Pricing & Commissions
At optionsXpress, your commission buys so much more than just a trade.
At optionsXpress, you only pay for trading. One low price per trade gets you:
- FREE access to 18 powerful trading tools.
- FREE broker-assistance on trades.
- FREE education.
- FREE account transfers*
- FREE IRAs
- FREE real-time and streaming quotes6.
- NBBO - Guaranteed!
All eligible orders are routed through our proprietary XpressRouterTM that seeks out opportunities for price improvement on your orders. And we mean it when we say, No Hidden Fees. Go for it - open a Free Account now.
optionsXpress Rates |
|
| Options | Futures | Stocks | Options on Futures | Other |
| # of Contracts | 1 | 5 | 10 | 20 |
| 35+ Trades/Quarter1 | $12.95 | $12.95 | $12.95 | $25.00 |
| 0-34 Trades/Quarter | $14.95 | $14.95 | $15.00 | $30.00 |
Compare Rates
| Options | Futures | Stocks | Options on Futures | Other |
optionsXpress |
Schwab |
Ameritrade |
Scottrade |
E*Trade |
Fidelity |
| 10 Contracts (Limit Order) |
$15.00 | $16.45 | $17.49 | $19.50 | $20.49 | $27.45 |
| 20 Contracts (Limit Order) |
$30.00 | $23.95 | $24.99 | $32.00 | $27.99 | $34.95 |
| Exercise & Assignment |
$14.95 | Online | $29.99 | $17.00 | $19.99 | Online |
Interest Charged on Margin Balances

| $0 - $49,999 | Broker call5 + 3.75% | ||
| $50,000 - $99,999 | Broker call + 2.75% | ||
| $100,000 - $249,000 | Broker Call +2.50% | ||
| $250,000 - $499,999 | Broker Call +2.25% | ||
| $500,000 - $999,999 | Broker Call +2.00% | ||
| Over $1,000,000 | Broker Call +1.50% |

NBBO Guarantee

At optionsXpress, you can be sure to get the NBBO on any eligible* trade. We guarantee the best price or we'll credit your commission. If you see a possible discrepancy, let us know immediately after you get the electronic confirmation of the execution. Our commitment is to provide the quickest execution at a reasonable price so you can trade with confidence.
*View our NBBO Guarantee here.

* optionsXpress will credit your account transfer fees up to $100 charged by another securities or futures broker when completing a full account transfer for $2,000 or more. Offer applies to new accounts first time funding only. To receive credit email us or fax (312) 629-5256. Credit will be deposited to your account within 30 days of receipt of evidence of charge. We reserve the right at our sole discretion to modify or terminate this offer without prior notice.
** 15% relates to orders which were eligible to receive price improvement defined as marketable non-spread retail orders for 50 lot or less. The price improvement data has been audited by an independent third party, contact us for more information.
1 Qualified active option trader customers must maintain 35 or more option trades per quarter to maintain the active option trader rate of $1.25 per contract or $12.95 minimum. Qualified active stock trader customers must maintain 9 or more stock trades per quarter to maintain the active stock trader rate of $9.95 per trade (up to 1,000 shares and $.01 per share for 1,001 shares and above). Active trader rates are not available for Xecute services. Commissions on Penny Stocks will be capped at 5% of total purchase price, subject to the $14.95 minimum.
2 Commission rates depicted in the table above are quoted on a per-contract, per-side basis. The table above does not include customary NFA and exchange fees, or our $.50 futures transaction fee or $.75 futures options transaction fee. Additional fees may apply at some foreign exchanges.
3 The commission is calculated by counting the total number of contracts across all legs. The charge is $1.50 per contract, with a minimum commission of $14.95.
4 Qualified active option trader customers pay $9.95 for exercise and assignments. Standard rate is $14.95.
5 Broker call is a variable rate currently at
6 Streaming quotes are only provided to non-professional customers who accept the exchange streaming quote agreement. Customer must qualify as a non-professional subscriber in accordance with NASDAQ, NYSE and OPRA regulations.
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| Nasdaq (DEC) 
