Trisha Shetty (Editor)

TradeKing

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Type
  
Private subsidiary

Website
  
www.tradeking.com

Industry
  
Financial Services

Founded
  
December 2005

Key people
  
Donato A. Montanaro, CEO Richard J. Hagen, Jr. President & COO Thomas A. Desmond, Chief Financial Officer

Products
  
Stocks, options, ETFs, bonds, mutual funds, forex, financial advising services, online brokerage, IRA accounts, investment services

Headquarters
  
Boca Raton, Florida, United States

Parent organizations
  
Ally Financial, TradeKing Group, Inc.

Founders
  
Brian Overby, Donato A. Montanaro

Profiles

How to open register for a stock broker account at tradeking


TradeKing, a wholly owned subsidiary of Ally Financial, is a discount online brokerage firm, providing online trading tools for self-directed investors to buy and sell stocks, options, bonds and mutual funds via electronic trading platforms or by phone. TradeKing was founded in 2005 and has offices in Fort Lauderdale, Florida and subsidiary offices in Charlotte, North Carolina.

Contents

Tradeking trading platform review tutorial and tour part 2


History

The company was launched in December 2005 offering online brokerage services for active stock and option traders. The firm was an early user of social networking for investors and traders, offering free blog support and other Web 2.0-based tools to registered members and account holders since the firm’s inception.

In July 2007, TradeKing released the Options Playbook, a primer for options trading explaining common options trading strategies (or “plays”) in jargon-free terms.

On May 15, 2012, TradeKing and Zecco.com, announced they had agreed to merge their businesses.

On June 30, 2014, TradeKing announced the formation of TradeKing Advisors, an online advisor that creates a fully diversified portfolio and handles periodic re-balancing automatically.

On April 5, 2016, Ally Financial announced they had agreed to acquire TradeKing.

Competitors

TradeKing has numerous competitors, including:

  • Capital One Investing
  • Schwab
  • DriveWealth
  • E-Trade
  • Fidelity Investments
  • Firstrade Securities
  • Interactive Brokers
  • Merrill Edge
  • Robinhood Markets
  • Scottrade
  • SogoTrade
  • TD Ameritrade
  • Vanguard
  • References

    TradeKing Wikipedia