As far as ease-of-use is concerned, optionsXpress has clients covered. The broker's all-in-one trade ticket is the best available anywhere, the site design is clean, and optionsXpress is the only broker to organize all site tools by experience level and type on one page. In 2014, the broker launched IRIS, a notifications assistant for all accounts. Trade stocks, options, futures and more in one account. Take advantage of free education, powerful tools and excellent service. Important notice for former optionsXpress clients: The optionsXpress site has been retired. For questions about your former optionsXpress account, please contact us at 800-435-9050. There are two commission tiers at OptionsXpress. If you execute fewer than 35 options trades during a quarter, then you pay $1.50 for each contract, with a minimum fee per trade of $14.95. If you execute more than 35 options trades during a quarter, then you qualify for the “Active Trader” rate. Option express charges $9.95 to trade bonds, ETF’s, mutual funds, stocks, and bonds. This is high compared to close competitors such as OptionsHouse, FirstTrade and TradeKing. As aforementioned, OptionsExpress is the platform for traders who value excellent services and advanced tools and resources over cheaper fees. OptionsXpress, by Charles Schwab, is a single platform taht allows users to trade options and futures contracts. Users can manage accounts with the API including order entry as well as any account-related function that is available to users on the optionsXpress website. If it's not available on the website, it's not available via the API. An account is required with service.
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