SpeedTrader is offering a $100 bonus to current clients who refer a new customer to open an online trading account with SpeedTrader through August 1, 2014.
If you are a current SpeedTrader customer, just refer your friends to open and fund a new SpeedTrader online stock broker account with a minimum of $25,000 and start trading.
Check out this SpeedTrader Refer A Friend Promotion to refer your friends today if you are a SpeedTrader customer.
Unfortunately, starting on July 1, 2014, SpeedTrader will no longer accept applications for or open cash accounts, and margin and option account applications will only be accepted with a minimum deposit of $15,000 for U.S. and foreign clients.
However, if you have friends that are interested in margin or option accounts, then you still may benefit from this referral offer.
Otherwise, your friends must open a SpeedTrader account before July 1st, if they would prefer to open a cash account.
SpeedTrader Referral Program Details
SpeedTrader offers a $100 bonus to current customers who refer a new client.
You will get the $100 bonus when your referral opens a new online trading account, funds it, and starts to trade.
This offer is available to existing SpeedTrader members who refer a non-SpeedTrader.com trader.
New referrals must be 18 years of age or older.
In order to qualify for the reward, your referral must open and fund a new online trading account with a minimum of $25,000 and begin trading.
The referring client must have an open funded account to receive the $100 bonus.
SpeedTrader allows you to buy, sell, or trade stock options and stocks.
The cost is $4.49 per trade with a $25,000 minimum balance and $6.95 per trade for balances under $25,000.
To avoid being charged an inactivity fee of $30 per calendar quarter, you must execute a minimum of 15 trades.
You may also be interested in the TradeKing Referral Program to earn more cash rewards for referring your friends to a new brokerage account.
Please feel free to exchange SpeedTrader referrals in the comments below this article.