Option trade broker
option trade broker optionsXpress » Stocks, Options & Futures. We're integrating with Schwab! plus Schwab's specialized resources and support. for equity and options traders.
Open a Schwab account. Looking to trade Futures? Already an optionsXpress client? Check out our upcoming webinars led by the. Check the background of optionsXpress or one of its investment professionals on FINRA's BrokerCheck.
Brokerage Products Not FDIC Insured · No Bank Guarantee · May Lose Value. optionsXpress, Inc. makes no investment recommendations and does not provide financial, tax or legal advice.
Content and tools are provided for educational and informational purposes only. Any stock, options, or futures symbols displayed are for illustrative purposes only and are not intended to portray a recommendation to buy or sell a particular security. Products and services intended for U. S. customers and may not be available or offered in other jurisdictions. Online trading has inherent risk.
System response and access times that may vary due to market conditions, system performance, volume and other factors. Options and futures involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options and Risk Disclosure Statement for Futures and Options on our website, prior to applying for an account, also available by calling 888.280.8020 or 312.629.5455. An investor should understand these and additional risks before trading. Multiple leg options strategies will involve multiple commissions.
Charles Schwab & Co., Inc. , optionsXpress, Inc., and Charles Schwab Bank are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Brokerage products are offered by Charles Schwab & Co., Inc. (Member SIPC) ("Schwab") and optionsXpress, Inc.
(Member SIPC) ("optionsXpress"). Deposit and lending products and services are offered by Charles Schwab Bank, Member FDIC and an Equal Housing Lender ("Schwab Bank"). © 2017 optionsXpress, Inc. All rights reserved.
Member SIPC. 5 Best Online Broker Platforms For Options Traders. Options trading can be simple, but can quickly get complicated.
Online brokers provide customers tools to handle the tons of quotes, statistics and underlying-securities tracking they might need to succeed in trading puts and calls. IBD's 2013 Best Online Brokers Survey found the five options trading platforms that clients rated highest. They were OptionsXpress , TD Ameritrade ( AMTD ), Interactive Brokers, Charles Schwab ( SCHW ) and TradeStation . "Options can be used by a wide variety of investors to target a wide variety of objectives," said Jim Bittman, director of program development and a senior instructor for the Options Institute at the Chicago Board Options Exchange. Brokerage firms have developed platforms to help options traders of all levels, from novices who buy a call or put to advanced folks who put on multilegged positions.
While some platforms are bare-bones, others have a barrage of features such as streaming data, sophisticated analytics and pricing tools. Investors can choose a platform that's Web-based or downloaded as a separate program. A Web-based trading platform is accessed from your broker's website.
These are generally less fancy and less customizable. Downloaded platforms tend to use flashier charts and tools. They also tend to give users the ability to customize screens and layouts. OptionsXpress, owned by Schwab, has offerings for clients ranging from beginners to more sophisticated traders. The broker's Web-based platform is not flashy, but is laid out well.
It has easy-to-use order-entry interfaces under secondary navigations for single-option orders as well as spreads and covered calls. The company also has an all-in-one trade ticket that makes entering orders with multiple options faster and easier. Just select the strategy you want to put on, and the different legs of the trade will be set up for you.
OptionsXpress also has tools to help find trade ideas, as well as volatility charts and price calculators. TD Ameritrade also offers a basic, Web-based platform that has something for every level of investor. Order entries for single options, covered calls, spreads and strangles can easily be accessed under a secondary navigation. For single options orders, you can choose an exchange to handle the order or you can have it done automatically.
Whether you're putting on a spread, strangle or straddle, you easily get quotes for those trades as a package rather than viewing them in individual legs. For traders who want more advanced features, TD Ameritrade offers the Trade Architect and Thinkorswim platforms. Trade Architect is a Web-based platform catering to active investors, who can select a strategy and get profit-and-loss graphs to see how the trade can play out.
Thinkorswim, which requires a download, is TD Ameritrade's platform for advanced traders. Packed with sophisticated features, investors can monitor the market and place trades in one screen. Complex strategies can be easily placed, and investors can switch layout views to see implied volatilities and probabilities. Interactive Brokers has two platforms for customers.
One is its Web Trader platform, which has just the basics for viewing option chains and entering orders. The company also offers a much more advanced tool for options traders. Interactive Broker's OptionTrader, which is within its Trader Workstation platform, lets users view options chains, including key statistics such as implied volatilities and greeks -- a term that refers to delta, gamma and other measures of options' sensitivity to various factors. Orders for single options or combination orders can easily be entered.
