Firstrade Brokerage Bonus

Update (2/1/2010): This promotion is still active

A lot of you have been asking about promos for Firstrade Brokerage. Unfortunetly there is nothing great out there, the best I can do for you is 5 free trades. (OptionsXpress currently has a $100 promo for new accounts going. Click HERE for more info.) I have to refer you for you to get those trades. If you are interested, complete the form below and I will get a referral to you. I know this isn’t the greatest bonus, but if you are looking to get in on a down market, those 5 trades can make you a lot of money. Plus, once you join, you can refer others for $50!

I have had a Firstrade account for a few years and like it very much. Their site is very simple and easy to use. For $6.95 market, limit and option orders, it is very attractive to help keep your commissions low especially if you are a smaller investor. They offer an ACH feature that allows you to push and pull money from a linked checking account which makes investing much easier. Trades execute quickly and Customer service via email is very responsive. I had one issue where my trade was rejected and they quickly explained why.

The Firstrade feature that differentiates them from other brokerages is the free dividend reinvestment program. Many other online stock traders drop the dividend into a money market and if you want to invest it back in the stock you have to pay another commission. This is a great for those of you like dividend investing!!

If you want 5 free trades, complete the form below and I will get you a referral email to you.

1. Send a Firstrade Referral To:
2. You Name:(required)
3. Your Email Address:(valid email required)

 

cforms contact form by delicious:days

$999 In Free Trades From TD Ameritrade

 TDAmeritrade is offering $999 worth of free trades if you open an account by 7/31/08. Here are the details:

• You must open a new individual (non-IRA) or joint account by 7/31/08
• You must transfer at least $2000 into the new account to receive the free trades
• $999 of free trades = 100 Commission Free Trades.
• Free Trades must be used in 60 days from opening the account
• Bonus: If you transfer more than $50,000 into the new account you will also receive a Garmin nüvi 660 GPS Navigator
• Account must remain open for 9 months with at least a $2000 value in cash or stocks, otherwise you may be charged for the free trades and/or the Garmin nüvi 660 GPS Navigator

If you are a day trader or have a bunch of trades that you want to make within the next few months, this is a good deal since 100 free trades is pretty decent. After the free trades are over with the current trading price is only $9.99. If you are looking to profit from a down market, now is the time.

Check out the Offer Page for more information.

$100 Bonus from optionsXpress Extended

EDIT: This promo has expired, there is a new $100 account promo HERE

optionsXpress, an online stock and options brokerage, is offering a free $100 when opening a new account. You must deposit a minimum of $500 by 3/31 5/31 when the promo expires. You will receive the $100 bonus in your account on or before April 10, 2008 June 10, 2008

Promo Details & Sign-up

I have never used these guys so I can’t comment on service. And although they don’t have the lowest commisions of places like Tradeking.com or Firstrade.com, earning 20% on that $500 in a few weeks isn’t too shabby!!

Since they exetended the promo I have decided to sign up. Hey I can’t pass on a 20% bonus!!

Another $50 Free From Sharebuilder

Sharebuilder (now owned by INGDirect) has another $50 promo available for signing up for a new account. You need to deposit money into your account and make a stock purchase to get the $50 bonus.

To sign up for the promotion, go to the Sharebuilder Application Page and check the box “I’m responding to a Promotion”. In the “Promotion Code” box, enter the following code: 50GO28
After you purchase your first stock the $50 bonus should be paid out in 4-6 weeks.

I personally use Sharebuilder. I mainly use it for a long term investing account. I buy partial shares of 10 ETF’s four times a week. My goal with this account is to dollar cost average while the market is correcting itself. I just set this and forget it. I consider this nest egg fund to use later, possible for kid’s college education. Their setup makes it very easy to invest and not have to think about it. I definetly recommend it if you are just a begining investor!!

100 Free Trades a Year With Wells Fargo Investments

Here is a promotion that has been out there for a while, but I thought I would mention it since I haven’t yet. Wells Fargo Investments will give you 100 Commission Free Equity Trades per year if you have $25,000 in brokerage, loan balances or deposits with them. You need to open a Wells Fargo PMA Package which includes a checking account and brokerage account. As long as you keep your checking account linked to your brokerage account, there are no checking fees. And assuming you meet the $25,000 balance requirement there are no fees for the brokerage account either.

Wells Fargo accounts used for balance qualification include checking, savings, time accounts (CDs), retirement (IRAs), brokerage, trust (excluding irrevocable trusts), loans, outstanding credit cards and line of credit balances, and 10% of an outstanding mortgage balance .

This promo works great if you have a mortgage with Wells Fargo. Say for example your outstanding mortgage loan is $275,000. So 10% of $275,000 is $27,000. You have just satisfied the $25,000 requirement for the free trades.

 The checking account comes with free checks, debit card and pays tiered interest on your balance. There is also an electronic transfer feature that allows you to transfer money between the checking account and brokerage account.

Link To Details and Sign Up Page

 If you have $25,000 in deposits or a mortgage, or a combination that gets you to $25,000, this is a totally free investing solution. You figure with 100 free trades per year you get 8 free trades per month. This is pretty good for someone investing over time as you are buying stock at cost. If you are a day trader, this probably isn’t a good fit for you.

$100 Bonus from Fidelity Brokerage

Ok guys, this bonus is not for the faint at heart! It requires you to have 10k laying around. So why not sell that car you no longer need. Seriousy, if you have 10 grand sitting around in a bank account, Fidelity is willing to give you $100 if you open a Brokerage account with it.
Sure, you say that receiving $100 on $10,000 is only 1%? Well yes, but that is 1% earnings for only 7 days. Most savings account will pay 1% for the whole year if that.

This works if you are opening a new Brokerage account, or if you currently have one with them. Ok, if you are still with me, here is what you need to do:

• Complete the $100 Bonus Form
• If you currently have an account, enter your account number on the form. Then go to your account and deposit the 10k.
• If you do not have an account, complete the account opening form and deposit your 10k.
• Once the deposit clears (in about 5-7 days) you should receive and email and see the $100 bonus in your account.

Once this process is complete, you can then decide if you want to keep the money at Fidelity in their 3.6% money market (FSLXX) or purchase stocks or mutual funds. This is a great account since purchasing of all Fidelity Branded Mutual Funds commission free. I know this takes a bit of time, but for $100 in 5 days, I would do just about anything, well almost anything!

Again, I can not say anything bad about Fidelity. All my retirement accounts are currently with them and I am actually doing well despite the rocky market!

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