Stock Trading Online Review
Has anyone used TradeKing?
I am trying to decide on an online broker to use to begin stock trading. So far Scottrade topped the list, $7 trades arent bad and it has a good reputation with decent investing tools.
Howeer, right as I was about to make an account, I saw TradeKing, which does trades for $4.95! There is no minimum account balance and seems user friendly. It also got good reviews, but I would like any personal experience you people may have
Thanks
PS Are there any hidden fees at TradeKing? They aren’t any at Scottrade ^_^
Scottrade Fees: http://www.scottrade.com/online_trading_commissions/investment_fees.asp
Scottrade Commissions: http://www.scottrade.com/online_trading_commissions/index.asp
Trade King Fees: http://www.tradeking.com/p/home/tradeking/about/otherfees.tmpl
Trade King Commissions: http://www.tradeking.com/p/home/tradeking/about/commissionsfees.tmpl
They’re both good. If it turns out not what you expected, you can always switch to another broker and transfer your holdings.
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