Buttons are conveniently placed to reverse a position or hedge it from price risk. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc. Choosing an Options Broker. Most of the leading online brokerage firms are well-versed in trading options. There are also a number of options-specific brokerages that have tools to assist options traders.
Keep in mind, though, that in general, the lower the commission, the less customer support you can expect. Full-service brokers can charge $2&ndash$5 per options contract, while discounters might charge a low flat commission per trade, regardless of the number of contracts traded. Applying is easy, and often the entire process can be done online.
Expect to pay anywhere from $5.00 to $19.95 in commissions per transaction (opening and closing) for an option trade. Some option brokerage firms have a per-contract commission schedule, with a minimum of, say, $14.95 per trade. (In other words, even if you only trade one contract, they will still charge the $14.95.) Choosing an Options Broker Margin &mdash Getting &ldquoApproval&rdquo to Trade Options. When you&rsquore ready to open an options trading account, you&rsquoll be asked if you want to open a &ldquocash&rdquo or &ldquomargin&rdquo account.
As you might know, a margin account allows you to borrow the broker&rsquos money to buy certain securities, which means you can hold double the amount of shares you could otherwise afford. More specifically, you are only allowed to borrow money against &ldquomarginable securities,&rdquo which includes most stocks, bonds and mutual funds. However, options themselves aren&rsquot marginable securities &mdash therefore, you cannot buy them on margin. They are &ldquocash-only trades. &rdquo Because options settle during the same day or within one business day, enough cash must be in your account to cover the amount of the trade.
More advanced option trades (such as selling puts) require that you have some funds set aside in your account, just in case you are called upon to perform your obligation of buying a certain amount of shares at a set price by a certain date. This is called the &ldquomargin requirement.&rdquo When opening an account, it&rsquos always a good idea to check the &ldquomargin&rdquo box &mdash even if you don&rsquot plan to use margin at all.
The fact is, if you want to be able to do more advanced kinds of options trading, you must first have a margin account approved, even if you never use the margin available to you within this account. Having clearance in your account does not mean you will be forced to go on margin with your options trades. If you have enough cash or stock holdings in your account to cover the margin requirements, then a trade will not trigger the activation of the margin (borrowing capacity) that is available to you. Getting set up can be as easy as checking the &ldquomargin&rdquo box. Bottom line, a second of your time now could earn you amazing rewards when you&rsquore ready to get started with options trading strategies.
Choosing an Options Broker Options Approval. Each broker has different rates and requirements, but there are four different levels of option trading you can be approved for. Most brokers will approve new customers for levels 0 or 1. Make sure you&rsquore approved for level 1 or higher so you can buy calls and puts. Level 0 &mdash This is the first level of approval and where you would be required to have the most stocks or money to cover your positions.
At this level, you would be able to sell calls and puts on the underlying stocks you own in your account. A call sold on an existing stock is also known as a &ldquocovered call. &rdquo The covered call is one of the most conservative and least risky option strategies available. For that reason, it is an option strategy favored by many options-trading beginners.
Before you sell the calls, you have to own the stock (i. e., you&rsquore &ldquocovered&rdquo) in the event the stock gets called away from you. It&rsquos simple, and there&rsquos virtually no risk to the brokerage firm. If you are forced to fulfill your obligation as a call seller (i. e., selling the shares at the strike price), the shares are readily available in your account. Buying calls and puts involves having cash in your account (which is how all options settle). You buy a call or a put, and you are limited to losing the amount of your investment and nothing more.
Again, the brokerage firm is not assuming too much risk here because you have the moneystocks in your account and they place a freeze on them to make sure they are covered in case the trade does not go your way. Depending on your account size, the brokerage firm and your past experience, you might not be approved (initially) for higher levels. Level 1 &mdash Here you would also be able to buy puts and calls without owning the underlying securities.
You could also do long straddle spreads, which involve buying equal numbers of calls or puts on the same stock and at the same strike price. You would do this if you thought the stock were going to make a big move, but were not sure which direction it would be. Another strategy you would be able to do is the long strangle trade. This involves the same number of calls and puts on the same underlying security at different strike prices but with the same expiration date.
Here you are again hoping that the stock makes a big move but you&rsquore not sure at what price (or in what direction). Level 2 &mdash At level two, not only are you approved to do everything in the other two levels, but you can now begin to do spread trades. When you speak to your broker, we recommend you try to get approval for at least Level 2 so you can participate in basic credit and debit spreads often discussed on InvestorPlace. We have found that not only will you spend less to get into spread trades, but your profit potential and winning percentage can be huge.
There&rsquos nothing traders like better than to get paid to open on a trade such as a credit spread. At Level 2, you will also be required to have less upfront cash or securities tied up for your option trades. Level 3 &mdash This is the highest level for which you can be approved by your broker.
