If you are here to find out whether TradeKing is suitable for your trading/investment needs, then we would say – It’s worth taking a look at a brokerage with a motto “Be Good”.
We can read through the fine print of their offerings and give you the facts, but the final decision should be yours. Now, the question is if TradeKing is worth your time and money? It will only take a few minutes to read through this post and find it out. Make sure you check out the details of their current promotions at the end of this post.
We know it’s really hard to make a choice when you find most brokerages in a tussle to give you the best tools, services and pricing. When you are unable to reach to a decision its better you look at awards and ratings that a brokerage has won in the recent past. This should help you identify the key strength areas of a particular broker. TradeKing has a solid past record and it won’t be possible to mention all of it in one post. So, let’s just take a look at their most recent achievements.
Conclusion TradeKing surely has a simple to understand and low commission structure but they may not be cheapest brokerage out there. At the same time you cannot ignore their expertise and tools. Even we find them suitable for Options traders and long term investors.
Refer a Friend and Get $50
TradeKing gives to an opportunity to make money by referring people to open an account with them. Your receive $50 in deposit when your referral funds his new account with $1000 and makes his first trade. You can refer as many people you want and even track conversions in real time. You should go through their payment rules and eligibility requirements to sort out any confusion. TradeKing’s Refer a Friend program is surely a good opportunity as you are likely to get a positive response from anyone who is willing to invest money.
If you like what TradeKing has in its offering, but are worried of transfer costs then a deposit up to $150 should make it easier for you. Small investors can make the most out of this promotion as usually it’s the transfer costs that restrict them from making a switch to a better brokerage.
Initial wire deposits $5000 and above get $25 in refund. This promotional offer does not apply to retirement accounts with TradeKing. Feel free to use the comment section to post any queries that you may have regarding TradeKing and we will be happy to respond back quickly. Tip- TradeKing is ranked #1 in customer service so you may first want to try them out. Find out more brokerage deals
Refer your friends to OptionsHouse and get your choice of $150 or 30 commission-free trades.