It’s Free Money Friday! This week’s offer is a sign up bonus for those looking for a new online brokerage. SmartMoney named TradeKing the #1 Discount Broker in 2006 & 2007 so they’re definitely worth a look.

How to Get Your $50 Sign Up Bonus

1. Visit TradeKing and open an account by 11/30/09.
2. Fund your account with at least $2,500 within 30 days of opening it.
3. Execute one trade within 180 days of opening your account.
4. Get your $50 deposited into your account.

Terms and Conditions

• One offer per household.
• U.S. Residents Only.
• You must keep your account at a minimum of $2,500 (minus trading losses) for 6 months or your bonus may be surrendered.

Benefits

Low Fees. TradeKing charges $4.95 per trade plus 65 cents per option contract. For stocks priced less than $1.00, they add $0.01 per share on the entire order.

No Account Minimum. An account minimum applies for this promotion but not for the account in general.

Free Trading Tools. TradeKing has tools like a Profit + Loss Calculator, Probability Calculator, Technical Analysis Tool, and Scanning Tools that work for your individual options and complete option strategies.

SmartMoney also touts TradeKing’s great customer service. See for yourself or check out our TradeKing review.

Written by Kate

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