This promotion has expired.
Long time readers of Bargaineering will recognize TradeKing as one of the brokerage accounts I use. I really like their customer service (their online chat is great) but it was the $4.95 a trade that sucked me in. I don’t do any options trading, that’s another one of their popular offerings, and I use TradeKing for individual stocks (and Vanguard for mutual funds).
This month, they’re running an impressive promotion for new account holders. The details of the promotion are pretty straightforward – new customers who open an account between August 1st and August 31st, 2011 will receive a $100 bonus if they fund with $2500 and make three trades. There is no promotion code but you have to use the above link (in the banner) when you sign up. It’s a special promotion that may or may not be extended but it does represent one of the richest bonuses out there. The best part about this, and I’m surprised they’re doing this, is that the $150 transfer fee reimbursement offer is also available with this $100 promotion.
If you were waiting for a promotion to start with TradeKing, it probably won’t get much better than this (especially if you’re looking to move from another brokerage account!) for a while. I’ll take cold hard cash over “a bazillion free trades” any day.