Here is a pretty sweet deal being offered by the online discount brokerage TradeKing. Currently they are offering all new customers a $50 bonus when they sign up for a new online trading account! You must fund it with at least $2,500.

Not too shabby of a deal considering TradeKing currently offers the best deals on stock and option trades (just $4.95 per trade and $0.65 per option contract!).

If you have been sitting on the side lines and have been contemplating jumping back in the market, TradeKing may be your best bet when deciding on a broker.

Click here to get the $50 TradeKing bonus!

Per Trade Costs from leading online brokerages:

TradeKing: $4.95 per trade 

Scottrade: $7.95 per trade

TDAmeritrade: $10.95

E-Trade: $19.95 per trade

Free tools and features offered with TradeKing account:

• Technical Analysis – Full suite of free technical analysis tools, powered by Recognia, featuring chart pattern recognition, price forecasting and full educational support. It’s an absolute must-have for any serious investor.
• Interactive charts – See the performance of stocks, ETFs and indexes with easily customized views. Zoom from long- to short-term, add technical indicators, compare to indexes, draw trend lines, make notes and save your work. They also offer volatility charts that provide a graphical comparison of implied and historical volatility and show option trading volumes for a variety of underlying securities.
• MarketGrader’s research reports – based on strict fundamental analysis and will help you identify both undervalued stocks and companies that are outperforming expectations. By scouring over 5,500 publicly listed companies, MarketGrader makes it easy for you to identify new investment ideas and uses a quantitative approach to highlight the strengths and weaknesses of each company.
• Intuitive Options Chains - 19 different option chains, 16 of which are strategy-based. So it’s simple to find quotes, implied volatility and delta for options at any strike price. Then, select the options you want to trade right in the chain. Even complex strategies can be traded with just a few clicks of your mouse.
• Tax Manager - This cost basis and tax reporting tool processes all portfolio transactions and corporate actions, identifies wash sales, calculates proper tax lot relief, provides for pre-trade analysis for short- and long-term gain/loss opportunities and renders on demand tax reports — just to name just a few of its powerful features.
• Probability Calculator - Use historical or implied volatility to calculate the probability of success for a specific option or stock strategy with a few simple keystrokes. Before you place your trade, find out the probability of your security touching, expiring above or expiring below your target prices.
• Profit and Loss Calculator - Chart the profit and loss potential of your trades before you place them, or study the profit and loss potential of existing positions in an easily-understood line graph format. See how your profits, losses and breakeven points change as the underlying security’s price and volatility fluctuates or as expiration approaches.
• Options Calculator – Their Options Calculator makes researching a contract’s greeks and implied volatility simple. Just type in the underlying stock or index symbol and the fields in the pricing model will automatically populate, making it easy to forecast a theoretical value for the options you want to trade.
• Options Scanner and Options Probability Scanner – Their Options Scanner screens over 150,000 option contracts to help you find the optimal option to trade based on cost (or volatility), whether it’s in-, at- or out-of-the-money, expiration, liquidity and risk. The Strategy Scanner helps you find both basic and advanced strategies, ranging from covered calls and naked put strategies to more sophisticated spreads, straddles and strangles.
• Stock Screener - Find stocks to suit your strategies based on pre-defined screens, or create your own customized screens, which can be saved or fine-tuned whenever you like.

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