Open an OptionsHouse IRA Account and Get 100 Commission Free Trades

Though it’s still almost two months away from the 2009 tax deadline, April 15, 2010, brokerage firms and mutual fund companies have already rolled out promotions to lure taxpayers to open IRA accounts with them. Among them, OptionsHouse is offering 100 commission free trades if you open an IRA account, such as Traditional, Roth, SEP, or Educational IRA, with the broker before April 15th with promotion code IRA2010 and make an initial deposit of at least $3,000. While the number of commission free trades offered in this promotion are a lot, you only have a limited time to use them. In fact, you only have 60 days to exhaust your free trades or you will lose all unused free trades left in your account after 60 days.

As you may remember OptionsHouse had a 100 commission free trades promotion last year. If you have taken advantage of the previous offer, or you have an IRA account with OptionsHouse, then you are not eligible for this promotion. OptionsHouse charges $2.95 for online stock trade. Check out my OptionsHouse review post and interview with OpttionsHouse CEO to learn more about the broker.

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