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This web resource is meant for accomplished traders who are interested in changing their broker and also beginners who are in search of their first broker. Every visitor to ForexRating can compare forex brokers available in the market nowadays and choose the best company to suit their needs. Apart from a comparative analysis of forex brokers, the web resource contains an honest rating of forex brokers which are ranked entirely on the grounds of your votes. By ForexRating, you can judge a degree of trust that traders put in a particular forex broker.

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TradeKing reviews

6/10 (votes 2402)

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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

Daniello trader

review TradeKing

09-02-22

I started to trade with TradeKing in a standard account, and I put a deposit about $50 to $100 because their minimum account size is $0 and get a profit that grows in every trading. The platform MetaTrader 4 works fast in execution with the real-time quotes, and their spreads are fixed 0.8 pips on EUR/USD, so I haven't seen it rise even during market volatile conditions. As a trader, I had some losses, but I could recover them because of their execution very fast. Their support team is helpful and pleasant. I'm pleased and I wish to trade long live in TradeKing.

Fewtis trader

review TradeKing

06-07-21

The affordable account registration at TradeKing is really tempting. Thankfully, I researched about the company first and I found a lot of complaints from its clients about the inefficient withdrawal process. According to them, the release of the money is always delayed and I don't want to risk my money on this poor service.

Shania trader

review TradeKing

17-05-21

Currently, Trade king is one of the recommended and well established forex trading platforms. I was surprised to discover so many trading instruments which is very convenient for every one. Their Platform is fast, great execution. Their commission fees also don't burden me, because the profit I get is pretty good. No requotes, instant execution, no slippages, and always get my profit within due time. I never meet some problem and anything is negative about Trade King, for me and my comunity this is the best broker.

Ashwill trader

review TradeKing

01-04-21

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

20-10-20

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.

Diclaim

Trading in the foreign exchange market and using leverage involve considerable risks and may cause a partial or complete loss of funds.

Make sure you possess sufficient skills and experience for this activity and are aware of possible risks.

TradeKing reviews

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