TradeKing Review - Is TradeKing Any Good?

The first thing to draw your attention at TradeKing isthe option to set an automated log off for idle use,
the clear and very usable layout of the website, andwhich can be set from 15 through to 180 minutes.
along with this the commission pricing, which asI can tell you the three things that TradeKing has
quoted by them 'Not a pricing structure, just a price' -going for it, based on the conversations that I have
For all equity and option trades there is a commissionhad with some of their clients:
of $4.95, plus a contract fee of $0.65 on each option1. Competitive commission structure.
trade, mutual funds have a low fee of 3%, and2. Strong customer service.
mutual funds with load incur no fee, and the unloaded3. Abundance of useful tools that are available (for
fee is $14.95 for buy and sell.free) to TradeKing customers.
The customer service aspect of the site is veryTradeKing seems to be a good bet if you are
easily found, and they offer an F&Q section, livethinking about opening a new online brokerage
chat and phone service between the hours of 8amaccount.
and 6 pm EST time, and also an email service whichTradeKing Pros:
they strive to respond to within 24 hours.- Flat Rate Pricing at $4.95 per trade
A wealth of information can be found under the- Helpful customer service
quotes and research tab, as well as trading tools- Simple to use Trading Platform
including calculators, scanners and screeners Other- Plenty of great tools
services offered on the site include a learning center,TradeKing Cons:
forums, blogs - including the CEO´s and- Lack of full service broker options
Options guy´s content, along with charts and- No forex or commodities trading priviledges
reports, making this a great place for the beginner- Slower than average website speed due to high
through to the expert.traffic
The site offers some great security featuresOverall, TradeKing is a great low priced discount
including firewalls and SSL security, and the usernamebrokerage firm for investors who want to keep
password combination which becomes blocked uponcosts low while gaining access to all the professional
a set number of failed login attempts. You also haveWall Street investing tools.