Pros / This stock charting software offers broker-assisted trades at no extra charge.

Cons / You cannot customize the trading platform.

 Verdict / This stock trading software offers a range of investment options and versatile software, so it is a good choice for all levels of investors.

optionsXpress provides users a range of investment options and educational resources that many new investors will find valuable. Its platform is relatively easy to use, and clients can make use of the wide selection of investing tools that this stock trading software platform offers.

This software comes with tools and educational resources that will support your investment style, whatever that may be. It offers risk calculators, as well as charts with streaming news. While the layout of this platform makes using it simple, it does not let you customize your dashboard or edit your charts.

This stock charting software is one of the best platforms for creating both simple and complex options orders. It has preprogrammed strategies for you to use, or you can easily create your own. If you haven’t traded options before, this platform is a good choice. The simple layout makes it easy to find your way around, and the extra tools will be beneficial for experienced traders.

The optionsXpress mobile app is available for iPhone and iPad, Android phones and even the Kindle Fire. Using the app, you can buy and sell stocks just as you would from the main dashboard. You can also manage your watch lists. One drawback of the app is that you can’t set alerts for your stocks.

Stock and options trades each cost $4.95, which is lower than average. The cost for an option contract exercise is $8.95, which is also lower than average. optionsXpress has no minimum balance requirement and no fees for broker-assisted trades, which was nice to see and something that no other broker offers.

If you want to learn more about the platform or about investing in general, you can visit the optionsXpress online learning center. Educational resources include blogs, webinars and trading videos. There is also simulated trading, so you can test strategies before risking your own money.

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  • Stock Trades
  • 10 Option Contracts
  • Broker-Assisted Stock Trades
  1. The lowest cost for a stock trade.
    Lower is Better.
  2. 5  optionsXpress
    $4.95
  3. $4.95
  4. $4.95
  5. $6.95
  6. Category Average
    $5.56

Summary

optionsXpress offers low trading rates and a good educational platform. Though you cannot customize your trading platform, this stock software offers some of the best stock charting tools with its risk calculators and simplified options trading.

optionsXpress Visit Site