OptionsHouse Trade Free for 90 Days Offer– Open an OptionsHouse account with a minimum of $5,000 deposit within 30 days of account opening using promotion code 90FREE to receive 90 days of free trading(150 commission-free trades for stock or option trades maximum). You will not receive cash compensation for any unused free trade commissions. Apply Now—OptionsHouse Review
OptionsHouse is now offering a free Amazon Kindle Fire for opening a new account with $10,000 and make 15 trades within 90 days of funding. Make sure to use promotion code FIRE to get this awesome offer. According to the terms, you must keep the $10k there for 180 days after original funding date. The promotion ends on December 31, 2012.
How to qualify for the free Kindle Fire:
- Sign up to OptionsHouse with offer code Fire
- Make $10K deposit and keep it there for at least 180 days
- Make 15 trades within 90 days of funding
From the website:
(1) The free Kindle Fire promotion applies only to newly funded OptionsHouse customers who initially fund their account within 60 days of completing the application. To be eligible for the Kindle Fire, you must satisfy both of the following requirements: (1) Fund a new OptionsHouse account with a minimum of $10,000 for a cash or margin account using promo code FIRE; (2) Make 15 commissionable trades within 90 days after funding your new OptionsHouse account. Note: Commission-free trades do not qualify toward the 15 trades. Fulfillment of the free Kindle Fire will occur within 30 days once both requirements are fully satisfied. Limit one promotional item per household please.
You can read my full OptionsHouse review here. Quick summary: Trades are only $3.95 per trade and is the cheapest of all brokerage accounts. Since Kindle Fire is worth $199 minus $60(15 trades), you are making $140 from the $10K investments for 6 months. If you are in the market for a new brokerage account, this is a pretty good deal! Sign up today before it’s too late!
This sounds like a good deal, but do you know how long the $10k has to stay in the account?
For example, if I put $10k in it and then do a trade, my balance will drop below $10 because of the fee. So, do I need to put in money to cover the fee and possible losses.