure to verify these offers on the OptionsHouse website. Also, if you know of another OptionsHouse promotion code, please let us know in the comments below.

If you are still undecided, read our review of OptionsHouse or our comparison of the top online brokers.