Comments on: Option Friendly Brokers

By: Keldon Ellis

Keldon Ellis — Thu, 03 May 2012 19:07:24 +0000

I trade using eoptions, it’s 10 cents an option but they do have hidden fees.

By: The naked strangler

The naked strangler — Sun, 29 Apr 2012 16:29:57 +0000

One of the reasons I stay with tos is that there are no commissions when I buy back an option for a nickel or less. For option sellers like me this is a great feature

By: Veg

Veg — Fri, 06 Apr 2012 05:05:02 +0000

I’m trying to compare optionshouse v/s eOption. For a credit spread, how much does it cost at eOption for, let’s say 25 spreads ?

optionshouse: $12.5 for spreads + 0.15/contract
For 25 spreads, this is 12.5 + (25*0.15*2) = $20

How about eOption ?

With $3/option and $0.10/contract, is it $8 ?

Can any of the eOption users confirm ?

Thanks !

By: Gary T. Aniello

Gary T. Aniello — Thu, 29 Mar 2012 02:20:01 +0000

Thank you so much for this email and Blog. I have printed it out and will read through it all, especially all of the comments. I am currently with ScottradeOptions>First, and in most areas I am extremely happy. But recently, in exploring alternatives, such as one I am looking at seriously, being TradeMonster,I realize that with the volume of trades I do each month (Options)I can actually save almost $250 per month in Fees. So far, my research tells me that they are also at least equivelent or better in other areas as well, such as tutorials, charting, what ifs, and multi spread scenarios, etc. Any suggestions, comments, recommendations, etc., from anyone would be greatly appreciated. Thank you. Gary (ganiello@aol.com)

By: Clay

Clay — Sun, 19 Feb 2012 15:30:05 +0000

Canadians, what trading services do you find to be the best in Canada I have RBC account good service but high on the fee side Lets try to nail down the absolute best value

By: Ben

Ben — Tue, 14 Feb 2012 22:12:53 +0000

I use OptionHouse for nearly a year now and am satisfied. Stocks 3.95 and options $5 for up to 5 and no other charges. I think you can also trade up to 10 options for 8.95 but I never trade that many.

By: Gilfin6606

Gilfin6606 — Tue, 14 Feb 2012 15:55:58 +0000

Hi Mark,
You mention “I can name at least 3 brokers that are far more cost effective” without mentioning the names. It’d be nice to release them. Th a lot

By: Jim

Jim — Tue, 24 Jan 2012 12:02:22 +0000

Has anyone had experience with ChoiceTrade.com??? If so I will appreciate all feed back.
Thanks and God Bless,

Jim

By: Sam Newman

Sam Newman — Thu, 19 Jan 2012 06:42:38 +0000

Why would anybody pay $8.95, 12.50 or any other fixed base amount plus .75 to 1.25 per option trade? Eliminate the base charge, pay only the per option fee saving thousands annually if you are an active trader.
A depreciated option buy-back at .01 and any assignments are commission-free. Shop around, it will create a new and important profit center for your account!!

By: Jim

Jim — Mon, 09 Jan 2012 14:43:08 +0000

I have been trading with Trade King but now looking for another broker, considering Option Express. They charge a little more but there platform has more to offer and easier
to use. Trade King seems to over run my stops by excessive amounts. I also have a disputed trade pending, meaning during the investigation my account is inactive online.