Firstrade Referral Promotion: $50 Referral Bonus Sharing Program

I haven’t used my Firstrade account for a while. Actually, the account is largely abandoned since I moved all my investments at Firstrade to TradeKing last December.

Tonight, when I didn’t log into my account to send a referral to a reader, I noticed that Firstrade is now also offering a $50 cash bonus in their Refer-A-Friend program for referring new customers to the discount broker (TradeKing is offering $50 bonus for every new account this month). In the past, Firstrade only gave 5 free trade (Firstrade charge $6.95 per trade) for both the referrer and referee. If I have to choose, then I will prefer to receive cash incentive over free trades because I can use the money for other things than buying stocks.

Now, because of this new referral program, I am going to offer a split of the $50 bonus with anyone who uses my referral, like what I am doing with other referral programs. Conditions of Firstrade’s referral program include:

The referee will receive an e-mail notification with a promotional code. The promotional code must be activated at the time of the new account online application in order to be eligible. The referee must open a new Firstrade account and deposit $1,000 within the first 30 days of opening the new account and execute at least one equity (stock) or options trade within 30 days from the initial deposit date.

If you are interested in getting a Firstrade account and receiving 5 free trades plus a $20 bonus, use the Contact Form to send me a request with Firstrade referral in the subject. Also check out my referral page for incentives from other brokers and banks.

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This post was written by Sun You can find out more about Sun and his activities on Facebook , or follow him on Twitter .

13 Responses to “Firstrade Referral Promotion: $50 Referral Bonus Sharing Program”

  1. john |  Sep 26, 2008 at 12:28 pm

    please send me the referal code. thank you so much

  2. Monique |  Nov 26, 2008 at 11:41 am

    Firstrade actually has a Black Friday Promo this November 28, 2008. We are giving away free ipod nanos to the first 200 people who open an account that day.

  3. Sun |  Nov 26, 2008 at 9:09 pm

    Thanks for the information, Monique. I have posted an entry about the promotion. It’s a good deal :)

  4. Alan Chang |  Jan 08, 2009 at 12:13 pm

    are they still offering this 5 free trade?

  5. Alan Chang |  Jan 08, 2009 at 12:16 pm

    I’m interested, how wil I receive the Amazon gift card?

  6. ly |  Mar 19, 2009 at 10:54 am

    please sent me the referal code for Firsttrade

  7. Rakesh |  Apr 08, 2009 at 9:32 am

    Please send me the referral..Thanks

  8. sek |  May 13, 2009 at 7:12 pm

    pls send me the referral code,thanks!

  9. d |  Sep 29, 2009 at 2:30 am

    pls send me your referral code. many thanks!

  10. GPL |  Jan 19, 2010 at 1:33 am

    Very well thought.
    Please, be so kind as to send me the code.
    Thanks.

  11. Dani |  Feb 04, 2010 at 4:04 pm

    pls send me your firstrade referral code. many thanks!

  12. Michael |  Apr 25, 2010 at 12:43 pm

    Can you please send me a referral code?
    thank you

  13. Elizabeth Lee |  May 13, 2010 at 10:05 am

    Please send referral to me to RevolutionMoneyExchange and Firstrade (put referral cash in RME instead of amazon card).

    Thank you