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Muriel Siebert vs TradeKing
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Muriel Siebert vs TradeKing: Trading Fees and Investments 2012
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- Stocks and ETFs: $4.95 (for stocks/etfs priced over $2)
- Options: $4.95 plus $0.65 per contract (for up to 8 contracts) OR $4.95 plus $0.65 per contract (for over 8 contracts)
- Short options valued at 5 cents or less, can be bought to close these positions for no charge (commission free)
- Multiple legs will only be charged one base price of either $4.95 or $8.95, depending on how many total contracts are involved
- Mutual Funds: $9.95
- Bonds: $4.95 per bond ($14.95 minimum)
- Treasuries: $24.95 per transaction
- Certificates of Deposit (CDs): $24.95 per transaction
- Investments: stocks, options, mutual funds, bonds, CDs, treasuries, ETFs
- Minimum to open TradeKing account: $0
- All TradeKing fees
- TradeKing login, TradeKing promotional code
and Tradeking referral code
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- Stocks and ETFs: $14.95 per trade for up to 1,000 equity shares
- Integrated Speech & Touch-Tone Phone: $29.95 for market or limit orders up to 1,000 shares (2 cents per share for each additional share over 1,000)
- Options: $34-$370
- Mutual Funds: $35 per transaction for no-load funds that are not part of the Fund Exchange no-load, no-transaction-fee program
- Corporate Bonds: 100 bonds or more - $2.50 per bond, from 50-99 bonds - $3 per bond, up to 49 bonds - $3.50 per bond; $35 minimum commission for listed corporate bonds
- Foreign securities: $75 + commission
- Investment products: stocks, bonds, mutual funds, options, ETFs
- Minimum to open Muriel Siebert account: $0
- All Muriel Siebert fees
- Muriel Siebert login
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- Great commissions
- No minimums, maintenance or hidden fees
- Free real time quotes
- Award-winning trading tools
- Best rated customer service
- Low margin rates
- Best online investor community
- Fee-free IRAs
- Extensive educational resources
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- Good customer service
- Free dividend reinvestment
- No account inactivity fees
- Low margin fees
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- Additional $0.01 per share on the entire order of stocks priced less than $2
- $50 annual inactivity fee if BOTH apply to an account(s):
- Combined account value of the household account(s) is less than $2,500
- No commission-charged trades have been executed in the account(s) during the last 12 months
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- Very high trading commissions for all investment products
- 1.5 cents per share surcharge for each additional share over 1,000
- $30 annual fee for IRAs with under $10,000 balance
- Outdated and not intuitive website design
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TradeKing vs Muriel Siebert: Comparison Summary
This comparison is easy:
TradeKing (TradeKing reviews)
outshines
Muriel Siebert (Muriel Siebert Review)
in every category.
The firm offers low, flat-rate $5 per trade commissions on stocks and ETFs. Muriel Siebert charges $14.95 for the same products.
Tradeking is a head above in customer service, trading tools and research.
Unlike Muriel Siebert, TradeKing has no IRA fees as well as no surcharge for shares over 1,000. In fact,
the firm is one of our Best Brokers for Retirement Account as well as one of the Top Rated Online Brokers.
TradeKing is also one of the very Best Brokers For Beginners:
it has lots of learning materials, no additional charge for broker-assisted trading and vibrant and helpful trader community. We strongly recommend it for people
who are new to investing.
Because of drastically better commissions, trading tools and more free services, we strongly recommend TradeKing over Muriel Siebert
to all investors. We also encourage visitors to read consumer brokerage reviews.
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