TradeKing Review – Fair And Simple Pricing
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.
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