Pricing & Commissions
At bXadvisors, your commission buys so much more than just a trade.1
At bXadvisors, you only pay for trading. One low price per trade gets you:
- FREE access to 18 powerful trading tools.
- FREE broker-assistance on trades.
- FREE education.
- FREE account transfers*
- FREE IRAs
- FREE real-time and streaming quotes7.
- NBBO - Guaranteed!
All eligible orders are routed through our proprietary XpressRouter® that seeks out opportunities for price improvement on your orders. And we mean it when we say, No Hidden Fees. Go for it - open a Free Account now.
optionsXpress Rates |
 Commission Calculator
|
| Options | Futures | Stocks | Options on Futures | Other |
| # of Contracts | 1 | 5 | 10 | 20 |
| 35+ Trades/Quarter2 | $12.95$14.95 | $12.95$14.95 | $12.95$15.00 | $25.00$30.00 |
| 0-34 Trades/Quarter | $14.95$16.95 | $14.95$16.95 | $15.00$17.00 | $30.00$34.00 |
Compare Rates
| Options | Futures | Stocks | Options on Futures | Other |
optionsXpress |
Schwab |
Ameritrade |
Scottrade |
E*Trade |
Fidelity |
| 10 Contracts (Limit Order) |
$15.00 | $16.45 | $17.49 | $19.50 | $20.49 | $27.45 |
| 20 Contracts (Limit Order) |
$30.00 | $23.95 | $24.99 | $32.00 | $27.99 | $34.95 |
| Exercise & Assignment |
$14.95 | Online | $19.99 | $17.00 | $19.99 | Online |
Interest Charged on Margin Balances
| $0 - $49,999 | Broker call6 + 4.25% | ||
| $50,000 - $99,999 | Broker call + 3.25% | ||
| $100,000 - $249,000 | Broker Call +3.00% | ||
| $250,000 - $499,999 | Broker Call +2.75% | ||
| $500,000 - $999,999 | Broker Call +2.50% | ||
| Over $1,000,000 | Broker Call +2.00% |
NBBO Guarantee
At bXadvisors, you can be sure to get the NBBO on any eligible trade. We guarantee the best price or we'll credit your commission. If you see a possible discrepancy, let us know immediately after you get the electronic confirmation of the execution. Our commitment is to provide the quickest execution at a reasonable price so you can trade with confidence.
View our NBBO Guarantee here.
New Regulatory option fee effective April 1, 2009 — All retail options will be subject to a $.006 per option contract ($0.01 minimum) Options Regulatory Fee regardless of exchange effective April 1, 2009. This fee will appear in the "regulatory fees" line of your trade confirmation. For more information, please read the Regulatory Circular set forth by the CBOE.
* optionsXpress will credit your account transfer fees up to $100 charged by another securities or futures broker when completing a full account transfer for $2,000 or more. Offer applies to new accounts first time funding only. To receive credit email us or fax (312) 629-5256. Credit will be deposited to your account within 30 days of receipt of evidence of charge. We reserve the right at our sole discretion to modify or terminate this offer without prior notice.
** 15% relates to orders which were eligible to receive price improvement defined as marketable non-spread retail orders for 50 lot or less. The price improvement data has been audited by an independent third party, contact us for more information.
1 Certain customers may be eligible for reduced commission rates based on certain optionsXpress promotional offerings, which may or may not be reflected in this pricing and commissions page. For those who qualify for reduced commission rates, an eligible customer must open a new optionsXpress account prior to deleting the cookies from their web browser. Eligible customers who open up an optionsXpress account will receive the reduced commission rates for the entirety of their account, and are not eligible to combine with other promotional offerings involving special commission rates.
2 Qualified active option trader customers must maintain 35 or more option trades per quarter to maintain the active option trader rate of $1.25$1.50 per contract or $12.95$14.95 minimum. Qualified active stock trader customers must maintain 9 or more stock trades per quarter to maintain the active stock trader rate of $9.95$14.95 per trade (up to 1,000 shares and $.01$.015 per share for 1,001 shares and above). Active trader rates are not available for Xecute services. Active trader rates are not retroactive. Customer must meet and continue meeting above requirements, and apply to receive active trader rates. Commissions on Penny Stocks will be capped at 5% of total purchase price, subject to the $14.95 minimum.
3 Commission rates depicted in the table above are quoted on a per-contract, per-side basis. The table above does not include customary NFA and exchange fees, or our $.50 futures transaction fee or $.75 futures options transaction fee. Additional fees may apply at some foreign exchanges. Commission rates are based on the previous month's activity.
4 The commission is calculated by counting the total number of contracts across all legs. The charge is $1.50 per contract, with a minimum commission of $14.95.
5 Qualified active option trader customers pay $9.95$14.95 for exercise and assignments. Standard rate is $14.95$16.95.
6 Broker call is a variable rate currently at
7 Streaming quotes are only provided to non-professional customers who accept the exchange streaming quote agreement. Customer must qualify as a non-professional subscriber in accordance with NASDAQ, NYSE and OPRA regulations.
8 Competitor prices are based on basic services and were obtained on 2/5/2008 and are believed to be accurate but not guaranteed. Some of the above firms may offer reduced commissions or waive fees, including but not limited to inactivity or maintenance fees or provide additional services, if certain account activity and/or account balance criteria are met.
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