Open a new Kapitall brokerage account and get up to a $200 bonus when you invest as little as $50, available through August 31, 2014.
Updated 5/7/2014: Kapitall now offers 2-for-1 trades during special Happy Hour promotions that they only announce on Twitter.
You’ll get a $50 bonus for funding from $50 to $999, a $100 bonus for funding from $1,000 to $4,999, and a $200 bonus for funding $5,000 or more.
The cash bonus will be credited to your brokerage account within 2 business days of account funding and cannot be withdrawn from the brokerage account until a trade has been placed and 180 calendar days have lapsed.
It’s free to open a Kapitall investing account, and there are no account maintenance fees or minimum balance requirements to avoid any fees.
Kapitall Happy Hour Offers 2-for-1 Trades
Kapitall has now introduced special Happy Hour promotions where they offer 2-for-1 trades for only 1 hour during special times that they only announce on Twitter.
You can visit the Kapitall Happy Hour Promotion to take advantage of these special 2-for-1 trading deals when they are available (even if it says “Happy Hour is Over,” you should still log in to your account, because Happy Hour may be going on anyways).
However, they only announce the specific Happy Hour times on the Kapitall Twitter Page, so you’ll have to follow them on Twitter to get the latest times.
The Happy Hour 2-for-1 trade offer provides you with 1 commission free trade when you pay a commission for the first trade.
This is only valid when you place a commission based trade during the time frame described in that days’ Twitter message.
The commission free trade must be placed within the prescribed time frame, or it will expire.
Orders that are placed during the time frame described, but executing outside of the time frame, will still be eligible for the free trade offer.
Orders that are cancelled and replaced outside of the event time frame will not be eligible for free trade offer.
This offer is applicable only to orders of exchange-listed equity securities and ETFs.
Free trade execution offers are non-transferable.
This offer is not valid for: non-U.S. residents, IRAs, business, trust or margin accounts, to the extent they’re ever offered by Kapitall Generation, LLC; and any account closed and reopened under the same registration and/or social security number.
How I Received My $100 Bonus for Opening Kapitall Account
I opened a Kapitall account to take advantage of this promotion and see how their platform works.
Once you click Join Now on the Kapitall website, you must provide your name, password, and email address, and then they send you a confirmation email.
You click on the email link and confirm your password, and then you are redirected to the application page, which should clearly show the $200 bonus offer.
The application is pretty basic and takes about 2 minutes to complete, and I received an email indicating that my account had been approved almost immediately after completing the application.
They then take you step-by-step through your account set-up, connecting a bank account, and transferring your initial funding.
For those looking to fund more than $5,000 in a single day, it’s important to note that Kapitall Generation can only accept deposits that are submitted from within their website for up to $5,000 per day, so if you want to deposit more than $5,000, you’ll have to set up Kapitall Generation as an external account with your bank and submit the transfer from your bank’s website.
That’s important if you want to deposit $10,000 or more to qualify for the entire $200 bonus (update: as of May 1, 2014, the deposit requirement for the $200 bonus has been reduced to $5,000), but otherwise you can just deposit $50 for a $50 bonus or deposit $1,000 for a $100 bonus.
I personally deposited $1,000 to get the $100 bonus, as I didn’t want to tie-up the entire $10,000, and the $50 bonus didn’t seem like enough for the hassle, although if you just want to test out Kapitall, a $50 bonus on a $50 deposit is not a bad way to go.
After you complete your initial deposit, you’ll have to wait for a couple of days before the transfer goes through.
My initial deposit was credited to my Kapitall account on March 17th, and the $100 bonus was deposited on March 19th, so it took only 2 days like their terms indicated.
Once your bonus is credited, you should see a special pop-up message when you log in to your account that indicates you earned your reward with your successful first deposit.
I’ll now need to maintain my balance for at least 180 days and complete 1 trade before I can withdraw the bonus funds, but I don’t see any issues with that at this point.
If you’ve opened a Kapitall account to qualify for this bonus, please feel free to share your experiences in the below comments.
Founded in 2008 by video game entrepreneur Gaspard de Dreuzy and financial technologist Serge Kreiker, Kapitall integrates the gaming experience with online trading.
Jarrett Lilien, former ETRADE President and COO, joined the team as CEO in 2012, further establishing Kapitall as a leading investing platform.
Kapitall provides an intuitive and playful user experience where you can learn about the market, research stocks and funds, share investing ideas, and build virtual and real brokerage portfolios.
Interacting with company stocks via Kapitall is as easy as drag, drop, and trade.
Kapitall up to $200 Account Bonus
Just visit this Kapitall $200 Bonus Link to open your new investing account today.
You’ll earn up to $200 in bonus cash and 2,000 Koins when you open a new Kapitall account.
The cash credit offer is valid for new customers who open and are approved for a Kapitall Generation brokerage account and fund the account with the required amount as stated below by August 31, 2014.
Fund $50 – $999: Receive $50 cash credit into brokerage account and 500 Kapitall Koins.
Fund $1,000 – $4,999: Receive $100 cash credit into brokerage account and 1,000 Kapitall Koins.
Fund $5,000 or more: Receive $200 cash credit into brokerage account and 2,000 Kapitall Koins.
They do require a 180-day minimum holding period for the initial deposit and 1 minimum trade before you can withdraw the bonus funds.
If you withdraw your initial funding or do not place a trade within 180 days, then they may remove the bonus credit from your account.
Review these additional Kapitall Promotional Details for more information about the requirements of this offer.
The bonus Kapitall Koins that you receive can be redeemed toward rewards in the Kapitall store, and 2,000 Koins are worth 1 free trade ($7.95 value).
This offer is not valid for IRAs and other retirement, business, or trust accounts.
Kapitall employees and non-U.S. residents are not eligible.
Kapitall Brokerage Fees
There is no minimum deposit required to open or maintain an online trading account with Kapitall.
There are no account inactivity fees and no account maintenance fees.
Kapitall Generation offers a standard rate of $7.95 per trade.
An order executed in multiple transactions on the same day will be charged 1 commission.
An order executed in multiple transactions over multiple days will be charged a separate commission for each day.
Separate orders executed on the same day for the same security are subject to separate commission charges.
Kapitall Fee Schedule as of March 13, 2014:
- Commission (online) – $7.95
- Account inactivity fee – $0
- Account maintenance fee – $0
- ACH transfer in – $0
- ACH transfer out – $0
- Returned ACH – $35
- Incoming wire transfer – $0
- Outgoing wire transfer – $30
- Returned wires – $30
- Check request – $20
- Returned checks – $35
- ACAT transfer in – $0
- ACAT transfer out – $50
- Stock certificate deposit processing fee (per certificate) – $80
- Stock certificate delivery fee – $80
- Paper confirmations and statements – $5
- Paper statements or any electronic statements requested that are older than 2 yrs – $5
- Tax document requests by fax and regular mail – $5
- Voluntary reorganization – $30
- Outgoing transfer – $50
- UNCOL/INSF FUNDS check – $35
- Overnight check delivery – $25
- Overnight check/Saturday delivery – $30
- Mandatory reorganization – $0
- Accommodation transfer and ship – $80
- Foreign settlement fee – $75
- Confirm paper fee – $5
- Statement paper fee – $5
- Rep-assisted trades (trade placed by phone) – $30
You may also be interested in this Motif Investing Account Promotion if you are interested in alternative investment platforms.
Get up to $200 when you open a Kapitall brokerage account today.