Tradeking Review
Tradeking review conducted by expert’s traders at ForexSQ to know all about Tradeking broker before open trading account with the broker which in new part of Ally Invest. Is TradeKing legit or a scam? Our TradeKing Review covers fees, regulation, pros & cons. Read before you trade with this stock broker.
Dont forget to read FAQs at the end of this TradeKing Review.
Tradeking Review
It is a discount online stock broker that provides low 4.95 dollars stock trades with no minimum balance requirements. This review will look at how this broker can keep fees so low.
Thanks to trade commissions that are half those at great brokers like TD Ameritrade or E*TRADE, it has enjoyed steady growth and a dedicated following. In 2012, it combined with another super-discount brokerage, Zecco, to develop even larger.
This review will offer a high level overview of what they provide and how they can to help you attain your investing goals.
Tradeking Platform
One of the best significant features to any online trader is the brokerage’s trading platform, and it doesn’t disappoint. The platform itself is simple to understand and easy to use. For those who like to watch the marketplace, the platform is fast – providing running quotes so that you can perform trades at the price you need. TradeKing platform also permits you to modify your dashboard, making for a better all-around user knowledge. Investors are also capable to implement trades through the platform on their mobile device.
Mobile Trading
TradeKing has 2 smartphone apps: iPhone and Blackberry. I discussed the iPhone app, and inappropriately no longer own a Blackberry to do a suitable review. In my opinion, this is their weak area and requirements improvement. I suspicious with the Zecco merger, which has inordinate mobile apps, this will change in the close future.
If you don’t have any of these mobile devices, they do provide a simpler mobile edition of their web site. The mobile features are rather limited, but you have enough features to do simple trading.
Tradeking Forex
Just as with ETrader, it provides Forex trading thanks to their merger with Zecco. What is even well is they provide a 50,000 dollars virtual account to permit you to get your feet wet beforehand trying it out on your own.
No demo trading accounts
Certain brokerage firms provide a demo account that allows you to try your hand at trading without expending real money. But it does not provide that feature. Though, since there are no account minimums required, and can still acquaint yourself with both the platform and all of the presented tools without having to put up a huge amount of money to gain admittance.
Minimum Balances
It has no minimum balance for their accounts. This is an important factor for someone just receiving into investing for the 1st time, who may not have lots of money to put into an account right from the get go.
TradeKing Complaints
- Whereas the inactivity fee actually isn’t a problem since nearly everyone will make at least one stock trade per year, it is quite a TradeKing complaint for numerous depositors since most other sites don’t have a payment.
- Whereas education is presented, you won’t find the deep research from predictors or Morningstar that you may get from other online investing sites.
Tradeking promo code
There will be a TradeKing promotion presented, which we will share with you as we at all times find out about the promotional codes out there. Occasionally, the promotions will include an existing account owner and both you and the person who invite you will profit. Extra times, you can get the benefit without the assistance of somebody else.
Promo Code Details
- Switch to it and get up to 150 dollars in transfer fees repaid.
- Open your TradeKing account now
- Free Online Community
Tradeking Fees
It provides a flat 4.95 dollars pricing structure for exchange traded funds, stocks and binary options. Their fees are actually cheap while compared to other discount dealers. E*TRADE charges 12.99 dollars to sell and buy stock. TD Ameritrade charges 10.99 dollars for stock transactions. Charles Schwab’s commission is 8.95 dollars per trade. Even Scottrade, which broadcasts itself as the inexpensive broker, costs 7.00 dollars per trade. Share builder charges just 4 dollars for buy orders, but they charge 15.95 dollars for sell orders. TradeKing charges 4.95 dollars for broker helped trades as well. Broker helped trades at other discount brokers can range from 20 dollars to 100 dollars.
Commissions
It is amongst the industry front-runners for lowest commissions. For ETF and Stock trades, it charges $4.95 per trade. It recently lessened their commissions for those who purchase multiple options contracts. The present pricing structure is $4.95 base + $.65 per options contract for the 1st 8 contracts, and $8.95 base + $0.15 for more than eight trades. This can work out in depositors favour big time. For instance, a single option trade of twenty-five contracts used to charge $21.20, but now only costs 12.70 dollars, or a funds of 40 percent.
