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Dogs of the Dow

OptionsXpress Reviews

Here you can review a collection of OptionsXpress reviews from fellow Dogs of the Dow investors regarding OptionsXpress. For our list of the best low commission online brokers, take a look at our exclusive list of Top Dog Brokers. And, as always, if you have experience with a deep discount broker, simply fill out our Top Dog Brokers Comment Form and let us all know what you think.

Reader Interactions

Comments

  1. Dan McGlasson says

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    Pros – easy platform online. Cons – pricing of commissions is not always as marketed.

  2. Dan McGlasson says

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    Pros – easy to navigate web platform, research tools. Cons – mobile app is clunky and needs work.

  3. James says

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    They handle my trades fine. Customer service has been helpful when needed assistance. IT Dept appears to have too much time on their hands. Have changed access to the base charts that I use a number of times over the past couple of years — don’t think the changes have been an improvement. Their “news” on a stock is not particularly useful. I’ll go to Yahoo Finance for that. My impression is that their pricing for options trades and perhaps stock trades may be a little high. These are nits, not enough to make switch. My accounts with them are very small.

  4. Edward says

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    Cons: commissions are a little steep compared to some others. Pros: ease of use and help features.

  5. Bob says

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    Best customer service. Responds to emails quickly, super helpful on the phone.

  6. Bill says

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    Superb customer service, improvement needed with the website, commission is high.

  7. Ken says

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    Excellent service, their staff are very helpful. I don’t know a real down side to the service. Their fees are just average and could be better.

  8. Kanu says

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    Great broker service, very high commission. Don’t offer futures & future options in IRA account LOL !

  9. Warren White says

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    There are no cons. I’m completely happy with them. Their executions are quick, and the site is easy to navigate.

  10. Kanu says

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    Pros: great customer service. Cons: Poor charts, no options on futures in practice account (that is virtual account) and no 4 leg trades offered (condors).

  11. Warren White says

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    Quick execution at good prices.

  12. Warren White says

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    Good execution, easy to use, and low commissions.

  13. Bobby Cook says

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    Trade platform more suitable for retail traders.

  14. Suresh says

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    Excellent executions of orders and good reports.

  15. Steve Shape says

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    Customer service is not very efficient, commissions are competive. They cannot deal with my accounts as well as they used to since being acquired by Schwab.

  16. Willie Austin says

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    Excellent customer service.

  17. Markus Isenrich says

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    Great with options. Needs to update its web based platform.

  18. Bobby Cook says

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    One of the highest in the business. Trading platform is not for the professional trader — stictly retail.

  19. Bob Camper says

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    Great Firm never any problems in last five years trading.

  20. William E. Morrison says

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    Simple straight forward and cost effective. Does not spam me with ads in my email.

  21. Steven says

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    Good online platform with reasonable fees, but customer service has been suffering in recent years with the acquisition by Schwab.

  22. Jill says

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    Count me as a fan of OptionsXpress’s research tools and mobile apps.

  23. Bob Gordon says

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    I used TOS/TD Ameritrade & Options Xpress and they, and several others, are now discounting commissions through a new site that was started by Tom Sosnoff, the founder of TOS which was acquired by TD Ameritrade. I was able to get a $350.00 discount on my trades through my existing brokers!

  24. Ellie says

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    Really appreciated the free broker assistance and at $9.95/trade OptionsXpress is pretty competitive, so far so good.

  25. Scott says

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    The cheapest options broker you can find! I’ll keep looking for the best deal but I’m an active trader so I get their $12.95 flat rate, can’t beat that!

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