There is never a better time than right now to start planning your future. If you are thinking about opening a new investment account, now is a great time to do it. TradeKing is one of my favorite places to open an account for online stock trading – I’ve been a customer for several years now and recommend their service to anyone looking for an online brokerage account that offers a combination of price, service, tools, and educational products. Are you looking for more incentive to open an account? Then check out this TradeKing overview and these current TradeKing promotional codes, including TradeKing’s best promo offer ever – $1,000 in commission credits!
About TradeKing. TradeKing is one of the one of the leading online discount brokerage firms and is the broker I use for my online stock trades. TradeKing was rated #1 overall discount broker by Smart Money Magazine in 2006 and 2007, and was rated #4 overall online broker in 2011. SmartMoney also rated TradeKing best in customer service in 2008, 2010, and 2011. TradeKing has also received numerous awards from Barron’s (4 Star rating 5 years running, and #1 in usability in 2011), Kiplinger’s, and other periodicals.
TradeKing Features: TradeKing is one of the leaders in the discount brokerage community and features:
- $4.95 stock trades
- No fee IRAs
- Variety of investments, including stocks, bonds, mutual funds, options, and exchange–traded funds (EFTs). They also offer U.S. Treasury and Agency Issues and CDs.
- Free automatic dividend reinvestments (DRIPs)
- Money Market Sweep to earn interest on your idle cash
- Top rated investment research and learning center (free to everyone)
- Free access to Maxit Tax Manager tax management software
- Receive up to $150 to transfer your funds to TradeKing from another brokerage with the TradeKing Asset Transfer program to get up to a $150 asset transfer reimbursement.
We wrote a full TradeKing Review on our sister site which overs TradeKing’s features in more detail.
TradeKing Promotional Code – $1,000 in Commission Free Trades
I have been a TradeKing customer for over six years now, and this is the most generous offer I have ever seen from them – $1,000 in commission credits for new customers! The $1,000 commission credit is good for equity, ETF and option orders including the per contract commission. This makes this an excellent offer for active traders and options traders.
Get this deal while it lasts:
- Open a new TradeKing account with a minimum of $10,000 (must be funded within 30 days of account opening)
- Enter Promo Code: Free1000
You will receive your $1,000 commission credit within one business day of opening your account. The credit will be good for 60 days, and as mentioned previously, will apply to equity, ETF and option trades. This is the largest commission free trade credit I have ever seen from TradeKing or any other discount brokerage.
As always, there is some fine print, which you can read here:
The fine print: New customers are eligible for this special offer after opening a TradeKing account with a minimum of $10,000. You must apply for the free trade commission offer by inputting promotion code FREE1000 when opening the account. New accounts receive $1,000 in commission credit for equity, ETF and option trades executed within 60 days of funding the new account. The commission credit takes one business day from the funding date to be applied. To qualify for this offer, new accounts must be opened by 12/31/2014 and funded with $10,000 or more within 30 days of account opening. Commission credit covers equity, ETF and option orders including the per contract commission. Exercise and assignment fees still apply. You will not receive cash compensation for any unused free trade commissions. Offer is not transferable or valid in conjunction with any other offer. Open to US residents only and excludes employees of TradeKing Group, Inc. or its affiliates, current TradeKing, LLC account holders and new account holders who have maintained an account with TradeKing, LLC during the last 30 days. TradeKing can modify or discontinue this offer at anytime without notice. The minimum funds of $10,000 must remain in the account (minus any trading losses) for a minimum of 6 months or TradeKing may charge the account for the cost of the cash awarded to the account. Offer is valid for only one account per customer. Other restrictions may apply. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business.
TradeKing also offers other promotions, such as the $150 asset transfer reimbursement, which makes it easy to transfer your assets to TradeKing without losing your tax base or requiring you to first liquidate your stocks or other assets.
TradeKing $150 Asset Transfer Reimbursement
TradeKing is currently offering to reimburse new customers up to $150 in ACAT fees when they transfer their investment assets to TradeKing. Why is this a big deal? Brokerages often charge customers an Automated Customer Account Transfer fee when they transfer their assets to another brokerage. This fee is called an ACAT fee. It varies from broker to broker, and can cost you a fairly decent amount, depending on how much you are transferring, and your broker’s rules. TradeKing is offering to make it easier on you to transfer your investments without having the pay a large transfer fee to your current broker. It’s their way of saying thanks! Switch to TradeKing and get up to $150 in transfer fees reimbursed.