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TradeStation: $50 to $5,000 cash bonus for new clients

$50 to $5,000 bonus

· PerkSensei Desk

Open a new TradeStation account with promo code BDEVAGFG and fund it with new assets within 45 days. The bonus is tiered from $50 ($500) to $5,000 ($2,000,000).

Is this deal useful?
Deposit
$500+ in new assets within 45 days
Keep it for
270 days after last qualifying deposit
Bonus
$50 to $5,000 by tier
Who
New TradeStation clients only
Payout
Month after 270-day hold ends

How to get it

  1. Open a new Individual, Joint or Entity (non-institutional) TradeStation equities or futures account and enter promo code BDEVAGFG.
  2. Fund it with new assets (from outside TradeStation) within 45 calendar days of enrollment.
  3. Tiers shown on the page
    DepositBonus
    $500$50
    $25,000$250
    $100,000$400
    $200,000$800
    $1,000,000$3,000
    $2,000,000$5,000
  4. Keep the funds through the 270-calendar-day holding period, which begins after your last qualifying deposit.
  5. TradeStation deposits the cash bonus the month after the holding period ends.

What it means for churners

  • The 270-day hold is shorter than the one-year holds at E*TRADE and Schwab, but the $500 to $25,000 tiers pay little.

Fine print

  • IRAs and other tax-qualified accounts are not eligible.
  • New clients only. Can't be combined with other TradeStation offers. Transfers from existing TradeStation accounts don't count as new assets.
  • Withdrawing or transferring funds during the holding period may affect your reward amount. The page doesn't say exactly how.
  • The page lists each tier by a single funding amount, not a range, and doesn't say whether the tier is set by net or gross deposits.
  • No public end date stated. The page says terms may vary and points to its disclosures.
  • This is TradeStation's own 'Business Development' landing page; the same code is promoted by several partner sites.

Source

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