What to Look for in Your Online Option Broker
With its streamlined, professional-grade trading platform and exemplary customer service, OptionsHouse offers value and functionality for smart, self-directed traders seeking a new online option broker.
A Solid Foundation
Founded by PEAK6 Investments, L.P., one of the largest options-trading firms in the U.S.1, OptionsHouse was born and raised in the heart of the options universe with one simple goal -- to introduce the public to the tools and the trading platform developed by those who trade options for a living.
For your protection, OptionsHouse is a member of SIPC.2 SIPC protects against the insolvency of a brokerage firm, but does not protect against market loss. SIPC will cover the securities of customers of its members up to $500,000 of which $250,000 can be cash. Additionally, our clearing firm holds insurance above SIPC coverage (up to $600,000,000 in the aggregate), for all customer accounts held by them subject to a maximum limit of $150 million, including cash of up to $2.15 million.
Competitive, Flexible Pricing
Our rates are designed to work around the way you trade. So you not only get competitive rates that are lower than just about everybody else, you also get the flexibility to pick the price that works best for your trading style and strategy. Trade fewer than 10 contracts? Then trade up to 5 contracts for only $5 with our smart, simple Up To 5 for $5 rate. Trade more than 10 contracts? Then maximize your trading with the $8.50 +.15/contract rate. And best of all, you can change your rate as your trading changes.
Compare our rates with other online brokerage firms.
The professional options traders at our parent company, PEAK6 Investments, L.P.,1 spent 10 years improving and trading on the PEAK6 trading platform before building OptionsHouse, which customized the platform for ease-of-use by retail traders. We like its clean look, its user-friendly interface, and its seamless integration of professional trading tools. We trust you will too.click to enlarge image
The best trading ideas won't go far if you can't execute them. On the OptionsHouse online trading platform, you can confirm a trade in one click of your mouse and quickly have access to execution reports. Your stock and option trades will be fast and accurate, leaving plenty of time to properly reflect on your trading brilliance.click to enlarge image
Professionally Developed Trading Tools
OptionsHouse trading tools include streaming charts and news, volatility charts, a probability calculator, and an options hotlist, to name a few. Many of these tools were created by the options-trading pros at PEAK6, who continue to use the prototypes to generate and test option-trading ideas.click to enlarge image
Knowledgeable Customer Service
The last thing you want to hear when you have a question or trading emergency is a computerized voice placing you into a queue. OptionsHouse customer service and trade desk staffers pride themselves on old-fashioned attention and support. Never be just a number again.
I cannot express the gratitude that I have for OptionsHouse. The customer service is outstanding, the trading website is unmatched by any other online broker (I have tried them all). Keep up the good work...7
-- Dr. R. Coleman
Try before you trade. Experiment with new strategies and hone options-trading skills with
Find out how you can save on brokerage costs, earn commission-free trades, and take advantage of other promotions currently in place at OptionsHouse.