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2012-02-03 03:37:00 - By

Opening an IRA Account





Thinking about opening up an IRA (Individual Retirement Account) but don't know where to open an account?

First off, you've made a wise choice in choosing to open up an IRA.

Second, opening up an IRA account (whether it's a traditional IRA, Roth IRA, Rollover IRA or any other kind of IRA account) shouldn't give you a headache. Most online brokers have the account opening process down to a science - opening up an account shouldn't take you more than 10-15 minutes at the very most.

TradeKing.com is an online stock and options broker that can definitely take care of your IRA needs.


Tradeking logo - Large size


TradeKing has received a 4 Star rating from Barron's five years in a row (2007-2011).

In addition, TradeKing has received a coveted 5 Star rating from SmartMoney for five years in a row and has been named by the publication as having the top rating Customer service and tools.

TradeKing offers traditional, Roth and Rollover IRAs. There are NO annual fees, and TradeKing will also credit you $150 in transfer fee reimbursements if you are completing an account transfer of $2,500 or more from another broker.

In addition, equity trades are just $4.95 per trade, which is a pretty decent price (compare $4.95 to what some of the banks will charge you per trade).


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