Thursday, April 23, 2009

Citibank trade for free and rebates

I just would like to share another promotion in case some of you who might not be aware of. Citibank has come out with another brokerage promotion to spur trading activities on their platform. For those who don’t have a trading account with them yet, I think it is a good time to open one and enjoy your first free trade with them.

Subsequently, new account or existing account holders will get to enjoy $30 rebates for every three successful trades executed. That is effectively $10 rebates for every one trade. The rebates may be less than half of the minimum commission but still every dollar counts especially during times like now.

Investors should seek more opportunities like this brokerage promotion to gain as much rebates as possible. As an investor and in my opinion, features of a platform are secondary considerations. Cost should be the primary concern.

Just take note that there is no contra at Citibank platform. As such you need to transfer your money first into the Citibank trading account before doing your purchase. Click the link to read more about the Citibank Trade for free and rebates promotion.

Thanks to cukcuk for highlighting this promotion


Anonymous said...

Is the custody of Citi also CDP?

Mike Dirnt said...

yes you can link to CDP