| The first thing to draw your attention at TradeKing is | | | | the option to set an automated log off for idle use, |
| the clear and very usable layout of the website, and | | | | which can be set from 15 through to 180 minutes. |
| along with this the commission pricing, which as | | | | I 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 commission | | | | had with some of their clients: |
| of $4.95, plus a contract fee of $0.65 on each option | | | | 1. Competitive commission structure. |
| trade, mutual funds have a low fee of 3%, and | | | | 2. Strong customer service. |
| mutual funds with load incur no fee, and the unloaded | | | | 3. 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 very | | | | TradeKing seems to be a good bet if you are |
| easily found, and they offer an F&Q section, live | | | | thinking about opening a new online brokerage |
| chat and phone service between the hours of 8am | | | | account. |
| and 6 pm EST time, and also an email service which | | | | TradeKing 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 features | | | | Overall, TradeKing is a great low priced discount |
| including firewalls and SSL security, and the username | | | | brokerage firm for investors who want to keep |
| password combination which becomes blocked upon | | | | costs low while gaining access to all the professional |
| a set number of failed login attempts. You also have | | | | Wall Street investing tools. |