It seems like everyone is trying to find the easiest way to start trading their money in stocks and bonds. Whether it be giving the gift of stocks or using an app to manage your accounts, trading has become easier and easier.
Some investing programs use spare change while others have absolutely no fees, so it is hard to know which company will be the best option for you, so it is good to educate yourself on each company’s offerings and what they offer their prospective customers.
Online brokerage companies have seen an increase in clientele, especially since millennials started to enter the stock market. You often never have to even see the person trading and handling your finances. However, with so many options online it is hard to know which one is best. OptionsHouse may be the right choice for you.
Savings
For the first 60 days after you open an OptionsHouse account, the money that you trade an earn is commission-free. Even after the first 60 days, OptionsHouse makes sure that you are saving on cost when it comes to their fees.
After your 60 days of commission-free trading, the company charge $4.95 flat-rate for stocks and only $0.50 per contract + $4.95 base for options. Because stocks have become so easy to trade and technology has been able to speed the process along, many companies have been offering flat rates like OptionsHouse’s or even free trading.
Investing – There’s an App for That
It seems every company, no matter what they are offering, has to have an app for smartphones to compete in their prospective market, even Wal-Mart has an app. OptionsHouse is no different. The company has created a user-friendly app that helps traders see how their money is doing in each stock and manage where it will go next.
The company was rated the “Best Online Brokerage 2015.” OptionsHouse is rated by Barron’s as the top overall online brokerage company, and has been described as “best for options traders.” Barron’s has rated the company 4.5 stars is “Best of Online Brokerage 2015.” The mobile app received 5 stars, and the company has gained 4.8 stars in usability.
Higher Minimum Payment
Many other online brokerage companies are aiming at millennials when they offer up accounts with an “investing your spare change” option or a lower monthly payment option. However, OptionsHouse requires at least $5,000 to open an account.
Starting an Account
If you have the money to start an OptionsHouse account, getting started is fairly easy. You can set up an account in less than eight minutes, and with the company’s technology, you can customize your account to work its hardest for you.
Once you get started with OptionsHouse you will have 100 commission-free trades for stocks or options within a 60-day period of time. The 60 days starts as soon as you fund your OptionsHouse account, so when you set it up, be ready to take a look at it each day and monitor your earnings during the first 60 days.
In a world where trading can be done online and through a plethora of companies, it can be difficult to find the right brokerage account. OptionHouse offers a wide variety of tools for the options traders, so if you think this brokerage account may be the perfect one for you, visit the website for more information.
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