TradeZero referral code “IITW”: Get a bonus when you sign up

TradeZero promo code & bonus summary

What is the TradeZero promo code program?

TradeZero runs a welcome offer for new customers who sign up with the Investing in the Web promo code IITW. If you enter the code during registration and fund the account with a qualifying deposit, you get region-specific rewards such as free platform access and a cash credit on your deposit.

TradeZero Holding Corp. serves clients through several regulated broker dealers. The IITW offer covers three of them:

• TradeZero America, Inc.: for US residents. Registered with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
• TradeZero Canada Securities ULC: for Canadian residents. A member of the Canadian Investment Regulatory Organization (CIRO) and the Canadian Investor Protection Fund (CIPF).
• TradeZero, Inc. (TradeZero International): for most other countries. Registered with the Securities Commission of The Bahamas.

The group also includes TradeZero Europe B.V., authorised by the Dutch Authority for the Financial Markets (AFM). The IITW terms do not cover TradeZero Europe, so check the landing page for your country before you sign up.

How to use the TradeZero promo code

Follow these steps to activate your TradeZero bonus with promo code IITW:

1. Open the sign-up page for your region: International, USA or Canada.
2. Click “Claim Your Bonus” or “Sign Up” and start the registration.
3. Fill in your personal details and choose your account type.
4. Make sure promo code IITW is entered in the promo code field. The code must be applied when the account is opened.
5. Complete identity verification, also known as KYC (know your customer).
6. Fund the account with a single cash deposit that meets the minimum for your offer.
7. Keep your balance at or above that deposit until the holding period ends, and the deposit credit is paid into your account.

TradeZero bonus conditions

The main rules in TradeZero’s promotion terms are:

1. New customers only: you cannot have, or have had in the last 6 months, a TradeZero account.
2. Code at sign-up: the IITW code must be applied when you open the account.
3. Single initial deposit: the qualifying amount must arrive in one deposit of immediately available funds. At TradeZero International, ACAT (Automated Customer Account Transfer) transfers of securities do not count and several deposits cannot be combined.
4. Keep the money in: a withdrawal within 90 days that takes your balance below the qualifying deposit can cancel the bonus. At TradeZero Canada, the deposit credit can be cancelled for a withdrawal like this within 180 days.
5. Excluded people: employees and agents of banks, broker dealers, financial advisors and securities exchanges, plus TradeZero staff, cannot take part.
6. Offer can change: TradeZero can change or end the promotion at any time without notice.
7. Taxes: you are responsible for any tax on the bonus, and TradeZero may withhold or report it where the law requires.

Where is TradeZero available?

TradeZero routes you to a broker dealer based on your country of residence:

• TradeZero America: US residents (USA offer page).
• TradeZero Canada: Canadian citizens, permanent residents and legal residents with a SIN (Social Insurance Number) (Canada offer page).
• TradeZero International: residents of most other countries, except the US, Canada and the Bahamas (International offer page).

The promo code IITW works with all three, but the rewards, caps and holding periods differ, as shown below. Availability also depends on local rules, so the offer is not open where TradeZero is not authorised to do business.

TradeZero offers by broker dealer (full breakdown)

Fine print by offer

• ZeroPro discount: the platform fee is charged and then refunded on your monthly statement. It does not cover market data add-ons such as OTC Markets Level 1 ($5 a month) or Level 2 ($15 a month).
• Locate discount (International): the 5% applies to locate and pre-borrow charges on hard-to-borrow stocks. It does not cover overnight borrow fees, margin interest or regulatory fees, and it cannot be combined with the Platinum locate discount.
• Commission-free trading (International, $2,500+): it does not apply to stocks under $1, trades placed between 4 AM and 7 AM ET or odd lots (orders under 100 shares).

How much is the TradeZero bonus worth?

The deposit credit is a percentage of your first deposit, so a bigger deposit means a bigger credit until you reach the cap. You would hit the $5,000 cap with a $500,000 deposit at 1%, and the Canadian $2,000 cap with a $100,000 deposit at 2%.

The free ZeroPro period is worth up to $59 a month, or up to about $177 over three months, if you would otherwise pay for the platform.

TradeZero fees to know after the bonus

TradeZero says it offers commission-free trading, but some trades still pay commissions. On its US and Canadian pricing pages, commissions apply to:

• Trades placed before 7 AM ET.
• OTC (over-the-counter) stocks.
• Stocks priced under $1.

At TradeZero Canada, these trades cost $0.005 USD per share with a $0.49 USD minimum, and orders under 100 shares pay a $0.49 USD flat fee. Short sellers also pay locate and borrow fees, and other platform, data and account fees may apply. Check the TradeZero pricing page for your entity before you trade.

Risks of trading with TradeZero

TradeZero is aimed at active traders, and its core features carry high risk:

• Short selling: a short position can lead to unlimited losses if the stock rises.
• Margin: trading on margin is meant for experienced investors, and you can lose more than you deposit.
• Extended hours: trading outside regular market hours can mean lower liquidity, wider spreads and more volatility.
• Options: options are not suitable for all investors and can lead to significant losses.

A deposit credit of 1% or 2% is small next to these risks, so the bonus should not be the reason to start trading.

Bottom line

The TradeZero promo code IITW gives new customers a welcome offer at TradeZero America, TradeZero Canada or TradeZero International.

Use the landing page for your country and make one deposit that meets the minimum for your offer:

• US: from $500, with a 1% deposit credit (max $5,000).
• Canada: from $500, with a 2% deposit credit (max $2,000 USD).
• International: from $500, or $2,500 to add 60 days of commission-free trading.

Then keep your balance at or above that deposit for the full holding period. TradeZero can change the offer at any time, so read the terms on your landing page before you fund the account.