OptionsXpress
optionsXpress, Inc
P. O. Box 2197
Chicago, IL 60690
Toll-free: 888-280-8020
General Description: OptionsXpress is a complete online option, stock, and commodity futures brokerage, that was built for option traders. The web site includes browser based and streaming watch lists, charts, and option chains.
Account Minimums: Individual - $2,000, IRAs - $2,000
Stock Commissions: $9.95 - $14.95 per stock trade.
Option Commissions: $1.25 - $1.50 per option contract with $12.95 - $14.95 minimum per trade. No additional ticket charge.
Futures Commissions: $2.99 - $6.99 per stock trade.
Options on Futures Commissions: $5.99 - $12.99 per futures option contract.
Options in IRAs: Approved clients are allowed to trade options in IRAs based on the trading level assigned to an investor. Trading in IRAs includes call buying, put buying, cash-secured put writing, spreads, and covered calls.
Trading Platforms:
- Browser based trading includes custom order entry screens for options, spreads, covered calls, stocks, or mutual funds, including contingent order and one-cancels-other order features.
- XTEND Customizable trading console lets you place trades, get real-time quotes and track your account balance, positions and watch lists from a single screen on your desktop.
Option Trading Tools:
- Trade and Probability Calculator: This new tool lets you create a profit and loss chart of any option trade you are considering.
- Virtual Trade: Use this no-risk platform to test your market
skills and enhance your understanding of various strategies.
- The Screener: The Screener lists possible stocks, options, mutual funds, and ETF investment opportunities.
- The Dragon: Use the Dragon to search for investments based on volume, volatility, and open interest.
- The Option Pricer: lets you manually adjust a number of variables to help determine the theoretical value of a given investment.
- StrategyScan: Set specific trade criteria and then review the potential profit and loss of an investment opportunity.
- Chart Patterns: Pick your price range, time-frame, market cap, and trend direction to see stocks that share a similar trend.
Web Site:
www.optionsxpress.com
| Looking for something specific? Search Our Site! |
| Return to Option Brokers from optionsXpress |