My #1 Options Broker? Click HERE
I used to trade options. A lot. And by a lot, I mean I was trading $10,000 orders a few times a month. So, a lot for a kid in college.
I tried a number of different brokers for my options trading. E*Trade, Ameritrade, and OptionsXpress.
Best Options Broker
Hands down, for options trading the best options broker is OptionsXpress.
Why? The tools man. Options trading is complex. It’s way more complicated than a simple buy or sell of a stock. There are literally thousands of options strategies.
OptionsXpress’s platform really lowers the learning curve for the beginning options trader. The interface is intuitive and they have a wealth of online guides and webinars to help you learn everything.
Pricing and Customer Service
Their pricing is competitive as well ($15 for a 10 contract limit order). I never had any problems with execution, I remember it being fast. They have online support when you forget your password (I had to do that like twice!)
I still have my optionsxpress account, and if I ever get back into options trading, I’ll be funding that again. For general stock trading, I recommend Zecco. But for options, the choice is a no-brainer.
Click HERE to setup your account at OptionsXpress in about 9 minutes online.