Ratings

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

Trade Commissions

Equity Trades*	$4.95
Options Fee*	$4.95
Options Contract*	$0.65
Mutual Fund	$9.95
Broker Assisted*	$4.95
Minimum Deposit	$0.00

Highlights

Account Features

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

TradeKing Review

Broker Review

Special Offer: Switch to TradeKing and get up to $150 in transfer fees reimbursed.

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 support limited.

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

2012 Review Results - TradeKing was 4 Stars overall and received Best in Class for Commissions & Fees, Customer Service, Investor Community, Investor Education, and Options Trading. Read the 2012 Broker Review.

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.

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 $2.00 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. For multi-leg spreads, only one base commission is charged. Lastly, there is no commission charged for buying back short options valued at 5 cents or less.

NOTE: TradeKing changed its options commissions structure to "$4.95 + $.65 per contract for up to 8 contracts. If trading more than 8 contracts, the rate changes to $8.95 + $.15 per contract" on 3/10/11. They then reverted back to the original options commission structure on 3/25/12.

Mutual Funds - Mutual funds cost $9.95 for non Loaded funds and are $0 for Loaded funds. Note other charges apply for Loaded funds charged by the mutual fund itself.

TradeKing was reviewed by StockBrokers.com on 2012-03-19 with an overall rating of 4 Stars.

Ratings

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Highlights

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Mobile Trading

Customer Service

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TradeKing Review

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Commission Notes

Trade Platform

TradeKing Mobile Blackberry App

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