Mobile Trading Platform from OptionsHouse for Android Devices
The power of trading markets is now in hands of android users. OptionsHouse has recently launched Android App, and the features look promising. In this post I will discuss about the features of latest OptionsHouse Android App. I will review the brokerage to help you decide whether OptionsHouse is a suitable option to go with in this highly competitive discount broking industry?
OptionsHouse is one fine name competing in the discount brokerage industry, founded in 2005; it is now ranked among the top industry players. When it comes to trading option contracts, OptionsHouse is hard to beat in pricing along with the wide array of tradable contracts. But, don’t just go by the name, OptionsHouse is a full service broker that along with options lets you trade in stocks, ETFs, retirement accounts and whole host of mutual funds at competitive pricing.
For complete review do read:-
Why should you trade with OptionsHouse?
Features of the OptionsHouse Android App
The new application allows trading in stocks and options on the go at low commissions. You also get the advantage of trading spreads from options chain. The app allows you to cancel open orders and monitor your positions. Now, no matter where you are, you can always keep a track of your watchlist and set trades in a matter of seconds. The best part is that the app allows you to view charts and fundamentals for symbols; professional traders will love the charts with OHLC and candlestick formats.
To reap the benefits of this android trading platform you need to be a registered member with OptionsHouse.
So what’s new in OptionsHouse Android App?
In this version, you can login to your account using a four-digit passcode, and your application stays logged in even while you switch between multiple apps. You can store your app on the SD card, this will keep your built in memory free and your device can perform better. In this version your watchlist has an additional feature of adding percentage change for your scripts. You are automatically logged in to the last accessed account, and this version comes with many more general bug fixes and enhancements.
OptionsHouse Mobile Trading Apps
OptionsHouse has already developed mobile trading apps for various platforms. Recently, they launched fully functional apps for iPad, iPhone and iPod Touch which can be used for streaming live quotes, trading spreads, placing stocks and options orders along with many more features including the use of their virtual trading platform.
Other mobile device users can use their fully functional mobile website, where they can access every feature that is available on desktop version.
Now the real question is if the OptionsHouse trading platform is right for individual trading needs?
Should you open an account with OptionsHouse?
Well, you might be interested in some other trading platform, or you may already have an account with some leading brokerage, but the research tools from OptionsHouse are simply awesome. So, even if you decide to trade from a different platform, opening an account with OptionsHouse will give you the advantage of using those tools for free.
For those who are still searching for the apt brokerage for their trading needs, OptionsHouse has a pricing and commission structure that you cannot ignore. Along with competitive pricing they have a barrage of trading tools which makes them a better broker in the discount broking industry.
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Refer your friends to OptionsHouse and get your choice of $150 or 30 commission-free trades.
10 April 2012
Can you provide your views on Lightspeed Trading and ETrade? I would appreciate your concern. If you have already reviewed them then plz share links
10 April 2012
Lightspeed is all about lightening fast trades at lowest possible rates. You might find this info helpful :- http://www.comparebroker.com/blog/2011/09/09/reviewing-lightspeeds-lspt-route-and-execution-costs/
26 September 2011
Hi Varun,
In my opinion, Optionshouse is by far the best online broker for beginners. I use Interactive Brokers and they are a little bit cheaper, BUT there platform is no where near as easy to use for beginners. The Optionshouse platform is very user friendly.
Gavin.
27 September 2011
I guess you are right about their platform, but then they make up a good choice for active traders as well. I think Zecco and Scottrade are also suitable for beginners, but their platforms may not be as good as OptionsHouse.
10 April 2012
They might be good for beginners, but all those tools at such low commissions make them the best for professional traders. I trade options, and I don’t think anyone can beat their $5 for 5 contracts pricing. They have slaughtered every single competitor. What say???
10 April 2012
haha funny name you have got. Yes bingo! you cannot beat OptionsHouse pricing. They have priced their platform incredibly low. However remember, their platform is still lagging behind little bit as compared to the ones like TradeMonster. But OptionsHouse you get the best bang for your buck, so you figure what works for you. I personally trade with OptionsHouse quite a bit due to their pricing, it makes a big different on my bottom line