Who qualifies as the Worst Brokerage? You get what you pay for, those cheap Brokerages probably have lost you more money than you saved because of their horrible web based trading. I lost some cash with the new broker I opened up, when I would go to cancel a order their platform would fight me. It was like the Broker was so afraid I was not going to make my trade (commission???), they make it difficult to cancel my orders. E-option(their website is not made to trade any stock that moves, unless you have all day to place a order, they are kinda terrible!) make's this broker look good even though they suck without Sterling! Think before you join a brokerage please! Evaluate, look at all they have to offer, this broker offer's nothing! No Option Chains, No News, Nothing, Nothing but a stupid weak 1990s order entry unless you pay up and make 100 trades a month your stuck with a rotten web based dumpster!
My concern are the fills. Obviously with that commission structure, you are more inclined to do 20x20 spreads or more. A bad fill could be disastrous or unable to get filled.
Thanks for the heads-up! I’ve always found that if you stick with the more established brokerages, you can’t go too far wrong.