
ChoiceTrade has recently released new lower options commissions pricing for their clients. The options fees are now $5.oo per trade plus $.15 per contract. In addition there is only one ticket charge per trade irregardless of how many legs. Exercise and assignments options fees have also been reduced down to $5.00. The only stipulation is an additional $.35 per contract fee for index options listed here. Also, the once loved free week of options trades during expiration week has been ended. We speculate this was too much of a good thing for clients and even with the new lower prices the broker will be more profitable moving forward.
They have also announced that QuoteStream, their web-based full featured subscription streamer, will now be $9.95 per month which results in a 33% savings.
For more information on this broker please read our full ChoiceTrade Review.
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