Archives for August 2011

Online discount broker TradeKing has brought back their $100 sign-up bonus for new accounts, no promotional code or referral required. You must open with $2,500 and make 3 trades within 6 months. Offer expires 8/31/11.

To qualify for this offer, new accounts must be opened and funded with $2,500 or more. Account funding must occur within 30 days of account opening, and three trades must be executed within 180 days of account opening, for account to qualify. […] The minimum funds of $2,500 must remain in the account (minus any trading losses) for a minimum of 6 months or the credit may be surrendered. Other restrictions may apply.

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.

TradeKing will credit your account transfer fees up to $150 charged by another brokerage firm when completing an account transfer for $2,500 or more. Offer applies to new non retirement accounts funding for the first time. Credit will be deposited to your account within 30 days of receipt of evidence of charge.

TradeKing offers $4.95 trades with no minimum balance requirement or inactivity fees. I’ve been using them for a while, they are a good basic broker for ETFs and dollar-cost-averaging. I am not an active trader or daytrader.