What OptionsXpress has been developing in Store for You?

OptionsXpress accelerating with XpressRouter Technology

The launch of XpressRouter Technology has shaped-up all new growth prospects for OptionsXpress as this special feature helps in directing orders speedily, providing customers a leading edge over other brokers. It also confirms to the SEC’s requirement to offer the National Best Bid and Offer (NBBO) guarantee. The technology is beneficial in the times of high volatility amid panic, when one needs to make buy and sell trades hurriedly. It caters to the investors’ demand for trading efficiency and helps in executing quick orders when liquidity trends are unsettling. So far, investors have saved millions of dollars with this technology. OptionsXpress has recently clubbed this technology with their screener, so that investors get ultra fast access to crucial stock and market information.

Adding Version 1.5.3- The difference it made

With an introduction of Future Chart Support, OptionXpress has now become more interactive. Clients can access live market news support and carry out multitasking with the support of this brokerage platform.

Performance optimization and option chain optimization have further proved to be beneficial for the clients as they never felt as comfortable trading as they do with these featured services at OptionXpress.

Introducing Virtual Trade

This is another significant development from the house of OptionsXpress and it enables investors’ to engage in the trading activities, without pooling in their own funds. It is beneficial for starters, who tend to lose money through non-smart moves. So, through virtual trade, they can track the performance of riskier instruments such as options and conduct personal research and analysis. This feature of OptionsXpress makes it a training hub for many upcoming traders, who via this means would learn the strategies to be adopted in the option markets.

Citing the above stated tools and features that are offered by OptionsXpress, it provides top of the industry standards opportunities to trade in options. The fee structure it offers, though not the best in the market, but is relatively just and can be improved further. It provides one with the knowledge of efficient trading, through the free literature on stocks lying on its website, written by successful traders. It has been given a rating of 4+ stars by Barron for a continuous period of nine years.

Key Promotions and Fee structure at OptionsXpress:

Talking about what lies ahead for you in the store of OptionsXpress, it straightaway puts additional money mounting $100, to your account without any cost, provided you have pooled at least $500 in your account and made five trades within a year of opening an account. You must be thinking that $100 is not a big amount, but getting something for free is not at all bad.

The trading fee charged by the company is much affordable in comparison to other companies, which is its hallmark. The broking fees charged by the Company are a as given below:

• For up to 1000 shares, the company charges $9.95 per trade and
• For every 10 options, it charges $15

You may benefit from opening an account with OptionsXpress as its margin fees are quite low i.e. 4% for borrowing above $1 million dollars and 6.25% on balances below $50,000. Though margin trading is quite risky, but it is not so for someone who is a professional trader.

More Info on OptionXpress-

http://www.comparebroker.com/optionsxpress-reviews-online-stock-brokers-review

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