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.
- For those looking to enter the stock market, take a second to download my free guide to entering the stock market.
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