Scottrade Reference Code for Commission Free Trades

Online discount broker Scottrade is having a ReferALL promotion that will give a new customer referred through the program 3 commission free trades that can be used to trade equity or option with market or limit, GTC or day orders.  The free trades will be applied to the next 3 trades made online. Currently Scottrade charges $7 commission for each equity trade (an additional $1.75 for each option contract), so the value of this bonus offer is $21. The free trades will expire in 6 months if you don’t use them.

Scottrade is my first broker and I have been using it for 7 years (I also have an IRA account with them). I reviewed Scottrade briefly before and have talked about their excellent customer service and platform. Even though Scottrade is not the cheapest discount online broker, it is a solid choice if you don’t make a lot of trades (so the cost on commissions becomes small). If you can use the free trades, simply

1. Go to Scottrade.com
2. Use the promotion code KGKP0724 to open an account (a minimum of $500 is required)
3. Enjoy your commission free trades.