How Does Your Options Broker Compare?
|
TradeStation |
E-Trade1 |
Fidelity2 |
optionsXpress3 |
Schwab4 |
TD Ameritrade5 |
| Options & Spreads Commissions |
| 1 Contract |
$1.00 |
$10.74 |
$8.70 |
$14.95 |
$9.70 |
$10.74 |
| 10 Contracts |
$10.00 |
$17.49 |
$15.45 |
$15.00 |
$16.45 |
$17.49 |
| 20 Contracts |
$20.00 |
$24.99 |
$22.95 |
$30.00 |
$23.95 |
$24.99 |
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Competitive Pricing Disclosure:
The competitive information provided here was verified as of 9/4/2011. Some of the above firms may offer reduced commissions or waive fees, including but not limited to inactivity or maintenance fees if certain account activity and/or account balance criteria are met, and may offer products or services TradeStation does not offer. Some of the above firms may offer different or additional services. TradeStation charges a $99.95 per month Account Service Fee unless waived by account activity or balance thresholds.
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E*Trade pricing for options trades based on $9.99 per trade plus $0.75 per contract for those who place 0-149 trades per quarter. Commissions may vary based on actual trading activity and/or account balance.
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Fidelity pricing for options trades based on $7.95 per trade plus $0.75 per contract. Commissions may vary based on actual trading activity and/or account balance.
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OptionsXpress pricing requires qualified active option trader customers to maintain 35 or more option trades per quarter to maintain the active option trader rate of $1.25 per contract or $12.95 minimum. Customer must meet and continue meeting above requirements, and apply to receive active trader rates.
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Schwab pricing for options trades based on $8.95 per trade plus $0.75 per contract. Commissions may vary based on actual trading activity and/or account balance.
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TD Ameritrade pricing for options trades based on $9.99 per trade plus $0.75 per contract for all trades. Commissions may vary based on actual trading activity and/or account balance.