Stock Broker Review: TradeKing

IMPORTANT: TRADEKING HAS MOVED TO ALLY.COM

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Introduction to

TradeKing was founded in 2005 and is an online stockbroker offering an easy-to-use platform. Customer service is strong, with support available by email, phone, and live chat. There is no minimum account balance, and there are no IRA or maintenance fees.

• TradeKing

🏢 P.O. Box 49050 / Charlotte / NC 28277-3432

 

Brokerage Services:

TradeKing offers trading in Stocks, Options Contracts, and ETFs.

 

TradeKing Commissions:

1) Stock Trading

Online Stock trading / ETF Trading starts from $4.95

2) Options Trading

Options trading at TradeKing starts from $4.95 with an additional $0.65 brokerage fee per contract

No fee is charged when using brokers to execute trades.

 

TradeKing Features:

1) Trade King is offering a wide variety of educational resources

2) Customer support even at late hours

3) High API compatibility. API partners include Mint, CoolTrade, SmartStops, and LionDesk.

 

Platforms & Mobile Trading:

TradeKing is offering applications for mobile devices (iPhone App and BlackBerry App)

 

TradeKing Promotions:

When transferring an account worth more than $2.500, TradeKing is offering up to $150 in the form of a rebate.

 

TradeKing Account Information:

TradeKing doesn’t require a minimum account balance.

 

⚖️ TRADEKING REVIEW PROS & CONS
☑️ TRADEKING ADVANTAGES	❌ TRADEKING DISADVANTAGES
√ Low commissions √ High-quality customer support √ Low-priced broker assistance √ No minimum account balance √ High Educational Resources √ API compatibility with 3rd parties	X Trading platform offers limited tools

 

IMPORTANT: TRADEKING HAS MOVED TO ALLY.COM 

■ TradeKing Review

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