http://www.traderslog.com/optionsxpress/ Online Trading Community for Stocks Futures and Forex Traders Tue, 27 Dec 2011 07:21:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.traderslog.com/optionsxpress/comment-page-1/#comment-285 Small Trader Fri, 26 Feb 2010 08:16:27 +0000 http://qs2506.traderslog.com/?p=8244#comment-285 A great broker for the new trader I think. The platform is easy to learn I found but like mathew says their commissions will hurt you. Great though to start virtual trading. A great broker for the new trader I think. The platform is easy to learn I found but like mathew says their commissions will hurt you.
Great though to start virtual trading.

]]> http://www.traderslog.com/optionsxpress/comment-page-1/#comment-120 Matthew Thu, 19 Nov 2009 01:24:58 +0000 http://qs2506.traderslog.com/?p=8244#comment-120 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. 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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