TradeStation $50-$5,000 Brokerage Bonus ($5,000-$5,000,000 In Qualifying Assets Required)

Update 12/30/20: Holding period is now 270 days instead of 180.

Update 7/28/20: Some of the bonuses have been increased and some new levels added as well. Hat tip to reader SamL

Contents

1 The Offer
2 The Fine Print
3 Our Verdict

The Offer

Direct link to offer

Brokerage TradeStation is offering a bonus of $100-$2,500 when you transfer qualifying assets into your account. New customers need to use the promo code CASHAFRV. Account must be funded with the qualifying assets within 45 days of enrolling in the promotion. Qualifying assets must be maintained for 270 days. The bonus you receive is split into the following tiers:
- $50 bonus with $5,000 in qualifying assets
- $200 bonus with $25,000 in qualifying assets
- $300 bonus with $100,000 in qualifying assets
- $600 bonus with $200,000 in qualifying assets
- $1,200 bonus with $500,000 in qualifying assets
- $2,500 bonus with $1,000,000 in qualifying assets
- $3,500 bonus with $2,000,000 in qualifying assets
- $5,000 bonus with $5,000,000 in qualifying assets

The Fine Print

Only Entity (non-Institutional), IRAs, Individual or Joint equities and futures accounts with the correct promotional code entered and funded with New Assets (as defined below) greater than $24,999.99 are eligible for this cash offer. To qualify, you must enroll your existing or new account (the “Account”) either by entering the promotional code on your new account application, requesting to enroll, via telephone, with a TradeStation Representative or by completing the enrollment form. 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. The cash offer will be determined based on Qualifying Assets in the Account as follows: Less than $25,000 – cash reward of $0; $25,000 – $49,999 – cash reward of $100; $50,000 – $99,999 – cash reward of $150; $100,000 – $199,999 – cash reward of $250; $200,000 – $499,999 – cash reward of $600; $500,000 – $999,999 – cash reward of $1,200; $1,000,000 or more – cash reward of $2,500.
Your one-time cash reward will be deposited into the Account the month following the end of the 180-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. Additional restrictions apply. TradeStation reserves the right to terminate this offer or change the terms and conditions at any time.

Our Verdict

Looks like this will work for new & existing customers, I’m not sure if people that signed up for the recent $100 deal will be eligible or not. This is much more a traditional brokerage offer than that bonus as that bonus only required $500 to be deposited – sadly that is no longer available.

Post history; previous bonuses were as follows: