ChoiceTrade Reviews

ChoiceTrade Reviews

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Overall Rating33333

ChoiceTrade is an online discount broker that caters to active, self-directed traders. ChoiceTrade offers advanced trading tools that can be customized to fit each client’s needs. Trade on the go using ChoiceTrade Mobile, and use other tools like news streaming to make informed investment decisions.

ChoiceTrade Commissions

  • Stocks & ETFs: $5.00 per trade
  • Options: $5.00 + $0.55 per contract
  • Mutual Funds: $25.00 per trade

ChoiceTrade Features

  • Several features require active trading or monthly subscription.
  • Trade options commission free one week per month.
  • Fast trade execution
  • Real-time customer support including online chat.
  • Offers browser based, and software based streaming tools.
  • Multiple trading platforms that cater to casual and advanced traders.

ChoiceTrade Promotions:

  • Pay no commissions on up to 500 option trades (up to 500 total) during expiration week (third week of every month)

ChoiceTrade Minimum Deposit to open an account: $0.00

 

User Reviews

  • NTrader says:

    They’re an overall “average” broker. They don’t offer the same kinds of tools / educational stuff found on the bigger brokerages, but they have lower rates than those same big brokers. I hate their website’s design and trade execution is a bit slower than other brokers sometimes, but for the low commissions, i’m happy with ChoiceTrade. For options traders, the “No commissions during options expiration week” is an amazing deal.

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