Stock Brokerage Reviews » tradeking

Top 5 Reasons To Open A TradeKing Account

ashivapu — Wed, 23 Jun 2010 02:26:13 +0000

There are many reasons to open a TradeKing account and here are 5 reasons they think you should.

1. We have fair and simple pricing

At TradeKing, you will pay just $4.95 a trade plus 65 cents per option contract. Period. We don’t have any account minimums or hidden fees. We even charge the same price for broker-assisted trades. We think you will agree our low commissions are pretty amazing. But what’s really amazing is everything you get for the price.

2. Our customer service is rated the best

Sometimes it seems great customer service is a thing of the past. But not at TradeKing. We offer short hold times, fast email responses and instant online broker chat. Whatever you need from us, we’ll make it easy to get. No wonder SmartMoney and Kiplinger’s both gave our Customer Service their very highest ratings in their latest broker surveys.

3. To make the right trades, you need the right tools

When you open your account, you’ll get instant access to our award-winning suite of powerful research and trading tools, like MarketGrader Research Reports, our Maxit Tax Manager, Probability Calculator, Profit and Loss Calculator, Stock and Option Screeners, Technical Analysis Tools and much, much more. It’s all free to every client, with no minimum balances or minimum number of trades.

4. Our innovative Trader Network At TradeKing

You don’t have to trade alone. You can watch and interact with fellow traders and pros. You can share experiences, ideas and strategies. See what others are trading and how they are performing. You can even gather insights and analysis from the pros.

5. Account secure and protected up to $25 million

Our website uses industry-leading encryption technology to ensure a safe and secure web experience. And, with SIPC protection plus additional third-party insurance, you can sleep easy at night, knowing your assets are safe and sound with us up to the tune of $25 million.

Best Stock Brokerage For New Traders

ashivapu — Tue, 18 Aug 2009 17:01:59 +0000

If you are new to trading, then trying to find the perfect stock brokerage can be hard to do. Honestly, there is no such thing as the perfect brokerage, so the key is to find something that meets most of your needs and remember that at any time you can easily close your account and move elsewhere.

The one constant in trading the financial markets is that you need a brokerage to do it. Whether you buy long, day trade, or short, you need a stock brokerage to do it. Usually the hardest move to start trading stocks, is to open an account.

Which brokerage has what I need? Is the price structuring fair? Does it have the tools needed to help facilitate my trading as well as any growth? The answer to these questions is what ultimately determine if a stock brokerage is good for you or not.

The brokerages in the list below all have low account minimums, great tools and support, and the ability to grow with you.

The following is a chart of the best online discount stock brokerages for new stock traders.

Broker	Commissions (stocks/options)	Acct. Minimum	Best For
TradeKing	$4.95 / $4.95+.65 per contract	$0	Everybody
Zecco	$4.95 / $4.95+.50 per contract	$0	Everybody
TD Ameritrade	$9.99 / $9.99+.75 per contract	$0	New, Long-term
OptionsHouse	$2.95 / $9.95	$1000	Everybody
thinkorswim	$9.95/stock trade (5000 shares max) or $.015/share (500 min)	$500	Everybody
E*Trade	$12.99/$12.99+.75 per contract.	$0	New, Long-term
Scottrade	$7/$7+1.25 per contract.	$500	Everybody

Check out a complete list of our stock brokerage reviews.

Looking to enter the stock market, but don’t know how? Check out our FREE eBook, Guide To Entering the Stock Market.

TradeKing Review – Fair And Simple Pricing

ashivapu — Thu, 13 Aug 2009 22:58:39 +0000

Ranked number 1 in customer service by SmartMoney in 2008, number 1 Discount Broker by SmartMoney in 2007 and received 4 stars by Barron in both 2007 and 2008 along with 5 stars from Kiplinger’s in 2008, TradeKing has won its fair share of awards and accolades over the years.

Fair and simple pricing. What makes TradeKing such an enticing discount stock brokerage is their simple pricing, with some of the lowest in the industry. Best of all there are no strange requirements or forms to fill in order to use them.

Social network twist. Members of TradeKing gain access to their unique trader network. See what other members are trading and why or check out other users’ portfolios and performances. You can also establish your own blog or peruse through others’.

Enough tools to keep you satisfied. TradeKing boasts a good amount of tools and platforms to perform your stock research. Their usability is also clean and organized, so any novice or stock junkie will be satisfied. Use their stock screener or chart platform.

Stock Brokerage Details

Commissions: Stocks $4.95 per trade; Options $4.95 plus $0.65 per contract.

Account Minimums: $0

Overall, TradeKing’s combination of cheap commissions, social network feel, and easy usability makes it a suitable solution for most traders; however, more experienced and aggressive active traders may prefer other options.