OptionsXpress IRA Review
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OptionsXpress IRA review 2012: ROTH, Traditional, SEP, Simple, Rollover Retirement Accounts

$100 promotional code/offer: click picture to the left and open new account


OptionsXpress IRA Commissions, Fees and Investment Products

  • Stocks and ETFs: $8.95
  • Options (active traders): $12.95 for up to 10 contracts, $1.25/contract for over 10 contracts
  • Options (non-active traders): $14.95 for up to 10 contracts, $1.50/contract for over 10 contracts
  • Mutual Funds: $9.95
  • Bonds: $5 per bond, $9.95 minimum
  • Futures: 1-40 contracts $6.99; 41-100 contracts $5.99; 101-300 contracts $4.99; 301-1,000 contracts $3.99; 1,001 + contracts $2.99
  • Options on Futures: 1-40 contracts $12.99; 41-100 contracts $8.99; 101-300 contracts $7.99; 301-1,000 contracts $6.99; 1,001 + contracts $5.99
  • Covered Calls: $22.90 up to 10 contracts
  • Penny Options: 1-10 contracts $4.95 flat; 10 + $0.50/contract
  • Spreads, Straddles & Combos: 2-10 contracts - $12.95 Flat (active traders) $14.95 Flat (non-active traders); 10 + contracts - $1.25/contract (active traders); $1.50/contract (non-active traders)
  • Investments: stocks, options, mutual funds, bonds, futures, options on futures, covered calls, ETFs
  • Minimum to open OptionXpress account: $0 for cash account, $2,000 for margin account
  • All OptionXpress fees


OptionsXpress Retirement Account Fees


IRA Annual Fee: $0
IRA Setup Fee: $0
IRA Account Closure: $50


OptionsXpress New Account Opening

OptionsXpress has a blazingly fast new account application that doesn't sacrifice security: a checking account we linked used a deposit verification process and the next day we got a phone call from customer service to verify account information.

OptionsXpress offers all imaginable account types: Individual Account, Joint Tenants with Rights of Survivorship, Joint Tenants in Common, Trusts (Regular, Keogh, Profit Sharing Plan Trust, Money Purchase Plan), Corporate and LLC, Partnership, Investment Club, Custodial Account, Coverdell (educational IRA), Minor Roth, Minor Traditional, Custodial Traditional IRA, Traditional IRA, Rollover IRA, Roth IRA, SEP IRA, SIMPLE IRA.

The list of countries whose residents could open an OptionsXpress account is impressive: Argentina, Australia, Austria, Bahamas, Belgium, Belize, Brazil, Bulgaria, Canada, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Finland, France, Germany, Gibraltar, Greece, Guatemala, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Lebanon, Liechtenstein, Lithuania, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Panama, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Thailand, United Arab. Emirates, United Kingdom, Venezuela.


Full OptionsXpress IRA Review


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