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
TSTVAFYBWHLEAGFS BRAVAGDCTSTVAFYBdeposit 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
View Comments (802)
Is there any benefit to keeping this account after the bonus is received? It is a little annoying that there is an inactivity fee.
I had to email customer service for it, but they honored the bonus without any issue.
$150 bonus was paid out about a week after I emailed them to get the bonus paid out manually
Side note - this is my least favorite brokerage website I've ever seen. So clumsy and difficult to navigate, can't imagine actually using this day-to-day.
100% agree. Worst trading website ever!
Regarding the "expired" TSTVAFYB promo code/bonus...
When my bonus didn't post,. I was nervous about contacting TradeStation. Even after a few years in the game, I still feel naughty when I have to talk to a CSR in situations where it's so obvious I'm bonus chasing. This is stupid, but I'm sure some of you can relate.
Anyways, I couldn't believe how easy it was! Here's a recent transcript of my Chat dialogue with them via their website [edited for anonymity].
Representative Matt: Hello, how may I assist you?
You: Hi Matt! I opened an account in February at which time there was an offer for promo code TSTVAFYB. Can you please check to see if that offer is applied to my account? I've maintained the required balance.
Representative Matt: That was an expired promotion that was posted to a third party promotion website that we do not support. We are honoring the promotions on a case by case basis. Can I have your name and the last four digits of your SSN to see if you qualify?
You: Okay cool thanks. My information is: ##############
Representative Matt: I have credited the $150. it will be posted in 7-10 business days
You: Sick, thanks Matt!
Representative Matt: Thank you for chatting. Good-bye.
"Representative Matt at 10:52, Jun 4:
We informed you it would be 7-10 business days, so the complain would be invalid. We were courteous enough to honor an expired promotion. Please be patient"
It's been way past 7-10 business days.
Had to call in a couple times to get them to honor the bonus. It was escalated to a manager, and then a few days later, called in again, and was told it was going to post in 7 business days. Checked back a couple weeks later and the $150 had posted.
I'm withdrawing everything now and going to close immediately after. Definitely a messy experience and a terrible website.
Any one received Bonus for depositing $500 with Trade Station?
@guest_1851671 Yes after chatting to confirm the promo code was applied. It wasn’t but the Cs agent got approval to add the code. I was told to contact them at the 60 day mark for payout of the $150. I chatted again at day 90 and they paid overnight.
Chatted with an agent today who said they applied the promotional credit to my account and I would see it in 7-10 business days. Will update when it posts.
DP:
Opened the acct 2/17/24 with all promo codes. I didn’t ever contact CS until 5/18/24 with the below email and the below response today:
Email to them:
Hello, I'm trying to find out if the promo code "TSTVAFYB" was applied to my account correctly. I entered this and ensured it was attached when I applied and have screenshot proof to provide doing so. I'm supposed to receive a credit of $150 for opening and maintaining a minimum balance of $500. See below screenshot of the promo https://web.archive.org/web/20240216042708/https://www.tradestation.com/promo/-tradingview/ Please Let me know, thank you!
Email from them:
Hi xxxxxxxxx,
Thank you for your email. A $150 promo payment has been approved for your account. Please allow 7 to 10 business days for the credit to be reflected in your TradeStation account balance.
For further inquiry into this matter, please reply to this email or contact us by phone or live chat.
Sincerely,
Xxxxxxxxxx
I didn’t provide any proof ( didn’t have any I lied) accept the web archive I got from another comment in this thread.
Saw your DP and emailed them as well. Their email is ClientExperience@tradestation.com. I used the web archive and reminded them of a conversation I had with a rep a few weeks ago and I was reaching out again as instructed. Received a response stating they would pay out in 7 to 10 business days.
Update: received $150.00 Credit 5/22 and initiated withdraw of all funds to Ally. Will close TS account online once received.
Same deal here. Received $150.00 today, 5/22
Opened account 2/19/2024. I did the TSTVAFYB promo, bonus never posted. I called CSR and they said it expired in 2023 so they wont issue promo.
Made a CFPB complaint.
@guest_1842024 I am in the same boat. Applied 2/20, no bonus applied. However, I just called in and they said they'd escalate this to a manual credit, since I had added the code to my application (even though they claim it was denied). Should hear back in a couple days, will let you know what comes of it.
Maybe they've been getting plenty of CFPB complaints and are changing their tune ;)
Positive DP. Got an email from trade station today stating they will be issuing the $150 bonus as an exception. So its definitely possible, if they deny just keep pushing for it.