5-star brokerage firm rating


TradeKing Minimum Deposit to Open Account



At TradeKing investors could open a new brokerage account with $0 down for cash account and $2,000 for margin account.




TradeKing Brokerage Commissions


  • Stocks and ETFs: $4.95 (for stocks over $2)
  • Options: $4.95 plus $0.65 per contract (for up to 8 contracts) and $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/bond ($14.95 minimum)
  • Treasuries: $24.95 per transaction
  • Certificates of Deposit (CDs): $24.95 per transaction



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