Compare What's Important to You |
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| |
optionsXpress |
TD Ameritrade |
Schwab |
E*Trade |
Fidelity |
Scottrade |
| Barron's Score1 |
    |
    |
    |
    |
    |
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| Options |
| Equity or Index Market Orders |
$1.50/contract or $14.95 minimum
$1.25 after 35 trades5 |
$9.99 base + $0.75/contract |
$8.95 base + $0.75/contract |
$9.99 base + $0.75/contract |
$7.95 base + $0.75/contract |
$7.00 base + $1.25/contract |
| 10 Contracts (Limit Order) |
$15.00 |
$17.49 |
$16.45 |
$17.49 |
$15.45 |
$19.50 |
| 20 Contracts (Limit Order) |
$30.00 |
$24.99 |
$23.95 |
$24.99 |
$22.95 |
$32.00 |
| Exercise and Assignment |
$14.95
|
$19.99 |
Online |
$19.99 |
Online |
$17.00 |
| Futures |
| Futures Contracts2 |
as low as
$2.99/contract |
Not Available |
Not Available |
$2.99 |
Not Available |
Not Available |
| Options Contracts |
as low as
$5.99/contract |
Not Available |
Not Available |
Not Available |
Not Available |
Not Available |
| Other |
| Stock |
$14.95 or
$0.015/share over 1,000
$9.95 after 9 trades6 |
$9.99 unlimited shares |
$8.95 unlimited shares |
$9.99 unlimited shares |
$7.95 unlimited shares |
$7.00 unlimited shares for stocks over $1 |
| Broker-Assisted |
Same rates |
$44.99 + $0.75/contract |
$25.00 + online commission |
$45.00 + online commission |
$55.00 + $2.25/contract |
$27.00 + $1.25/contract |
| Mutual Funds3 |
$14.95 |
$49.99 |
Up to $49.95 |
Up to $19.99 |
$75.00 |
$17.00 |
| Margin Interest4 |
6.25% |
9.00% |
8.50% |
8.14% |
8.58% |
7.75% |
| Streaming News |
Free
|
$29.99/Mo. |
No |
No |
No |
Free |
| Inactivity Fee |
$0 |
$0 |
$0 |
$40/qtr |
$0 |
$0 |
1 Barron’s, March 15, 2010, 15th annual survey, Rating Online Brokers. optionsXpress awarded 4.0 stars out of 5 in overall ratings , which refers to our U.S. website. Overall ratings based on Usability, Trade Experience, Trading Technology, Range of Offerings, Research Amenities, Portfolio Analysis & Report, Customer Service & Access, and Costs. optionsXpress rated 4+ stars 2002-2010. Barron's is a registered trademark of Dow Jones & Company, Inc. © 2010.
2 Commission rates depicted in the table above are quoted on a per-contract, per-side basis. The table above does not include customary NFA and exchange fees, or our $.50 futures transaction fee or $.75 futures options transaction fee. Additional fees may apply at some foreign exchanges.
3 Based on a $7,500 principal investment in a no-load fund, may exclude any additional fees. Some of the above firms may waive mutual fund commission on certain qualifying funds or if certain investment criteria are met.
4 Rate based on $7,500 debit balance
5 Qualified active trader customers must maintain 35 or more trades per quarter and pay $1.25 per contract $12.95 minimum for option trades. Active trader rate is not available for Xecute™ services.
6 $.01 per share @ 1,001 shares and above
Disclosure
Competitor prices are based on basic services and were obtained
on 3/26/2010 and are believed to be accurate but not guaranteed. Some of the above firms may offer reduced commissions or waive fees, including but not limited to inactivity or maintenance fees or provide additional services, if certain account activity and/or account balance criteria are met.
Futures involve substantial risk and are not appropriate for all investors. Please read Risk Disclosure Statement for Futures and Options prior to applying for an account. |