TradeKing Promotion for New Accounts

May 13, 2010

TradeKing Bonus – $50

TradeKing promotions like this latest $50 referral bonus help explain why the number of investors opening a TradeKing account grew by about 50% last year.  According to the online brokerage, many of these people were new to self directed investing so they’ve focused heavily on education and training for new investors.

The current promotion gives new customers a $50 bonus if they’re referred by an existing investor, then deposit money into the new account and make a trade. TradeKing doesn’t leave new customers hanging; they offer new client orientation webinars where they go over a range of topics like monthly statements / trade confirms, how to place orders, and how to track trades for tax purposes.

TradeKing Training

As a TradeKing customer I get their training annoucements every 2–3 weeks where they publish thier schedule of education webinars.  As I mentioned, some are specifically for new customers, such as explaining the difference between Market, Limit, Stop and Stop Limit orders and how to read market data (the bid, the ask, size, and volume).  The webinars also cover more advanced topics like trailing stops, Candlestick charting, and stock trends (ex: CBOE Equity Put/Call Ratio, CBOE Volatility Index, Acceleration Bands).

TradeKing Referrals

While there are lots of online stock brokerages to choose from, not many offer a $50 referral bonus like TradeKing.  Of course customers aren’t just opening an account for the cash promotion, the quality of the brokerage is what’s really important.  It doesn’t hurt that TradeKing has consistently received high marks over the last few years:

  • SmartMoney magazine gave TradeKing a five-star rating for both the quality of its service and trading tools.
  • Barron’s Online Broker survey has given TradeKing a 4 out of 5 star rating for four consecutive years.
  • Wall Street & Technology featured TradeKing as one of the most innovative investment firms

This latest promotion only runs through the start of next month, for more details on the TradeKing bonus click here.

Ben

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Ben

Ben Edwards, the founder of Money Smart Life, saved up enough to buy a Nintendo back when he was 12 years old. When he used the money to buy shares of Wal-Mart stock instead, he knew he wasn’t like the other kids… His addiction to personal finance has paid off for his family and now he’s helping you to afford the life that you want. Check him out on the web at Google Plus, Twitter and Facebook.


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Comments

3 Responses to TradeKing Promotion for New Accounts

  • parag

    I have been very satisfied with the TradeKing service overall. They have been very helpful and quick to respond when I had questions. I’m new to stock trading, and thus far I’ve been impressed with the number of helpful hints and tools provided to me on the site.

  • 2million

    Thanks I have been meaning to take advantage of this bonus, but haven’t gotten around to it. It almost sounds like an ideal offer, but you still need to deposit $1k into the account to earn the bonus. Still worth signing up though in my opinion.

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