TradeKing Review 2010

The first thing to draw your attention at TradeKing is the clear and very usable layout of the website, and along with this the commission pricing, which as quoted by them ‘Not a pricing structure, just a price’ – For all equity and option trades there is a commission of $4.95, plus a contract fee of $0.65 on each option trade, mutual funds have a low fee of 3%, and mutual funds with load incur no fee, and the unloaded fee is $14.95 for buy and sell.

TradeKing’s customer service operates from 8am to 6pm EST, and is available via live chat, phone, and e-mail. They usually respond to client support requests within 24 hours

A wealth of information can be found under the quotes and research tab, as well as trading tools including calculators, scanners and screeners Other services offered on the site include a learning center, forums, blogs – including the CEO´s and Options guy´s content, along with charts and reports, making this a great place for the beginner through to the expert.

TradeKing offers powerful security features including SSL security, firewalls, user/password combination locks, and even locks out intruders if they fail 3-4 login attempts. Your secure information is 100% safe with TradeKing.

I can tell you the three things that TradeKing has going for it, based on the conversations that I have had with some of their clients:

1. Low cost commission structure

2. Great customer support staff

3. Tons of useful tools only available to TradeKing clients

TradeKing is a good option if you wish to open or transfer your assets to a good broker

TradeKing Pros:

* $4.95 stock trades
* Fast, efficient customer service
* Simple to Use Trading Platform
* Easy to Use Stock and Options tools

TradeKing Cons:

* Lack of full service broker options
* No forex or commodities trading priviledges
* Slower than average website speed due to high traffic

Overall, TradeKing is a cost effective online discount broker for smart investors who prefer keeping trading costs at a minimum.

Want more valuable information on TradeKing? Read our new TradeKing Review 2010 to learn how to save money on fees and boost your investment returns by switching to TradeKing.

Want more valuable information on TradeKing? Read our new TradeKing Review 2010 to learn how to save money on fees and boost your investment returns by switching to TradeKing.

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