Free Stock Trades & $50 Amazon Gift Card

Pancaf · 04-01-2008, 09:32 PM

I just came across a discount brokerage company that offers 10 free stock trades a month. The only catch is that you need to have $2500 in the account and as long as you maintain that balance you will get 10 free trades a month which should be plenty for most of us. It doesn't offer tons of fancy tools that a lot of the hardcore daytraders use but it's well worth it(what can be better than free lol). I just started an account there last week and so far I'm lovin' it. If you do automated investments every week/month this could easily save you at least a couple hundred dollars a year.

They also have a refer a friend program and here's the cool part. You don't have to have an open brokerage account to refer someone. All you need is a forum account and they will send you a $50 amazon gift card. If you refer someone and you have a brokerage account they credit $50 to your account. You can cheat the system by making 2 different accounts and have one(dummy forum account) refer the other account that you will use as your brokerage account.

Heres the website: www.zecco.com

Lisa23 · 04-05-2008, 12:38 PM

I've heard about this. It's a great deal. I wish I had enough money to do it. ING Shareholder is good if you need to start small. They were also having a promotion a while back. They would put $50 into your account (after about a month) if you opened an account and used promotion code SHARE50.

Best,
Lisa

volcom579 · 05-28-2008, 06:31 PM

and with the $2500 they can make some intrest off of it to pay for your gift cards and more

cindybythesea · 06-06-2008, 10:44 AM

Wait I don't understand. Do you need to have $2500 in account value or $2500 in cash in the account for it to qualify?

Pancaf · 06-08-2008, 09:08 PM

$2500 combined either cash sitting in the account + whatever you have invested.

so lets say you started with $2500 and put all your money in one stock. That first trade would be free since you had at least $2500. But lets say that stock went down 1% the next day. You would have $2475 and you wouldnt get free trades anymore until the value was brought back up to $2500 by either adding more cash or waiting for your stock to go back up

amyschiff · 06-09-2008, 04:19 AM

so it actually seems like you'd need a little more to start with as a cushion

04-01-2008, 09:32 PM	#1
Pancaf Junior Member Join Date: Apr 2008 Posts: 4 Reputation: (10)	Free Stock Trades & $50 Amazon Gift Card I just came across a discount brokerage company that offers 10 free stock trades a month. The only catch is that you need to have $2500 in the account and as long as you maintain that balance you will get 10 free trades a month which should be plenty for most of us. It doesn't offer tons of fancy tools that a lot of the hardcore daytraders use but it's well worth it(what can be better than free lol). I just started an account there last week and so far I'm lovin' it. If you do automated investments every week/month this could easily save you at least a couple hundred dollars a year. They also have a refer a friend program and here's the cool part. You don't have to have an open brokerage account to refer someone. All you need is a forum account and they will send you a $50 amazon gift card. If you refer someone and you have a brokerage account they credit $50 to your account. You can cheat the system by making 2 different accounts and have one(dummy forum account) refer the other account that you will use as your brokerage account. Heres the website: www.zecco.com

05-28-2008, 06:31 PM	#3
volcom579 Junior Member Join Date: Apr 2008 Posts: 19 Reputation: (10)	and with the $2500 they can make some intrest off of it to pay for your gift cards and more __________________ Finance / Stock Market Talk, Check us out today!Forex, Commodities, Stocks, Day Trading, Penny Stocks

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04-05-2008, 12:38 PM	#2
Lisa23 Senior Member Join Date: Feb 2008 Location: Massachusetts, USA Posts: 104 Reputation: (13)	I've heard about this. It's a great deal. I wish I had enough money to do it. ING Shareholder is good if you need to start small. They were also having a promotion a while back. They would put $50 into your account (after about a month) if you opened an account and used promotion code SHARE50. Best, Lisa

06-06-2008, 10:44 AM	#4
cindybythesea Junior Member Join Date: Jun 2008 Posts: 25 Reputation: (15)	Wait I don't understand. Do you need to have $2500 in account value or $2500 in cash in the account for it to qualify?

06-08-2008, 09:08 PM	#5
Pancaf Junior Member Join Date: Apr 2008 Posts: 4 Reputation: (10)	$2500 combined either cash sitting in the account + whatever you have invested. so lets say you started with $2500 and put all your money in one stock. That first trade would be free since you had at least $2500. But lets say that stock went down 1% the next day. You would have $2475 and you wouldnt get free trades anymore until the value was brought back up to $2500 by either adding more cash or waiting for your stock to go back up

06-09-2008, 04:19 AM	#6
amyschiff Senior Member Join Date: Feb 2008 Location: Lansing, MI Posts: 281 Reputation: (38)	so it actually seems like you'd need a little more to start with as a cushion