PROS / This investment software provides all of the most popular investment opportunities, including stocks, options and bonds.
CONS / You can't set up alerts on the mobile trading platform.
VERDICT / This comprehensive stock software provides numerous investment options to round out your portfolio, making it an appealing option to both beginning and advanced traders.
optionsXpress stock software is a Charles Schwab subsidiary. With the resources and experiences of such a reputable company, optionsXpress offers solid investment tools.
You can create, resize and specify which information you'd like to view in your platform. It offers alerts and watchlists, streaming quotes, expert reports, and charts and graphs. It has fewer customization features compared to the other stock trading platforms we tested, but it has enough to help organize the tools in the way that suits you best.
This stock market software provides you access to an array of investment options. You can truly diversify your investment portfolio with stocks, bonds, options, mutual funds, and even forex and futures trading. You also have access to the international market.
You can use the optionsXpress mobile stock trading platform on your iOS or Android device. With it, you can buy and sell stocks, monitor your orders and positions, and conduct market research, so you can react to shifts in the market from anywhere you are. We found the app overall easy to use.
The initial fee for online stock trades is $8.95. While this is higher than the industry average fees charged by other stock trading software, there is no additional fee charged for broker-assisted trades. The price of options trades starts at $14.95 for 10 contracts and goes up to $1.50 per trade after the initial 10. If you make more than 35 trades in a single quarter, your status can be changed to that of active trader, lowering the cost of options to $12.95 for 10 contracts.
The education center is designed to meet the needs of all levels of investors. Whether you are a beginner or an experienced trader, this straightforward stock trading website provides valuable resources. You can view videos and webinars discussing investment topics and even attend live events and seminars. Customer support is another area where optionsXpress excels. You can contact customer service via telephone, email and live chat. The only drawback is that support is not available 24/7.
optionsXpress stock software allows you to trade stocks, bonds and more from one user-friendly online platform. Both the online and mobile trading platform makes buying and selling stocks hassle free. This stock software also provides you with educational resources that provide a base of knowledge, allowing you to make the best investment decisions.