{"id":1951,"date":"2022-03-08T10:40:04","date_gmt":"2022-03-08T15:40:04","guid":{"rendered":"https:\/\/www.bonuscoach.com\/?p=1951"},"modified":"2023-01-06T23:40:03","modified_gmt":"2023-01-07T04:40:03","slug":"tastyworks-brokerage-bonus","status":"publish","type":"post","link":"https:\/\/www.bonuscoach.com\/investing\/tastyworks-brokerage-bonus\/","title":{"rendered":"Up to $2000 Tastyworks Bonus"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1951\" class=\"elementor elementor-1951\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-11df2a6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"11df2a6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-10de00f6\" data-id=\"10de00f6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-13b68147 uael-heading-align-left elementor-widget elementor-widget-uael-table-of-contents\" data-id=\"13b68147\" data-element_type=\"widget\" data-settings=\"{&quot;heading_bottom_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;content_between_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:0,&quot;sizes&quot;:[]},&quot;toc_icon_size&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:20,&quot;sizes&quot;:[]},&quot;toc_icon_size_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;toc_icon_size_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;heading_text_align&quot;:&quot;left&quot;,&quot;heading_bottom_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;heading_bottom_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;content_between_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;content_between_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"uael-table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"uael-toc-main-wrapper content-show\" data-headings=\"h1,h2,h3,h4,h5\" >\n\t\t\t<div class=\"uael-toc-wrapper\">\n\t\t\t\t<div class=\"uael-toc-header\">\n\t\t\t\t\t<span class=\"uael-toc-heading elementor-inline-editing\" data-elementor-setting-key=\"heading_title\" data-elementor-inline-editing-toolbar=\"basic\" >Contents<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"uael-toc-switch\" data-hideshow=\"yes\" data-is-collapsible=\"yes\">\n\t\t\t\t\t\t\t<span class=\"uael-icon fa\"><\/span>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"uael-toc-toggle-content\">\n\t\t\t\t\t<div class=\"uael-toc-content-wrapper\">\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t<ul data-toc-headings=\"headings\" class=\"uael-toc-list uael-toc-list-disc\" data-scroll=\"\" ><\/ul>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"uael-toc-empty-note\">\n\t\t\t\t\t<span>Add a header to begin generating the table of contents<\/span>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ad16e8d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ad16e8d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-68872c8\" data-id=\"68872c8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ac36f0c elementor-widget elementor-widget-text-editor\" data-id=\"ac36f0c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h4><strong>Tastyworks Brokerage\u00a0<\/strong><\/h4><p>\u00a0Tastyworks is offering up to $2,000 bonus when you open a new brokerage account and fund it with the required amount. Although it is one of the most generous sign up bonus currently being offered among all the brokers or trading accounts, the requirements is also quite high. The bonus is tiered and have different funding requirement. IRA and Trust accounts are not eligible. This is stackable with referral bonus.\u00a0<\/p><p><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.bonuscoach.com\/wp-content\/uploads\/Tastyworks-2000-Brokerage-Bonus.png\" alt=\"Tastyworks 2000 Brokerage Bonus\" width=\"1026\" height=\"353\" \/><\/p><p>Tastyworks is aimed primarily for active traders, especially options traders.<\/p><p><strong>Commissions Overview: <\/strong><\/p><ol><li>Stocks and ETFs are free to buy and sell.<\/li><li>Cryptocurrency has a commission of 1% each to buy and sell, with a cap of $10 per transaction.<\/li><li>Options on Stock &amp; ETFs costs $1 per contract to open and is free to close, with a cap of $10 per leg.<\/li><li>Options on Futures costs $1.25 per contract each to open and close.