This level allows you to sell &ldquonaked puts&rdquo or &ldquonaked calls&rdquo and trade more complex strategies. There is also a higher margin requirement for certain strategies such as selling naked puts. Since you&rsquore taking on an obligation to buy stock, the brokerage firm wants to cover their risk if you&rsquore selling 50 put contracts on a $50 stock &hellip that&rsquos a $250,000 obligation if you are suddenly forced to buy 5,000 shares of stock at $50 each! Each broker is different, but they will require you to have a certain amount in cash or stocks held in your account so they can see you can make good in the event you have to fulfill your obligation. As a general rule, you must have at least 25% of equity in your account, and the broker will front you 75% on margin.
If you sell a put (giving somebody else the right to buy shares from you), the broker may freeze the total amount of equity in your account to cover this trade because they want to protect themselves if you have to cover the trade and buy the stock. Again, rates vary among brokers so make sure you talk to them about their specific margin rates and policies. Below you will find a glossary of options terms and also a few worksheets with some quizzes that will really help you lock in the information you just read. With this basic understanding of options, you can see how it can help you profit in any type of market &ndash up, down, trending, or volatile. With a little practice, you&rsquoll be trading options like a pro in no time!
Options Basics Tutorial. Nowadays, many investors' portfolios include investments such as mutual funds, stocks and bonds. But the variety of securities you have at your disposal does not end there. Another type of security, known as options, presents a world of opportunity to sophisticated investors who understand both the practical uses and inherent risks associated with this asset class. The power of options lies in their versatility, and their ability to interact with traditional assets such as individual stocks.
They enable you to adapt or adjust your position according to many market situations that may arise. For example, options can be used as an effective hedge against a declining stock market to limit downside losses. Options can be put to use for speculative purposes or to be exceedingly conservative, as you want. Using options is therefore best described as part of a larger strategy of investing.
This functional versatility, however, does not come without its costs. Options are complex securities and can be extremely risky if used improperly. This is why, when trading options with a broker, you'll often come across a disclaimer like the following Options involve risks and are not suitable for everyone.
Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital. Options belong to the larger group of securities known as derivatives.
This word has come to be associated with excessive risk taking and having the ability crash economies. That perception, however, is broadly overblown. All “derivative” means is that its price is dependent on, or derived from the price of something else. Put this way, wine is a derivative of grapes ketchup is a derivative of tomatoes.
Options are derivatives of financial securities – their value depends on the price of some other asset. That is all derivative means, and there are many different types of securities that fall under the name derivatives, including futures, forwards, swaps (of which there are many types), and mortgage backed securities. In the 2008 crisis, it was mortgage backed securities and a particular type of swap that caused trouble.
Options were largely blameless. (See also 10 Options Strategies To Know .) Properly knowing how options work, and how to use them appropriately can give you a real advantage in the market. If the speculative nature of options doesn't fit your style, no problem – you can use options without speculating. Even if you decide never to use options, however, it is important to understand how companies that you are investing in use them.
Whether it is to hedge the risk of foreign-exchange transactions or to give employees ownership in the form of stock options, most multi-nationals today use options in some form or another. This tutorial will introduce you to the fundamentals of options. Keep in mind that most options traders have many years of experience, so don't expect to be an expert immediately after reading this tutorial.
If you aren't familiar with how the stock market works, you might want to check out the Stock Basics tutorial first. Best Options Trading Brokers and Platforms. NerdWallet offers financial tools and advice to help people understand their options and make the best possible decisions.
The guidance we offer and info we provide are deeply researched, objective and independent. We spent over 300 hours reviewing the top online brokers before selecting the best for our readers. And to help you find the one that’s best for you, we’ve highlighted their pros, cons and current offers.
Who is the best options broker today? The answer depends on whom you ask and what they value. For some investors, the best broker for trading options is the one with the cheapest commissions. Others prioritize trading tools, platform design, research, customer service or all of the above.
While most of the brokers on our best-of list below would be a good, all-encompassing choice for many investors, we’ve also highlighted the standout candidates in specific areas that matter most to options traders. Unsure what you’re looking for? See how to choose an options broker for more on what can make or break an options trading experience. Summary Best online stock brokers for options trading.
Best for low-cost. Best options trading platform. Best for research and education. Best overall for options trading. Our top picks cover all the option trader needs — access to high-quality research, analytical tools, a user-friendly platform — at reasonable prices.
