Optionshouse margin rates
8 Jul 2015 Mutual Funds: $9.95 + load. Margin Rates: Base + 3.75% — Base + 1.25%. OptionsHouse also has an interesting comparison tool (to see how OptionsHouse, $4.95 trades - $0.50 per contract + $4.95 base, No minimum. $2000 for margin. $4.95 flat rate trades and $0.50 contracts make this perhaps the 25 May 2012 Naked Puts Versus Traditional Margin: Leverage For A Little Less Coin The quoted interest rate for my brokerage is between 6.25 -9.00% While researching other options, I noticed that Optionshouse.com had the EXACT 6 Dec 2017 In an ironic turn of events OptionsHouse was bought by E*TRADE last likely to trade on margin, which gives E*TRADE higher interest rates OptionsHouse is an online broker with fairly straight forward commission offerings. Stock Trades - OptionsHouse's flat rate stock trade commissions of $4.95 are among the lowest of any current online broker. For stocks under $1 add $.0005 per share. The $4.95 rate applies to any sized order up to 50,000 shares. For investors who plan on using margin, OptionsHouse charges a margin interest rate of 7.75 percent for $25,000 margin balance, which is about middle of the pack in the survey. This rate drops off considerably for larger balances, so this may be one instance where OptionsHouse is better suited to larger accounts.
Optionshouse used to be great for ultra cheap rates. Their new rates aren’t that cheap and their margin department is awful. For example, I bought a stock on margin and two days later they issued a margin call despite the fact that the stock was up from where I bought it. I was at greater than 50% equity but still got a margin call.
In futures trading, margin is a deposit made with the broker in order to open a position. The amount is a fixed percentage—usually between 3% and 12%—of the notional value of the contract. There are no interest charges to the customer on futures margin because it is not a loan. Orders that execute over more than one trading day, or orders that are changed, may be subject to an additional commission. Standard commissions for stock and options trades are $6.95 (plus an additional $0.75 per options contract). For options orders, an options regulatory fee will apply. OptionsHouse is currently offering new futures traders a rate of just $1.50 per contract through September 30. After September 30, futures trades will increase to $2.00 per contract. Mutual funds. $20 per trade. Margin account interest. Rates range from 3.25% on accounts with a minimum of $1 million, to a high of 7.75% on accounts of less than OptionsHouse Customers. OptionsHouse trading platform serves a broad range of customers from frequent traders to buy-and-hold investors. As its name implies, OptionsHouse specializes in serving options traders but the OptionsHouse trading platform makes a compelling case to equities traders with its flat rate commissions. OptionsHouse’s low fees, low margin rates, and comparable pricing elsewhere make it vastly competitive among the top tiered and more expensive online stock traders on the market. While its mutual fund fees aren’t great, its Options Base fees are also $4.95, making it a fantastic online stock broker for those trading in this realm. OptionsHouse is an online brokerage firm known for its low trading fees, and it is one of the best investment brokerage platforms in the industry. Margin Account: If you want to borrow money from a broker, interest rates range from 3.25% for repetitive borrowers or traders with an account of $1million to 8% for accounts with less than $25.000. 2019 Update: The Optionshouse brand was eliminated in 2017 and rolled into ETRADE.This is an unfortunate change because ETRADE charges higher commissions and fees across the board. Instead of paying higher fees, consider switching to M1 Finance (see my review) to trade stocks and ETFs for free.. Original Review: I first opened an OptionsHouse account more than five years ago.
12/4/2015. Pretty good for what you get. Low option fees. Low margin rates if you borrow a lot. The older version was better than this trademonster… Read More.
OptionsHouse, $4.95 trades - $0.50 per contract + $4.95 base, No minimum. $2000 for margin. $4.95 flat rate trades and $0.50 contracts make this perhaps the 25 May 2012 Naked Puts Versus Traditional Margin: Leverage For A Little Less Coin The quoted interest rate for my brokerage is between 6.25 -9.00% While researching other options, I noticed that Optionshouse.com had the EXACT 6 Dec 2017 In an ironic turn of events OptionsHouse was bought by E*TRADE last likely to trade on margin, which gives E*TRADE higher interest rates OptionsHouse is an online broker with fairly straight forward commission offerings. Stock Trades - OptionsHouse's flat rate stock trade commissions of $4.95 are among the lowest of any current online broker. For stocks under $1 add $.0005 per share. The $4.95 rate applies to any sized order up to 50,000 shares. For investors who plan on using margin, OptionsHouse charges a margin interest rate of 7.75 percent for $25,000 margin balance, which is about middle of the pack in the survey. This rate drops off considerably for larger balances, so this may be one instance where OptionsHouse is better suited to larger accounts. Final Thoughts. OptionsHouse has proved to be a terrific home for options traders over the years. There was no better confirmation of OptionsHouse’s dominance than the firm’s acquisition by ETRADE for $750 million in July 2016. For now, OptionsHouse remains a stand-alone brand that continues to do what it does best.
