OptionsHouse

OptionsHouse

OptionsHouse is an online brokerage platform offering stock, options, and futures trading. It provides tools for research, analysis, and trading across devices. OptionsHouse aims to make options trading accessible for retail investors.
investing trading stocks options futures analysis retail

OptionsHouse: Online Brokerage Platform

OptionsHouse offers stock, options, and futures trading with research tools, analysis, and trading across devices, aiming to make options trading accessible for retail investors.

What is OptionsHouse?

OptionsHouse is an online brokerage catering to active options traders and investors. Founded in 2005, it was acquired by E*TRADE in 2016 and rebranded as E*TRADE in 2020.

OptionsHouse offers stock, options, ETF, mutual fund, and futures trading. Its options trading platforms and tools stand out as some of the best for retail traders. This includes OptionsHouse Pro for desktop platforms, robust screening for options ideas, a trader network, and virtual trading capabilities.

Key features include:

  • Intuitive web and mobile platforms for stocks, options, funds, and futures
  • Virtual trading to test strategies risk-free
  • OptionsPlay idea generator providing filtered options trade ideas
  • Advanced options analysis tools including probability analysis
  • Robust stock and options screeners to scan for trading opportunities
  • Customizable options strategy builder to analyze theoretical pricing and risk
  • Integrated charts, news, research, and analysis

OptionsHouse aims to provide active traders with an efficient, low-cost platform tailored to options trading. Its tools and resources focus on options education and idea generation. The virtual trading and analysis capabilities stand out as excellent simulations for evaluating and testing options strategies.

OptionsHouse Features

Features

  1. Stock, options, and futures trading
  2. Tools for research and analysis
  3. Mobile and web trading platforms
  4. Paper trading and virtual trading
  5. Streaming quotes and market data
  6. Advanced order types
  7. Charting and technical analysis tools
  8. Customizable trading platform layouts
  9. Integrated trading idea generation

Pricing

  • Subscription-Based

Pros

Low commissions on stock and options trades

User-friendly trading platforms

Excellent research and analysis tools

Good virtual trading capabilities

Wide range of tradable securities

Cons

Limited international trading

Less advanced platforms than some competitors

Lacks futures trading

Small selection of mutual funds


The Best OptionsHouse Alternatives

Top Business & Commerce and Investing & Trading and other similar apps like OptionsHouse


TradeStation icon

TradeStation

TradeStation is a multi-asset trading platform built for active traders of stocks, ETFs, options and futures. It offers advanced charting capabilities, strategy backtesting tools, automated algorithmic trading functionality and real-time market data scanning features to help traders design, build, test and execute their own custom trading systems.Key features of TradeStation...
TradeStation image
E*TRADE icon

E*TRADE

E*TRADE is an online discount brokerage platform designed for self-directed investors. It allows users to trade a wide range of securities including stocks, options, exchange-traded funds (ETFs), mutual funds, and bonds without paying traditional broker commissions. E*TRADE aims to provide customers with an intuitive trading experience, robust research and analysis...
E*TRADE image
Freetrade icon

Freetrade

Freetrade is a stock trading platform based in the UK that allows users to invest in stocks and ETFs listed on major exchanges like the London Stock Exchange (LSE), New York Stock Exchange (NYSE), and NASDAQ with zero trading commissions. The app was launched in 2018 with the goal of...
Freetrade image
Scottrade icon

Scottrade

Scottrade is an online discount broker that provides a trading platform and tools for self-directed investors to buy and sell stocks, ETFs, options, mutual funds, and fixed income investments. Founded in 1980 and headquartered in St. Louis, Missouri, Scottrade pioneered the concept of discounted commissions in the online brokerage industry.Some...
Scottrade image
Ally Invest Forex icon

Ally Invest Forex

Ally Invest Forex is an online forex and contract-for-difference (CFD) trading platform offered by Ally Invest, which is the trade execution service of Ally Financial. It allows traders to speculate on the price movements of currency pairs like EUR/USD and GBP/USD as well as other assets like stock indices, commodities,...
Ally Invest Forex image