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optionsXpress

Categories: Options,Stock

optionsXpress is a pioneer in online options trading, headed by a unique management team with over 30 years combined experience in the options marketplace. David Kalt, James Gray and Ned Bennett came together in late 1999 with a shared vision to build a better online brokerage for the retail option investors.

Website: http://www.optionsxpress.com/

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63 of 133 people found this review helpful

optionsXpress by Matthew

I have found optionsXpress to be a very good broker. The site is very user friendly, and there is plenty of good information. My only problem is that unless you are trading a decent number of contracts, the commissions can affect your trades, especially with spreads. I would recommend trading ten contracts per trade to take full advantage of the commissions you are being charged. If you hit your profit targets it doesn't matter so much, but the commissions can really start to add up if you're only trading a few contracts, and you have to get out of the positions.

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