OptionsHouse Review

Best brokerage firm for IRA rollover in 2012




Optionshouse IRA Rollover Commissions

  • Stocks and ETFs: $3.95
  • Stocks and ETFs Broker assisted: $3.95
  • Two plans for options:
    1. Up to five contracts for $5; each additional contract $1
    2. $8.50 + 0.15/contract (great if trading over 10 contracts)
  • Two plans for spreads:
    1. Up to 10 contracts for $10; each additional contract $1
    2. $12.50 + 0.15/contract
  • 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 Optionshouse account: $1,000 for cash account, $2,000 for margin account
  • All Optionshouse fees


Optionshouse IRA Rollover Pros

  • Lowest commissions
  • Free streaming quotes
  • 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, maintenance and inactivity fees
  • Free check-writing privileges
  • Free DRIPs (complete shares only)
  • No surcharges for large orders and extended hours trading
  • Very low margin rates
  • Free virtual trading


Optionshouse IRA Rollover Cons

  • For stocks priced $2 or less that are not options eligible, add $0.005 per share for the entire order
  • Shortened extended hours trading: 8:00 am - 9:30 am and 4:00 pm - 5:00 pm EST
  • International investors are not accepted


Optionshouse IRA Rollover 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 $3.95 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.

Because of no IRA fees, Optionshouse is one of the Best IRA Brokers and it is an excellent choice for IRA rollover. Unlike most other companies, the firm has no fees and charges on account inactivity, extended hours trading, or large orders.


Optionshouse Promotional Code/Offer:


Open an IRA at OptionsHouse Today and Get 100 Commission-Free Trades and up to $125 in Transfer Fees. Optionshouse Reviews

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