Up to $550 free brokerage from ETRADE

A FREE brokerage account worth $550 from ETRADE Australia. The offer is for a limited perdiod with below terms & conditions.

Terms and Conditions – Receive up to $550 in free brokerage.

Offer applies to new accounts opened between 27 November 2006 and 30 June 2007, and is only open to residents of Australia and New Zealand.
Offer is not valid in conjunction with any other offer and not open to existing ETRADE Australia and ANZ ETRADE customers, or to staff, institutional and intermediary clients of E*TRADE Australia.
E*TRADE Australia’s standard brokerage is $32.95 (GST-inclusive) on equities trades up to $30,000, and 0.11% (GST-inclusive) on trades over that amount.
For the purpose of this Offer, brokerage up to a maximum value of $550 (GST-inclusive) will not be charged on your first 10 equities trades executed within the Qualifying Period.
Trades must execute within the first 60 days of account being opened (“Qualifying Period”) to qualify for this Offer. The brokerage value on your first 10 equities trades where E*TRADE Australia’s standard brokerage does not exceed $55.00 (GST-inclusive) will be deducted from the $550 Offer value, until the Offer value has been reached.
No brokerage will be shown on the ETRADE Australia contract notes issued in respect of such trades. Where any of the trades has a value in excess of $50,000, ETRADE Australia will charge brokerage at its standard rate (0.11%, GST-inclusive) on the excess in trade value above $50,000. These charges will be disclosed on your E*TRADE Australia contract note. Brokerage charged on trades above $50,000 will not form part of this Offer, and will not count toward the $550.
This Offer is not redeemable for cash and is not transferable. Any portion of the Offer value unused within the Qualifying Period will be forfeited. Normal E*TRADE Australia trading account opening and maintenance conditions apply unless otherwise specified here. Applicants must be 18 years or over.
Account must remain open for six months. We reserve the right to terminate this offer at any time without notice. We reserve the right to amend these terms and conditions at any time without notice.