TradeKing Promotion – $50 Bonus for Opening Brokerage Account

TradeKing $50 bonus for new accounts runs through November 30 2009.  Online stock brokerage TradeKing is running this promotion for new customers that open a TradeKing account in the month of November.  You’ll get your $50 bonus after you make your first trade.

I’ve never used TradeKing myself but they come highly recommended. They were picked as the best discount online broker by Smart Money magazine for two years in a row (2006 – 2007) and as the best in customer service in 2008. TradeKing also scored well in Barron’s in 2008, earning a 4-star rating and beating brokerages such as E-Trade, TD Ameritrade, and Charles Schwab.

I was curious as to what makes TradKing so popular with online stock traders so I did some research and listed below some of the reasons TradeKing gets such high marks:

• Low Trading Costs
  • Smart Order Routing excecutes each trade at best price
  • No extra charge for broker assisted trades
  • Reimburse your commission if they don’t get you best available price
• Educational Resources
  • Webinars
  • Video tutorials
  • Podcasts
• Trading Community
  • Online community of stock traders
• Tools
  • Tax Manager
  • Technical Analysis
  • Detailed research reports
  • Streaming quotes
• Options Trading
  • Option trading strategies (multi-leg chain, strike price, & spread)

It doesn’t sound as though you’ll be able to get the $50 bonus directly through the TradeKing site.  There is no promotion code that I’m aware of, you’ll need to sign up using this link through the end of next month and make a trade to get your $50.