optionsXpress vs TradeKing 2013 Review

star Poor

star star Mediocre

star star star Good

star star star star Excellent

star star star star star Outstanding

trophy Featured

optionsXpress
TradeKing
Open Account Open Account Open Account
Current Offers Special Offer: Receive $100 Cash with any New Account - Learn More Special Offer: Get $150 in transfer fees reimbursed - Learn More
Broker Reviews Read full review › Read full review ›

Fees

Flat-Fee Trade Plan* $8.95 $4.95
Per-Share Trade Plan N/A N/A
Mutual Fund Trade Fee* $9.95 $9.95
Options Trade Base $0.00 $4.95
Options Per Contract $1.50 $0.65
Options Exercise Fee $0.00 $9.95
Options Assignment Fee $0.00 $4.95
Broker Assisted Trades $8.95 $20.00
Minimum Deposit $0.00 $0.00

2013 Review Ratings

Overall star star star Star star star star Star
Commissions & Fees star star star star star star
Customer Service star star star star star star star Star
Platform & Tools star star star Star star star Star
Research star star star star star star Star
Ease of Use star star star star star star star
Investment Offering star star star star star star
Education star star star Star star star star Star
Mobile Trading star star star Star star star star

Brokers

optionsXpress TradeKing

Account Features

Virtual Trading check
No Minimum Deposit check check
No Maintenance Fees check
No-Fee IRAs check check
Online Trader Community check check
Investment Education check check
Live Seminars check

Mobile Trading

iPhone App check check
iPad App check
BlackBerry App check
Android App check check
Mobile Site check check

Trade Types

Stock Trading check check
Options Trading check check
Mutual Funds check check
FOREX Trading check
Futures Trading check

Banking Features

Checking Accounts
Savings Accounts
Credit Card Accounts
Debit Card Accounts
Mortgage Loans

Margin Rates

Under $25k 8.25% 7.75%
$25k to $49k 8.25% 7.75%
$50k to $99k 7.25% 6.75%
$100k to $249k 7.00% 5.50%
$250k to $499k 6.75% 4.50%
$500k to $999k 6.50% 4.00%
Above $1,000,000 6.00% 4.00%

Recap

optionsXpress TradeKing
Open Account Open Account Open Account
Current Offers Special Offer: Receive $100 Cash with any New Account - Learn More Special Offer: Get $150 in transfer fees reimbursed - Learn More
Broker Reviews Read full review › Read full review ›

TradeKing vs optionsXpress

StockBrokers.com 2013 review compares optionsXpress vs TradeKing. Compare optionsXpress and TradeKing trade commissions, fees and overall broker ratings by using the chart above. Is optionsXpress or TradeKing a better online broker? The StockBrokers.com staff breaks down all the key broker features, rates, and commissions charged to clients to determine the best broker.

There is a significant price difference of $4.00 per stock trade between optionsXpress and TradeKing. optionsXpress's per trade stock price of 8.95 is significantly higher than TradeKing's per trade stock price of 4.95.

The "Overall" ratings for optionsXpress and TradeKing are equally matched at 4 stars.

Only optionsXpress has an iPad app for tablet trading while TradeKing does not support the device at this time. You can find the app in the iTunes app store. Both optionsXpress and TradeKing have an iPhone App for mobile trading.

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