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Tastytrade Referral Code (2024)
Tastytrade referral bonus. November 2024 Tastytrade referral code (SFEEQVB7CV)
to recommend a family member or a friend to open a new account.
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Tastytrade Referral Code
Visit Tastytrade Website
Tastytrade Referral Program
Tastytrade's referral program offers a $250 bonus for each referral. This program can be a great way to grow your account, but it’s helpful to understand the details before getting started.
Here’s how it works.
Key Takeaways
• The Tastytrade Referral Program gives
a $250 bonus for each successful referral, with a yearly limit of $3,000.
• To qualify, the referred person must open a Tastytrade account, fund it with at least $5,000 within 60 days, and keep that balance for six months.
• Tastytrade also offers new customers a welcome bonus to encourage joining.
The Referral Program at Tastytrade
As mentioned, Tastytrade’s referral bonus is quite generous and is a good way to earn for helping Tastytrade grow its customer base.
For each new customer you refer, Tastytrade will give you $250, up to a yearly limit of $3,000. Referrals need to meet a few requirements to activate the bonus, but the deadlines and deposit amounts are reasonable, considering the bonus size.
It’s worth noting that the Tastytrade referral program is intended to attract customers who can fund an account with a larger amount. To support new traders, Tastytrade also offers a welcome bonus that can give a new account a good start (details further along).
Here are some essential details about Tastytrade’s referral bonus.
Tastytrade Referral Program Requirements
The requirements to receive a referral payout at Tastytrade are a bit higher than at some other brokers, as they are looking for serious investors.
To qualify, referrals must be new to Tastytrade and use the referrer’s link to sign up. The new account must be funded with at least $5,000 within the first 90 days. The deposited amount also needs to stay in the account for six months.
Other requirements are that referrals must live in the U.S. and be at least 18 years old.
Generating a Tastytrade Referral Link
When you’re ready to refer people to Tastytrade, all you need to do is generate a referral link and share it.
To find the link generator, go to ‘My Account’ and scroll to the bottom of the page. Under the trading platform download links, there’s a button labeled “Generate Your Referral Link.”
Tastytrade Bonus Payout
It’s important to understand how the referral bonus payout works.
Once the referred person makes the required deposit, you’ll get the referral credit within a few days. The cash bonus will be added to your brokerage account about a month later.
The bonus cannot be withdrawn for six months after it’s credited, but it is immediately available for trading.
For brokerage accounts, the bonus is credited directly. For IRA accounts, a check is issued for the bonus.
$5,000 Welcome Bonus at Tastytrade
The referral bonus rewards the referrer, but Tastytrade also has another bonus to help new customers. The Tastytrade welcome bonus adds funds to new accounts, with bonus amounts ranging from $50 to $4,000. The amount is based on the initial deposit (not deposits over time).
Updated on 11/1/2024.
I work in investment analytics and have been investing in the market since I was in high school. I enjoy anything that involves lots of strategy (i.e. a good game of chess), which is why I was naturally drawn to investing and researching companies. Outside of investing, I’m a big fan of the outdoors. In summer, you’re most likely to find me kayaking, camping, and hiking in the mountains.
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