OptionsHouse Reviews
Average Rating (3 ratings total)

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OptionsHouse, LLC, is an online stock and option broker delivering Web 2.0 style trading tools via their web site at OptionsHouse.com. OptionsHouse's flat-rate commission offers online trading of $9.95 per option trade and $4.95 per stock trade, with no escalating fees, regardless of size. In Barron's 2008 survey of Online Brokers, OptionsHouse earned a four-star rating and its platform was ranked number-one for usability.

Tradable Assets

Asset class Details
U.S. Stocks
Options
Mutual Funds

Stock Commissions

Order Method Cost per Trade
Online
$4.95
Broker-Assisted
$4.95

Options Commissions

Trade type Cost per Trade
Options trade (per leg)
$9.95

Account Minimums & Cash Interest

Minimum Balance (Cash)
$1,000
Minimum Balance (Margin)
$2,000

Margin Rates

Margin debit balance Margin Rate
$0 - $49,999
5.20%
$50,000 - $499,999
4.20%
Over $500,000
3.20%


Tools Service Features Trade Features
  • Real time data
  • Broker Assistance
  • Phone Support

Fees

Wire Fees (domestic)
$15.00
Overnight Check Delivery
$20.00
Saturday Delivery Checks
$25.00
Mailed Confirmation Fee
$2.00
Returned Check Fee (per check)
$25.00
IRA Closing Fee
$20.00
Transfer and Ship (certificate)
$50.00
Outgoing ACAT Transfers
$50.00
Partial Account Transfers
$25.00
Annual Checking Account Maintenance
$30.00
Checking Account Check Stop Payment
$25.00
Checking Account Return Check
$30.00
Spreads, Straddles, Combos and Covered Calls
$9.95 per leg. Each leg represents a trade.
Exercises and Assignments
$9.95

Contact Informartion

Contact Information
Mailing Address
OptionsHouse, LLC
303 E. Wacker Drive
Suite 700
Chicago, IL 60601
Phone


Phone Hours
877-653-2500
312-676-8801

Customer Service Hours
7 am to 6 pm CT, Mon-Fri
(except exchange holidays)
Website
http://www.optionshouse.com
Fax
866-492-2478


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