TradeMonster reveiws

TradeMonster reviews, ratings, pros and cons, complaints from brokerage customers


TradeMonster Ratings


TradeMonster average user rating: brokerage firms reviews
TradeMonster BrokerageReviews.org rating: 4-star brokerage firm rating

TradeMonster Review: Stocks, ETFs & Options Trading Commissions


  • Stocks and ETFs: $7.50
  • Options: $0.50 per contract, min. $12.50 for single leg orders; $15 min. per spread for multi-leg orders
  • Futures: $1.50 per contract
  • Mutual Funds: $15 to buy, $0 to sell
  • Bonds: $15


Minimum To Open TradeMonster Online Brokerage Account


$2,000


TradeMonster Promotional Code/Offer/Bonus 2012


Get up to $250 in transfer fees reimbursed: tradeMONSTER!


TradeMonster Promotional Code/Offer/Bonus - 30 Days Free Trading


Trade Commission Free for 30 Days at tradeMONSTER

TradeMonster Reviews


    by RICHARD, 11/22/2011

Pros:

Cons:

I transfered over $20,000 into 3 accounts with trademonster. I talked with customer service mutliple times and was satisfied. However, I cancelled a trade, and it took 2 days to go back into my account. So, I moved my money. Trademonster CHARGED ME $400 to move my money. RIP OFFS.


    by gitrader, 4/16/2011

Pros:

Cons:

Extremely incompetent. I tried as a foreign customer to open an account but completely absent. responses from a mail and another 2-3 days and often do not respond either. customer service for foreign totally inefficient. to open an account after 20 days still continued to say that something was missing. resolved that more was needed. it seemed that you were making fun. I opened my account with another broker after 2 days. perfect. for foreigners to avoid completely. stay away from trademonster


    by OPTIONVILLAIN, 10/21/2010

Pros:

Cons:

Trade Monster… Has the Most Knowledgeable Staff on the Street. Highly Recommended for the Beginner in the Trade to the most Experienced of Investors.


    by Mike, 6/22/2010

Pros:

Cons:

The platform is wicked good - unlike anything I have seen thus far (and I've been trading for many moons). Pricing is more than fair...especially for certain trade setups/strategies.

For a relatively new company, I've been pleasantly surprised by their service and support...it feels like they've been doing this for decades (they probably have - I think there are some veterans behind this company from what I've read/researched/heard).


    by Derivative Master, 5/2/2010

Pros:

Cons:

Love the paper trading with options that they have on their platform. Hard to find a good one of those, entering multi-leg orders is easy and the P&L diagrams are very helpful.


    by Brokerage-Review.com, 4/20/2010

Pros: No-fee IRAs. No inactivity or account maintenance fees.

Cons: Additional 1.5 cents per share for extended hours trades.

tradeMONSTER offers excellent trading tools and a great price for investing in mutual funds -- $15 to buy and free to sell. Barron’s rated tradeMONSTER 4.5 stars (out of 5) on their Trading Platform, Usability, Research and Educational Resources, Portfolio Analysis and Reporting Tools.

One of tradeMONSTER's coolest features is the ability to practice trading stocks or options with paper (virtual) money, using all of the tools available. Another interesting feature is Exit Plan, where users create exit strategies for your trades by focusing on profit targets and by monitoring your stop-loss and exit points.

tradeMONSTER is a great choice for people investing in mutual funds or for beginning investors. Since there are no IRA and inactivity fees, tradeMONSTER also is one of the best IRA brokerage firms.


    by Csquared Trading, 4/19/2010

Pros:

Cons:

Guys,

I used trademonster for 6 months and the best part about them was that I haggled them down to $5 per trade, and with the service that I had from them, this was an unbeatable fee. However my partner did once manage to get 500 free trades from Ameritrade and $5 on each side for those trades as well. Trademonster has a really cool platform, way better than etrades website etc. Trademonster had a few down sides. One of them was the fills that I was receiving. I would get bad fills on my trades, not so fun. The customer service was fine, Katie was the best one to talk to while I traded with them. Hope this helped, overall a fine experience.


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Brokerage reviews from customers/users/consumers. Broker ratings, promotional codes, scam reports/complaints, pros and cons, stocks, options, ETFs, mutual funds trading/invseting commissions/fees for 2012. Consumer opinions and feedback on brokerage services.
TradeMonster reviewed by BrokerageReview.org users. 7 customer reviews. Rating: 4.
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