TradeKing

PO Box 811690 Boca Raton, FL 33481-1690 Phone:877.495.5464 Fax: 561.988.0131 Email:service@tradeking.com Slogan: We don't have a price structure. We have a price.

General Description: Led by the original management team from Suretrade, Inc., TradeKing is an up and coming browser-based online broker that offers low cost trading in stocks, options, fixed income, exchange-traded funds [ETFs], and mutual funds. The low rates apply regardless of trading activity or experience level. They offer among the lowest rates in the business.

Features: The web site is straightforward and easy to navigate. In addition to order execution, the firm offers quotes, news, charts (stocks and volatility), and research. Options and probability calculators, chains, and options scanners simplify the decision making for options traders.

Options Trading Services: TradeKing offers options trades for the low rate of only $4.95 per trade plus .65 cents a contract. It costs 9.95 for exercise of a contract. The firm offers online trading of both simple and complex strategies including straddles, butterflies, covered calls and collars.

Stock Commission: $4.95 per trade on Internet, broker-assisted, market or limit orders.;

Account Minimum: TradeKing does not require an account minimum to open an account. Federal regulations require a $2,000 minimum deposit to open a margin-enabled account.

Quotes: Unlimited real-time quotes to customers who are actively trading.

Miscellaneous: TradeKing's operation is relatively straightforward. The browser-based trading platform is easy to use and the firm offers a variety of tools and information to help make the decision making process easier. In addition, the commissions on stocks and options orders are among the lowest in the business and this is probably one of the main reasons many traders are turning to TradeKing.