TradeKing Review

1 - I can do better 2 - Jury's out 3 - Pretty darn good 4 - Splendiferous 5 - Awesometastic by 12 people | Log in to rate

Ranked #66 in Business, #5,153 overall

TradeKing Review - Is it the King of Discount Brokers?

This is a complete TradeKing Review including features, accounts, and company history.

TradeKing Broke Onto the Discount Broker scene in Late 2005 with something rave reviews and something that had never been seen before by a reliable company - Sub $5 Trades!  Since then, there have been other discount brokers that have entered the stock trading business at lower price points, but are they a better value than TradeKing?  That's what we aim to find out with a comprehensive analysis of Tradeking's online discount brokerage services.

TradeKing Review: The Basics of TradeKing 

The Top Selling Points of TradeKing


  • $4.95 Trades

  • 65 cents for option contracts

  • Profit/Loss Calculator

  • Option Probability Calculator

  • Strong Trader Community with Blogging

  • Accounts protected up to $25 Million through Lloyd's of London

TradeKing Review: Types of Brokerage Accounts Offered 

A list of the Types of Accounts TradeKing Offers

* Individual, Joint, Custodial | Can Be Opened Online
* Transfer on Death Account
* Trust Account
* Corporate Account
* Investment Club Account
* Partnership Account
* LLC Account
* Sole Proprietorship Account
* Traditional, Roth, Rollover IRAs | Can Be Opened Online
* SEP Account
* Coverdell Account
* SIMPLE IRA Account


Tradeking Review and Promotion Code

New Tradeking Feature! Fixed Return Options 

Read the whole Tradeking Fixed Return Options Review here

Tradeking recently announced the launch of a new type of option that can be traded: Fixed Return Options. Here is a full review of the newest type of option trading to hit the market..

TradeKing Refer a Friend Bonus Review 

Refer a Friend to Tradeking and make $50

Starting in 2009 Tradeking has really stepped up their Refer-a-Friend program, offering $50 for every friend you have that opens a brokerage account with Tradeking as well.

Make sure and check out the Tradeking Refer a Friend Rules and Terms for a full review of the details.

Tradeking Tool Review: Options Strategy Scanner 

Use Tradeking to find unique options strategies

Tradeking has a unique Options search tool that allows you to review advanced as well as basic options strategies for a huge array of options trading techniques.

From straddles to strangles to covered calls as well as basic puts and calls, the Options Strategy Scanner will review the best options for your next options trade using the criteria you choose. Pretty Cool!

Review of Tradeking Option Strategy Scanner

Recent TradeKing Blog Posts 

Stock and options trading strategies

Tradeking has been very busy building up an active community of stock traders that often offer their take on the latest market action. These are the lastest blog posts from the TradeKing investor community.

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Review your Knowledge base before Trading 

Books about Day Trading Online

In order to make full uses of many of TradeKing's features, it's often a good idea to review your investment plan. Starting with the basics is always a good idea when investing and TradeKing's platform provides a lot of opportunities for the average investor to review their portfolio and act on it with as much information as possible.

The Electronic Day Trader: Successful Strategies for On-line Trading

Amazon Price: $12.89 (as of 12/09/2009) Buy Now
Used Price: $0.54

Stock Patterns for Day Trading

Amazon Price: $76.00 (as of 12/09/2009) Buy Now
Used Price: $34.00

How to Make Money Trading Stocks and Commodities: Finally...A Sensible Approach for the Intelligent Investor

Amazon Price: $10.95 (as of 12/09/2009) Buy Now
Used Price: $9.34

TradeKing Review: Breaking Down the Profit/Loss Calculator 

Find your Break-even points instantly!

TradeKing members also enjoy use of an advanced and custom built profit and loss calculator that includes:

  • Line graph Format

  • Adjustable Volitility

  • Adjustable Timeline

  • Uses the Binomial Pricing Model

  • Strategic view showing Break-even Points and Greeks


TradeKing Review - Profit Loss Calculator Screen Shot

Screenshot courtesy of : www.TradeKing.com

Recent TradeKing Reviews 

TradeKing Review–A Low Flat Rate Stock Trading Platform
I n our never ending quest to bring you the best online discount broker , today we review TradeKing. In December of 2005, TradeKing opened for business as an online discount broker. Based out of Boca Raton Florida, TradeKing continues ...
tradeking review
trade king as a etrade alternative; zecco vs tradeking - online stock trading comparison; how has the recession affect you? links sunday - my friend is having a baby; sponsored review: make money with super affiliate zac johnson.
TradeKing review and promotions | 401k Maze
Here is a quick review of TradeKing and links to promotions for transferring your account now.