<\/li><li>Futures cost $1.25 each to buy and sell. \u00a0<\/li><\/ol><h4><strong>Tastyworks Bonus Summary<\/strong><\/h4><p>Bonus \u2013 $100 or $500 or $2000<\/p><p>Funding Requirement \u2013\u00a0 At least $5,000 (for $100 bonus) or $25,000\u00a0<span style=\"background-color: var(--ast-global-color-5); color: var(--ast-global-color-3); font-size: 1rem;\">(for $500 bonus)<\/span><span style=\"font-style: inherit; font-weight: inherit; background-color: var(--ast-global-color-5); color: var(--ast-global-color-3);\">\u00a0or $100,000\u00a0<\/span><span style=\"background-color: var(--ast-global-color-5); color: var(--ast-global-color-3); font-size: 1rem;\">(for $2,000 bonus)<\/span><\/p><p>Offer Expiry \u2013 March 31, 2023<\/p><p>Promo Code \u2013 <strong>\u201cTIERED_2023\u201d <\/strong>(Required while opening the account)<\/p><p>Inactivity Fees \u2013 None<\/p><h4><strong><a href=\"https:\/\/info.tastyworks.com\/tasty-offer\" target=\"_blank\" rel=\"noopener\">Link for the Offer<\/a><\/strong><\/h4><p><a href=\"https:\/\/info.tastyworks.com\/get200\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/www.bonuscoach.com\/wp-content\/uploads\/2022\/02\/Tastyworks-Brokerage-Awards.png\" alt=\"Tastyworks Brokerage Awards\" width=\"1508\" height=\"508\" \/><\/a><\/p><h4><strong>Tastyworks Bonus Requirements<\/strong><\/h4><ol><li>Open \u00a0a new Brokerage account within the promotional period with the promo code <strong>\u201cTIERED_2023\u201d.<\/strong><\/li><li>Fund the account with either\u00a0 at least $5,000 for $100 bonus,\u00a0 $25,000 <span style=\"background-color: var(--ast-global-color-5); color: var(--ast-global-color-3); font-size: 1rem;\">for $500 bonus<\/span><span style=\"font-style: inherit; font-weight: inherit; background-color: var(--ast-global-color-5); color: var(--ast-global-color-3);\"> or $100,000\u00a0<\/span><span style=\"background-color: var(--ast-global-color-5); color: var(--ast-global-color-3); font-size: 1rem;\">for $2,000 bonus <\/span>within 08\/31\/2022.<\/li><li>Bonus will post approximately after two week of settlements of the deposit.<\/li><li>Deposited funds should be held into the account for 12 months. Else the bonus will be debited.\u00a0<\/li><\/ol><h4><strong>Inactivity Fee | How to Avoid It?<\/strong><\/h4><ul><li>There is no inactivity fees.<\/li><\/ul><h4><a href=\"https:\/\/www.bonuscoach.com\/investing\/best-brokerage-account-bonus\/\" target=\"_blank\" rel=\"noopener\">BonusCoach&#8217;s List of Best Brokerage Bonus<\/a><\/h4><h4><strong>Early Termination Fees<\/strong><\/h4><p>There is no early termination fees. Funds withdrawn before 12 months can lead to forfeiture of sign up bonus. Trading loss does not counts towards that.<\/p><h4>Fine Print<\/h4><p><strong>THE PROMOTIONAL PERIOD<\/strong><\/p><p>The Promotion begins at 12:00am CT on 09\/12\/2022 and ends at 11:59pm CT on 03\/31\/2023 (the \u201cPromotional Period\u201d). Sponsor\u2019s computer is the official clock for the Promotion.<\/p><p><strong>PROMOTION DETAILS<\/strong><br \/>1. The Promotion is available to (1) all approved new customers (as determined by Tax ID) who fund their tastyworks account with $5,000 USD or more, and (2) existing customers who have never funded any tastyworks account prior to the start of the Promotional Period, and who fund their existing brokerage account with $5,000 USD or more (each, a \u201cQualified Account\u201d).\u00a0<\/p><p>2. In order to be eligible for this Promotion, approved new customers must include the Referral Code of \u201cTIERED_2023\u201d in the REFERRAL CODE FIELD when applying for an account, and existing customers must receive an email from Sponsor confirming they are eligible to participate in the Promotion (upon approved new customers entering the Referral Code, or existing customers funding any current account after receiving an email confirmation of eligibility, approved new customers and existing customers shall be referred to herein as a \u201cQualified Customer.\u201d)<\/p><p>3. The Promotion is not valid for customers who have any existing, funded tastyworks brokerage account prior to the start of the Promotional Period.<\/p><p>4. IRA and TRUST accounts are not eligible for the Promotion.\u00a0<\/p><p><strong>Award Details<\/strong><\/p><p>1. The Cash Bonus (\u201cCash Bonus\u201d) will be credited to a Qualified Customer\u2019s Qualified Account within two (2) weeks\u202ffrom\u202fdate of the\u202finitial deposit\u202fof at least $5,000 USD (the \u201cFunds\u201d). The Funds must be deposited as a single transaction prior to the end of the Promotional Period.