We have researched this topic quite thoroughly and we were very pleased to find out that the TradeKing platform is extremely straightforward about any additional costs you might incur. An investor should understand these and additional risks before trading. Notice the fee per trade difference below: First Choice Capital Resources Review. Otherwise you will be charged a minimum fee for inactivity, real-time quote fee and platform fee.
Maximum commission per order can’t exceed 5% of the trade value, with minimum commission of $ We don’t accept opening trades for stocks below 1¢ per share. Note for GTC orders: If we receive partial executions on different trading days you'll be charged separate commissions.
TradeKing really likes the set of tools and applications the MB Trading team designed. Over the coming weeks, we'll work together to figure out how to bring the combined set of tools to our clients. And, we're committed to letting you know how you may be impacted as soon as we can.
TradeKing clients, contact us at , at service tradeking. Options involve risk and are not suitable for all investors. Click here to review the Characteristics and Risks of Standardized Options brochure before you begin trading options. Options investors may lose the entire amount of their investment in a relatively short period of time. All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns.
TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice. You alone are responsible for evaluating the merits and risks associated with the use of TradeKing's systems, services or products.
If you have additional questions regarding your taxes, please visit IRS. TradeKing is unable to provide any tax advice. Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, and other factors.
An investor should understand these and additional risks before trading. Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund or ETF carefully before investing. Forex accounts are not protected by the Securities Investor Protection Corp. Your forex account is held and maintained at GAIN Capital who serves as the clearing agent and counterparty to your trades.
Trading in futures, options and Forex is speculative in nature and not appropriate for all investors. Investors should only use risk capital when trading futures, options and Forex because there is always the risk of substantial loss. See our FAQ for details. See our Commissions and Fees page for commissions on broker-assisted trades, low-priced stocks, option spreads, and other securities.
Forex offered through TradeKing Forex, Inc. About the MB Trading Acquisition. In the Press Peruse the latest press release for an overview of the acquisition and why it's significant. Some of the institutions we work with include Betterment, SoFi, TastyWorks and other brokers and robo-advisors.
After Ally Financial acquired TradeKing in , its brand value will likely become better known. Plus, its product expansion into Forex and automated portfolio management via TradeKing Advisors allows TradeKing attract an even larger customer base. TradeKing trading platform serves a broad range of customers from frequent traders to buy-and-hold investors. TradeKing began as a low-cost brokerage firm with great customer service that focused on building a community of traders who could share trading ideas shut down in as dedicated social networks like StockTwits gained in popularity.
Since its inception, TradeKing has evolved from attracting fee-conscious customers to including a broader target audience seeking quality research, automated portfolio management, futures, fixed-income and forex trading.
TradeKing does have an annual inactivity fee which customers should note. Open a TradeKing Account. TradeKing has few rivals capable of matching its highly competitive fee schedule, though OptionsHouse stands toe-to-toe with them. For all-round depth of offering, including options, forex, futures, fixed income, automated portfolio management, research and navigability, TradeKing stands out from the pack. Mutual fund investors and ETF traders will be disappointed by the lack of no-transaction-fee mutual funds, and no-commission ETFs but most other traders and investors will be more than pleased with TradeKing.
For traders seeking an all-round platform that delivers great value, TradeKing far exceeds expectations. Tom Gentile didn't always drive luxury cars and own mansions across the country. In fact, he didn't even go to college. He is a self-taught stock trader turned millionaire. He's spent 30 years, and millions of his own money, to create a nearly infallible predictor of stock behavior based on 10 years of data And for a limited time, he's sharing all the secrets to how he made his fortune.
You won't want to miss out on this rare opportunity. Learn all the details here. You only need 3 simple options trades to generate steady income from the market. Andy Crowder has distilled nearly 20 years of trading experience to reveal the "shortcut" to success in this Free Options E-Book. Start profiting from options -- Download your copy now. Fundrise vs Rich Un
In the Press
The TradeKing platform prides itself on being one of the cheapest options available. You will understandably want to find out everything about all the TradeKing fees and commissions before you make up your mind and sign up for the account. TradeKing makes a compelling case as the best value trading platform by combining low-cost commissions, great customer service, and top notch research, with a premium web trading platform that offers a broad array of tradeable securities, including options, futures, forex, and fixed income. Unknown to most, TradeKing has a robust suite of options tools and educational resources available to assist new to seasoned traders and anyone in between to gain a very solid understanding with everything related to options.