One of the most desirably parts of using TradeKing is the extent of which their investment options run. They’re seemingly limitless on the matter and keep up with everything in today’s industry. And they, like many others, offer a tutorial website to help the consumer find the right path to take.
On par with several other sources, TradeKing offers multiple resources to help the consumer get through the process of stock trading and investing. Their services include easy access to your portfolio, streaming quotes, interactive charts, and similar services. They also include detailed options trading, an options screener, a probability calculator, a profit and loss calculator and volatility charts.
If you’re wanting more information about your stocks Tradeking also offers personalized assistance like many other online services. However, unlike the others, their customer service is not available 24-7 which can be a problem considering the other sources have such a leg up internationally, both in regards to other markets and to being utilized by those in other countries.
Tradeking offers $4.95 flat rate stock buying broker assistance rates. They also cut special deals depending on how much you’re going to be investing. In many cases you can get a substantial discount by purchasing or trading a larger number of stocks or bonds.
Unlike other sites, TradeKing’s website isn’t particularly the most user-friendly. It’s straightforward, which might appeal to many. Their approach gets straight to the point, outlines the site’s key services, provides information about stocks and bonds in general, and otherwise helps the consumer get to the right conclusion and find the stocks that are right for them.
But they don’t have all the bells and whistles of some other similar companies. Granted, these bells and whistles are sometimes the downfall of the site—people get too caught up in them and then realize they don’t fully understand their own portfolio or what they’re investing in.
With Tradeking, however, you don’t need a large sum to initially invest. In fact there’s no minimum so you can pay as you go, unlike other services. And even after you’re started, there’s no required minimum that you keep in your account.
Tradeking, thusly, is ideal for a new investor. It’s easy to get going, and they’re straightforward enough to make the process easy.
Similarly, the reviews of Tradeking are mostly positive as well. People are fond of the no minimum account balance and the extremely cheap broker fees. If you’re not a high-income employee and still want to get going in trading, Tradeking might be the route you want to take.
Different from other services, with TradeKing you can get a $150 bonus if you refer somebody else. Even if that person had been with another service before, TradeKing will still offer you and them a $150 bonus for converting.
TradeKing has earned the distinction of receiving four out of five stars from Barron’s—the leader in investing criticism and insights—running from 2007-2011. Smartmoney also named TradeKing number one in customer service in 2010. Overall, TradeKing comes with several distinctions and promising awards.
They also feature online chat service, but like the rest of their customer service it’s not offered 24-7.
But with TradeKing’s extensive trader network, the consumer learns more about investment through the actions of others. Popular trades are analyzed and explained in full. This option differentiates their services from that of other online trading sites.
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