OptionsXpress review


4.5-star brokerage firm rating


OptionsXpress Fees Schedule, IRA Accounts Rates, Margin Interest Rates, Cash Sweep, Stock Trading Costs, ACAT Fee in 2014



OptionsXpress Fees, Trading Commission Structure, and Investment Products


InvestmentsCommissions
Stocks and ETFs$8.95
Options$14.95 for up to 10 contracts, $1.50 per contract for over 10 contracts
Options Active Traders$12.95 for up to 10 contracts, $1.25 per contract for over 10 contracts
Mutual funds $9.95
Bonds$5 per bond, $9.95 minimum
Forex No commissions. optionsXpress receives compensation through the bid/ask spread.
Options on Futures $3.50 per contract
Spreads, Straddles & Combos2-10 contracts - $12.95 flat (active traders) $14.95 flat (non-active traders); 10 + contracts - $1.25 per contract (active traders); $1.50 per contract (non-active traders)

Investments stocks, options, mutual funds, bonds, futures, options on futures, covered calls, forex, ETFs
OptionXpress minimum deposit to open account $0 for cash account, $2,000 for margin account



OptionsXpress Margin Rates


Debit Balance Margin Rate
$0 - $49,999 8.25%
$50,000 - $99,999 7.25%
$100,000 - $249,999 7.00%
$250,000 - $499,999 6.75%
$500,000- $999,9999 6.50%
above $1,000,000 6.00%



OptionsXpress Cashiering Fees


Overnight Check Delivery - Domestic Fedex $15.00
Saturday delivery $40.00
Overnight International $30.00
Stop Payments $15.00
Bounced Checks $20.00
Bounced ACH $20.00
Wire - Outbound Domestic $15.00
Wire - Outbound International $30.00
Full Outgoing Account Transfers $60.00



Other OptionsXpress Fees


Exercise or Assignment $8.95 Each
Physical Stock Certificates $500.00
IRA Account Termination $50.00
DRS Statement Registration $50.00
CBOE Options Regulatory Fee* $0.0105 / Contract

OptionsXpress may pass-through, or request fees for manual, complex or risk-involved services like foreign securities custody, Rule 144 sales, special investment products, free stock transfers, COD transactions, and other institutional or non-automated services. Cashiering services such as overnight delivery, returned checks, returned ACH transactions, and stop payments may also incur fees.

Additionally, OptionsXpress pass on regulatory levies on the sales of equity transactions at a current rate of $25.70 charged for every $1,000,000.00 in sales. This fee is listed on your official trade confirmation if applicable.



OptionsXpress Incentive, Review and Website Link


Read full Optionsxpress Review.

OptionsXpress incentive: Open OptionsXpress account and get $100 free.

OptionsXpress fees are as of 2014 and are subject to change. For the most recent information go to their website:


OptionsXpress review

This article was updated on 9/26/2014.



Related articles

Please share us with your friends





Online broker promotions:
Copyright ©2009-2014 Brokerage-Review.com. All rights reserved.
The stock brokerage firm you select is solely responsible for its services to you, the user. Brokerage-Review.com shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of a brokerage house's services. Brokerage-Review.com has partner relationships with other companies. As a partner, we often provide reviews of products and services based on our personal opinions. We are not compensated for positive reviews. While we strive to make sure that the information we present here is true and accurate upon publication, the rates and offers that we share with you may change without notice, so please visit the sites we reference for more up to date information.