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Company Background:
OptionsHouse was founded in 2005 and went live in January of 2007. The company is a wholly owned subsidiary of PEAK6 Investments, a diversified financial services firm that was founded in 1997.
OptionsHouse is privately held and headquartered in Chicago, Illinois at the Chicago Board of Trade. The company was founded by Danny Rosenthal, David Budworth, Matthew Hulsizer and Jennifer Just. Its CEO is George Ruhana. Its clearing firm is Penson Financial Services, Inc.
Platforms:
- Website: www.optionshouse.com
- Advanced Trading Platform: No
- Mobile Website: m.optionshouse.com
- iPhone App: Yes
- Android / BlackBerry Apps: No
Review Summary:
OptionsHouse offers a competitive service in almost all areas. The stock and options trading platform gets the job done for both beginner and advanced traders. The research tools are hit and miss but there are some interesting tools designed especially for options traders. Commissions and fees are some of the lowest around and the margin rates are highly competitive. The iPhone App offers perhaps the best mobile trading experience amongst all brokers. OptionsHouse is an excellent choice for all types of investors.
Detailed Reviews by Category:
- Registration: C
- Stock Trading: B
- Options Trading: B
- Charts: C
- Research Tools: C
- iPhone App: B
- Commissions and Fees: Pass
- Margin Rates
- Dividend Reinvestment Plans (DRIPs): Yes
- Extended Hours Trading: Yes
- Tax Reporting
- Mint.com Compatibility: Yes
- Wikinvest Compatibility: No
- Clearing Firms
See our Summary Reviews Page to compare OptionsHouse with other brokers
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