TD Ameritrade and Interactive Brokers earn high marks for options investors for their advanced trading platforms, deep bench of research and tools, plus their high-caliber options trading capabilities. TD Ameritrade handily serves option traders no matter where they are on the learning curve. The broker’s thinkorswim platform offers a robust options trading experience for active investors seeking professional-grade tools to identify trading opportunities, analyze potential risks and rewards, test trade strategies and quickly place even the most complex options trades.
The broker’s web-based Trade Architect platform is for investors just getting into options or those who don’t require a high-octane platform. Its stripped-down, easy-to-use interface won’t overwhelm newbies. And although Trade Architect isn’t as fully stocked with tools and data as thinkorswim, it’s no slouch, either. Intermediate investors will find advanced features like a marketoptions heat map, screening and tradefinder tools, and streaming news. Get details in our TD Ameritrade review.
For cost-conscious, active options traders looking for low costs and a platform with a lot more meat on its bones, Interactive Brokers may be more your style. Interactive Brokers charges just 70 cents per contract with no base fee ($1 minimum order), plus discounts for larger volumes, if you can manage the $10,000 account minimum. Its Trader Workstation platform (with an options strategy lab) is considered one of the best and most sophisticated around.
But watch other fees to ensure that the lower commissions pay off. Both brokers allow prospective clients to test-drive the goods without putting any real money on the line. TD Ameritrade offers a paperMoney virtual trading account to test out the thinkorswim platform.
At Interactive Brokers, once customers open a real account (which has a $10,000 minimum funding requirement), they can set up a paper trading account that offers them hands-on practice using IB’s Trader Workstation platform and tools. Best brokers for low-cost options trading. These brokers offer competitively priced options trading commissions and have eliminated or dramatically capped minimum trading fees. In early 2017 most of the mainstream online brokers slashed commissions to levels once reserved for their deep-discount peers. That doesn’t mean that they’re the best deal in town for every investor.
For active options traders, eOption earns five stars from NerdWallet for its low options trade commissions. The company charges a fixed $3 base plus 15 cents per contract. Another plus eOption is known for having some of the lowest margin rates available.
Although eOption charges a $50 annual inactivity fee on accounts that have placed fewer than two trades in the past 12 months or have less than $10,000 in credit or debit balances, the minimum trade workaround isn’t onerous, even for infrequent traders. OptionsXpress, which is owned by Charles Schwab, changed from a tiered commission schedule to a flat-fee one in early 2017. Now both companies charge the same $4.95 base rate plus 65 cents per contract, putting them within spitting distance of their deep-discount peers.
Commissions aren’t the only costs associated with trading options. Platform, data and other fees can quickly cancel out what you save on commissions. Another important note Neither broker is known for having standout trading platform features or research tools. (See our full reviews of OptionsXpress and eOption for details on what they offer.
) But for those simply looking for a cheap way to execute trades, OptionsXpress and eOption get the job done. Best options trading platforms. These brokers offer some of the most powerful trading platforms available for a reasonable price. Judging a broker’s trading platform by the number of features it offers is like buying a car based solely on what you read in the dealer brochure.
While all investors have their must-have features, what’s more important is how the platform feels when it’s in their hands. The trading platforms at Ally Invest and TradeStation offer a wide variety of analytical tools, provide stable and speedy trade execution, and allow investors to customize the tools and design to best suit their needs. Unlike TradeStation, Ally Invest (formerly TradeKing) is technically a deep discount broker as reflected in its commissions (options traders pay a $4.95 base plus 65 cents per contract with only one base charge per spread), $0 account minimum and free access to research and data. Frequent traders (those who place 30 or more trades per quarter or who carry a balance of $100,000 or more) pay a discounted $3.95 base and 50 cents per contract.
But don’t be fooled by the lower prices Customers get a lot of platform power for free. Ally is suitable for newer options investors. The browser-based platform resembles the offerings of its pricier competitors and comes with free options trading tools for screening and advanced charting. Navigation is easy and streamlined. Customers can create a custom dashboard with movable modules with the data and features they want to use.
The setup extends to what users see across all devices, including mobile and tablet. TradeStation is best left to more experienced, tech-savvy investors who want to experience options trading using the same tools as pro traders. The broker provides all the tools needed to design, test-drive, monitor, automate and speedily execute the most complex trades via direct-market access (no pesky middleman to slow down the process).
Its OptionsStation Pro platform is fully integrated into TradeStation’s regular trading platform. An added bonus is the broker’s active investor forums, where traders discuss ideas, ask questions and get help. Access to all of TradeStation’s bells and whistles used to come at a steep $99.95 monthly platform fee for those who didn’t meet account balance or trading activity minimums.
