Pragmatic Finance

Normally I wouldn’t write a post to simply say that there is no promotion or sign up bonus for a particular deal. However, I have been playing around with google analytics lately. I noticed that I am getting on average a search or two a day from people who it appears are looking for info about tradeking and any promotions or sign up bonuses available.

So a little over a week ago I used their online chat to ask about promotions. They told me there are none available at this time. Gave me a line about tradeking looking to attract customers with their superior product and customer service. I bet the csr has that phrase ready to cut and paste I even asked about a promotional code, bluebird, which was supposed to last until July 15th but he said it had already expired. He also didn’t know of any plans to have another promotion in the future.

I took advantage of a promotion there earlier this year, I think in April. It was fairly easy, deposit $1000 and get a signup bonus of $100 when you made a trade. Only requirement was that you keep $100 in equity in your account for 6 months. So easiest way to do it was to purchase a stock or etf and pull your money out minus enough to keep you over 100 of value in your account even if your stock tanks. It was really simple. Seems to smartest thing would be to purchase about $130 or so of a stock or etf. They have had other deals too, some with values of $50.

Overall the account seems pretty good. I don’t like the site as much as say Ameritrade or Scottrade and I have heard that it can be slow. Still, they have market and limit orders for $4.95 so it could be a decent account for someone that wanted to get their feet wet and keep trading costs low. There are other options out there, though, so it would probably be a good idea just to wait until another promotion if it interests you.

I’ll try to update when/if I hear about another promotion. This one was one of the simplier signup bonuses I did this year.