Friday, January 11, 2013

Start the New Year Off With a $100 OptionsXpress Promo Code

The OptionsXpress promo code is back and this time it is better than before. The promotional code is out just in time for the New Year and the start of tax season. This means your New Year's resolutions of finally managing your own stocks can have the added bonus of extra cash.

$100 Free When Opening an Account

Everyone likes free money and OptionsXpress is offering just that by giving you $100 when you open a new account. The qualifications are very simple. First, you need to open a new account with a minimum of $500 – this can be a transfer or a simple deposit. Next, you need to make three (3) trades within the first year. After that, you are done. Once the three trades are complete, OptionsXpress will deposit $100 into your account.

Opening an OptionsXpress Account is Easy

In most cases, you can open an OX account in a matter of minutes. The entire process is done online with no need of a fax or other special forms. Simply fill out the online forms, which do include tax information, then deposit some money into the account and you are good to go.

Since OptionsXpress has joined with Charles Schwab, deposits are easier than ever to make. A Charles Schwab bank can have an ACH transfer in as little as one day. This gives customers more immediate access to their funds and allows for quicker trading. Additionally, wired transfers will also be accepted and the fees waived for Schwab customers.

FDIC Insurance Keeps Your Money Safe

While there is never any guarantee in stocks, you can have a guarantee for your cash balance. OptionsXpress protects your money with FDIC insurance just like if your money was in a regular bank. Your cash balance is protected up to one million dollars per account holder.

Fraud is nothing to worry about either with OX because they also provide 100% fraud protection. In addition, SSL security protects your private information and SPIC insurance backs up OptionsXpress to $25 million just on the off chance it does fail while owing you money or securities.

Free Practice Accounts for Beginners

Not everyone is ready to jump feet first into the stock market game and OptionsXpress knows this. Therefore, they have set up a practice platform. It works exactly the same way the standard platform works except you are not using your money. The practice platform allows you to learn the system and use all the tools without the risk of losing any money. Once you feel comfortable with the practice platform, you can set up a live account knowing the system and start earning real money.

Free Training to Help You Learn

Even after learning the system and going through the practice account, you will want to continue to learn about stock trading. With your live account, you will receive free investor education via webinars and videos. The detailed tools are also both easy enough for a novice and yet analytical enough for expert investors.

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