Tradeking Product Details

Our goal is to offer you a unique and first–rate brokerage experience – next generation web–based trading and tools that are easy to use and backed by guaranteed customer service.

Our pricing is fair and simple: For stock trades, we charge $4.95 per trade. For option trades, we charge $4.95 per trade, plus 65 cents per contract. That’s it.

At TradeKing, we charge the same rates to everyone – beginner or expert, large account or small, regardless of how often you trade with us, for both Market and Limit orders, with no hidden fees. We think that’s fair and simple.

We offer content, tools and functionality specially geared for Stock and Option traders.

TradeKing is a privately held NASD member brokerage firm. Each account is protected up to $25 million through SIPC and our clearing firm.

Our corporate offices are located in Boca Raton, Florida. Our technology is developed on Wall Street and hosted at multiple redundant locations throughout the U.S. deploying state–of–the–art security standards.

TradeKing’s Management Team

TradeKing’s management team has deep roots in the online brokerage industry and reunites the original SureTrade, Inc. management team. We have over 100 years of combined experience in Financial Services, primarily in online brokerage including tenures at SureTrade, Quick & Reilly, Merrill Lynch, E*Trade, Datek, AmeriTrade, Smith Barney, Fleet Bank, Bank of America Securities, Charles Schwab, H & R Block Financial Advisors, Morningstar, Lehman Brothers, Robert W. Baird & Co., OptionsXpress, FolioFn, and U.S. Clearing.

Donato A. Montanaro, Jr., TradeKing’s founder and CEO, has been recognized for his groundbreaking contributions in electronic brokerage since he entered the industry in 1992, when online trading meant connecting to a broker through CompuServe with a 1200–baud dial–up modem.

Montanaro was the founder and President of SureTrade, which launched in 1997 with the lowest online trading commissions at that time – $7.95. SureTrade grew to be the 8th largest online broker before merging with Quick & Reilly’s online brand as part of Fleet Bank and Fleet Financial.

TradeKing’s Board of Directors

Our outside directors include Peter Ianello, former President and CEO of Swiss Bank’s SBC Capital Markets, Inc., and Jerry Callaghan, Chairman of Legent Clearing Corp. and former Senior Managing Director of Bear Stearns.

TradeKing’s Backers

Beyond TradeKing’s founders, our financial backers are some of the most trusted names in the Financial Services industry. Our investors are known for innovation and steeped in entrepreneurial, brokerage and trading traditions.

We are proud to have the support of the Quick family, of Quick & Reilly fame. Quick & Reilly was the first NYSE member firm to offer discounted stock trading commissions to retail clients after market deregulation in 1975.

We are also backed by OCA Ventures, the investment arm of the partners who led O‘Connor and Associates – the Chicago–based pioneers of standardized Option trading back in 1977.