Options house, Option house, Optionhouse review



100 Free Trades at OptionsHouse.com
 

Optionshouse Review 2010: lowest commissions, good service and no fees

Optionshouse Promotional Code: click picture to the left to get 100 Free trades


Optionshouse Commissions, Investment Products and Account Minimum


  • Stocks and ETFs: $2.95
  • Two plans for options:
    1. Up to five contracts for $5; each additional contract $1
    2. $8.50 + 0.15/contract rate (great if you trade over 10 contracts)
  • Mutual Funds: $9.95
  • Orders for U.S. treasury bonds and listed corporate bonds are accepted by phone
  • Investments: stocks, options, mutual funds, bonds, ETFs
  • Minimum to open account: $1000 for cash account, $2000 for margin account
  • All Optionshouse fees


OptionsHouse New Account Application

OptiOptionhouse's New Account online application was easy and fast. Customer service called next day to make sure everything was in order. We had to fax two paper forms to transfer existing IRA account; we would have preferred an option of emailing scanned forms.

New account is immediately funded with $5,000 of virtual money and customers could start trading right away. Paper trading is a great learning tool for practicing and developing trading strategies without risking hard-earned money.

Accounts offered at OptionsHouse: Individual, Corporate, Roth IRAs, SEP IRAs, Traditional IRAs, Joint, UTMA, UGMA, Trusts, Partnerships, Investment Clubs, and Educational IRAs.


OptionsHouse.com Trading Tools Review

Optionshouse review

Optionshouse.com offers many trading tools: risk viewer, streaming charts and news, volatility charts, a probability calculator, Put and Call spread investigators and much more. All tools are customizable, intuitive and easy to use.


Optionshouse Pros/Advantages

  • 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 accounts
  • No volume requirements and inactivity fees
  • Free check-writing privileges
  • No surcharges for large orders, penny stocks and extended hours trading
  • Very low margin rates


Optionshouse Cons/Disadvantages

  • Might not be the best for beginner investors


Optionshouse Review Summary

Don't let the name full you - OptionsHouse is not just for options traders. The firm also provides excellent services and prices for stocks, ETFs, mutual funds and bonds investors. OptionsHouse offers great $2.95 flat rate commission for stocks, two great plans for options traders and $9.95 flat-rate commission for mutual funds. The firm has no account balance minimums, no volume requirement and no minimum number of trades requirement to get these low commissions.

We see no reason to overpay a brokerage company to buy/sell stocks. Optionshouse provides the cheapest stock commissions without compromising on customer service, quality of trading tools and reliability. Barron's rated OptionsHouse "#1 for Options Traders" in 2009 online stock broker survey and the firm is one of our Recommended Brokerages.

Because of no IRA fees, Optionshouse is one of the Best IRA Brokerages. Unlike most other companies, the firm has no fees and surcharges on account inactivity, penny stocks, or large orders.


Optionshouse Promotion Code: click link below to get 100 FREE trades sign up bonus or ACAT100REFUND (code to transfer existing account for free):



Optionshouse review


Optionshouse Promotional Code 2:


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