\u00a0<\/p><p>2. The initially deposited funds will determine the Cash Bonus tier:\u00a0<\/p><table><tbody><tr><td width=\"313\"><p><strong>Deposited Funds<\/strong><\/p><\/td><td width=\"313\"><p><strong>Cash Bonus<\/strong><\/p><\/td><\/tr><tr><td width=\"313\"><p>$5,000 &#8211; $24,999<\/p><\/td><td width=\"313\"><p>$100<\/p><\/td><\/tr><tr><td width=\"313\"><p>$25,000 &#8211; $99,999<\/p><\/td><td width=\"313\"><p>$500<\/p><\/td><\/tr><tr><td width=\"313\"><p>$100,000 +<\/p><\/td><td width=\"313\"><p>$2,000<\/p><\/td><\/tr><\/tbody><\/table><p>3. The initial minimum funding amount of $5,000 USD or more deposited into a Qualified Customer\u2019s Qualified Account is required to remain in the Qualified Account for a minimum of twelve (12) months starting the date the Qualified Account meets the funding minimum (\u201cTwelve Month Period\u201d). The value of Cash Bonus the Qualified Customer receives will be credited to its Qualified Account upon deposit, but will be automatically debited out of the Qualified Customer\u2019s Qualified Account if the Twelve-Month Period requirement is not met. The Cash Bonus will not be included in the Qualified Account\u2019s buying power until the end of the Twelve-Month Period. Losses due to trading or market fluctuations will not be taken into account.<\/p><h4><strong>Final Thoughts<\/strong><\/h4><p>Tastyworks used to offer one of the best sign up bonuses in the past with easy requirements. However, the current bonus is a bit disappointing as they are effectively offering $100 for depositing $5,000 and holding it for 12 months.\u00a0<\/p><p>Currently there are other brokers who are offering more with less requirements or offering similar bonus for ACAT transfer. We hope Tastyworks will improve their bonus offering in the future.\u00a0<\/p><p><em>&#8220;Tastyworks recently ran a promotion where you could get $500 bonus (in cash)\u00a0 when you open a new account and fund it with $10,000. Alternatively, they were offering $200 bonus (in cash) when you open a new account and fund it with $2,000. That offer expired on February 28,\u00a0 2022. The current promotion is very similar to the recent one, except you earn the bonus as stock. However, you can easily sell the stock. It is sad that they removed the opportunity to earn $500.&#8221;<\/em><\/p><h4>Tastyworks Referral Program<\/h4><p>Besides the generous sign up bonus, Tastyworks also run a generous referral program. It is a way for Tastyworks to show you appreciation for each and every person you introduce to Tastyworks. Referral and sing up bonus are stackable. More info at <a href=\"https:\/\/tastyworks.com\/referral\/\" target=\"_blank\" rel=\"noopener\">https:\/\/tastyworks.com\/referral\/\u00a0<\/a><\/p><table width=\"0\"><tbody><tr><td width=\"162\"><p><strong>REFERRAL CREDITS<\/strong><\/p><\/td><td width=\"366\"><p><strong>REWARD ITEM<\/strong><\/p><\/td><td width=\"115\"><p><strong>MAX CASH VALUE<\/strong><\/p><\/td><\/tr><tr><td width=\"162\"><p>2 Referral Credits<\/p><\/td><td width=\"366\"><p>Google Home<\/p><\/td><td width=\"115\"><p>$150<\/p><\/td><\/tr><tr><td width=\"162\"><p>5 Referral Credits<\/p><\/td><td width=\"366\"><p>Chicago Food Package<br \/>(from TasteOfChicago.com)<\/p><\/td><td width=\"115\"><p>$500<\/p><\/td><\/tr><tr><td width=\"162\"><p>10 Referral Credits<\/p><\/td><td width=\"366\"><p>One Year of High-Speed Internet Access<\/p><\/td><td width=\"115\"><p>$1,000<\/p><\/td><\/tr><tr><td width=\"162\"><p>20 Referral Credits<\/p><\/td><td width=\"366\"><p>Trip for Two to Chicago<br \/>(airfare, hotel stay, Michelin-rated restaurant)<\/p><\/td><td width=\"115\"><p>$2,000<\/p><\/td><\/tr><tr><td width=\"162\"><p>50 Referral Credits<\/p><\/td><td width=\"366\"><p>Apple Package<br \/>(MacBook Pro, iPad, iPhone &amp; Apple Watch)<\/p><\/td><td width=\"115\"><p>$5,000<\/p><\/td><\/tr><tr><td width=\"162\"><p>750 Referral Credits<\/p><\/td><td width=\"366\"><p>Tesla Model S<\/p><\/td><td width=\"115\"><p>$50,000<\/p><\/td><\/tr><\/tbody><\/table><p>1.25<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-624fe543 e-flex e-con-boxed e-con e-parent\" data-id=\"624fe543\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-aa1184a elementor-widget elementor-widget-text-editor\" data-id=\"aa1184a\" 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up to $2,000 bonus when you open a new brokerage (trading) account with Tastyworks and fund it with required 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