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Contact Us

optionsXpress Australia

http://www.optionsxpress.com.au
Level 7, 20 Loftus Street
Sydney NSW 2000
Australia

Within Australia: 1300 781 132
Direct: + 61 2 1300 781 132
Email:info@optionsxpress.com.au
Category: low-cost online discount brokerage

Slogan: "Your Path to the US Markets"
     

General Description: optionsXpress Australia is an Australian licenced securities dealer (AFS Licence No: 246743) providing self directed online option and stock trading services to trade on the US markets. Powered by optionsXpress, the optionsXpress Australia site offers the same innovative tools and easy to use order entry screens, with the added security of dealing through an Australian company.

Features: The site offers easy to use screens including strategy scanners, streaming charts and data, multi-leg option order entry and conditional orders. Account opening is a breeze online and customer service is available during US market hours (via Live Help) or during Australian business hours. There are no subscription or sign up fees.

Trading: Orders can be entered 24 hours a day/7 days a week on custom designed order screens that include stocks, options, spreads and covered calls. Conditional orders can be added including trailing stops, one-triggers-other and one-cancels-other. Real time streaming data and charts are available at no cost, along with price alerts, watch lists, customisable account and position information, emailed trade confirms and access to LEAP options.

Additional Services: Online paper trading, theoretical option pricer, volatility and stock charts, streaming data and charts, strategy scanner, options and stock screeners and trade calculators.

Options Service: US$1.50 per contract (10+ contracts) or US$14.95 minimum per trade (including GST). No hidden fees. Each leg of a spread represents a trade. For more information, please see the optionsXpress Australia Commission Schedule or email them at info@optionsxpress.com.au.

Stocks: US$14.95 up to 1,001 shares or US$0.015 per share at 1,001 shares and over (including GST).

Account Minimum: No account minimum applies for a trading account. To trade using a margin account, a minimum of US$2,000 is required. There are no subscription fees or account set up costs.

Quotes: Real time quotes, real time option chains and streaming data and charts are free and unlimited.

Miscellaneous: optionsXpress Australia is web based and requires a browser (IE 5.0/AOL 6.0 or higher is recommended). Web orders are preferred, but there is no additional fee for telephone orders. Neither optionsXpress Australia nor optionsXpress has recorded any major system failures to date.

Risk Disclosure: Online trading has inherent risks due to market conditions, system performance and other factors. Please read Characteristics and Risks of Standardized Options and “Understanding Options Trading” published by the Australian Stock Exchange and available from www.asx.com.au.

Optionetics, Inc. and optionsXpress, Inc. are affiliated companies under common ownership of optionsXpress Holdings, Inc. Optionetics and its affiliates, officers, employees, independent contractors, and former owners may receive compensation in connection with marketing efforts, may not be registered as a Broker-Dealer, Investment Adviser, with any state, or otherwise, and their materials, products and services may not be reviewed and/or approved. Further information is available here (http://www.optionetics.com/about/legal.asp). Optionetics.com is an educational portal of optionsXpress Holdings, Inc., providing content for educational and informational purposes only. optionsXpress Holdings, Inc. is not a broker/dealer. Investors need a broker to trade options, and must meet certain requirements. All securities, futures, and investments are offered to self-directed investors by optionsXpress, Inc. Member FINRA, SIPC, CBOE, ISE, BOX, ArcaEx, PHLX and NFA. All prices in USD unless noted otherwise. Copyright © 2009 optionsXpress Holdings, Inc.