OptionsXpress, by Charles Schwab, is a single platform taht allows users to trade options and futures contracts. Users can manage accounts with the API including order entry as well as any account-related function that is available to users on the optionsXpress website. If it's not available on the website, it's not available via the API. An account is required with service. As far as ease-of-use is concerned, optionsXpress has clients covered. The broker's all-in-one trade ticket is the best available anywhere, the site design is clean, and optionsXpress is the only broker to organize all site tools by experience level and type on one page. In 2014, the broker launched IRIS, a notifications assistant for all accounts. Trade stocks, options, futures and more in one account. Take advantage of free education, powerful tools and excellent service. Important notice for former optionsXpress clients: The optionsXpress site has been retired. For questions about your former optionsXpress account, please contact us at 800-435-9050. OptionsXpress no longer offers their Auto-Trade service which enabled clients to follow their favorite newsletter’s recommendations without placing each trade themselves. This is just another reason why thinkorswim is a much better alternative for anyone who wants to trade options, and you can now get over $300 worth of free services from us at the… There are two commission tiers at OptionsXpress. If you execute fewer than 35 options trades during a quarter, then you pay $1.50 for each contract, with a minimum fee per trade of $14.95. If you execute more than 35 options trades during a quarter, then you qualify for the “Active Trader” rate.
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