OptionsXpress Logo
OptionsXpress Logo
OptionsXpress

OptionsXpress

Composite Score
7.0 /10
CX Score
7.4 /10
Category
OptionsXpress
7.0 /10

What is OptionsXpress?

optionsXpress is an online investing platform. It allows you to trade stocks, options, and futures from anywhere with an internet connection.

Company Details


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OptionsXpress Ratings

Real user data aggregated to summarize the product performance and customer experience.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

81 Likeliness to Recommend

100 Plan to Renew

77 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+92 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love OptionsXpress?

0% Negative
0% Neutral
100% Positive

Pros

  • Continually Improving Product
  • Reliable
  • Performance Enhancing
  • Enables Productivity

Feature Ratings

Average 80

Multi Currency

83

Banking Risk Management

83

Currency Conversion

83

Currency Exchange Market Management

82

Stock Management

81

Analytics and Reporting

80

Collateral Management

80

Currency Quotes

78

Portfolio Management

77

Margin Management

75

Trade Management

73

Vendor Capability Ratings

Average 74

Vendor Support

86

Availability and Quality of Training

80

Business Value Created

79

Usability and Intuitiveness

78

Quality of Features

76

Ease of IT Administration

73

Ease of Implementation

72

Ease of Data Integration

72

Ease of Customization

70

Breadth of Features

68

Product Strategy and Rate of Improvement

64

OptionsXpress Reviews

SYLVANUS O.

  • Role: Finance
  • Industry: Finance
  • Involvement: IT Development, Integration, and Administration
Validated Review
Verified Reviewer

Submitted Feb 2025

Great educational resources

Likeliness to Recommend

8 /10

What differentiates OptionsXpress from other similar products?

OptionsXpress really stands out because it’s super user-friendly and has a lots of educational resources. It makes trading a lot easier while also helping users learn the ins and outs of options trading. That mix of simplicity and support is what makes it different from other platforms.

What is your favorite aspect of this product?

My favourite aspect about OptionsXpress is the educational resources they provide. These tutorials and articles that make it easier for beginners to grasp options trading. The platform is super easy to navigate, which makes it simple to find what you need.

What do you dislike most about this product?

Optionsxpress has great features but might be too complex and overwhelming for beginners to setup.

What recommendations would you give to someone considering this product?

I’d recommend OptionsXpres, You can start your journey with their educational materials. They have a lot of helpful tutorials and articles that can really give you a solid understanding of options trading.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Enables Productivity

Chibunna O.

  • Role: Operations
  • Industry: Finance
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Jun 2025

Is OptionsXpress The Real Gem of Trading?

Likeliness to Recommend

8 /10

What differentiates OptionsXpress from other similar products?

OptionsXpress stands out for its super intuitive options trading tools—way simpler than platforms like TD Ameritrade. The strategy builder lets you test trades before placing them, which is huge for avoiding dumb mistakes. Also, their customer service is actually helpful (rare for trading platforms). Best for intermediate traders who know the basics but don’t want a clunky pro interface.

What is your favorite aspect of this product?

The profit/loss calculator is a lifesaver. I use it before every trade to see worst-case scenarios. No more guessing if a strategy is too risky—it breaks it down in plain English. Saves me from blowing up my account. The paper trading feature is a game-changer. I use it to test dumb ideas without losing real money, and it’s saved me from so many bad trades. It’s like a sandbox mode for options—perfect for practicing before going live.

What do you dislike most about this product?

The mobile app feels outdated. Laggy charts, and sometimes orders take forever to execute. I don't know if it's my network or that's how the app works. But since it's a re-current issue, I'd like to state it. Also, the research tools are weak compared to competitors—don’t rely on it for deep market analysis. The platform feels slow sometimes, especially during market open. I’ve missed a few trades because orders took forever to fill.

What recommendations would you give to someone considering this product?

100% worth it if you trade options regularly and want a no-nonsense platform. But if you’re a beginner, start with something like MT5 or Robinhood first. Avoid if you need advanced charting or real-time data—thinkorswim does that better.

Pros

  • Continually Improving Product
  • Reliable
  • Performance Enhancing
  • Enables Productivity

Cons

  • Inhibits Innovation
  • Leverages Incumbent Status

Sophia C.

  • Role: Sales Marketing
  • Industry: Entertainment
  • Involvement: Initial Implementation
Validated Review
Verified Reviewer

Submitted Nov 2024

Excellent product, but a bit pricey.

Likeliness to Recommend

8 /10

What differentiates OptionsXpress from other similar products?

It has to be their trade ideation tools, optionsxpress provides suggestions of the best strategies in high volatility environments, the option strategies that work best in a market that is trending and how to take advantage of quarterly earnings and other suggestions through its ideation hub and trade pattern ideation tools. Also, amongst the brokerage landscape, only a few brokers offer free trade execution assistance but optionsxpress stands out amongst other brokers by providing free broker assistance to it's users.

What is your favorite aspect of this product?

Optionsxpress can serve you efficiently when placing advanced options trade's and their algorithm has a deep understanding of margin implications for combination strategies.

What do you dislike most about this product?

For experienced traders looking to perform extensive back tested simulations and custom scans, optionsxpress falls short as compared to some other trading platforms

What recommendations would you give to someone considering this product?

Optionsxpress offers really efficient trading services however, new Options traders are usually penalised with high cost structures that don't compare favorably with discount brokers with deep option expertise

Pros

  • Reliable
  • Enables Productivity
  • Trustworthy
  • Unique Features