OptionsHouse vs TradeKing Review
4 stars based on
Broker related topics are discussed quite often here. One of the reasons that led me to spend a lot of time on brokers is that even though Compare optionshouse and tradeking broker have many brokerage accounts, including account with Zecco, Scottrade, TradeKing, and Firstrade, I can always find something new or improvements at these brokers. That led to further evaluation of the brokerage firms, not just the brokers themselves, but also their products, services, and tools, because a single change could affect my entire perception of the broker.
For example, I have my account with Zecco for more than four years now. Though I doubted their model could last, I still joined to take advantage of their commission-free trading offer and I made quite some free trades, though Zecco was only a play account for me.
SinceZecco has gradually added additional requirements for investors to qualify for the free trees and eventually killed the program early this year. Free trades from Zecco was good, but there was no guarantee that they will stay. On the other hand, we also brokers that charge higher commission than Zecco and Compare optionshouse and tradeking broker House did, but their commissions have been kept steady for years.
Examples in this group of brokers include Scottrade and TradeKingtwo very popular brokers that have maintained their commissions for years. I have reviewed many brokers before and have shared my experience such as opening an account and making a trade with them, but the discussions scattered all over the place, making it especially difficult to compare brokers side by side.
It will not be a review-all page. Instead, I will only highlight key differences among brokers, those that I think matter the most, while at the same time link to my previous discussions for those who are interested in finding out more.
The reason I choose these first is they are all very popular among investors and a lot of similarities exists among them, from trading commissions to products and service. And Zecco has something that nobody else has so far, Zap Tradethe trading tool that lets you trade anywhere on the internet, without even having to go to your compare optionshouse and tradeking broker. If you are want to buy or sell ETFs for free, then you may want to consider Scottrade. Scottrade recently launched 15 diversified low-cost ETF s and as a customer, you can trade these ETFs without commission, saving money on trading.
Stock and Options Brokers Compare Broker related topics are discussed quite often here. The first year APY is 1. Find out more about this offer. Recent Reviews Scottrade Compare optionshouse and tradeking broker Update: Yes, open an account.