TradeKing $50 Bonus for New Account Is Back

It was only a month ago when TradeKing celebrated the National Friendship Day with a promotion that gave a $50 bonus to people who opened a new account through a reference from an existing customer. Now the online discount broker is bringing back the popular promotion for the month of October and November.

If you want to take advantage of this offer, all you need to do is following these steps:

1. Open a TradeKing brokerage account before November 30, 2009;
2. Fund the account with at least $2,500 within 30 days after the account is opened;
3. Make a trade 180 days of the account opening;
4. And collect $50 bonus.

Unlike the previous promotion, no reference is necessary this time to get the bonus. You can simply use this link to open an account and meet the requirements. However, you do have to keep the initial fund ($2,500) in the account for at least 6 months; otherwise, the bonus will be forfeited.

TradeKing is one of the stock brokers I am actively using. The broker charges $4.95 for online stock trading and $0.50 more for each contract in options trading. I have discussed TradeKing quite often here. To learn more about the broker, check out my TradeKing review for stock and options trading. The promotion ends November 30, 2009.