TradeKing Reviews

TradeKing Reviews

Overall Rating44444

TradeKing is a privately held discount broker that allows clients to trade stocks and options. The firm was launched in 2005 and was one of the first online brokers to offer social networking features to its customers. TradeKing offers clients powerful research tools, and an education center with advanced options strategies. TradeKing has simple commission fee prices for online and broker assisted trades. Network with other traders, and enjoy the peace of mind that comes with highly rated customer service and SIPC insured accounts.

TradeKing Commissions

  • Stocks, ETFs and Mutual Funds: $4.95 Flat Rate
  • Options: $4.95 + $0.65 per contract

TradeKing Features

  • Fast trade execution
  • Powerful trading platform
  • Free research resources including Interactive Charts, Options Chains, and Technical Analysis tools.
  • Live chat customer support + Phone support available during business houses
  • Community features including forum and investing blog.
  • Pay the same price for online and broker assisted trades.

TradeKing Promotions:

  • Transfer to TradeKing and receive a refund of any transfer fees up to $150. (Minimum $2,500 deposit to take advantage of this promotion)
  • Refer friends to TradeKing and receive $50 each. (Minimum $1,000 deposit to take advantage of this promotion)

TradeKing Minimum Deposit to open an account: $0

 

User Reviews

  • Andres says:

    I use TradeKing mainly for the $4.95 flat rate trades. My last broker ScottTrade was $7 per trade. ScottTrade is a much bigger name in the brokerage world, but TradeKing works just as well, if not better. I actually like their back end / trading tools much better than I liked what ScottTrade had. There’s no reason to pay the big boys like TDAmeritrade and ScottTrade their high commissions when you can get better rates from the smaller brokers. As an individual investor, you’re protected by SIPC in case the broker for some odd reason goes bust, which doesn’t happen all too often anyway.

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