Online Stock Trading Web

Need serious help with your online stock trading activities? If yes, then optionsXpress is for you!

Over the years, optionsXpress has been recognized as one of the world leaders in online stock trading by some of the premier business news providers – Barron’s, Forbes, Kiplinger’s and Smart Money, and so somehow you are assured that optionsXpress will be like a one stop shop where in you can have everything you need.

And with a lot of tools that optionsXpress provides to help people like you learn the ins and outs of the stock market may it be in the field of trading stocks, mutual funds, bonds or options, you will surely learn a lot of stuff.

What’s more, optionsXpress also offers reasonable commissions and sets no account balance requirement, so if your having some headaches with money and all, be relieved now as optionsXpress offers affordable rates at all costs.

Possible Costs

Well, in terms of the possible costs, you won’t surely spend that much on optionsXpress. As aforementioned, optionsXpress offers reasonable commissions and sets no account balance requirement. About the commission, it’s only for $9.95 or $14.95 on all orders, even in case of broker–assisted orders.

Well, somehow this is already a great relief on your part as some brokers nowadays inconsiderately charge large amounts just for the assistance. For options contract on the other hand, optionsXpress charges $1.50.

So far, optionsXpress does not offer the possible cheapest rates, fees, commissions, etc. but optionsXpress costs is already reasonable, most especially if you make at least 9 trades every quarter. Eventually this will already lead you to a $9.95 rate which is actually the “Stock Trader Rate”.

Investments Provided

When optionsXpress began in 2000, it just only focused on options and some equities, however, optionsXpress has made a great progress over the years and so as of today, it already extends a great range of investments – stocks, bonds, mutual funds, and even exchange-traded.

However, if you are looking for CDs or some other well known investments such as unit investment trusts and mortgage–backed securities, optionsXpress is not for you.

On the good side, if your planning to finance you own or someone’s higher education, then optionsXpress might work for you. optionsXpress provides IRAs to keep your retirement and education savings plans even custodial accounts and Coverdell ESAs safe.

Tools and Features Offered

Well, among all the online brokers at present, optionsXpress is actually the best to provide tools and useful features. Generally speaking, optionsXpress has everything you will need to make sound and good investment decisions.

Basically, optionsXpress provides charts, calculators, analyst research reports, streaming news, and even level I and level II quotes. And perhaps the nicest thing, with optionsXpress, you can uniquely customize your tools and streaming reports according to your trading style and needs as well.

Ultimately, with optionsXpress, you can add on alerts, experience the wonders of automated trading and virtual trading. Well in case you don’t know, automated trading and virtual trading are products of technology that allows you to trade efficiently.

With the automated trading, optionsXpress will automatically buy or sell securities according to your set criteria and with virtual trading, you can buy and sell securities with virtual money, this is actually a great way to see how things will be if you have had trade in real money.

Security and Ease of Use

In terms of security, you won’t have any problems about it when you opt for optionsXpress as it actually take security issues carefully and earnestly. Not to mention the fraud protection optionsXpress provides and its being a SIPC (Securities Investor Protection Corporation) member.

While in terms of ease of use on the other hand, optionsXpress extends the most efficient, easy–to–navigate page where in you’ll see sections clearly by tabs. In fact, even if you are just a beginner, everything will seem to be easy and understandable for you, even when it comes to the trading platform, you won’t have problems for optionsXpress has webinars that will guide you all throughout.

Customer Support

The customer support of optionsXpress is very accessible though optionsXpress only have two offices nationwide. In case you encounter some problems, you can actually lay them down through live chat, email or the telephone anytime of the day or night.

Summary

In general, optionsXpress is a user-friendly, efficient stock trading aid that contain the advanced tools needed so you can make some really profitable investment strategies. Also, optionsXpress as aforementioned, is a one stop shop that has more than enough training and support that people just like you will ever need.

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