OptionsXpress Online Stock Trading Review

Rating: 7.9 / 10 (Very good)
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OptionsXpress is an online stock trading company that specializes in futures, mutual funds, stocks and income brokerage services in the United States and investors across the world. Started in 2001, OptionsXpress is now a subsidiary of The Charles Schwab Corporation. The company’s platform gives you access to a variety of trading tools that help you identify, analyze and carry out various investment strategies. Its partnership with The Charles Schwab Corporation offer investors additional brokerage services and access to banking services through Schwab Bank.


Investment Products


Item Availability
Easy to borrow stocks
Futures markets
Foreign exchange
Mutual funds
Exchange traded funds
Retirement accounts
International stock exchange


Fees and Costs


  Fees and Costs
Options trades $8.95
Broker assisted orders Zero
Market trades $8.95
Futures contract fees $3.50
Maintenance fees Zero
Minimum account balance fees Zero
ACH withdrawals $20
Check withdrawals $20
Full account transfers $60
Partial account transfers Zero
Telephone orders Zero


Trading Tools


Item Availability
Automated trading
Analysis research reports
Virtual trading
Level II quotes
Options tools
Quick order entry
Real-time charts
Real-tme quotes


Account Information


Account balances
Account history
Order status
Partial account transfers


Financial Profile


Banking services
Credit card
Debit card
Retirement planning
Wealth assessment tools
Account security services
Asset protection


Mobile Tools


Mobile alerts
Mobile deposits
Mobile trading


Customer Support Services


Live chat
24/7 support


Online Stock Trading with OptionsXpress

OptionsXpress may not be ideal for high volume traders since fees and charges for trades are considerable higher compare to the other companies reviewed. However, OptionsXpress does provide useful tools and training materials that can adjust to the client’s experience.  It also offers clients a variety of trading options that includes those made from a mobile device. A solid choice for investors searching for a reputable online stock trading service.


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Top Rated
9.0 / 10
  • No minimums to open an account
  • $9.99 per trade
  • In-depth analysis
  • Free and extensive data research
  • Two trading platforms to choose from
  • 24/7 phone support