best options trading broker



Optionshouse - best options trading brokerage company in 2012





Optionshouse Options Commissions

  • Two options commission plans:
    1. Up to five contracts for $5; each additional contract $1.
    2. $8.50 + 0.15/contract rate (best if trading more than 10 contracts).
  • $3.95 flat-rate commission for ETFs and stocks.


Types of Accounts

With OptionsHouse you could open the following accounts: Individual, Corporate, Roth IRAs, SEP IRAs, Traditional IRAs, Joint, UTMA, UGMA, Trusts, Partnerships, Investment Clubs, and Educational IRAs.


Trading Platform

Optionshouse review

Optionshouse.com offers lots of trading tools: risk viewer, streaming charts and news, volatility charts, a probability calculator, Put and Call spread investigators and much more. All tools are customized for ease-of-use by traders.


Pros

  • Great commissions
  • Very good trading tools and charts
  • Virtual trading available
  • Extensive educational materials


Cons

  • $0.005 per share surcharge on stocks priced $2 or less that are not options eligible
  • 2x margin (many brokers offer 4x margin)


Summary

OptionsHouse offers great $3.95 flat commission for ETFs and stocks, as well as two great, cheap plans for options traders. The firm has no account balance minimums, no volume requirements and no minimum number of trades to get these low commissions.

OptionsHouse has no IRA setup or maintenance charges and the firm's customer service is very good. In 2009 Barron's Magazine rated OptionsHouse "Best For Options Traders". All this, we believe, makes OptionsHouse the best online options trading broker. Full review: Optionshouse Review.


Link to Optionshouse New Account Promotion - 100 FREE trades:


Optionshouse account



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