Margin trading entails greater risk, including, but not limited to, risk of loss and incurrence of margin interest debt, and is not suitable for all investors. Please assess your financial circumstances and risk tolerance before trading on margin. Margin credit is extended by National Financial Services, Member NYSE, SIPC.
7 Jun 2014 Margin rates are two percentage points lower at OptionsHouse for a $25,000 balance. The platforms are both packed with terrific tools for locating You must also bear in mind margin calls and high rates could see you actually lose Etrade bought the established OptionsHouse trading platform in 2016. 12/4/2015. Pretty good for what you get. Low option fees. Low margin rates if you borrow a lot. The older version was better than this trademonster… Read More. Customers wishing to open a margin account will need $2,000 to fund their account. Low Trading Fees. Most discount brokers charge anywhere from $7 to $10 for 15 Mar 2010 (200 trades plus $30K margin) (4), %Margin Rate $10,000 balance OptionsHouse, www.optionshouse.com, 1-877-653-2500, Browser 6 Mar 2018 Low margin rates. If you like to trade on margin, OptionsHouse bests the average rates offered by others as you can see in the image below. Interactive Brokers also leads the industry with the lowest margin rates, which Speaking of equity trades, rates start at $.005 per share with the fixed-rate Interactive Brokers, Lightspeed Trading, TradeStation, OptionsHouse, SogoTrade
9 Mar 2020 $0 account minimum and zero per-leg fee; Lowest margin rates in the However , expert-level traders can use its OptionsHouse platform to find
OptionsHouse’s low fees, low margin rates, and comparable pricing elsewhere make it vastly competitive among the top tiered and more expensive online stock traders on the market. While its mutual fund fees aren’t great, its Options Base fees are also $4.95, making it a fantastic online stock broker for those trading in this realm. OptionsHouse is an online brokerage firm known for its low trading fees, and it is one of the best investment brokerage platforms in the industry. Margin Account: If you want to borrow money from a broker, interest rates range from 3.25% for repetitive borrowers or traders with an account of $1million to 8% for accounts with less than $25.000. 2019 Update: The Optionshouse brand was eliminated in 2017 and rolled into ETRADE.This is an unfortunate change because ETRADE charges higher commissions and fees across the board. Instead of paying higher fees, consider switching to M1 Finance (see my review) to trade stocks and ETFs for free.. Original Review: I first opened an OptionsHouse account more than five years ago. Optionshouse used to be great for ultra cheap rates. Their new rates aren’t that cheap and their margin department is awful. For example, I bought a stock on margin and two days later they issued a margin call despite the fact that the stock was up from where I bought it. I was at greater than 50% equity but still got a margin call. OptionsHouse on the other hand is $8.95 + $0.15 per contract. You’re saying $0.60 per contract, and if you’re buying or selling options regularly the fees add up. OptionsHouse rocks for stocks too, as they do flat rate $2.95 for stock trades while Ameritrade is much more. One thing that I think OptionsHouse needs to work on is their web If the margin rate was 6% or 5%, your net gain would have increased proportionately. About The Lowest Margin Rates Above is a table of rates for margin trading charged by the leading discount brokerage firms such as Etrade, Merrill Edge/Lynch, TD Ameritrade, Fidelity Investments, Charles Schwab, Ally Invest, Interactive Brokers and others.
6 Mar 2018 Low margin rates. If you like to trade on margin, OptionsHouse bests the average rates offered by others as you can see in the image below. Interactive Brokers also leads the industry with the lowest margin rates, which Speaking of equity trades, rates start at $.005 per share with the fixed-rate Interactive Brokers, Lightspeed Trading, TradeStation, OptionsHouse, SogoTrade OptionsHouse Review - We've reviewed OptionsHouse and rated them on service, trading platform and fees. See how they rate and who we recommend them Both TD Ameritrade and OptionsHouse also offer retirement accounts with no fees. Neither firm has an opening deposit requirement. Margin borrowing is One of the best margin rates anywhere. Very good customer service. They are backed by Peak6, a professional trading company. Cons: Their tools and resources