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Margin Account Charges

Interest charged on Margin Balances

$0 -
$49,999
4.45% Broker Call + 2.45%
$50,000 - $499,999 3.45% Broker Call + 1.45%
Over $500,000 2.45% Broker Call + 0.45%

Interest charged on Margin Balances

$0 -
$49,999
6.50% Broker Call*
+ 3.75%
$50,000 - $99,999 5.50% Broker Call + 2.75%
$100,000 - $249,999 5.25% Broker Call + 2.50%
$250,000 - $499,999 5.00% Broker Call + 2.25%
$500,000 - $999,999 4.75% Broker Call + 2.00%
Over $1,000,000 4.25% Broker Call + 1.55%

*Broker call is a variable rate currently at 2.75% as of Jan. 2009

Tools

(Paper trading, trading strategies)

Covered Call Investigator - Scans the universe of equity options to find covered call ideas.

Call/Put Investigator - Scans the universe of equity options to find call-put spread ideas

Customizable Watchlist

Enhanced Charting - Advanced charting package that allows you to track performance in multiple time frames and configurations.

Option chains displayed; flexible risk monitoring tools and comprehensive account reporting.

Virtual trading tool allows you to test various strategies.

A plethora of trading tools can be found on this site, including:

Chains - An all-in-one screen for real-time quotes, intrinsic and time values, and complex spread construction.

Chart Patterns - Up to twenty stocks ranked by how closely they meet your interests and spending limits.

XpressCharts - Mix and match technical studies until you find a picture that best suits you.

The Dragon - Scan the market for stocks and options that match your chosen criteria.

FleXCharts - Streaming charts let you customize your view of the market. 

The Screener - Canvas the market for potential opportunities based on your preset criteria. 

StrategyScan - Find a strategy that aligns with your investing goals, trading experience and risk level.  

Trade Calculator - Determine risk and reward, check potential buying power, and more.

TradeWizard - Step-by-step guide through an entire order ticket for both basic and advanced trades.  

Virtual Trade - Real-feel account screens, tools and resources to the test without putting any money on the line.

Xspreads Spread Book - Shop for potential spread trading opportunities in one convenient location.

Platform

(web based, software download, etc) / PLATFORM RATES

Web based / no platform charges or data charges

Web based / no platform charges or data charges

Educational Content

(webinars, seminars and live classes)

Live seminars in select cities; frequent online webinars; links to educational content partners such as the Options Industry Council.

Live virtual webinars, on-demand investor education content, on site live seminars in select cities.  Also, company offers novice, intermediate and advanced education on options, futures, stocks, bonds, ETFs and mutual funds. 

Market Data Services

Quotes, news, charts

The Quote Detail page offers detailed information including current & historical quotes, news, charts and more.

Mentoring or Coaching Services

Auto Trading accounts (see Trading Services)

Offers personal coaching designed to develop a trading plan to help manage risk and get the most out of the tools and resources made available from optionsXpress.

Trading Services

Auto Trading - This service directs Options House to make trades in your account based on the recommendations of a newsletter published by one of their auto trading newsletter partners.  Auto trading accounts will be set up to follow recommendations initiated by the newsletter (chosen by you, the customer). Investment recommendations are made by the newsletter staff.

 

 


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