I trade options online and pay $14.95 for the first 10 contracts and $1.50 each thereafter. Does anyone know of a better firm for this?
2007-01-22 16:54:12 · 3 answers · asked by kenny_scarface 4 in Business & Finance ➔ Investing
Depends on what features you are looking for and what size you trade. Generally, if you do decent size then you can negotiate with your broker. Anyway, Thinkorswim has the best platform at reasonable commissions, especially for small traders trading a few contracts at a time, but you can negotiate a significantly lower rate provided you make enough volume. Otherwise, Interactive Brokers has the lowest posted commissions for options.
2007-01-22 21:15:41 · answer #1 · answered by Alex 4 · 1⤊ 0⤋
I pay $8.95 + 0.75 at Fidelity. However, that's discounted due to my level of trading.
2007-01-24 10:48:53 · answer #2 · answered by ckm1956 7 · 0⤊ 0⤋
catch trend with chart
than traderate
2007-01-22 18:45:14 · answer #3 · answered by dinu_pawar 5 · 0⤊ 1⤋