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Optionshouse - best options trading brokerage company in 2010
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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.
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.
- Lowest stock commissions in the industry
- Efficient trading tools
- No account minimums. Minimum initial funding size is $1,000 for a cash account and $2,000 for a margin account
- No fee IRA account
- No volume requirements and inactivity fees
- Free check-writing privileges
- No surcharges for large orders, penny stocks and extended hours trading
- Steep learning curve for people new to investing
OptionsHouse offers great $2.95 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.
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