Looking Opinions on Options Brokers

[reset.no.regret 10]

I've heard good things about TOS but also that service has dropped since they were bougth out. I'd love to hear who people are using for options and your experiences.

thx.

[SIUYA 11]

I just Interactive brokers....easy cheap etc; crap service, but at least they dont try and on sell rubbish they just offer a platform.

[reset.no.regret 10]

Do you like their platform?

[Tams 20]

if you don't know TOS,

you don't know how to trade options.

[SIUYA 11]

Do you like their platform?

 

yes....like anything you have to learn it and there is a lot of information there. they do offer paper trading accounts on request and they have lots of checks and alerts you can turn on to stop you from having fat finger typo errors.

I dont trade lot of option contracts now, but as an ex market maker who did use electronic systems theirs is very good - it was derived from or works in conjunction with Timberhill the options market maker as they are owned by IB.

[reset.no.regret 10]

yes....like anything you have to learn it and there is a lot of information there. they do offer paper trading accounts on request and they have lots of checks and alerts you can turn on to stop you from having fat finger typo errors.

I dont trade lot of option contracts now, but as an ex market maker who did use electronic systems theirs is very good - it was derived from or works in conjunction with Timberhill the options market maker as they are owned by IB.

 

thanks

 

Tams, maybe it's just me but you always seem pissed off, here's a smile for you have a fun weekend. I love your sig. It fits in with one of the philosophies I use "There's 3 sides to every story: your's, mine, and the truth; you have to know your's and mine to know the truth."

[astralmarket 10]

In case of options bcos of high leverage one must only do when fully conversed with futures or stocks.

 

I have tested few brokers all nice but heavy commissions.

If you want no frills but lousy platform try optionshouse.com

 

I have had big losses due to their website based platform crashing in past 4 years yet I dint close my account despite having lost over 100k with them. They are most unfriendly yet the only thing was a focused site on options with clear options chains and order execution.

 

So if you are just going to fill orders and you have your own charting resources options house is good. But if you are not computer savvy and cant handle website based platform its useless.

 

I have heard that interactive and options express is good but high priced

I want to try a new brokerage with a good platform. May be I will try tradestation.

[reset.no.regret 10]

I did try options house for about a week and dropped them because of the platform. I've been using trade monster for the past month and went with them over some cheaper brokers because I like the platform and tools offered.

[samclark11246 10]

I did try it but it doesn't work