Note: The $50 sign up bonus for new accounts ended on Feb. 12, 2014. The $150 Asset Transfer Bonus remains in effect, making it easy to transfer your current assets from your old brokerage to a new TradeKing account.
TradeKing is one of the leading online discount brokers, and they are well known for a mix of great prices, a robust trading platform, and excellent trading tools. Here is a top level overview, and a rundown of their current promotions.
TradeKing: Top Rated Discount Broker. TradeKing has been rated 4 stars by Barron’s in each of the previous 5 years, and was rated the #1 online broker for usability in 2011. TradeKing was ranked as the #1 Discount Broker in SmartMoney Magazine’s 2007 Broker survey. More recently, SmartMoney Magazine ranked TradeKing as the #4 overall discount broker in 2011, and #1 in Customer Service in 2008, 2010, and 2011.
TradeKing is also well known for their $4.95 trades and $0.65 option contracts, both among the lowest in the industry. TradeKing offers live customer support, free trading tools, and an online community where traders and investors can share tips and ideas. You can learn more about TradeKing in our full review.
TradeKing Promotional Codes $50 Bonus, and Free Transfers
From time to time, TradeKing runs promotions. The most popular promotion is the $50 sign up bonus for opening a new TradeKing account. These events usually only happen once a year, and the bonus is only available for one month. So you need to be on the lookout for them when they happen. Get $50 when you open a TradeKing account today.
$50 Sign-up Bonus – Limited Time Only!
From January 1, 2014 through February 12, 2014, TradeKing is offering new customers a $50 bonus when they open an account with a minimum of $3,000 and make three trades within the first 90 days. These are easy targets to hit if you are a fairly active trader, and with the $4.95 trades, you won’t have to spend much to hit the minimum number of trades (and it’s quite possible the $4.95 trades are already lower than what you are paying, making this deal even better!).
Here is the fine print: To qualify for this offer, new accounts must be opened and funded with $3,000 or more. Account funding must occur within 30 days of account opening, and three trades must be executed within 90 days of account opening, for account to qualify. Offer is not transferable or valid in conjunction with any other offer. Open to US residents only. Not valid for IRAs or other retirement accounts. One offer per household. TradeKing can modify or discontinue this offer at any time without notice. The minimum funds of $3,000 must remain in the account (minus any trading losses) for a minimum of 90 days or the credit may be surrendered. Other restrictions may apply.
Limited time offer! This is a limited time offer, so be sure to take advantage while the deal is still available. Here is the special link to take you to the bonus page: TradeKing $50 new account bonus.
TradeKing also runs different promotions. One of the most popular TradeKing promotions (outside of the free cash!) is the ACAT Fee Reimbursement.
Bonus Offer – TradeKing Reimburses ACAT Transfer Fees
Transfer your assets to TradeKing and save up to $150! Most brokerage firms charge Automated Customer Account Transfer fees (ACAT transfer fees) when you move your investments to another brokerage. Because these fees can be a deterrence, TradeKing offers to reimburse investors for these fees, up to a total of $150 when you move your account to TradeKing. This offer is available in conjunction with the $50 cash bonus, making it easy to open a new account, get the $50 sign up bonus, and transfer your assets from your old brokerage to TradeKing. Take advantage of their $150 transfer fee reimbursement offer if you transfer your assets to a TradeKing account. Switch to TradeKing and get up to $150 in transfer fees reimbursed.