Stock Trading To Go » Tradeking

TradeKing Offers $150 For Account Transfers

Blain Reinkensmeyer — Tue, 27 Jan 2009 17:30:14 +0000

has offered to reimburse new customers who switch to TradeKing of up to $150 in transfer fees they are charged from their previous discount broker. The offer currently has no expiration date. To receive the funds simply follow these steps from the TradeKing website:

Open a New Account
Complete and print an Account Transfer Form
Mail or fax the signed Transfer Form to TradeKing along with a copy of your most recent statement. (From your previous broker)
Request your account transfer reimbursement by faxing a copy of your account statement with proof of the transfer charge to 561.988.0131

is well known for offering $4.95 and phenomenal customer support. Feel free to read our full TradeKing review or read more TradeKing News.

TradeKing Surpasses 100,000 Clients And Sets New Record

Blain Reinkensmeyer — Tue, 09 Dec 2008 20:00:37 +0000

Celebrating its third year anniversary today announced that it has over doubled its client base in the 2008 year, surpassed 100,000 total users, and set a record for the month of October.

Like other top discount brokers TradeKing has reaped the rewards of thousands of investors moving away from managed funds with mutual funds, hedge funds, etc. and embarking on their own journey to become truly independent investors. added a record 12,800 new accounts in October alone which was a 300% increase over the same period a year ago.

was also the only firm to receive a 5 star rating for customer service by SmartMoney in its 2008 survey of online brokers. Award shown below.

–> Open a Account or read our full TradeKing review.

Source:
“Client-First” Philosophy Continues to Guide Online Broker TradeKing on Firm’s Third Anniversary
Press Release, Tier One Partners
December 9th, 2008

TradeKing Offers $50 Bonus For New Clients

Blain Reinkensmeyer — Wed, 08 Oct 2008 18:54:33 +0000

has announced that this month they are running a special promotion and are offering all new members $50 in free cash for their accounts. Those who have read our TradeKing review know that the broker already offers $4.95 stock trades and like Zecco has a very popular and growing community of members. The offer extends for the full month of October and is a good opportunity for new members to take advantage. The only requirements are that you fund an account with atleast $2,500 and as soon as you make your 1st trade your account will be credited with the $50 cash.

NOTE: To be eligible for the offer you have to click through one of the links above due to the redirect page TradeKing has setup for its affiliates.

NOTICE: This offer has now expired unless stated otherwise on the TradeKing site.

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TradeKing Review, #1 Best Discount Stock Broker

Blain Reinkensmeyer — Tue, 26 Aug 2008 23:30:27 +0000

TradeKing is known for being the best online stock broker that offers $4.95 flat fee trades to its clients and fantastic customer service. This TradeKing review will help investors discover why TradeKing is a top discount stock broker.

Some of the reasons for investors to choose discount broker TradeKing over its competitors:

1. Only $4.95 per trade with no hidden fees.

2. Account Protection up to $25 million.

3. Live streaming quotes and technical analysis education .

4. Trade Stocks, Mutual Funds, Options, ETFs, and more.

5. Current TradeKing promotional code offers $150 towards switching to TradeKing.

6. Extensive Calculators for members including Options Calculator, Profit + Loss Calculator, and a Probability Calculator.

7. Gain access to a Community of thousands of investors with Forums, Blogs, Groups, Trade Notes, and even your own site profile.

8. TradeKing voted as one of the best options brokers.

9. Members receive premium financial news, commentary, and can also view free research reports covering 5,500 different companies.

TradeKing ratings include being ranked #1 by SmartMoney two years in a row and the TradeKing brokerage also was given four stars by Barron’s annual survey of online stock brokers. TradeKing 2009 also includes a 4 out of 5 star Barrons rating. Check out the TradeKing site for yourself and see what you think.

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10 Great Online Stock Broker Advertisements

Blain Reinkensmeyer — Thu, 10 Jul 2008 10:00:24 +0000

With so many online stock brokers to choose from it can be tough to sort through all the advertisements you see throughout the web. It seems that the bigger the stock broker the more money they have to spend on a variety of different advertisements targeted at investors.

I went searching for online broker ads as a result and found 10 that I thought were pretty good. For the sake of fitting them all I only focused on smaller button ads.

Which one do you think best grabs your attention?

TD Ameritrade Advertisement, “No maintenance fees.”

TD Ameritrade Advertisement, “$9.99 trades. No surprises.”

Charles Schwab Advertisement, “Back test your trading strategies.”

Charles Schwab Advertisement, “Learn how to keep more of what you make.”

Scottrade Advertisement, “Up to $100 back when you switch.”

Scottrade Advertisement, “No-Fee IRA.”

Zecco.com Advertisement, “$0 Stock Trades.”

Advertisement, “$4.95 A Trade, Join Today.”

Advertisement, “Get $50. Switch now.”

Etrade Advertisement, “100 Free Trades.”

