TradeKing reviews

TradeKing_logo TradeKing 6/10 (votes 2402)

On-line since: 2005
Country of origin: US
Regulation: FINRA
Payment options: wire transfer, check, transfer between accounts, ACH
Minimum account size: $0
Minimum lot size: 1 lot
Leverage: up to 1:50
Spreads: from 1 pip

TradeKing is one of the most popular forex brokers in the US. Established in 2005, the company developed and merged with Zecco in 2012, then was acquired by MB Trading in 2015.

The company offers a demo account with virtual $50,000, where traders can test the platform. TradeKing offers the best trading conditions and tools in the industry that are suitable for both beginners and professional traders.

Currently, TradeKing provides two types of accounts for trading in the forex market. The Mini account has the lowest requirements for deposit. It has all trading functions that are necessary for beginners. The Mini account developed for trading with minimal risks. Spreads start at 1.8 pips for major currency pairs, like EUR/USD. Leverage for currency, gold and silver is 1:50. Commission for a standard lot is $4.95. The margin level is 100%.

Another option is the Standard account. This is an upgraded version of the Mini account with some additional features, like phone trading and one click trading. Still, the broker does not provide swap-free accounts.

TradeKing developed its own trading platform TradeKing Forex Trader. It gives all advantages and opportunities that will satisfy the trading needs of beginners and professional investors. It is easy to configure and change the layout style. There are more than 70 available indicators that can help you track market trends. The platform supports trading with charts and has 15 installed automated trading strategies. News stream and analytical reviews will help you keep track of the latest events on the market. The platform can be installed on the Windows and Mac operating systems. All you need is Internet connection. TradeKing also offers a mobile version of this platform that works on Android and Apple devices. The broker also gives access to MetaTrader 4, the most famous platform in the industry.

The SSL protocol installed on the TradeKing website protects the clients’ personal data. The company is fully licensed and is a member of FINRA, SIPC and NCA.

A wide range of training materials, such as e-books, video lessons, articles, is available to all traders. All this helps beginners learn more about Forex. Any client can also join a social network for investors. There you can find helpful tips and special offers.

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Comments about broker

Ashwill trader
review TradeKing

I have lost almost $450 with the TradeKing platform due to their unprofessional service. When I tried to trade on the MT4 platform than the platform hasn't worked. Also, the trade execution is slow that always my orders going in an unexpected slippage position. Besides here price chart was different from the real market, so I say they are market maker broker. I was unable to earn profits through the hard work due to the above reasons. I think the TradeKing platform isn't safe.

Parvesh trader
review TradeKing

The starting capital at TradeKing is low. It is attractive to newbies and that includes me. However, their trading fees are too high. Their spread is floating and the lowest that I have seen so far is 4pips. Then it goes as high as 12pips. As a beginner, this much fee is something that I could not afford.

Noah trader
review TradeKing

They gave me my capital through bonus from and I have been making profits for myself. Leverage and spreads to my liking. Very comfortable trading with TradeKing. Since last year I have joined them. I have obtained extraordinary profits, beyond my expectations. 4 days ago they sent me the profit I requested, a total of $ 700.

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