But in March 2017 TradeStation eliminated the service fee, lowered its trade commissions for stocks and options and tossed in free real-time market data and free access to its market-monitoring and portfolio-level back-testing tools. Educational tools and platform tutorials are plentiful, which is a plus Because of the sophisticated nature of the platform, it may require some time to become familiar with all that it offers. See more in our TradeStation review. Best research and options trading education. Both offer extensive research and data for free, as well as live classes and webinars for beginning and advanced options traders.
Your Binary Options Social. T rading N etwork. Delay per Trade. How trade 4.me works.
Trade4.me is the first social trading network developed exclusively for binary options. Often called. the “etoro of binary options”, trade4me allows people to follow and copy each other in a single click.
your favorite traders. trade 4.me in numbers. *Based on the last 30 days averaging the top 3 providers. trade 4.me mobile app.
Stay connected to your favorite traders and get instant notifications when they send signals! Here is small sample of traders you can follow and copy. Don’t hesiate to click on their profile to. see their full trading history and detailed statistics about their trading habits and performance.
With the trade4.me API, you can send signals to your binary options account and your copiers from Metatrader 4 and 5, Ninjatrader, Matlab, … or just any software or language capable of calls. To work with the API, only a few lines of code are necessary. Automating your favorite EAs and indicators has never been so easy! 1 2 3 4 5 6 7 8 9. Asset, Direction, Investment, Expiry.
Recognized excellence. Since its launch 2 years ago, trade4.me has been extremly popular on social networks.
and appreciate by thousands. The platform has received several awards for best. binary options signals, best autotrader and best trading system.
Connect with other traders and copy their trades automatically. For Copiers & Followers. TRADE4.ME IS NOT OWNED BY A BINARY OPTION BROKER. Trade4.
me is owned and operated by SAS NEUTRINO, an independant financial services company registered in France. SAS NEUTRINO is located at 28 venelle de kerivin, 29200 brest, France. All comments presented are personal opinions. Please be advised that trading in any market carries risk, and trading binary options involves a substantial risk of loss that may not be suitable for you.
If you decide to trade in these markets we ask that you carefully consider your trading objectives, experience, and risk appetite. Trading in binary options carries a high level of risk and can result in the loss of all of your investment. as such, binary options may not be appropriate for all investors. You should not invest money that you cannot afford to lose.
Before deciding to trade, you should become aware of all the risks associated with binary options trading, and seek advice from an independent and suitably licensed financial advisor. Under no circumstances SAS NEUTRINO can be considered liable to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to binary options or (b) any direct, indirect, special, consequential or incidental damages whatsoever. SAS NEUTRINO would like to reiterate that the tools and results presented on its websites are provided "as is" with no express or implied warranty for efficiency, accuracy or profitability.
Past performance does not guarantee future results. SAS NEUTRINO offers references to third party information providers via Trade4.me as a service to the trading public. Unless specifically expressed, SAS NEUTRINO does not endorse the methodologies, ideas, opinions or recommendations of these third parties. We encourage all traders to carefully review and analyze the third party offerings and claims.
Do not accept as fact unexamined assertions or claims. Claims of success or profitability should always be supported by live trading results, not demo account results or compilations of “signals. ” Past performance is no guarantee of future success and you should be critical and demanding when reading all promotional offerings made by advisors, traders, bloggers, money managers and third party system vendors.
All materials offered to the trading public on our website are offered as general market commentary, are not an offer to trade in any market and do not constitute investment or trading advice. SAS NEUTRINO expressly disclaims any liability, without limitation, for any losses that arise directly or indirectly from the use of or reliance upon information provided to the trading public on our website. Copyright © SAS NEUTRINO 2012-2015. All rights reserved. option trade broker &ldquo Trading the markets with Risk in mind &bdquo Binary Options Trading is a relatively new way to trade the markets.
You don’t need to look at dozens of different indicators and charts—everything you need is contained within the broker’s site. You need to know about the movement of the price and how that might affect future prices. This is something that comes with heavy risk and should only be traded with money you can afford to lose.
We will try and help you learn about binaries, but no where will we guarantee you will make money. You should not consider this site as trading advice. We will also try and cover all the sites you shouldn’t use.
Please be very diligent when it comes to this. US Traders Must Use the Nadex Platform – Regulated. Risk Warning – “Investors can lose all their capital by trading binary options” How to Determine Where to Trade? The items you trade are actually underlying assets, and not the assets themselves. Binary Trading does not give you ownership of the assets you invest in. Assets have predictable price fluctuations, you can use this to your advantage.
You can find trades with an expiration time just a few minutes in the future or up to a month long. This appeals to both day traders and position traders alike. You know exactly how much you will get in return when your trades are successful. Some brokers offer refunds on losing trades, some up to 15 percent. This cushion can help over the long run.
