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- $4.95 for stock and ETF trades
- Options: $4.95 per Trade/$.65 per contract
- No Account Minimums
- Accounts are covered by SIPC and protected with additional insurance
TradeKing, a nationally licensed online broker, offers low flat fees on all trades and no account minimums. You can trade stocks, ETFs, mutual funds, and options (including 19 different option chains, 14 of which are strategy-based). TradeKing’s business concept is to empower the self-directed investor by providing an extensive set of tools, educational content, and investment vehicles to accommodate the beginner to the most advanced investor. TradeKing also offers Extra Hours Trading, which allows for pre-market orders starting at 8:00 am ET and which is live until 9:30 am ET. Also, post-market orders may be entered starting at 4:00 pm ET and is live until 5:00pm ET.
For common stock purchases the cost is only $4.95 per stock trade and option trades cost only $4.95 plus $.65 per contract. At TradeKing, the same trading fees apply to everyone – beginner or expert, large account or small account, regardless of the number of trades.
TradeKing was founded in 2005 as a new breed of online brokerage companies where the investor makes all of the investment decisions. TradeKing was named #1 in Customer Service by SmartMoney Magazine (Wall Street Journal’s business magazine) from 2008-2012, and received a Four-Star Rating from Barron’s for 2007-2012 in Barron's Annual Survey of Best Browser-Based Online Brokers. In 2012 TradeKing merged with Zecco to offer even more innovation and value for the independent investor. TradeKing is a fully disclosed broker/dealer and a member of the Financial Industry Regulatory Authority (FINRA), and the Securities Investor Protection Corporation (SIPC).
Nesco Products, Inc., owner of ManagingMoney.com, is an Authorized Affiliate of TradeKing and is being compensated by TradeKing.
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