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ChoiceTrade

http://www.choicetrade.com
197 State Route 18
Suite 3000
East Brunswick, NJ 08816

Toll Free: 877-731-9114
Direct: 732-214-2660
Email: visit their website
Category: online discount brokerage
Slogan: Trade Your Way
     

General Description: Headquartered in New Jersey, ChoiceTrade is an online brokerage firm that offers stock and options trading using state-of-the-art trading tools and deeply discounted commissions.

Features: ChoiceTrade offers three trading platforms: 1) ChoiceTrader Online 2) ChoiceTrader Direct Pro and 3) ChoiceTrader Select. All three platforms can be used to trade stocks and options. The online platform gives customers access to quotes, research and customized watch lists, Active traders might prefer the ChoiceTrader Select, which provides all of the services of the online platform plus direct access trading, advanced order entry, and algorithmic trading.

The ChoiceTrader Direct Pro is the most advanced platform. For a $60 monthly fee, traders have all of the services available in ChoiceTrader Select plus advanced charting, bracket orders, position and order management, as well as other analytical tools.

Option Vision: For the first time in the history of Wall Street, individual investors have access to Option Vision’s institutional-level tools, which include volatility studies, the greeks, correlation analyzers, value at risk studies, and "what if" scenarios.

Options Prices: Online orders for 1-20 contracts are 0.99 per contract ($5 minimum – no trade fee). Online orders of 21 or more contracts are only 0.75 per contract. $25 surcharge for broker-assisted trades. $15 for exercise and assignment.

Equities: $5.00 for online trades; $5.00 or 1/2-cent per share all-in on Direct Pro; $25 surcharge for broker-assisted trades.

Account Minimum: No account minimum

Quotes: Real-time streaming quotes (free with 5 trades a month, regular price $14.95) and Level II. (Esignal subscription necessary for ChoiceTrader Select)

Risk Disclosure: Options are risky investments and not suitable for all investors. Please read the OCC’s disclosure document carefully before you invest in options. Or you may obtain the disclosure by emailing our service department at service@choicetrade.com.