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TradeKing Review, Top Stock Broker
TradeKing is quickly positioning itself as one of the most popular online discount stock brokers. Their flat rate $4.95 stock trades and top notch customer service are some of their strong points. This 2009 TradeKing review will highlight the broker’s numerous awards and positive reviews and should be in anyone’s top online stock broker consideration list.
Become WISER in 30 seconds…
1. $4.95 Flat Rate Trade Commission and $0.65 Options Contract Fee.
2. Consistently ranked in the Top 5 Online Discount Stock Brokers on numerous sites.
3. Award winning customer service with FREE telephone support.
4. Current TradeKing offer: $150 for new account transfers.
5. $2,000 Minimum account balance.
Learn More & Open An Account –> Visit TradeKing.com
Trading Services
TradeKing offers a variety of online trading services for its members in addition to a member forum. The forum, also known as The Trader Network, has over 100,000 members and is a very active online community. Switching back to the more important aspects, let’s take a quick look at what sort of online trading services TradeKing provides:
- Stocks
- Options
- Mutual Funds
- ETFs
- Retirement Accounts
- Broker Assisted Orders
Learn More & Open An Account –> Visit TradeKing.com
Trade Rates/Commissions
One of the key reasons why TradeKing stands out amongst all the discount brokers is due to the fact that whether you make a market, limit, or broker assisted trade you pay the same flat rate of $4.95. This also includes if you prefer to phone or call in your stock trade. A vast majority of stock brokers have a scaling fee structure dependent on the trade type being executed.
They also offer one of the lowest options contract fees amongst all the online brokers at $0.65 per contract. A majority of the discount stock brokers that offer options trades have this particular fee priced anywhere from $0.75 up to $1.50. Needless to say, TradeKing does an excellent job at providing trade savings opportunities for its clients.
Learn More & Open An Account –> Visit TradeKing.com
Customer Service
For many traders, customer service falls to the wayside when selecting an online broker. However, since most of us will end up using customer service at one point or another, it should be something we all take a closer look at and spend time reviewing.
The TradeKing brokerage has won a variety of awards and has received commending reviews in regards to their customer service. It’s no wonder as they make it easy and convenient for their clients to get the help they need and quickly. As mentioned earlier, TradeKing has their Trader Network online forum and they also have a customer support forum for members to use. In addition, they provide free telephone support, email support, and live chat support. Rest assured, if you need help with your account, TradeKing has you covered.
Learn More & Open An Account –> Visit TradeKing.com
Awards
TradeKing has been the recipient of many accolades since the online brokerage was started back in 2005. Some of these prestigious awards include:
- Barron’s 4 out of 5 Stars in 2007, 2008, & 2009.
- SmartMoney Magazine’s Customer Service Highest Score in their June 2008 Broker Survey and #1 Discount Broker in their August 2007 Broker Survey.
- Kiplinger’s #1 “Best of Online Brokers” in November 2008.
- And many more TradeKing ratings…
Learn More & Open An Account –> Visit TradeKing.com
Joining
Signing up for TradeKing is an easy task. Make sure you have your bank account information handy and $2,000 (optional) to fund your new TradeKing account. Plus you can take advantage of their $150 new account transfer offer.
Open An Account –> Visit TradeKing.com
Trading Platform
In the coming months, stockbrokers.com will be performing an in depth analysis of multiple online discount stock brokers with cheap stock trades and will offer further Tradking reviews. Please subscribe to our RSS Feed so that you don’t miss out on future reviews. Are you trading with the best online broker? Stockbrokers.com is determined to find out!
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