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Lowest options commissions: brokerage firms with best options trading fees
Below we are listing online stock brokers with the cheapest options commissions.
All brokerage companies in the list are members of FINRA/SIPC.
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Plan 1: first up to 5 contracts for $5, each additional $1
Plan 2: $8.50 + 0.15/contract rate (great if you are trading over 10 contracts)
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OptionsHouse is the cheapest brokerage to trade options. The firm offers two plans for options traders:
1. first up to 5 contracts for $5. Each additional is $1 per contract.
2. $8.50 + 0.15/contract rate (great if you are trading over 10 contracts).
OptionsHouse has no account balance minimums, no minimum number of trades and no volume requirements
to get these options commissions.
Barron's magazine rated OptionsHouse "#1 for Options Traders" in 2009 online stock broker survey.
Read full OptionsHouse review.
OptionsHouse
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$0.50 per contract, with a minimum commission of $12.50 for single leg orders and $7.50 per leg for multi-leg orders.
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tradeMONSTER offers excellent trading tools and great price for trading options.
Barron’s magazine rated tradeMONSTER as a 4.5 star (out of 5)
on their trading platform, usability, research and educational resources, portfolio analysis and reporting
tools.
One really cool feature offered by tradeMONSTER, is the ability to practice trading stocks or options with
fake money, using all of the tools available.
tradeMONSTER is a great choice for people trading options, beginners or, since there are no fees,
for an IRA account. You need $2,000 minimum to open cash account. Read full
tradeMONSTER review.
tradeMONSTER™
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$4.95 plus $0.65 per contract
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Zecco charges just $4.95 plus $0.65 per contract commission to trade options.
It also offers very low $4.95 stock/ETF trade commission.
Zecco offers the best options exercise fee of all brokerage firms in 2012 - $4.95.
There is no account minimum and no inactivity fees.
Read full Zecco review.
Zecco
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