Industry Awards for TradeKing 

Professional Reviews of TradeKing

  • Trade King Review by Smart Money Ranked Tradeking #1 Discount Broker in Customer Service for 2008

  • Recent Trade King Review by Smart Money Ranks Tradeking #1 Discount Broker of 2007

  • Ranked #1 by Smart Money in August 2006 Discount Broker Review

  • Ranked 4 stars (Highest Rating) By Barrons in March of 2007

TradeKing Review: Option Chains 

Tradeking Option Chain Feature Review

TradeKing offers a unique Option Chain Trading Interface that includes:

  • 19 different Chain Views (14 are strategy based)

  • Bid, Ask, and Deltas for each view

  • Black Scholes or Binomial Modeling

  • Price forecasting for the entire Chain


TradeKing Review - Option Chain Screen Shot

Screenshot courtesy of : www.TradeKing.com

TradeKing: The Future of All Stock Trading? 

Video Reviews and Analysis of TradeKing

Elwalvador's Stock Talk - 7/07/09 - Head and Shoulders on S&P

Head and shoulders on the S&P, Descending channel. This is not a recommendation to initiate any trades in any market. You are responsible for your own trading decisions. In other words, if you lose money in the markets, its your own damn fault for being stupid enough to listen to my advice! haha

Runtime: 6:50 | 259 views | 1 Comments

 

automatically generated by YouTube

TradeKing Review: Broker Summary 

The Conclusion of my TradeKing Review

In Conclusion, TradeKing appears to be the premiere source for low cost options trading, and has the tools to back it up. It's $5 trades are nothing to scoff at either. However, on a pure cost basis, other online discounters have brought the price wars lower with several in the $3 and a few offering free commissions (BofA and Zecco most notably) On an all around basis though, Trade King consistently scores high both with users and reviewers.

What is a Discount Broker anyway? 

Where TradeKing got its Start trading Stocks

Trade King is just one of several Discount Brokerages today.

A discount brokerage is a business that charges clients significantly lower fees than traditional brokerages, typically offering comparatively fewer services and/or support.

Crazy Stock Tips from Kramer 

Use Tradeking to Act on Kramer's Tips

Reader Reviews of TradeKing 

How has your experience with TradeKing been?

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  • Reply
    Confidenttrader Confidenttrader May 24, 2009 @ 4:34 am
    I have looked at Tradeking, but honestly prefer ThinkorSwim, which has slightly higher commissions but a fantastic suite of services. Thanks for the great review.
  • Reply
    Jack Jensen Jack Jensen Mar 29, 2009 @ 10:19 pm | in reply to lake1
    I hope you see this, lake1. Could you post why you think this was? What type of trading were you doing that they weren't happy with? Too active, not active enough, options/stocks? Thanks much!
  • Reply
    optionzone optionzone Mar 23, 2009 @ 6:30 pm
    Nice lens, Joe, 5*. That K for Kramer is a hoot! He might have to change his name before it's all over.
  • Reply
    sanjeev bhadresa sanjeev bhadresa Mar 14, 2009 @ 5:07 pm
    Forget TradeKing if this applies to you!

    Foreign citizens with a US Tax ID number and legally living in the USA may open a TradeKing account with the exception of citizens from the following countries: Australia, Austria, Belarus, Canada, Cote d'Ivoire (Ivory Coast), Cuba, France, Germany, Hong Kong, Italy, Iran, Iraq, Japan, Liberia, Libya, Malaysia, Myanmar (Burma), Netherlands, Nigeria, North Korea, Saudi Arabia, Singapore, Taiwan, Sudan, Syria, United Kingdom, Zimbabwe.
  • Reply
    Nov 4, 2008 @ 8:45 am
    never heard it before, but thanks to your lens for sharing about it.
  • Load More

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