TradeUP Referral Code (May 2022): $100 Signup Bonus And A Free Stock

February 26, 2022
Blog

TradeUP is an online broker that offers commission-free trading for stocks, bonds, and ETFs. It has no minimum fees and there’s no minimum investment, and it offers all their users real-time market updates and a $200 rebate on transfer fees, so if you’re moving in from another broker you don’t have to worry about transfer fees.

TradeUP has a referral program in place to benefit its clients: by using the referral link (or our referral code YOREOYSTER) you will receive a free stock and a sign-up bonus ranging from $50 to $100, depending on your initial deposit. After depositing, you will also receive your own referral code, which you can use to invite friends and earn from $50 to $100 for each.

How To Use Your TradeUP Promo/Referral Code

TradeUP has a referral program for new traders. When you sign up with TradeUP using our referral link (or our referral code YOREOYSTER), you will receive a cash coupon bonus ranging from $50 to $100, depending on your first deposit. If you deposit $1,000 you will receive a $50 cash coupon and if you deposit $10,000 you will receive a $100 cash coupon. You will also receive a free share valued between $3-$20 just by signing up.

To use the promo code:

  • Visit TradeUP’s page. Click on the Get Started button. 
  • Enter your email. (important: this is where you use the invite code YOREOYSTER. You won’t be able to use it after you finish the sign-up process.)
  • Fill in some of your basic information.
  • Select your account type.
  • Verify your phone number.

What Is TradeUP?

TradeUP is a major global player as far as brokerages go, and it’s recently upgraded its referral program to attract more clients. Founded in 2019 and based in San Francisco, California, TradeUP is an investing app that offers easy access to equities such as stocks, bonds, and ETFs – and options. Currently, it doesn’t support crypto.

TradeUP Features

Some of TradeUP’s best features include:

  • Commission-free trading and no account minimums.
  • Easy-to-use investing platform.
  • Real-time market updates.
  • If you’re moving in from another broker, TradeUP will cover the transfer fees for up to $200.

TradeUP Fees

As with most online brokers, TradeUp offers no-fee trading for stocks and ETFs. There’s a small commission for options contracts of $0.65 per contract with a minimum of $1 per order.

How To Sign Up With TradeUP

#1 Visit TradeUP’s page. Click on the Get Started button. 

#2 Enter your email. (important: this is where you use the invite code YOREOYSTER. You won’t be able to use it after you finish the sign-up process.)

#3 Fill in some of your basic information.

#4 Fill in some information about your current employment status.

#5 Select your account type.

#6 Verify your phone number.

TradeUP’s Referral Program

After creating your TradeUP account and signing up with our link you will receive your referral link. You can find your referral link by navigating to your profile and clicking Referral. After you receive your referral code, you can:

  • Share your code via text, email, or with your social media audience.
  • Once a referee signs up and funds their account both of you will receive the bonus, which ranges from $50 to $100, depending on their first deposit. 
  • There’s no limit to how many people you can invite.

Is TradeUP Safe & Legit?

TradeUP is regulated by the SEC and is partnered with Marsco Investment Corporation (MIC), a member of FINRA and also regulated by the SEC. It is also FDIC insured, so your assets are insured up to $250,000. 

Introducing Wealthsimple Trade: Canada’s #1 Online Broker

I recently broke down 8 of Canada’s most popular online brokers, and Wealthsimple Trade came out ahead of everyone else. It scored so well because it excels on what I believe are the three most important factors when choosing a broker: fees, investing tools, and security.

Here’s how Wealthsimple performs in each of those areas, and why I believe it’s the best broker in Canada.

#1 Lowest Fees In The Industry

There are no costs for purchasing or selling equities and ETFs. There’s a $0 charge when you open or shut your account, withdraw funds, receive electronic statements, or have inactive accounts. A $20 fee is charged if you want a paper account statement.

The only fee you will ever pay is a conversion fee + 1.50%, only if you trade with USD. Compared to other brokerages, it’s quite cheap, considering most are charging more than 2%.

#2 Research And Investing Tools

Wealthsimple offers a premium service that gives access to real-time market data, and you can deposit up to $1,000 instantly. There’s also a Wealthsimple Trade Premium service that costs $3 per month.

They’re planning on launching an improvement called Wealthsimple Trade Plus. The service will offer unlimited price alerts, access to USD accounts, and more, all of this for a monthly payment.

#3 Bank-Level Security

Wealthsimple Trade is a member of Canada’s Investment Industry Regulatory Organization (IIROC) and the Canadian Investor Protection Fund (CIPF). That membership means that there’s a protection against insolvency to a maximum of $1,000,000.

Conclusion

TradeUP is an online broker that offers commission-free trading for stocks, bonds, and ETFs. It has no minimum fees and there’s no minimum investment, and it offers all their users real-time market updates and a $200 rebate on transfer fees, so if you’re moving in from another broker you don’t have to worry about transfer fees.

TradeUP has a referral program in place to benefit its clients: by using the referral link you will receive a free stock and a sign-up bonus ranging from $50 to $100, depending on your initial deposit. After depositing, you will also receive your own referral code, which you can use to invite friends and earn from $50 to $100 for each.

Before You Go

Here are the best sign-up bonuses available right now. If you’re planning to sign up for any of these services, we recommend you take advantage of these bonuses:

Crypto Exchange Signup Bonuses:

Crypto Hardware Wallets:

Online Bank Referral Bonuses:

Online Broker Sign up Bonuses:

Robo Advisor Sign up Bonuses:

Other Everyday Bonuses:

The Best Crypto Exchanges In Canada

Best Overall

Supports: 16 cryptocurrencies
Security: 95% cold storage
Trading fees: 0.2%

$50 bonus ends May 19.

★★★★★

Rated 4.9/5

Lowest Fees

Supports: 17 cryptocurrencies
Security: 95% cold storage
Trading fees: 0.1% - 0.2%

Free account, instant verification

★★★★★

Rated 4.8/5

Best For Altcoins

Spreads: ~0.5%
Security: 95% cold storage
Signup bonus: $30

Low spreads, great platform.

★★★★

Rated 4.5/5