Refunds like this are most beneficial to traders just getting their feet wet, but they remain a good choice for almost everyone in the market. Make sure that you are getting a good return on your winning trades as well, however. Sometimes a low winning percentage will offset the refund amount. You can read about IQ Option right here.
New traders need to look out for their best interests. Having a high payout return on winning trades is the best place to start looking. Obviously, you want to make as much money as possible, so it only makes sense to start out by trading with the sites that offer the highest returns. But different brokers have different rates for different time frames and different underlying assets. We are here to make your search a little easier.
We’ve compiled information of the Best Binary Option Brokers in the business . Our reviews will help you to wade through the waters of selecting a trading site. For new traders, you should focus on one type of trade until you have mastered a demo trading account. Trading too erratically will only hurt you.
No matter the circumstance a demo account will show you some things and keep you out of a lot of risky situations. Just be ready when it comes to switching. We’ve decided to add this section to help those that may request it in the future. When it comes to news, what outlets do you look at? Honestly, for the calendar we go to Forex Factory and for the actual news we read the Google Finance Page. This is more than enough to get you through the day.
This is a good place to learn about a binary options demo account. What other sites do you recommend for traders? Well, it is important to understand candlestick charts.
If you can think of other sites to add to the list go ahead an contact us. Make sure you read about binary robots right here. Also, should you be from Singapore, we found a site geared toward Singapore binary options. Transparent Trading Fees.
At Scottrade, we offer a valuable array of products and services to help you meet your financial goals, many of which are provided at no cost. Our trading fees and commissions are intentionally straightforward and clear, and we donЂ™t charge our clients fees for account maintenance or inactivity. 1 For stocks priced under $1, add Ѕ% of the principal value to the commissions shown. Commissions are charged on a per-order basis. Limit orders executed over multiple days and orders modified after partial execution on the same day are handled as separate orders for commission calculation purposes. A majority of orders must be executed online to qualify for online commission rates. Some foreign and pink sheet stocks must be traded with Investment Consultant (IC) assistance. Every market has its own fees andor taxes assessed by local governments and exchanges. These fees may be automatically included in the quote. 3 For clients who do not wish to trade online, Scottrade has branch offices staffed with Investment Consultants to assist you over the phone or in person. Our non-online commissions for stock and ETF orders are just two cents per share in addition to the broker-assisted and touchtone rates. Broker-assisted commissions apply for all other transactions (including stocks priced under $1). Mailed confirmations and statements are free of charge. Detailed information on our fees can be found in the Explanation of Fees (PDF). 4 Options involve risk and are not suitable for all investors. Detailed information on our policies and the risks associated with options can be found in the Scottrade Options Application and Agreement, Brokerage Account Agreement, and by downloading the Characteristics and Risks of Standardized Options and Supplements from The Options Clearing Corporation, or by requesting a copy from a Scottrade branch office. Supporting documentation for any claims will be supplied upon request. Keep in mind profit will be reduced or loss worsened, as applicable, by the deduction of commissions and fees. Detailed information on our fees can be found in the Explanation of Fees (PDF). 5 In addition to the commissions above, all no-load shares purchased from Scottrade and held 90 days or less will be charged a short-term redemption fee. Exceptions to this short-term redemption fee are the Rydex, Guggenheim, ProFunds and Direxion families of funds, which are intended for short-term traders. Detailed information on our fees can be found in the Explanation of Fees (PDF). Mutual fund purchase orders must be the greater of $100 or the fund's minimum initial investment. Prior to placing the trade, you must have sufficient settled funds in the account to meet both the applicable minimum and cover transaction fees and other fees prior to placing the trade. Investors should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. Mutual funds are subject to market fluctuation including the potential for loss of principal. A prospectus contains this and other information about the fund and may be ordered through Scottrade. com or through a Scottrade ® branch office. The prospectus should be read carefully before investing. Mutual funds are subject to the terms and conditions of the NTF program. Scottrade is compensated by the funds participating in this program through record keeping, shareholder or SEC Rule 12b-1 fees. No Fee refers to Scottrade ® transaction fees. See the fundЂ™s prospectus for other fees and expenses that apply to a continued investment in the fund. With regard to no-load funds that are not in the NTF program, Systematic PurchaseRedemptions will be charged $2 per occurrence. *When Scottrade acts as principal, bonds are subject to a markup or markdown. Detailed information on our fees can be found in the Explanation of Fees (PDF). Equities* $0.000119 per share sold. Options $0.002 per contract sold. *with a maximum charge of $5.95 per trade of 50,000 shares or more. Professional (Real-Time Streaming) $121 at activation. $121 per month following activation. Canadian Investment Fee 13. 9 A $2,500 minimum equity balance must remain in the account otherwise the $75 full transfer fee will apply. 