TradeStation is a well-known platform for trading stocks, ETFs, options, and futures, which has recently announced a promotion that offers up to $3,500 in bonus money when you transfer funds into your TradeStation account.
While this may sound like a great opportunity, it’s important to consider the details of the offer and evaluate whether it’s a good fit for your trading needs and financial situation.
See Posts History below for more offers from TradeStation.
What’s The Offer?
The offer is simple: If you transfer funds into your TradeStation account and meet certain criteria, TradeStation will deposit bonus money on top of it. The more funds you transfer, the higher your bonus.
The promotion is only available for Entity (non-Institutional), Individual or Joint equities and futures accounts with the correct promotional code entered and funded with New Assets greater than $4,999.99.
New Assets is defined as cash or securities held at a financial institution other than TradeStation, and does not include assets transferred from an existing TradeStation account.
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What Are The Criteria?
To qualify for the promotion, you must enroll your new account (the “Account”) either by entering the promotional code TSTVAGFD on your new account application or by requesting to enroll, via telephone, with a TradeStation Representative.
You must fund the Account with New Assets within 45 calendar days of Account enrollment, and the cash reward will be determined based on Qualifying Assets in the Account as follows:
| Qualifying Assets Deposited | Your Cash Reward |
|---|---|
| $5,000 | $150 |
| $25,000 | $300 |
| $100,000 | $500 |
| $250,000 | $1,000 |
| $500,000 | $2,000 |
| $1,000,000 | $3,500 |
Qualifying Assets are defined as all New Assets deposited or transferred into the Account during the Promotional Period, reduced by any withdrawals or transfers from the Account during the 270-calendar day holding period following the last day upon which you funded your Account with New Assets during the Promotional Period.
What Are The Pros & Cons?
The main advantage of TradeStation’s promotion is the potential to earn bonus money on top of your transferred funds. This can be a significant amount, especially if you transfer a large sum. Additionally, TradeStation offers commission-free trades, real-time market depth, direct market access, and access to TradingView charts, ideas, and social media capabilities.
The platform also provides fast and reliable order execution and supports trading from desktop, mobile, and web apps.
However, there are several factors to consider before deciding whether to take advantage of the promotion. For one, the bonus money is not available immediately and requires a holding period of 270 calendar days. During this time, you may not be able to withdraw or transfer the bonus money without losing the promotion.
Moreover, the promotion is subject to several terms and conditions, such as the fact that Individual Retirement (IRA) and other tax-qualified accounts are not eligible for the offer, and that the promotion does not apply to charges associated with overnight fees, regulatory fees, or other account fees and charges, including margin interest.
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Fine Print
- Only Entity (non-Institutional), Individual or Joint equities and futures accounts with the correct promotional code entered and funded with New Assets greater than $4,999.99 are eligible for this cash offer.
- Individual Retirement (IRA) and other tax-qualified accounts are not eligible for this offer.
- To qualify, you must enroll your new account (the “Account”) either by entering the promotional code on your new account application or by requesting to enroll, via telephone, with a TradeStation Representative.
- You must fund the Account with New Assets within 45 calendar days of Account enrollment.
- New Assets is defined as cash or securities held at a financial institution other than TradeStation (assets transferred from an existing TradeStation account do not qualify).
- Your Account will not qualify for the cash offer if you withdraw or transfer assets from your Account, then redeposit them into the Account.
- New Assets will be aggregated during the 45-calendar day period following the enrollment date to determine the amount of your cash offer.
- TradeStation will calculate your eligibility to receive a cash offer by adding all New Assets deposited or transferred into the Account during the Promotional Period, reduced by any withdrawals or transfers from the Account during the 270-calendar day holding period following the last day upon which you funded your Account with New Assets during the Promotional Period (“Qualifying Assets”).
- Asset fluctuations (up or down) do not affect the calculation of Qualifying Assets.
- Your one-time cash reward will be deposited into the Account the month following the end of the 270-calendar day holding period.
- Customers who receive promotional offers from any TradeStation affiliate may be subject to IRS Form 1099-MISC reporting requirements should the total value of those items exceed $599 in a calendar year. Please consult a tax professional.
- This promotional offer does not apply to charges associated with overnight fees, regulatory fees or other account fees and charges, including margin interest, if any.
- Your account will be considered and approved or disapproved based on all relevant factors, including your financial situation and trading experience.
- Prices, fees, costs and terms are subject to change.
- This offer cannot be combined with any other offers.
- Only one offer per client on one qualifying account.
- Clients who received previous cash offers from TradeStation are ineligible.
- Additional restrictions apply.
- TradeStation reserves the right to terminate this offer or change the terms and conditions at any time.
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Bottom Line
In conclusion, the TradeStation promotion is an attractive offer for traders who are looking for a platform that offers commission-free trading, access to real-time market depth, direct market access, and integration with TradingView charts, ideas, and social media capabilities.
The offer of up to $3,500 in bonus money with a qualifying deposit is a great incentive for those looking to transfer funds into their TradeStation account.
Posts History:
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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