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TradeKing Advisors Review 2017

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TradeKing Advisors has seen rapid changes since its launch in 2014, all of them benefiting the consumer. The management fee and account minimum are now significantly lower: Management costs just 0.25% — or $1 a month for balances under $5,000 — and investors can open an account with $500.

The company also brings a diversified portfolio of up to 17 asset classes and a range of account types, including business accounts rarely offered by a robo-advisor. TradeKing Advisors accounts integrate with TradeKing, a well-respected online broker. Both brands were purchased by Ally Financial in 2016.

Management fee: $1/month for balances under $5,000; 0.25% annual fee on balances of $5,000 or more

Account minimum: $500

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