Terms from program website:
To thank you for spreading the word about us, we're offering your choice of a free gift as a token of our appreciation. Get 10 FREE trades, $100 in you and your friend's optionsXpress accounts, or other great gifts! There's no limit to the number of times you can refer someone to us, and no limit to the amount of free gifts!
Great optionsXpress Gear!
Take your pick:
* Ten FREE trades
* $100 in you and your friend's account
* optionsXpress gear
* Trading books
Ten FREE trades, optionsXpress gear, and Trading Books
Offer limited to one reward per customer for each unique referral resulting in an activated, funded optionsXpress account which has executed at least one trade. Free rewards will be delivered or made available within thirty days of the referred account's first trade. Customers who select free trades for referrals will receive a single $14.95 deduction from their total commission for each of the next ten trades following offer availability. Unused free trade credits cannot be exchanged for other offers, cash or credit.
$100 in you and your friend's account
Offer limited to one $100 bonus per referring and referred customer for each unique referral resulting in an activated, funded optionsXpress account with at least $500 in new funds or securities positions valued at $500 from a bank or brokerage account outside of optionsXpress into one new referred customer optionsXpressaccount. Deposits of new funds or securities from existing optionsXpress accounts are not eligible for this offer. Referred customer's new account must be opened and new funds or securities must be deposited into this account prior to May 31, 2008. This offer is not valid for optionsXpress associates, non-U.S. residents, certain referring parties, and where otherwise prohibited. New funds or securities must remain in the referred customer's new account (minus any trading losses) for a minimum of 6 months with at least one executed trade, or the credit to referred customer and referring customer may be surrendered in optionsXpress' sole discretion. Referrals that qualify for $100 bonus apply to both the referring customer and the referred, and the $100 bonus will be delivered or made available within thirty days of the referred account's first trade. Customers can not exchange the $100 for other offers, cash or credit. We reserve the right, at our sole discretion, to cancel, modify or suspend this offer program at any time without notice. IRAs, other tax-exempt, linked, or shared accounts may not be eligible to receive the $100 bonus offer.