optionsXpress Specifications

optionsXpress Product Details

Low Commissions and More Value

optionsXpress is always a low commission leader. Our trade fees have NEVER increased since our inception. We also offer no–fee IRAs and broker assistance on trades at no extra charge. We mean it when we say No Hidden Fees.
Easy–to–Open Accounts

You can open an optionsXpress account in as little as 5 minutes. Fund your account with a paper check, automated funds transfer (ACH) or wire transfer. We even provide a free next–day air label to send us any paperwork requiring your physical signature.³
Sophisticated Order Management

optionsXpress’ advanced order functionality allows customers to help manage risk. Our order entry screens are specially tailored for easy stock and options trading whether you’re placing a simple stock buy order, a covered call, a trailing stop order, a One Cancels Other (OCO) or other advanced order.
Financial Reliability

optionsXpress is a member of SIPC, which provides up to $500,000 in account protection against the financial failure of the Firm, of which $100,000 may be in un–invested cash. In addition, accounts are protected by extended coverage up to the value of the account.
System Reliability

optionsXpress runs on industrial–strength hardware and software from leading technology providers. We subject our systems to rigorous testing and multiple connections through several Tier 1 Internet backbones to minimize the likelihood of connectivity lapses.
Education Resources

New investors can start with our Educational Resources to learn about specific strategies and advanced concepts. All account holders can open and trade in a Virtual Trade account to test their knowledge without putting money on the line. We also offer online training seminars. And discounts on books and videos.
Exceptional Customer Service

optionsXpress customers can access help the way they want it: live chat, e–mail or on the phone. Our customers enjoy virtually instant access to customer service during market hours.
Extensive Tools

optionsXpress offers powerful tools for evaluating and executing stock and options trades including streaming quotes, real–time charting, StrategyScan and The Dragon.
Security, Protection & Privacy

optionsXpress takes your account security seriously and we take precautions to protect your personal information including firewall protection to restrict outside access, password authentication and communication encryptions. We do not sell your private information to third parties. Please read our privacy policy for more details.