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Get $50 with a new TradeKing Account

Posted by Clever Dude | October 2, 2008 .

A few weeks ago, when I was looking into my options for an account where I could buy stocks (outside of my eTrade Roth IRA), every blogger I asked recommended one online brokerage: TradeKing. And since the market is down so low (3,000-4,000 points from its high), now is the time to buy stocks!

And if you’re going to open an account, I (and many financial specialists, of which I am not) recommend opening an account with TradeKing because when you open a TradeKing account with $2500, you get $50. Why go with TradeKing? Well, other than their great user interface, you get trades for just $4.95 each. I can tell you that’s a LOT better than the $12.99 I pay through eTrade!

Here are the rules for this promotion:

  • Has to be a new non-retirement account
  • Funded with $2,500
  • $50 credit applied when first trade is made
  • Maintain a $2,500 balance for six months (minus any investment losses)
  • Only one promotion per household
  • Account must be opened after following a promotional link - not available by visiting the site directly

Hurry because the offer is only open until the end of October!


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2 Comments so far

  1. Anonymous October 2, 2008 7:30 pm

    That’s a very enthusiastic review!

    How much of a kickback do you get? Do you think you’re truly objective in your endorsement given the kickback?

  2. Clever Dude October 2, 2008 8:11 pm

    @Anonymous, how is it enthusiastic? I mean it when I say now is the time to buy. And I mean it that $4.95 trades are much cheaper than eTrade’s. And I’m honest when I say other PF bloggers (and numerous pros) recommend TradeKing.

    And it’s not called a kickback. It’s a referral fee, but I only refer products or services that I can truly recommend. You have no idea how many offers from advertisers I skip each day because I don’t think they’re good enough for my readers.

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