Anyone here using OptionsHouse?
I have an account with Sogotrade, but I'm not too impressed with their speed of executing trades, also not a fan of the interface.
I heard a lot about OptionsHouse. According to a ranking methodology by Barron's, OH got a total score of 4.0 where as Sogotrade got a 3.
Here is a link: http://s.wsj.net/public/resources/documents/BA-On…
Anyways, I opened up a virtual account with OH, and so far everything has been good. What I wanna know is this - before I go into the mess of doing an ACAT transfer and deal with all the paperwork - does anyone have any thoughts on OH?
Im not a frequent trader, I only trade stocks maybe a couple of times a month. Having said that, I don't have a lot of $$ to trade with, so I'm sensitive to trade prices.
Do you trade options? or just stocks...? Yeah I know what ya mean about the money part, I trade also, just stocks. I can't get approved for the options agreement yet, I really wanna do some covered calls, that kind stuff.. Dude, look at tradeking.....it won like best online brokerage every year. check em out
You can try Lightspeed. They have a new platform- web trader- that has no market data costs (as opposed to their regular platforms). The trading fee is low, 0.0035 per share ($0.40 for odd lots though if under 100). Options are $0.50 per contract. Platform's a little slow though imo, I'm guessing b/c it's new and not a lot of people are on it. Worth a look though.
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