ChoiceTrade vs optionsXpress 2013 Review

star Poor

star star Mediocre

star star star Good

star star star star Excellent

star star star star star Outstanding

trophy Featured

optionsXpress
ChoiceTrade
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Current Offers Special Offer: Receive $100 Cash with any New Account - Learn More
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Fees

Flat-Fee Trade Plan* $8.95 $5.00
Per-Share Trade Plan N/A N/A
Mutual Fund Trade Fee* $9.95 $25.00
Options Trade Base $0.00 $5.00
Options Per Contract $1.50 $0.15
Options Exercise Fee $0.00 N/A
Options Assignment Fee $0.00 N/A
Broker Assisted Trades $8.95 $25.00
Minimum Deposit $0.00 $0.00

2013 Review Ratings

Overall star star star Star N/A
Commissions & Fees star star N/A
Customer Service star star star star N/A
Platform & Tools star star star Star N/A
Research star star star N/A
Ease of Use star star star star N/A
Investment Offering star star star N/A
Education star star star Star N/A
Mobile Trading star star star Star N/A

Brokers

optionsXpress ChoiceTrade

Account Features

Virtual Trading check check
No Minimum Deposit check check
No Maintenance Fees check check
No-Fee IRAs check
Online Trader Community check check
Investment Education check check
Live Seminars check

Mobile Trading

iPhone App check check
iPad App check
BlackBerry App check check
Android App check
Mobile Site check

Trade Types

Stock Trading check check
Options Trading check check
Mutual Funds check check
FOREX Trading check
Futures Trading check

Banking Features

Checking Accounts
Savings Accounts
Credit Card Accounts
Debit Card Accounts
Mortgage Loans

Margin Rates

Under $25k 8.25% 0.00%
$25k to $49k 8.25% 0.00%
$50k to $99k 7.25% 0.00%
$100k to $249k 7.00% 0.00%
$250k to $499k 6.75% 0.00%
$500k to $999k 6.50% 0.00%
Above $1,000,000 6.00% 0.00%

Recap

optionsXpress ChoiceTrade
Open Account Open Account
Current Offers Special Offer: Receive $100 Cash with any New Account - Learn More
Broker Reviews Read full review › Read full review ›

optionsXpress vs ChoiceTrade

StockBrokers.com 2013 review compares ChoiceTrade vs optionsXpress. Compare ChoiceTrade and optionsXpress trade commissions, fees and overall broker ratings by using the chart above. Is ChoiceTrade or optionsXpress a better online broker? The StockBrokers.com staff breaks down all the key broker features, rates, and commissions charged to clients to determine the best broker.

There is a significant price difference of $3.95 per stock trade between optionsXpress and ChoiceTrade. optionsXpress's per trade stock price of 8.95 is significantly higher than ChoiceTrade's per trade stock price of 5.00.

There is a large difference between optionsXpress's "Overall" rating of 4 stars and ChoiceTrade's "Overall" rating of -1 stars.

Only optionsXpress has an iPad app for tablet trading while ChoiceTrade does not support the device at this time. You can find the app in the iTunes app store. Both ChoiceTrade and optionsXpress have an iPhone App for mobile trading.

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