[Expired] TradeStation: Deposit $500+ & Earn $150 Bonus

Update 2/22/24: TradeStation are saying that TSTVAFYB is expired, so marking this as expired.

Update 2/19/24: looks like code TSTVAFYB is working again for $150. Hat tip to ShawntheShawn

Update 10/22/23: Unfortunately it’s down to just $50 now when you deposit $500

Update 9/4/23: Offer is back, promo code WHLEAGFS BRAVAGDC. Updated the details and link below. (ht mangorunner)

The Offer

Direct link to offer | New link

• TradeStation is offering a bonus of $150 when you open a new account with promo code TSTVAFYB WHLEAGFS BRAVAGDC  TSTVAFYBdeposit a minimum of $500 within 30 days of account opening and maintain $500+.

You must maintain your balance and then you’ll receive two $75 payments – $75 for the first month and another $75 for the second month.

The Fine Print

• Only New Entity (non-Institutional) Individual or Joint equities and futures accounts with the correct promotional code entered and initially funded with New Assets (as defined below) of $500.00 or greater are eligible for this cash offer.
• To qualify, you must enroll by entering the promotional code on new account application or request to enroll a new account, via telephone or email, with a TradeStation Representative.
• You must initially 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. Asset fluctuations (up or down) do not affect the calculation of Qualifying Assets.
• Minimum funding of $500 must be maintained through month following account fund date for first payment and through the next month for subsequent payment.
• The cash offer will be determined based on Qualifying Assets in the Account as follows: Less than $500.00 – cash reward of $0; $500 or more – 2 cash rewards of $75 (total of $150).
• Cash reward will be paid out in monthly increments of $75. First deposit of $75 into the Account will be two months following the account fund date. Each subsequent credit will post in following month of qualification. This offer is not affiliated with TradingView and a subscription to TradingView is not required for qualification. This offer cannot be combined with any other offers. Only one offer per client on one qualifying account. Existing clients are not eligible for this offer. 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

Better than the previous $100 bonus, requirements are basically the same but it’s for $150 instead of $100 and it pays out over two months instead of five months. I feel like I’m missing something as this bonus is so much better. Looks like if you open a TS GO account there are no fees or minimum requirements, although there is a $10 trading charge if you use the desktop platform so better to use the web/mobile app. We will add this to our list of the best brokerage bonuses.

Hat tip to reader scott