TradeKing Review Frequently Asked Questions (FAQ)
1. What is TradeKing?
TradeKing was an online discount brokerage firm offering self-directed trading for stocks, options, ETFs, and mutual funds. It aimed to provide low-cost trades with robust tools for active and casual investors.
2. Is TradeKing still operational?
No, TradeKing was acquired by Ally Financial in 2016 and integrated into Ally Invest, which now serves TradeKing’s former customers.
3. What types of accounts did TradeKing offer?
TradeKing offered individual and joint brokerage accounts, traditional and Roth IRAs, custodial accounts, and managed portfolios.
4. What were TradeKing’s fees and commissions?
TradeKing charged $4.95 per trade for stocks and ETFs and $0.65 per options contract. They also offered discounted pricing for active traders.
5. What trading platforms did TradeKing provide?
TradeKing offered a web-based platform, a desktop platform called TradeKing Pro, and mobile apps for iOS and Android.
6. Was TradeKing good for beginners?
TradeKing had a user-friendly platform and educational resources, making it accessible for beginners, though it also catered well to active traders.
7. Did TradeKing offer retirement accounts?
Yes, TradeKing offered IRAs including Traditional, Roth, and SEP IRAs.
8. Could I trade options on TradeKing?
Yes. Options trading was a core feature, with competitive pricing and a variety of tools for analysis.
9. Did TradeKing offer fractional shares?
No, TradeKing did not offer fractional shares.
10. Was TradeKing a safe platform?
Yes. TradeKing was a member of FINRA and SIPC, ensuring client account protection.
11. What happened to TradeKing’s customer service?
After acquisition by Ally Invest, customer service was merged, maintaining support through Ally’s channels.
12. Could I transfer my TradeKing account to another broker?
Yes, account transfers were possible using ACATS (Automated Customer Account Transfer Service).
13. Did TradeKing offer any educational resources?
Yes, TradeKing provided webinars, articles, videos, and tutorials on investing basics and advanced trading.
14. What were the main pros of TradeKing?
Low commissions
User-friendly platform
Strong options trading tools
Good customer service
15. What were the cons of TradeKing?
No fractional shares
Limited advanced charting compared to competitors
Limited international market access
16. How did TradeKing compare to competitors like E*TRADE or TD Ameritrade?
TradeKing was generally cheaper but had fewer advanced tools compared to TD Ameritrade’s Thinkorswim or E*TRADE’s platform.
17. Did TradeKing offer automated or robo-advisory services?
No, TradeKing focused on self-directed trading and did not offer robo-advisory services.
18. What research tools were available on TradeKing?
TradeKing provided stock screeners, market news, analyst ratings, and fundamental data.
19. Was margin trading available at TradeKing?
Yes, TradeKing offered margin accounts with competitive interest rates.
20. Did TradeKing support mutual fund trading?
Yes, with access to thousands of mutual funds, some with no transaction fees.
TradeKing Review FAQs 2
TradeKing Review 2025: Is It Still a Smart Choice?
In-Depth TradeKing Broker Review: Features, Fees, and More
TradeKing for Beginners: A Step-by-Step Overview
Is TradeKing Right for You? Honest Breakdown for 2025
What Happened to TradeKing? The Ally Invest Transition Explained
TradeKing Review for Long-Term Investors: Pros and Cons
TradeKing Review for Active Traders: Speed, Tools, and Value
Is TradeKing a Safe Platform? Security, Insurance & Privacy
TradeKing User Ratings: What Real Investors Are Saying
The Evolution of TradeKing: From Discount Broker to Ally Invest
💸 Fees, Pricing & Account Value
TradeKing Fees Explained: Commissions, Spreads, and More
Are There Hidden Fees on TradeKing? What You Should Know
How TradeKing Makes Money and What It Means for You
TradeKing Pricing Model vs Traditional Brokerages
Is TradeKing Still a Low-Cost Investing Platform?
