Recent Changes to iStockManager iPhone app from TD Ameritrade have made it almost unusable. So I decided to open an account with OptionsHouse. I get much cheaper pricing and decent iPhone app. Very happy with the switch

It is the choice that you make while selecting a broker that matters the most in the long run. Always going for discounts or cheapest services does not serve the purpose and the chances are that you will strike a bad deal. How much value for your money does a broker offer is the real key.

Lately, OptionsHouse has been in the news for the wrong reasons. It raised flat fee from $2.95 to a flat $3.95. This made me take a fresh look at the popularly known options broker and check if it still remains the cheapest in the pack of online discount brokers. Read on find out:

Elfin ignorance is often shown by investors while zeroing down on a broker. Knowing that this is a very critical decision one should remain cautious, as his financial growth somewhat depends on this initial decision. Some key aspects that one needs to scan through, before getting into a relationship with a broker, are his professional background, ability to manage money, and his expertise in the field.

Interested in the stock markets? Well before you start Googling to look up for the best discount online broker available. Do read this, as it could help you in choosing the best brokerage trading platform available over the internet and it would also inform you about the free application, Zecco.

I have a weird problem with my OptionsHouse account. It takes OptionsHouse a full day to update my buying power after a transaction is occurred which is freeing up some money. WHY? Initially I thought I was doing something wrong but it turns out OptionsHouse servers cannot calculate buying power in real time! That sucks for OptionsHouse, do NOT recommend for penny stocks.