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Topic: Best online broker for options

netguy81
Member

Rate Member

posted

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 !!

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Market Correction - The value of the stock always decreases after i buy it

Posts: 317 | Registered: Feb 2007 | IP: Logged |

SherriT
Member

Member Rated:

posted

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

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Study before you buy, Sell before you think about it....

Posts: 3903 | From: Gulf Coast | Registered: Jun 2006 | IP: Logged |

Jenna
Member

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posted

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.

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..just remember....Family is EVERYTHING!!

Posts: 3944 | From: Rochester, NY | Registered: Sep 2006 | IP: Logged |

Chart walker
Member

Member Rated:

posted

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]

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The "BIG PICTURE" http://www.businessjive.com/nss/darkside.html

Posts: 5449 | From: USA | Registered: Feb 2006 | IP: Logged |

Chart walker
Member

Member Rated:

posted

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]

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The "BIG PICTURE" http://www.businessjive.com/nss/darkside.html

Posts: 5449 | From: USA | Registered: Feb 2006 | IP: Logged |

netguy81
Member

Rate Member

posted

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

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Market Correction - The value of the stock always decreases after i buy it

Posts: 317 | Registered: Feb 2007 | IP: Logged |

Chart walker
Member

Member Rated:

posted

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 ~

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The "BIG PICTURE" http://www.businessjive.com/nss/darkside.html

Posts: 5449 | From: USA | Registered: Feb 2006 | IP: Logged |

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