Nice working platform- could improve for options
I have only done options trading with this broker and here are the pros and cons:
-the advertised .70 cents commission does not include the exchange fees which average about .45 cents per contract for about 7 of the 12 exchanges; the others are zero fees or minimal; so if you use best routing system "smart" you have a good chance being charged the fee exchange
-you could view the exchanges and hunt down the no fee exchanges, but that's a lot of time and effort and they may not have the best bid/offer at the moment
-from a standing start from the options chain, if you want to do vertical spreads or any spread, it would take about 12 to 20 mouse clicks to get there; or you can preset your predetermined spreads the night before and safe for the next day, in that case a more reasonable 4 mouse clicks
-the platform was clean and crisp, fairly quick, colorful, plenty of buttons and menu options to choose from- (this was actually a relief from boredom from the easy platform TOS; actually a compliment to TOS)
-I did make a call to customer service, I had no problems, a slight wait time
-system has added security by requiring a separate security card with random numbers as part of login process
Hope this helps.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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