SEC Fraud

TradeKing is one of the best online discount brokers available and won Smart Money’s Best Discount Broker award two years in a row! With their compelling and affordable $4.95 per trade offer on market and limit equity trades (both selling and buying), they have been able to capture a significant market share in a short period of time. They’ve also made a name for themselves in the options market with their $4.95 a trade and sixty-five cents a contract, almost unheard of in the business.

In the Smart Money 2008 Broker Survey, in their review of TradeKing, said that TradeKing had the best customer service of all the brokerages they interfaced with, the only one to have earned five stars in that category and had the second cheapest commission structure of the fourteen firms showcased.

Here’s what Smart Money had to say about the stellar customer service of TradeKing:

One firm managed to earn five stars for best overall service: TradeKing. The company recently opened a new client-service center, and the effort seems to be paying off: Live chat worked without a hitch, our e-mails got answered in a speedy average of five minutes, and a phone rep even called us back to clarify his response to one of our questions. Now, that’s service.

If you’re looking for a solid discount brokerage, TradeKing deserves a look.