Monday, June 11, 2007

Internet Trading Brokers - OptionExpress

Do you know which online trading platform to setup?
Do you know that different online trading platform will suit differnt kind of trader?
Do you have difficulty on setting up an internet trading platform?

Today im going to share with you guys the BENEFITS of 3 trading platforms.

- Optionexpress (https://www.optionsxpress.com.sg/login.asp)
- Thinkorswim (http://www.thinkorswim.com/tos/client/index.jsp)
- Interactive Brokers (http://www.interactivebrokers.com/en/main.php)

Starting from optionexpress

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Optionexpress
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The best thing about optionexpress is they provide excellent tools. Tools like beautiful user friendly streaming charts that will help in your trading. you can choose to view it in candle stick, bar and line chart.

They let you to put up a watchlist and you can run it in streaming too. They also provide a virtual platform to polish up your skill and get familar with the tools. Easy to trade with option strategy like spread, straddle and strangle as spoon feed you with the neccessary key in option.

Well good stuff always come with a PRICE !!
Yesh they have an averagely high commision charges on per trades - US$14.95
So in acutal fact you will need to spend US$30 on just buy and sell the stock/option.

What i like and love most about optionexpress is the chart which has the following qualities:
- User friendly
- Informative
- Nice Candle Stick chart
- Easy setup TA chart - macd/dema/stochastic and many more ...
- Streaming

So i really recomand you guys to go check it out and play around with the chart. I wont recommend you guys to fund the account unless you are monthly/yearly trader aka investor or long term trader. So please do your due diligence before you act on it.

If you have any enquiry, just drop me a mail - akalawoo@gmail.com

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