If you’ve been looking for a new place to make online trades, look no further than E*Trade. From now until December 31st 2011, new account holders can earn up to a $500 cash bonus, as well as free trades for the first 60 days the account is opened. In terms of the cash bonus, the maximum amount you can receive is $500 and depending on your deposit size, your cash bonus will be in the following amounts:
In order to qualify for the bonus, you must make the deposits within 45 days of opening your new E*Trade account AND the funds must remain in your account for a minimum of six months, otherwise you could forfeit the bonus. (Terms of forfeiture are a little unclear)
The second part of the bonus deals with 60 days of free trading. To be clear, you will NOT be making free trades real time, rather you will be reimbursed for all of the trades you make during the first 60 days of opening your E*Trade account, up to 500. Additional details:
- Cash bonuses will be credited within 8 weeks
- No credit will be given for unused trades
- Only valid on E*Trade trading accounts (not E*Trade IRA’s or banking accounts)
- Account must be funded with a minimum deposit of $2,000
E*Trade certainly isn’t the cheapest broker around with trades of $9.99 and $7.99 (after you make 150 trades) however their technology and customer service has always been regarded as the best around. With a bonus offer attracting new customers who either trade frequently or in large amounts, you can see why serious online trades vote E*Trade the best year in and year out. To sign-up for this limited time offer, visit E*Trade through any link contained in this post.
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