11 A regulatory transaction fee that is assessed by Scottrade for certain FINRA regulatory costs on stock and option sell trades. All calculations of this fee are truncated to the penny (i. e. $0.01 increments). If your confirmation indicates that an average price was received, the fee amount shown is determined by first calculating the fee, then summing all those fees together and truncating to the penny. In certain cases this fee is capped at a maximum rate. 12 Monthly fee following initial activation. Designated Professional Subscribers requesting real-time streaming quote data will be assessed a recurring monthly charge in the stated amount per user, per professional account. Monthly subscription Streaming Market Data Services (Professional Quote) fees will be automatically deducted from your Scottrade ® account on the first business day of each month following activation, and each designated user, per professional account will pay for usageservices for that month. Activation fees associated with this data also apply, will be charged to you in full during the month you begin receiving the data, without proration, and will equal the amount of the monthly fee. You remain responsible for satisfying any obligations owed to Scottrade for Streaming Market Data Services, and any other fees associated with your account. 13 In addition to your Scottrade commission, brokerage fees of $.0005 - $.0075 per share may either be included in the currency conversion to U. S. dollars by the executing broker-dealer, or may execute on a net basis which means that the executing broker-dealer would purchase the security for its own account in the foreign country in the foreign currency and then sell the security to execute your order at a higher price that includes the cost of currency conversion, fees, taxes, etc. In either case, the total fees will be included in the execution price displayed on the trade confirmation. Detailed information on our fees can be found in the Explanation of Fees (PDF). Branch Appointments Online Educational Resources Portfolio Review Services Retirement & Financial Calculators Real-Time Streaming Quotes & Charts (for non-professionals) Processing fees assessed by third parties may be passed through to your account. Some products and services may require additional fees or transaction minimums not specifically listed here. Prior to placing the trade, it is the client's responsibility to ask the broker if any additional fees will apply. Scottrade receives compensation for certain equity and option orders as described at Scottrade. comrouting. Real-Time Streaming Quotes. More than 1,500 Investment Consultants. Switching to Scottrade is Easy. Call Us At 800.619.7283 Email Customer Support Log In and Trade Local Branches. Online Brokerage quick links. Online Trading quick links. Investment Products quick links. Contact Us quick links. Follow Us quick links. Call Us At (800) 619-7283 Email Customer Support Log In and Trade 500+ Local Branches. Online Brokerage quick links. Online Trading quick links. Investment Products quick links. Contact Us quick links. Follow Us quick links. Not a recommendation. Any specific securities, or types of securities, used as examples are for demonstration purposes only. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security or account. Authorized account login and access indicates customerЂ™s consent to the Brokerage Account Agreement. Such consent is effective at all times when using this site. Unauthorized access is prohibited. Scottrade, Inc. and Scottrade Bank are separate but affiliated companies and are wholly owned subsidiaries of Scottrade Financial Services, Inc. Brokerage products and services offered by Scottrade, Inc. - Member FINRA and SIPC. Deposit products and services offered by Scottrade Bank, Member FDIC. Brokerage products are not insured by the FDIC Ђ” are not deposits or other obligations of the bank and are not guaranteed by the bank Ђ” are subject to investment risks, including possible loss of the principal invested. All investing involves risk. The value of your investment may fluctuate over time, and you may gain or lose money. Online market and limit stock trades are just $6.95 for stocks priced $1 and above. Additional charges may apply for stocks priced under $1, mutual fund and option transactions. Detailed information on our fees can be found in the Explanation of Fees (PDF). The performance data quoted represents past performance. Past performance does not guarantee future results. The research, tools and information provided will not include every security available to the public. Although the sources of the research tools provided on this website are believed to be reliable, Scottrade makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability or reliability of the information. Information on this website is for informational use only and should not be considered investment advice or recommendation to invest. Scottrade does not charge setup, inactivity or annual maintenance fees. Applicable transaction fees still apply. Scottrade does not provide tax advice. The material provided is for informational purposes only. Please consult your tax or legal advisor for questions concerning your personal tax or financial situation. Investors should consider the investment objectives, charges, expense, and unique risk profile of an exchange-traded fund (ETF) before investing. A prospectus contains this and other information about the fund and may be obtained online or by contacting Scottrade. The prospectus should be read carefully before investing. Leveraged and inverse ETFs may not be suitable for all investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. These fundsЂ™ performance will likely be significantly different than their benchmark over periods of more than one day, and their performance over time may in fact trend opposite of their benchmark. Investors should monitor these holdings, consistent with their strategies, as frequently as daily. Investors should consider the investment objectives, risks, charges and expenses of a mutual fund before investing. A prospectus contains this and other information about the fund and may be obtained online or by contacting Scottrade. The prospectus should be read carefully before investing. No-transaction-fee (NTF) funds are subject to the terms and conditions of the NTF funds program. Scottrade is compensated by the funds participating in the NTF program through recordkeeping, shareholder or SEC 12b-1 fees. Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. The Margin Disclosure Statement and Agreement (PDF) is available for download, or it is available at one of our branch offices. It contains information on our lending policies, interest charges, and the risks associated with margin accounts. Market volatility, volume and system availability may impact account access and trade execution. Hyperlinks to third-party websites contain information that may be of interest or use to the reader. Third-party websites, research and tools are from sources deemed reliable. Scottrade does not guarantee accuracy or completeness of the information and makes no assurances with respect to results to be obtained from their use. The Rush of Binary Options. Trade the Most Popular Assets on a Top Platform. 10trade is regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 24814. 10trade allows for fast investments with over 200 stocks, currencies, commodities and indices available. 10trade offers secure investing and around the clock support for their regulated platform . 10trade offers secure investing and around the clock support for their platform . 10trade deposits the funds of its clients into isolated accounts in global banks so your money is always safe. 247 support, personal account manager, access to the Educational Academy, daily financial news and more! Trade often? Now you can trade on multiple devices, from your PC to tablet, with our responsive platform. Trade Anytime, Anywhere. Top 5 Traders of the Week. Refer a Friend Promotion. Sharing is caring Ђ” take advantage of our refer a friend promotion. If you refer a friend to join 10trade, BOTH of you will receive a 50‚¬ bonus deposited directly into your accounts! It's the gift that keeps on giving. Top 5 Traders Of The Week. Refer a Friend Promotion. Sharing is caring Ђ” take advantage of our refer a friend promotion. If you refer a friend to join 10trade, BOTH of you will receive a 50‚¬ bonus deposited directly into your accounts! It's the gift that keeps on giving. What is Binary Trading? One of the most fascinating and risky today is binary options trading. At the most basic level, the object of binary options trading is predicting whether an assetЂ™s price will rise or fall within a specific period of time. How Does Binary Options Trading Work? The return on investments at 10trade can be easily up to 80% . One of the best financial instruments today is binary options trading. At the most basic level, the object of binary options trading is predicting whether an assetЂ™s price will rise or fall within a specific period of time. How Does Binary Options Trading Work? The return on investments at 10trade can be easily up to 80% . Our financial experts have contributed their years of experience and knowledge to compile the ultimate guide to binary options and the financial markets. If you are new to trading, check out our articles for beginners and our information about the trading platform to learn how to trade binary options and to receive tips and advice on . Low Fees. No Surprises. Ally Invest. Whether you're new to investing, an experienced trader or somewhere in between, Ally Invest offers the same great services, products and value you expect from TradeKing. Learn More. with a registered representative Available 247. Ally Invest Securities' background can be found on FINRA BrokerCheck. You're leaving Ally Invest. By choosing to continue , you will be taken to , a site operated by a third party. We are not responsible for the products, services, or information you may find or provide there. Because you&rsquore leaving Ally Invest, we&rsquod like you to know that this third party has its own privacy policy and level of security. We encourage you to review any policy and any terms and conditions posted on that site. You're leaving Ally Invest. Selecting Continue will take you to a website that Ally Invest does not own or control. We are not responsible for the products, services, or information you may find or provide there. Also, you should read and understand how that site&rsquos privacy policy, level of security and terms and conditions may impact you. If you have forgotten your username, please contact us via telephone at 855-880-2559 (Available 247). Ally Invest is dedicated to providing exemplary customer service for all of our customers. You can find answers to most customer questions here. You can exercise your options by calling us ( 855-880-2559 855-207-2559 ) Monday &ndash Friday excluding stock market holidays during regular business hours 800 am EST &ndash 430 pm EST. The resulting position will be reflected in your account the following business day. Please note that if you are holding in-the-money options and you do not have enough equity or you do not own the underlying security, you will be responsible to cover the resulting long or short position. If your long equity option is in the money but you do not want to be subjected to automatic exercise, please contact us by 430 pm EST on the last trading day for that option to submit a do not exercise request. If you do not have enough equity in your account to cover an automatic exercise, Ally Invest may at its discretion let the option expire with no exercise even if, theoretically, it should have been subjected to automatic exercise. Please also note, Ally Invest's Risk department reserves the right to close an option position in a client's account at their discretion without prior notice. Are you sure you want to delete this relationship?
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