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ChoiceTrade
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.
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 ($8.95 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
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