Tradeking is late again

Discussion in 'Order Execution' started by zebrabreath, Dec 23, 2008.

  1. I use an autotrade program on one of my Tradeking accounts, and the last two trades have been very weak in comparison to the other brokers. For instance, + 0.47% for Tradeking vs. 1.70% to 2.27% for the other brokers.
    Has anyone else used Tradeking, what is your experience? I am unfamiliar with how market orders get filled. Is it faster with other brokers because they have better software or hardware? Any recommendations. I am using retirement funds, so I gotta stick with basic longs, ETFs and options. What is a good broker for this type of trading?
  2. Hi,

    I did use Tradeking when I first started trading because
    their commissions were low. However, I realized that
    it was not really worth it. The amount of time it took
    me to place an order and/or change it was so big
    that I lost more in timing than the amount I saved in
    getting in/out of a trade.

    Try some other broker: options xpress or think or swim
  3. Thinkorswim and options express were two of the others I was comparing Tradeking to, and they both were better at filling orders. Thanks for the feedback. I just opened an account with Thinkorswim, and they may just get all my Tradeking $. I'll see how it goes.