i need a good broker

Discussion in 'Options' started by sheng, Feb 5, 2008.

  1. sheng

    sheng

    I'm new to options...
    i need a good broker that will meet my needs:

    -1-5 contract per trade
    -1000-3000 min account deposit
    -nice easy to use platform
    -no monthly fees

    i was looking at the following three:

    optionshouse
    interactive brokers
    think or swim

    thanks for your help
     
  2. H*Pi

    H*Pi

    All of thew above have higher minimums. IB is $10k and TOS is $3.5k. I don't know OH's minimum.
     
  3. I use optionsxpress.com and it works alright.
     
  4. MTE

    MTE

    If you are new to options then Thinkorswim would be hard to beat in terms of the platform and customer support.
     
  5. Sheng,

    You were a little vague . . . are you just trading options? Do you need quality educational tools? Everybody's got something a little bit different to offer.

    If you're just trading options, then TOS is a good suggestion, but they don't offer futures, if that matters to you.
     
  6. ssss

    ssss

    oxps ,thinkorswim,ameritrde have direct routing

    IB is not cheaper by direct routing(1.75$) and is market -maker
    through TMWD

    OXPS,AMTD,IBKR are public noted with 1-10 bln$ of market value

    TOS privat .


    Author have had legal issue with TOS

    P.S. tradeking is cheaper ,but have not direct routing
     
  7. zdreg

    zdreg

     
  8. ssss

    ssss

    TOS is a 100% owned subsidiary of a publicly traded co trading under the symbol swim.


    Dear Sir

    You are right ... Author not contacted TOS after legal issue
    in feb 2007


    Excuse the author for not precize information
     
  9. ssss

    ssss

    Business Segments
    Management analyzes our operations by reviewing financial information regarding products and services that, up through 2006, were aggregated into a single operating segment, investor education. Following the acquisition of thinkorswim in February 2007, we will also report a securities broker-dealer segment.

    http://www.sec.gov/Archives/edgar/data/1145124/000110465907020069/a07-5445_110k.htm
     
  10. MTE

    MTE

    TOS does offer futures, not all but they do!
     
    #10     Feb 6, 2008