Allstocks.com's Bulletin Board: Best online broker for options

This is topic Best online broker for options in forum Options Picks and Talk. at Allstocks.com's Bulletin Board.

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Posted by netguy81 on :

Hi everyone

Can any of you experts here give me some info about which online brokers are good for trading options.

i use Scottrade for trading stocks but before i start using Scottrade for options, i want to get a second opinion.

Thanks a lot in advance !!

Posted by SherriT on :

I have Scottrade too - have not done any options trading with them though. I also have Choicetrade, and have been doing all of my trading there - cheaper commissions (75 cents per contract in most cases). I have been very impressed with OptionsXpress as well, although I have not done any actual trading. That is who I would check out if you are looking for other brokers....(them and ChoiceTrade)

All IMHO

Posted by Jenna on :

Hi netguy81,

I have Scottrade also.....but I opened a virtual account with OptionsXpress to do virtual trades & so I can get used to their format. It's ok...Scottrade is a tiny bit easier to use but I would rather keep my options trading with OptionsXpress for now....just my opinion.

Posted by Chart walker on :

Optionsxpress.com
Tradestation.com

-not the cheapest,... -but the best.
Look at their awards they get year after year.

-my 2 cents netdude ~
Chart [Smile]

Posted by Chart walker on :

oh, Optionsxpress also has a pop up window where you can chat with LIVE help anytime when the market is open, --any questions you have....

-that's nice, used it alot [Smile]

Posted by netguy81 on :

thanks a lot for all the info ...
and i got some work to do !!

Posted by Chart walker on :

btw...

You can open an account online with Optionxpress and have full run of the site and not even have your account funded...

Virtual trading, and their charting (java charts w/Phophet charts) I use all the time for trying out things I come up with. Powerful charts you can resize and with cloning you can have several charts running at once.

Awesome charts ~