The broker has a strong foundation for the future with its TradeKing LIVE responsive platform and new parent, Ally Financial. For our 2017 Stock Broker Review we assessed, rated, and ranked sixteen different online brokers over a period of six months. Today, in 2017, TradeKing continues to operate as a standalone brand underneath the Ally umbrella. There are more brokers than traders these days it seems.
This is backed up by SmartMoney who voted TradeKing number one for customer service in 2011. TradeKing is an online discount brokerage firm that was started in 2005. The reasons why I choose TradeKing were simple. As much as I like and use Fidelity for most of my trades, I felt it was a great way to get experience with another discount stock broker. I do wish their funding process was easier. They will sell your stocks to charge their hidden fees.They create hassles for you if you try to transfer away.
Slow execution, technical problemsI traded BABA calls today on TK because the commissions were cheap. Turns out you get what you pay for.