🛠️ Platform, Tools & Features
TradeKing Platform Features Breakdown: Charts, Tools & Customization
Using TradeKing’s Research Tools: A Beginner’s Guide
Is TradeKing Good for Options Trading? Tools and Strategies
TradeKing App Review 2025: Mobile Trading Experience Tested
Automated Trading on TradeKing: Is It Available?
👤 Audience-Specific Reviews
TradeKing for College Students and Young Investors
TradeKing for Retirees: How Does It Compare for Wealth Preservation?
TradeKing for Side Hustlers: Weekend Warriors and Casual Investors
TradeKing for Day Traders: Speed, Execution, and Interface
TradeKing for Swing Traders: Is It a Fit for Medium-Term Strategies?
🧑🏫 How-To Guides
How to Open a TradeKing Account (Now Ally Invest)
How to Buy Stocks on TradeKing: A Step-by-Step Tutorial
How to Use Alerts and Watchlists on TradeKing
How to Place Options Trades Using TradeKing’s Interface
TradeKing Portfolio Management: Tips for Smarter Investing
📘 Strategic & Thought Leadership
Why TradeKing Was a Pioneer in Discount Brokerage
Should You Still Consider TradeKing in a Robinhood World?
TradeKing’s Merger with Ally: Was It a Win for Users?
The Rise and Rebrand of TradeKing: What Changed, What Didn’t
TradeKing in 2025: Where Does It Stand Among Competitors?
🧩 SEO & Niche Topics
TradeKing Account Types: IRAs, Margin, and More
TradeKing Minimum Deposit Requirements Explained
TradeKing Promotions and Bonus Offers for New Users
Common TradeKing Complaints and How to Solve Them
Best Alternatives to TradeKing for 2025
⚖️ TradeKing vs. Other Brokers
TradeKing vs Robinhood: Best for New Investors?
TradeKing vs E*TRADE: Which Offers Better Value?
TradeKing vs TD Ameritrade: Platform Comparison
TradeKing vs Fidelity: Who Has Lower Fees?
TradeKing vs Charles Schwab: Research Tools Showdown
TradeKing vs Webull: Best User Experience?
TradeKing vs Merrill Edge: Investing Tools Compared
TradeKing vs Ally Invest: What Changed After the Merger?
TradeKing vs Interactive Brokers: Best for Active Traders?
TradeKing vs Vanguard: Long-Term Investing Face-Off
Customer Service
They provide some of the best customer service in the industry of discount brokerage. It was voted number one in customer service in 2008 by both Kiplinger’s and Smart Money magazine. It has a live chat feature which leases you speak with a customer service representative from 8am to 6pm Monday through Friday. The email address is eagerly recognizable unlike numerous other brokers that hide their email addresses to make it as problematic as probable to contact them. Its email and phone reply times are fantastic. Emails and Phone calls are responded to in a matter of minutes.
TradeKing Login
For login to TradeKing.com broker you can visit the broker website, After sign up you can check your email and do TradeKing login.
Tradeking Review Conclusion
TradeKing is an outstanding option for investors looking for a full-service online trading platform, counting options trading, at a low-cost. The company offers an affluence of outstanding features that are sure to be esteemed by seasoned and beginner’s investors alike. Along with the low $4.95 commission fees on trades, it provides a solid trading platform, superb customer service and exceptional educational materials. While it comes to discount brokerages, TradeKing is tough to beat.
share this TradeKing Review
The professionals at ForexSQ invite you to share this review with family and relations or friends who may share an interest in forex trading platforms.
Visit our www.forexsq.com often for the current news and other trading platform reviews and information in the world of international monetary investments.
More About Fxstay
www.Fxstay.com is an international team that specializes in the Forex Managed Account service accept investments and managed them by trading Stocks, Bonds, Oil, Gold and Forex Trading. Fxstay team is involved in the Forex Trading since 2008 and is lead by the group of professionally trained Forex Account Managers from all around the world at www.Fxstay.com
View Posts - Visit Website