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Endo   United States. Mar 23 2011 19:56. Posts 953
Hey guys,

I've been involved with investing in stocks and options for the past year and I know a lot of LP are involved with investing as well as poker (as the two have a lot of overlap). I just transferred my assets to Tradeking and I wanted to let everyone know of the promotion, refer-a-friend, that's going on at TradeKing right now that's ending on March 31st. I feel is a great deal ($100 for both parties when you open an account with a $1000 minimum). Their fees are $5 per trade, which is lower than most of the other Stock brokers such as Scottrade/E-trade out there.

Details:

""Refer a friend and you both get $100."

Normally, Tradeking gives $50 to the referrer for referrals and sometimes runs special promotions where both parties get $50. This is the first time I've seen them offer $100 to both parties. Offer is valid until March 31st.

Text directly from Tradeking:

"I wanted to let you know that TradeKing is my preferred broker and,
with their improved "Refer a Friend" program, we can now get $100
bonuses in our brokerage accounts. To qualify, all you need to do
is open an account, fund with $1,000 or more within 30 days, and
make a trade within 180 days.

So why did I choose TradeKing? They have a great price, at just
$4.95 per trade, and their customer service has won awards from
SmartMoney and Kiplinger's. Their suite of powerful tools is
free and they have an innovative Trader Network, where traders
connect with one another and share their ideas and strategies.

Interested? It only takes a few minutes to open an account. The
"Refer a Friend" program is open to you too. I hope you'll join me
at TradeKing. Just click the link below to get started."

Tradeking fees per trade:
Stocks: $4.95
Options: $4.95 + $0.65 per contract
Minimum deposit: $0 (minimum deposit to qualify for this offer is $1,000)

Awards:

* Ranked #1 in customer service by Smart Money (2010).
* Smart Money award for Top Online Broker 4 years running (2004-2009).
* Awarded “Best For Options Traders” by Barrons (2009 & 2010)
* 4 Star rated by Barrons in their annual survey of the best browser based online brokers 2007-2010.

This site has gotten very good reviews from many reviewers. Their customer service is fantastic and they charge the same fees for over the phone transactions as they do for their online transactions.

http://www.tradeking.com

Stockbrokers.com review [stockbrokers.com]
Smart Money review/rankings [smartmoney.com]

Tradeking also has a up to $150 transfer fee refund that should stack with the referral promotion:

With TradeKing, you'll get an intuitive trading platform, fast trade execution, powerful charts and research, professional-caliber tools, our innovative Trader Network and much more, all for just $4.95 a trade. We'll also refund transfer fees on ALL new accounts charged by your current broker up to $150. It's just another way TradeKing is easy on your wallet. Conditions Apply*. See below for more information about this offer."

There are no inactivity fees or account management fees, and to get the bonus you just have to keep $1000 you deposited in there for 6 months and execute at least 1 trade. If you don't know someone with an account I can send you a referral, but mostly if you're looking to enter the stock market this is a great opportunity to do so! (10% free capital is pretty big!)

Cheers,
Jimmy

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