Options Broker Reviews

October 10, 2017 0
Options trading for dummies

If you want to venture into the world of options trading, one of the most important things you can do is find a broker that matches your style of trading. Sophisticated traders carefully read options broker reviews to ascertain which broker has the best cost, customer service, and trading platforms.

See our options broker reviews to find a broker that will suit your trading style and needs. Active traders will love both Ally Invest and TradeStation, because both brokerages offer deeply discounted commissions for active traders.

Options Broker Reviews

BrokerHighlightsCommissionsAccount MinimumCurrent OffersStart Investing


More Info +
24/7 customer service and impressive trading platform$3.95 +
$0.50/contract
per trade
Get a $200 cash bonus or $500 in commission-free trades with Ally Invest!


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Downloadable trading platform w/ algorithmic trading capabilities$1.00 per option contractAll new pricing & no maintenance fees for new accounts!


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Phunemonomal mobile trading application$6.95 + $0.75None

 

 

Ally Invest Overview

Ally Invest is one of the newest options brokers, but it’s also one of the best. It’s almost impossible to beat Ally’s low pricing of $3.95 + 0.50 per contract with only a $4.95 option exercise/assignment fee!

It’s truly unbeatable pricing. Plus, to top it off, Ally offers 24/7 customer service and a sweet web-based trading platform that is perfectly capable of advanced charting and options analytics.

 

TradeStation Overview

Many professional and institutional traders choose TradeStation because of their extremely low cost and direct market access capabilities. However, TradeStation recently underwent a rebranding effort in 2017 to cater to a younger client base. At the end of the day, TradeStation is great for all traders, because they have have a fantastic mobile trading application, great desktop software, and unbeatable prices.