TradeKing Reviews and User Ratings
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TradeKing General Information
Ever since its inception in 1999, TradeKing Forex has played an extensive role in helping traders execute their trades in the safest, most reliable environment possible. If truth be told, TradeKing Forex is an exception to the entire ‘too good to be true’ notion in terms of budget priced online brokers. Through it, traders acquire the ability to benefit from $4.95 flat rate trades. Opening an account with TradeKing Foex is not just extremely easy, but fairly cheap too considering that a new account costs just about $500 with them. It is this particular feature that makes it the perfect choice for novice and small scale traders alike. Through it, traders can trade forex, options, stocks, mutual funds and ETFs. The broker has joined with Zecco and now serves as an introductory broker to GAIN Capital Group, LLC., which is registered with the Commodity Futures Trading Commission (CFTC) and is also a member of the National Futures Association (NFA).
Features of TradeKing
$4.95 flat rate trades
Easy to use and highly intuitive trading platform
Offers extensive stock data
Live spreads published on the site
Spreads start as low as 1 pip
The broker’s site has a very simple yet professional look and feel to boast of. Upon viewing it for the first time, you are sure to notice how easily accessible and user-friendly it is on the whole. The homepage of the site is all that you need to visit to gain access to its multiple parts. For instance, the homepage presents easily locatable links to client services, opening an account, customer support, forex education, and everything else that you need to get started with trading.
On the whole, TradeKing Forex is a reliable broker with a focus on delivering exceptional quality, easy to afford forex trading services to its users.back to menu ↑
Features and Trading Instruments
Pros and Cons
Customer service at TradeKing Forex is somewhat fair and can be accessed on a 24/5 basis. The broker can be reached through phone, email, and live chat. All queries are readily answered, thereby guaranteeing customer satisfaction.
- Serves as introductory broker to GAIN Capital Group, LLC which is registered with the Commodity Futures Trading Commission (CFTC) and member of the National Futures Association (NFA)
- Very reliable
- Offers excellent customer support
- Spreads start at about 1 pip
- Easy deposit and withdrawal
- Limited access to other investments
- Automated strategies can only be viewed while logged in
- Doesn’t offer extensive education resources
- Minimum Account Size: $500
- Spread: Medium/ Variable
- Trading Instruments: Forex, Stocks, ETF
- Trading Platforms: TradeKing Webtrader, Mobile Trading