Don't just trade with any broker, trade with the best! Check out our recommended brokers:
TradeKing is an online stock broker that offers a variety of trading options offering traders managed portfolios, binary options as well as a full line of stocks, ETFs and mutual funds. Traders can also choose among a variety of fixed income and debt instruments including 10 different bond types and CDs (Certificates of Deposit) with a whole range of maturity dates. TradeKing.com is an IB of Gain Capital. Investor’s money is protected by SIPC and additional third-party insurance.
TradeKing has one standard trading account. There is no minimum requirement for funding the account but at least $2000 is needed to open a margin-enabled account.
There is also an exclusive membership program that is open to clients with a combined account value of $25,000 and execute a total of 30 trades or more over 3 consecutive months. Some of the features of this account include priority call and email routing to the broker’s most experienced reps, no additional cost when placing a trade over the phone, use of the premium streaming quote platform powered by Quotestream™, waived fees for 1099's, paper statements and trade confirmations, no wire transfer fees or overnight express fees for account deposits of $5,000 or more.
The main features at TradeKing account are the low costs--only $4.95 for stock and ETF trades with no account minimums. And option trades are just $4.95 plus 65 cents per contract, regardless of how many legs the strategy has.
Anyone opening an account gets instant access to their suite of research and trading tools, such as S&P Stock Reports, Maxit Tax Manager, Probability Calculator, Profit and Loss Calculator, Stock and Option Screeners, Technical Analysis Tools, and their new active trading platform, TradeKing LIVE at no additional cost.
Trading options at Tradeking is simple. They offer 19 different option chains, 14 of which are strategy-based. Traders can easily find bid, ask and midpoint quotes, implied volatility and delta for individual options, or for an entire strategy. Traders need only select the option or strategy they want to trade directly from the chain, and the order entry screen will be pre-populated for them.
TradeKing Services Home page
The platform at TradeKing is actually the sole trading account and so whatever tools are listed are part and parcel of the actually trading platform. When you open your free TradeKing account, you'll get access to a treasure trove of stock trading tools. The Strategy Builder or Stock Screeners find stocks that meet your precise criteria. MarketGrader Research Reports reveal companies the analysts say have winning potential. Their Technical Analysis Tool lets you zero in on trade-able patterns in price charts, and the Maxit Tax Center helps you keep tabs on it all.
You can access TradeKing's online platform on your smart phone's web browser, or you can download apps for the iPhone or Android phone. You have access to your accounts and portfolio and you can create charts, watch lists, option chains and alerts. In terms of trading, you can complete standard stock trade and single or multi-leg options.
Review info: TradeKing Forex
Review Date: 2015-10-20
Rating : 1
Reviewed By : Sara Patterson (Google+)