optionsHouse is CHEAP, really good for the commission, must have

100 free trades means you can trade for 2-3 months for FREE. OptionsHouse also has virtual trading where you can try out trading before you put real money in

Excellent customer service . Low rates. I am really happy with Options House

Make sures customer neds are satisfied

Opened my account yesterday with OptionsHouse, waiting for it to be approved but I tried their virtual trading. On mac it didnt work too well.. windows is ok. not too fussed about it but would be nice to be able to work on my future ipad ;)

I want to know which is better... zecco or tradeking

Options House is okay.. they are still evolving. I dont know how I ended up here but essentially optionshouse isnt ready for for traders like me who are extremely active. etrade / TD Ameritrade is probably better

Both Zecco & Tradeking have thier benefits. Zecco has free trading every month if you cross the threshold. Otherwise both are pretty good and Zecco is slightly cheaper. You can read reviews about Zecco here if you are interested: <a href="http://www.comparebroker.com/zecco-reviews-online-stock-brokers-review">Zecco Reviews</a>

Is this a scam?

I started using OptionsHouse last month and their trading platform is little bit annoying in the beginning that it opens up and takes entire space. Since I had 100 free trades when I opened my account with OptionsHouse, I kept using it for couple weeks (and I actually made pretty good money because I almost operated like a day trader, did not care about brokerage fees ) After some continuous usage, I started to like OptionsHouse a lot.

Honestly speaking I really love their contextual menu options when you can right click and issue commands to the system. I recently purchased several stocks using my optionshouse account without any problem.

There is a lot of bad information out there regarding brokers. Reading through all the brokerage account reviews, I got so fed up that I just opened up a bunch of accounts and tried them all out. When I tried out the services myself I had some interesting findings.

Regarding trading platform quality, IMHO OptionsHouse is little bit on the cheap side in the sense that their platform is not as pretty looking as others such as Zecco or TD Ameritrade or likewise. First of all TD Ameritrade charges you freaking 10$ per trade. If I started with TD Ameritrade, I would have paid 1,000$ to them just for learning how to trade. With OptionsHouse I had the luxury to try out and learn my way through stumbling. Note that for some brokers, you will get the best experience with their desktop application, while with others, you’ll get a better experience via trading through the web.

TD Ameritrade has a problem in how they handle limit orders and also they have screwed their customers in several instances which leads me to not recommend the service.

When you are doing Options Trading cost per contract is very important to you. After OptionsHouse, the cheapest per contract fee I have seen is Zecco at 50 cents. The typical retail trader is not trading 1000 contracts at a time. For those that are, OptionsHouse is obviously the best choice. Don’t forget about option exercise and assignment fees, which can vary greatly. Zecco is at $4.50 while OptionsHouse is at $5. TD will run you $19.95!

Best discount brokers for stock and options trader is TradeKing and OptionsHouse. If you just trade stocks, add Zecco to that list.

No 1040 support with Gainskeeper or another tool. This makes it very difficult to track trades when it comes to tax time.... Their website doesn't show margin equity used per position. (I was at TD Ameritrade and their site shows this much clearly and is more helpful).

OptionsHouse UI is not as friendly but I have an account with them coz they are so cheap. You get what you pay for. So if you don’t trade multiple times a day, you can easily pull it off with OptionsHouse

Hey Nikkie,

Ditto, I am not a great fan of OptionsHouse either. Just like you, I have an account with them just because of their rates. IMHO that is their strategy I think. They don’t pay their designers and just hence keep the cost lower lol. Either way, its worth having an account with them

Oh god! I have been waiting for about 34 days to establish this ACH fund transfer deal. Week after week they put me on hold to review my application and then I hear the same answer " It has been solved and you will see a micro deposit in your account next week" .. I am just freaked out and might go with lighspeed or something else..really bad customer service

Hey Mayt,

I didnt have that problem. Not sure what experience you had. You probably want to call their customer service. I agree they dont have the best trading experience but their rates are awesome and hence I hold an account with them and I have 3000$ there for occasional orders where I dont care about the speed. Just a way to save some bucks