Stock Broker Reviews

TradeKing IRA review - best brokerage for Traditional IRA in 2010




TradeKing Traditional IRA Commissions


  • Stocks and ETFs: $4.95 (for stocks over $1)
  • Options: $4.95 plus $0.65 per contract
  • Mutual Funds: $14.95
  • Bonds: $4.95/bond ($14.95 minimum)
  • Treasuries: $24.95 per transaction
  • Certificates of Deposit (CDs): $24.95 per transaction
  • Investments: stocks, options, mutual funds, bonds, ETFs
  • Minimum to open account: $0
  • All TradeKing fees and margin rates


TradeKing Traditional IRA Pros

  • One of the best in trading commissions
  • No minimums or hidden fees
  • Award-winning trading tools
  • Best rated customer service
  • Low margin rates
  • Best online investor community
  • Fee-free IRAs
  • Extensive educational resources


TradeKing Traditional IRA Cons

  • Extra $0.01 per share on the entire order of stocks priced less than $1


TradeKing Traditional IRA Summary


TradeKing is one of our favorite brokerages -- we ranked it #2 among Top Brokerage Firms in 2010 and rated it Best Brokerage in 2009. The firm received lots of awards: 5-star rating in Customer Service and Trading Tools in the June 2009 Barron's Broker Survey; 5-star in Customer Service in the 2008 Barron's Brokerage Survey; overall #1 Discount Broker in 2007 and 2006, according to Barron's. In Smart Money and Kiplinger's magazines Annual Broker Survey for 2010, TradeKing ranked first in Customer Service.

We believe that TradeKing is a great choice for Traditional retirement account since it has no IRA setup fee, no annual IRA fee and no inactivity or maintenance fees. The firm does not have surcharges on large orders and after-hours trading.


TradeKing Promotional Code - click link below to get up to $150 in transfer fees reimbursed:




TradeKing Promotional Code 2 - click link below to get up to $50 free (new accounts must be opened and funded with $2,500 or more. Account funding must occur within 30 days of account opening, and one trade must be executed within 180 days of account opening, for account to qualify.)
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