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**NEW** - Check out the Stock Broker Forum.

TradeKing Corrects Site Problem

Blain Reinkensmeyer — Fri, 06 Jul 2007 17:10:33 +0000

On Wednesday we posted on an error that we found at TradeKing’s website, the year they had listed for their quoted prices was 2006, not 2007. And, it seems we got their direct attention as they have since corrected the error, Mike from TradeKing wrote to us the following:

“You are correct – the date that was listed in the disclosure was from 2006. TradeKing had inadvertently missed updating the ‘as of date’ for the information as the page was updated; an error on our part. Your post made us want to make sure the information we were presenting was correct. As it turns out, one of our competitors did lower their per-contract charge on an options trade in the past few days, which we have since updated to ensure accuracy. However, if you look at the graphic you posted, you will see the margin rates are presently correct and have been updated when appropriate throughout the year.

TradeKing strives to be straightforward and honest with everyone. In no way was this an attempt at ‘tomfoolery’; simply an oversight when updating the page. We are a bit embarrassed that the ‘as of date’ was not kept updated when the numbers changed, so kudos for catching our error!”

Kudos back at TradeKing for being on top of things and making the changes.

5 Top Online Stock Brokers

Blain Reinkensmeyer — Fri, 01 Jun 2007 00:13:43 +0000

Investors should know the best online stock brokers to trade with. The following top online brokers offer traders the most value for their investment portfolios.

Some discount stock brokers are known for their award winning customer service while others are known for inexpensive or even free stock trades. This review will highlight some of the best stock brokers available based on trading fees.

1. Zecco

Zecco with its offering of free stock trades has become a very competitive discount broker as far as pricing.

The site is home to the ZeccoShare Community of over 150,000 investors and recently announced was Zecco forex trading which is now available for all clients.
Breakdown below:

Commissions = 10 free trades each month with $25,000 or 25 trades, otherwise $4.50 per trade and $.50 per option contract.
Known For = $0 Stock Trades.

–> Open a Zecco Account.

2. TradeKing

TradeKing offers investors fantastic customer service and extremely competitive trade commissions. All trades are $4.95 and $.65 per option contract.

TradeKing is also home to the Trader Network with over 150,000 members all sharing trade ideas, research, and market analysis. Breakdown below:

Commissions = $4.95 trades and $.65 per option contract.
Known For = Outstanding Customer Service and Discounted Trades.
Recent Awards = 4 out of 5 Stars Barron’s 2009.
Special Offers = Receive $150 when you switch to TradeKing.

–> Open a TradeKing Account.

3. Etrade

Etrade is another online broker ranked in the elite. Commonly seen on TV with its Etrade baby commercials investors can trade for as low as $7.99.

Etrade offers trading anytime, anywhere with its Etrade Mobile Pro service available on both the BlackBerry and iPhone. Day traders and active traders can take advantage of Power Etrade Pro which is its elite trading platform. Banking services are also available.
Breakdown below:

Commissions = $7.99 trades and $.75 per option contract for qualified investors.
Known For = Great Broker for Active Traders, Cutting Edge Account Security.
Recent Awards = #1 Online Broker & Best Banking Services Smart Money 2008.
Special Offers = Receive 100 Free Trades with your new account. Open a new account and receive a free BlackBerry.

–> Open a Etrade Account.

4. OptionsXpress

OptionsXpress offers investors an all inclusive quality service for a competitive price. OptionsXpress is one of the only brokers that allows investors to trade stocks, etfs, mutual funds, options, bonds, and even futures all under one brokerage account.

Recently OptionsXpress acquired Optionetics to expand its options educational offering to clients. Virtual trading is offered to clients alongside support for international investing.
Breakdown below:

Commissions = $9.95 trades and $1.25 per option contract for qualified investors.
Known For = Trade Execution, International Investing, Competitive Options Broker
Special Offers = Practice trading with a Free Virtual Trading Account.

–> Open A OptionsXpress Account.

5. TD Ameritrade

TD Ameritrade offers a strong combination of competitive trade prices, customer service, and research tools. TD Ameritrade offers branch services throughout the United States and is commonly seen on TV Commercials and throughout the web via its strong online advertising campaign. Breakdown below:

Commissions = $9.99 trades and $.75 per option contract.
Known For = Being a well-rounded stock broker.
Special Offers = Receive free stock trades with a new account.

Other Notes

Honorable mention goes to Scottrade which is well known for their customer service and flat fee $7 stock trades. Scottrade has a $500 minimum to open an account.

Free trading can also be attained through Bank of America and Wells Fargo with a minimum of $25k alongside other requirements. For the simplicity of this review both brokers were not included. Furthermore, brokers that do not have flat rates and instead charge per share (Interactive Brokers, Thinkorswim, etc.) were also not included.

Read Also, 12 Ways to Compare Your Online Broker and explore our Stock Broker Forum.

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