$0 option trading mega-thread: Brokers list.

Discussion in 'Options' started by tonyf, Aug 14, 2020.

  1. ironchef

    ironchef

    Schwab for sure.
     
    #11     Aug 14, 2020
  2. ffs1001

    ffs1001


    upload_2020-8-14_21-7-26.png

    Same price as IB.
     
    #12     Aug 14, 2020
  3. ironchef

    ironchef

    You just have to ask what it takes to get reduced commissions or zero commissions if you sign up. The branch manager does have some discretion.
     
    #13     Aug 14, 2020
  4. Amun Ra

    Amun Ra

    You kids have no idea how good you have it with these 65 cent commissions and no base rate these days.
     
    #14     Aug 14, 2020
  5. traider

    traider

    Do you always pay 0.65? I often pay 1.10 with IB depending on how it is routed.
     
    #15     Aug 15, 2020
  6. tonyf

    tonyf

    No branch manager for us living abroad. Are you saying that Schwab is willing to negotiate fees?

    If so, I will skip Tradier/firstrade all together and stick with them. Something IB has never accepted to do unfortunately...
     
    #16     Aug 15, 2020
  7. tonyf

    tonyf

    What are you talking about? Thomas Peterffy is worth $15.3bn these days....
    I have a clear idea who is having it the best.
     
    #17     Aug 15, 2020
  8. ironchef

    ironchef

    Sorry. Didn't realize you are outside the US. In the US, many brokerages will negotiate commissions depending on how desirable you are as a client to them.
     
    #18     Aug 15, 2020
  9. ironchef

    ironchef

    @Amun Ra was right. Not that long ago, they charged me $9.95 a contract and before deregulation, non discount brokers charged several hundred dollars a contract.
     
    #19     Aug 15, 2020
    BlueWaterSailor and Cabin111 like this.
  10. Whew. Glad to see those days are gone. Much as I'd have loved to catch the action on the trading floors in days of yore, the modern flexibility, availability, ease, and low cost of trading today are astounding and I greatly appreciate them.

    (I would be ecstatic to have my options fees be in the thousands of dollars; it would mean that I was making millions. I'd probably send my broker expensive wine and chocolates for the privilege.)
     
    #20     Aug 15, 2020