TradeKing Stock Brokerage Review

You have probably seen TradeKing posted everywhere on the internet, and rightfully so. The discount stock brokerage has racked up quite a few accolades over time:

  • SmartMoney 2008 – number 1 in customer service
  • SmartMoney 2007 – number 1 discount broker
  • Barron’s 2007 and 08 – received 4 stars
  • Kiplinger’s 2008 – received 5 stars

Key facts to consider:

  • Stock trades are $4.95, market or limit (regardless of account size).
  • Options trade at $4.95/trade plus 65 cents per options contract.
  • No minimum account fee or inactivity fee.

Besides stocks and options there are not many other investment vehicles to choose from; however, TradeKing does offer various tools and calculators sufficient for the average trader. There is also a community forum for users.

Overall, TradeKing is the perfect option for traders looking for cheap trades, excellent support, and viable tools.