Why optionsXpress Australia?

11 Reasons to Open an optionsXpress Australia Account

Barrons 4.5 stars
Number 1 Online Broker
  • optionsXpress Australia is powered by optionsXpress, rated the top online broker in the 2003, 2004, 2005, & 2006 Barron's online broker survey, with an unprecedented four-and-a-half star rating (out of five)1. optionsXpress was also rated the 2006 Best Online Broker2 by Kiplinger's.
  • optionsXpress Australia provides online equity and derivative trading solutions to investors at discounted rates for the U.S. markets.
Easy to use trade screens
User-friendly website
  • No additional hardware or software is required. Simply login to your account and you are set to go.
  • Easy to use order screens to make complex trading simple.
  • You may enter your trades 24 hours per day, 7 days a week.
Live Help
Customer Service
  • You may contact us in several ways:
    • Phone: 1300 781 132 (8.30am - 5.30pm EST.)
    • Instantly with Live Help (Mon-Fri 8am - 7pm, Sat 10am - 2pm U.S. EST.)
    • Email us anytime.
  • Our customer service representatives are experienced and professional. They will answer your questions promptly and in a clear-cut manner.
  • We listen to your suggestions and feedback.
StrategyScan
Education, Tools, Quotes & Data
  • There are many educational resources available on our website. You will find everything from the reasons for including options as part of your trading portfolio through to advanced strategies.
  • We provide comprehensive, powerful tools including StrategyScan that enables you to evaluate option strategies as well as free Virtual Trading where you may test your knowledge and market savvy.
  • Clients have access to free, unlimited real-time stock and option quotes.
Option Order Preview
Order Execution
  • We specialise in executing option trades.
  • 99% of all orders we accept are instantaneously directed to an exchange for electronic execution. This is generally much faster than calling orders in to a broker, and in our own internal testing a market order takes less than ten seconds.
  • BARRON'S said: "...you'll find screens set to walk you through complex transactions... and enter orders contingent on user-specified market criteria..."
  • FORBES said: "puts an emphasis on execution..."
Strength
Financial Strength
  • optionsXpress Australia is an Australian Licensed Securities dealer (AFS Licence No 246743).
  • optionsXpress Australia is powered by optionsXpress, a member FINRA, SIPC, CBOE and ArcaEX.
  • Your U.S. trading account is protected up to US$24,500,000.00 per trading account. You are protected from losses due to the financial failure of optionsXpress, not against a change in the market value of securities in your account. More info...
Reliability
Reliability
  • The optionsXpress Australia site runs on industrial-strength hardware and software.
  • Our system is continuously tested and is supported by IT staff.
Security & Privacy
Security & Privacy
  • We have introduced precautions to protect your security, including encryption of all communication and firewall protection.
  • We do not sell your information to third parties. View our privacy policy.
Competitive Pricing
Competitive Pricing
  • Options are US$1.50 per contract (10+ contracts) OR (not and) US$14.95 minimum per order (GST inclusive).
  • Stocks are US$14.95 up to 1,001 shares (GST inclusive).
  • View our commission schedule.
  • For securities trades made on a US exchange, you'll get the National (U.S. Exchanges) Best Bid or Offer on any eligible trade. We guarantee the best price or we'll credit your commission. More info...
  • BARRON'S: "...more bang for the buck."
Open an Account
Opening an account is easy
  • You can open an account online in less than five minutes and choose from Individual, Joint, Trust and Superannuation or Corporate accounts.
  • Choose between cash or a cash/margin account.
  • There is no minimum balance required to open your optionsXpress Australia account.
    (Note: There is a USD2,000.00 minimum required to maintain a margin account.)

1 Best Online Broker 3/15/08, 3/6/06, 3/7/05, 3/8/04, 3/10/03, and one of Barron’s Best Online Brokers 3/3/07, refers to our U.S. website and is based on: Trade Experience; Trade Tech; Usability; Offerings; Research; Portfolio Analysis; Customer Service/Access; Costs. Barron's is a registered trademark of Dow Jones & Company © 2010.

2 "The Best Online Broker" by Kiplinger's 7/06, refers to our U.S. website and is based on: Commissions/Fees; Executions; Margin Rates; Interest on Cash; Maximum Fund Transaction Fee; Responsiveness/Broker Knowledge; Research; Web Site; Cost-Basis Data; Conduct. Kiplinger's is a trademark of The Kiplinger Washington Editors, Inc. © 2010.