Hey all. I noticed that TradeKing is presently running a special promotion through affiliates (of which I am one) that I thought looked pretty good, so I wanted to share. Basically if you sign up for a new account and make a trade, you get a $50 bonus!

Here are the TradeKing Promotion details:

• Sign up for a new Tradeking account by November 30 via clicking the link below (this special is only offered through affiliates).
• Deposit $2,500 into your TradeKing account
• Make one trade on TradeKing
• $50 bonus then gets deposited into your TradeKing account

My Thoughts on TradeKing vs. Other Discount Brokers

It sounds like a very good deal, especially considering that TradeKing trades only cost $4.95 per trade, just slightly more than Zecco’s $4.50 per trade. So, in this promotion, you basically spend $4.95 and get $50 free. I am not a TradeKing customer myself, but I have heard some very good things about their service. They were rated #1 in customer service by Kiplinger for online brokers last November and have been voted the #1 discount broker by SmartMoney as well. Also, in looking at their sites, it looks like they don’t charge anything for account inactivity like a lot of brokers do.

{Update: This promotion has ended, but you can still }

TradeKing Discussion:

• If you have used TradeKing, what was your experience like?
• What is your favorite discount broker?