Total dollars our trader saved 615

TradeKing Review

Broker Profile

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Likes - Top notch customer service; great community functionality via TradeKing Trader Network creates all around comprehensive platform; excellent educational resources.

Dislikes - Trading platform is easy to use but could be improved; mobile trading not yet supported.

Bottom Line - TradeKing's emphasis on customer service, community, and competitive commission rates separates the online broker from its peers and makes it a unique overall offering.

TradeKing is an online broker that offers low cost stock trades to its large client base of investors. Known for being a no hidden cost discount broker, TradeKing also provides low cost options trades and fixed-income trading for its customers. Through its free community, the Trade Network, they allow their members to share online trades and investment ideas with other active traders.

Our TradeKing review provides trade platform screenshots, detailed commissions information, and online broker ratings. Also discover how TradeKing placed in the most recent 2010 Barron’s Review of Online Brokers as well as the 2010 SmartMoney Broker Review**.

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Commission Notes

TradeKing is an online broker with a very straightforward commissions schedule. Full breakdown below.

Stock Trades - All stock trades (including broker assisted trades) are a flat $4.95 per trade. This is regardless of order type and size. For any stock under $1.00 per share an additional $.01 per share is charged (max commission 5% of trade value). For OTCBB and Pink Sheet stocks a minimum of $100 worth of stock must be purchased at time of order.

Options Trades - Options trades are $4.95 + $.65 per contract.

Mutual Funds - Mutual funds cost $14.95 for non Loaded funds and are $0 for Loaded funds. Note other charges apply for Loaded funds charged by the mutual fund itself.

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Broker Site Preview


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All pricing data was obtained from a published web site as of 7/19/2010 and is believed to be accurate, but is not guaranteed. trade WISER staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the top of this page. * For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.

** Barron's is a registered trademark of Dow Jones & Company 2010. SmartMoney is a registered trademark of SmartMoney, a joint publishing venture between Dow Jones & Company, Inc. and HearstSM Partnership. Kiplinger is a registered trademark of the Kiplinger Washington Editors, Inc. 2010.