OptionsXpress $100 Sign Up Bonus

by Patrick on November 24, 2009

OptionsXpress is currently offering new customers a $100 sign up bonus when they open a new account with a minimum of $500 by December 31, and make a minimum of 3 trades over the course of the following 12 months.

About optionsXpress. optionsXpress is one of the best online discount brokers and has won numerous awards, including the #1 ranking for “Easiest to Use Online Broker” by Barron’s. optionsXpress is also rated among the best discount brokerages for options trading due to their pricing structure and tools. optionsXpress also offers:

  • Free streaming quotes.
  • Free investing education., webinars, trading tools, and advanced research.
  • Free Account Transfers.
  • Free Virtual Trading.
  • Powerful Online Tools.
  • No inactivity or maintenance fees.

OptionsXpress $100 sign up bonus

This is a generous sign up offer and is unique in two ways: The offer page currently shows that the deal is available until December 31, 2011, and you have 12 months to make 3 trades to qualify for the $100 bonus. The expiration date very well could be a typo on their landing page, and if it changes I will update this page. Most similar offers by other brokerage firms require the trades be made within 1-3 months, so you have much more time to qualify, which is a good thing. :)

How to get the $100 new account bonus:

  1. Open a new optionsXpress account.
  2. Deposit or transfer a minimum of $500 when you open your account.
  3. Make at least 3 trades within 12 months.
  4. The $100 bonus will automatically be deposited in your account.

optionsXpress

OptionsXpress $100 Bonus Details:

*Offer is valid for one new Individual or Joint optionsXpress account opened and funded with at least $500 by US residents on or before December 31, 2011 at 11:59 CST, and having executed 3 trades within twelve months of account opening. To receive $100 bonus, account must be funded with at least $500 cash or securities transferred from a brokerage firm other than optionsXpress. The $100 bonus will be deposited into the new optionsXpress account within one month after meeting the terms and conditions of this offer. optionsXpress may charge the account for the cost of the $100 bonus should account fail to remain open with minimum funding (excluding trading losses) 6 months from the account open date. IRAs, other tax-exempt, linked, or shared accounts are not eligible to receive the $100 bonus offer. Offer is not transferable, is not valid for internal transfers, current optionsXpress accounts or with any other optionsXpress offers. All taxes related to this $100 bonus offer are the responsibility of the account owner. Limit one offer per person meeting the terms of this offer and opening a new optionsXpress account online at http://www.optionsxpress.com/new_account.asp?intcmp=lp100offer111209&promo=207. We reserve the right at our sole discretion to terminate, modify or suspend this offer at any time without notice. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business.

Other current brokerage offers:

Scottrade

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{ 3 comments… read them below or add one }

1 Mrs. Money November 24, 2009 at 2:50 pm

Wow, this is awesome, and right in time for Christmas shopping!

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2 Charles November 24, 2009 at 4:11 pm

I use Ameritrade and it costs me $11 per trade. Do you know what OptionX charges for each trade? If it’s cheap enough, I might switch.

Reply

3 Patrick November 24, 2009 at 4:41 pm

Charles, The trades are $12.95 – $14.95, depending on how many trades you make per quarter. The options trades are $15.00 compared to Ameritrade’s $17.49. OptionXpress also offers free streaming quotes, if you need access to that feature.

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