Interactive Brokers 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

Interactive Brokers
optionsXpress
Open Account Open Account Open Account
Current Offers Trade on over 100 market centers in 19 countries - Learn More Special Offer: Receive $100 Cash with any New Account - Learn More
Broker Reviews Read full review › Read full review ›

Fees

Flat-Fee Trade Plan* N/A $8.95
Per-Share Trade Plan $0.0050 N/A
Mutual Fund Trade Fee* $14.95 $9.95
Options Trade Base $0.00 $0.00
Options Per Contract $0.70 $1.50
Options Exercise Fee $0.00 $0.00
Options Assignment Fee $0.00 $0.00
Broker Assisted Trades $100.00 $8.95
Minimum Deposit $10,000.00 $0.00

2013 Review Ratings

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

Brokers

Interactive Brokers optionsXpress

Account Features

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

Mobile Trading

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

Trade Types

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

Banking Features

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

Margin Rates

Under $25k 1.66% 8.25%
$25k to $49k 1.66% 8.25%
$50k to $99k 1.66% 7.25%
$100k to $249k 1.16% 7.00%
$250k to $499k 1.16% 6.75%
$500k to $999k 1.16% 6.50%
Above $1,000,000 0.66% 6.00%

Recap

Interactive Brokers optionsXpress
Open Account Open Account Open Account
Current Offers Trade on over 100 market centers in 19 countries - Learn More Special Offer: Receive $100 Cash with any New Account - Learn More
Broker Reviews Read full review › Read full review ›

optionsXpress vs Interactive Brokers

StockBrokers.com 2013 review compares Interactive Brokers vs optionsXpress. Compare Interactive Brokers and optionsXpress trade commissions, fees and overall broker ratings by using the chart above. Is Interactive Brokers 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 very large price difference of $9.95 per stock trade between optionsXpress and Interactive Brokers. optionsXpress's per trade stock price of $8.95 is significantly greater than Interactive Brokers's per trade stock price of $-1.00.

The "Overall" ratings for Interactive Brokers and optionsXpress are equally matched at 4 stars.

Both Interactive Brokers and optionsXpress have an iPhone App for mobile trading. An iPad app for mobile trading on the popular tablet is available for Interactive Brokers and optionsXpress to download on iTunes.

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