TradeKing Doubles $50 Cash Bonus For New Accounts to $100!

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TradeKing BannerTradeKing, one of the best online discount brokers has launched a $100 cash bonus for customers that sign-up for a new TradeKing account.  If you recognize this promotion, it’s because TradeKing does this sort of thing often (this time DOUBLING the cash bonus) but unfortunately, it’s restricted to new accounts only.

In order to qualify for the $100 cash bonus, you must abide by the following rules:

  • Account must be opened between now and August 31st, 2011.
  • The initial deposit on the account must be $2,500 or more
  • The account must remain funded with $2,500 or more (minus losses) for a period of 180 days
  • Three trades must be executed within 180 days of opening the account
  • The account must be opened online, using a promotional $100 cash bonus link.  No promo code is necessary to receive the bonus but this offer is available to select sites only.

If you’re not already familiar with TradeKing, now is as good an opportunity as you’ll have to try them out.  TradeKing continues to be one of the most respected online discount brokers with a very low commission structure ($4.95 per trade and $0.65 per option) and top notch customer service, continuously voted best by Kiplinger and Smart Money.  Advanced trading tools and an eduction center where TradeKing members can follow each others progress allow for informed, educated decisions that will hopefully lead to substantial investing profits.

To sign-up for this limited time $100 cash promotion, visit www.TradeKing.com.

TradeKing Banner $100

Published or Updated: January 18, 2012

Comments

  1. $100-$14.85 (in req’d trades) = $85.15 divided by $2,500 investment yields a rate of 3.4% over the 6 month holding period. Nothing to sneeze at. Are there any costs associated with closing the account? How easy is electronic funding?

  2. Michael says:

    Slug

    Funding is quick and can be done in a variety of ways, most notably with an online savings or checking account (3 business days for the transfer, no fees). Closing the account is also fee free.

    That said, I would recommend against the pump and dump philosophy on this one if you’re in it just for the $85.15 as you say. TradeKing is actually a great discount broker and if you trade at all, you may want to consider them beyond this bonus.

    But I agree … 3.4% these days is about as good as you’ll find, albeit on $2,500.

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