Broker for trading US stock/ETF options?

hhse said:

I use U.S etrade, so I don't think so. I haven't had any issues with them.


I will change brokers though - will explore the route of trading through a set-up company through IB.

If I can get margin under that structure, I will be 100% switching. In the new year, because of the frequency I've been trading in & out of my positions, commissions is currently sitting at 20% of my profits. I need IB commission levels to bring this down to <5%.

At end of day, it depends on your strategy and your requirement as a trader.

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CanOz said:

From what I've heard, if you're selling options IB won't be the cheapest...just a heads up. Optionsexpress, from what I've heard, is cheaper when it comes to selling.

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hhse said:

I use etrade.

At the moment I'm paying $8 + 0.75 per contract.

Regards,

Henry

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Ariyahn2011 said:

Etrade US no longer taking any more Australian applications last time I enquired.

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N money said:

Hi Traders

Have been checking out some brokers and am finding it hard to get a straight answer about chess sponsored.
so wanting to know if any of you guys have been having the same issues?? Etrade, option house and option express
look like the cheaper alternative for trading international options compared to Australian brokers...
Any thoughts......

Thanks....:0)

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N money said:

Hi Traders,

Thanks for the response jimmmaaay, makes more senses now but surly online discount brokers also have
some king of safety net for our money ??our money being held in an account that may or may not be in your name?? who do you trade with?? and how are you finding the service in general ??

Thanks.....:0)

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