Online broker TradeKing.com has brought back their $100 sign-up bonus for new accounts. If you get a referral from an existing account holder, open a new account with at least $1,000, and make a trade, both people will get $100.
TradeKing offers $4.95 trades (market & limit) with no minimum balance requirement. I’ve had an account for years now, and they’ve gotten the job done without issues. They were recently rated #1 in customer service by SmartMoney magazine in 2010. The details:
- New customer must fund new non-IRA account with a minimum of $1,000 within 30 days of new account opening.
- Must execute one trade in the new account within 180 days of new account opening.
- The minimum funds of $1,000 must remain in the account (minus any trading losses) for a minimum of 180 days of new account opening or the credit may be surrendered.
If you’d like a referral just contact me, and I’ll be happy to send you one. I only need your e-mail address. There is no promotion code, but you’ll need to click on the specific link in the e-mail for tracking purposes. Offer expires March 31st, 2011. Update: Alive again from 9/1 to 9/30/11.
Also, if you want to move your stocks over from another broker… If you transfer an account of $2,500 value or greater over to TradeKing, they will also refund up to $150 in account transfer fees charged by your old broker.
Since I was burned by Zecco I decided to transfer my Roth IRA to tradeking. I have sent in all my account transfer forms etc., but I just noticed they do not support on demand ACH for IRA accounts (seriously??). Does anyone know if you can use online banking’s bill pay to deposit funds? Thanks.
any current promotions?
The current offer is a $50 bonus via referral.