Options involve risk and are not suitable for all investors. Click here to review the Characteristics and Risks of Standard Options brochure before you begin trading options. Options investors may lose the entire amount of their investment in a relatively short period of time.
Online trading has inherent risks due to system response and access times that vary due to market conditions, system performance and other factors. An investor should understand these and additional risks before trading.
†$4.95 for online equity and option trades, add 65 cents per option contract. TradeKing charges an additional $0.35 per contract on certain index products where the exchange charges fees. See our FAQ for details. TradeKing adds $0.01 per share on the entire order for stocks priced less than $2.00. See our Commissions and Fees page for commissions on broker-assisted trades, low-priced stocks, option spreads, and other securities.
* TradeKing received 4 out of 5 stars in Barron's 12th (March 2007), 13th (March 2008), 14th (March 2009), 15th (March 2010), 16th (March 2011), 17th (March 2012), and 18th (March 2013), and 19th (March 2014) annual rankings of the Best Online Brokers based on Trade Technology, Usability, Mobile, Range of Offerings, Research Amenities, Portfolio Analysis & Reports, Customer Service & Education, and Costs. Rated among the "Best for Options Traders" 2008-13. Barron's is a registered trademark of Dow Jones & Company © 2013. TradeKing received 4 and a half stars for Customer Service by stockbrokers.com in their 2014 Broker Review along with being named #1 Trader Community in their 2013 and 2014 Broker Surveys. The survey was based on the following categories: Commissions & Fees, Ease-of-Use, Platforms & Tools, Research, Customer Service, Offering of Investments, Education, and Mobile Trading. Documentation supporting TradeKing's service and tools awards and claims are also available upon request by calling 877-495-5464 or via email at email@example.com.
All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice. You alone are responsible for evaluating the merits and risks associated with the use of TradeKing's systems, services or products.
Multiple-leg options strategies involve additional risks, and may result in complex tax treatments. Please consult a tax professional prior to implementing these stategies. Implied volatility represents the consensus of the marketplace as to the future level of stock price volatility or the probability of reaching a specific price point. The Greeks represent the consensus of the marketplace as to how the option will react to changes in certain variables associated with the pricing of an option contract. There is no guarantee that the forecasts of implied volatility or the Greeks will be correct.