After Ally Financial acquired TradeKing in , its brand value will likely become better known. Plus, its product expansion into Forex and automated portfolio management via TradeKing Advisors allows TradeKing attract an even larger customer base. TradeKing trading platform serves a broad range of customers from frequent traders to buy-and-hold investors. TradeKing began as a low-cost brokerage firm with great customer service that focused on building a community of traders who could share trading ideas shut down in as dedicated social networks like StockTwits gained in popularity.
Since its inception, TradeKing has evolved from attracting fee-conscious customers to including a broader target audience seeking quality research, automated portfolio management, futures, fixed-income and forex trading. TradeKing does have an annual inactivity fee which customers should note. Open a TradeKing Account. TradeKing has few rivals capable of matching its highly competitive fee schedule, though OptionsHouse stands toe-to-toe with them.
For all-round depth of offering, including options, forex, futures, fixed income, automated portfolio management, research and navigability, TradeKing stands out from the pack. Mutual fund investors and ETF traders will be disappointed by the lack of no-transaction-fee mutual funds, and no-commission ETFs but most other traders and investors will be more than pleased with TradeKing. For traders seeking an all-round platform that delivers great value, TradeKing far exceeds expectations.
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