» OptionsXpress Review & $100 Promotional Code

OptionsXpress has been in the online trading business for about 10 years now, and is considered one of the pioneers of online trading options. With over 300,000 clients nationwide, they have already made their mark in the industry as one of the most stable and dependable online traders today. The company boasts of its solid reputation that is also acknowledged by independent financial rankers such as Forbes, SmartMoney, Barrons and Kiplinger's. Any newbie or savvy investor will find the services that OptionsXpress provide an asset to their online trading experience.

OptionsXpress offers an all-in-one trading interface where you can buy and sell stocks and bonds, mutual funds, options, futures and ETF (exchange traded funds) that you can consolidate on one convenient account.

Your personal information is safe with OptionsXpress, and so are your funds, through the insurance coverage provided by the Securities Investor Protection Corporation (SIPC) with each account insured up to $500,000. Insurance only covers financial losses that result from negligence or financial failure of the company, and not those that result from depreciation in asset value of stocks and other products being traded.

There is no minimum investment required to open an account with OptionsXpress, and they charge affordable fees for each trade. This online broker charges a commission of $9.95 for stocks, $2.99 for each futures contract, and $15 for 10 options contracts. You can even get a "wholesale trade price" where they would reduce the charges if you make at least 35 options trades in one month, and you only have to pay $12.95, instead of $15.

There are no hidden fees, nor annual maintenance fees, inactivity penalties and no minimum account balance that has to be maintained. It works so well especially for those who are new in the online trading business and who would not want to get their funds tied up in one product.

For a more in depth look at the commission fees at OptionsXpress, read this OptionsXpress review.

Once you sign up for an account with OptionsXpress, you get access to all the trading tools and information resources which can help you make smart decisions on your trading positions. You can see streaming news, updated analyst reports, calculators, and online charts that can all help you to make quick and smart decisions.

If you are a rookie on trading securities, you can create a virtual account and get the feel of the trading activity before you fund your account. OptionsXpress is even integrated with a mobile trading platform, which will allow you to check your balances online and the performance of stocks you are monitoring by using your mobile phone.

All these features of can make investors convinced that OptionsXpress is the right online broker for them. But don't take my word for it, see for yourself and find out how OptionsXpress can help you realize financial gains through online trading.

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