Forex Broker Review – OptionsXpress.com USA Based Forex Broker
Below is a Forex review of online forex broker OptionsXpress.com. OptionsXpress.com forex trading broker is based in the USA. Below is a list of the most common questions about OptionsXpress.com that traders ask about this broker.
OptionsXpress is owned by Charles Schwab & Co Inc.
Forex Broker reviews - OptionsXpress.com
Where is OptionsXpress.com currency broker based
OptionsXpress is based in the United States of America, its address:
311 W. Monroe Street, Suite 1000
Chicago IL 60606,
Is OptionsXpress.com a licensed and regulated Forex broker
Details of the license, registration and regulation of this FX broker can be found on the broker’s website.
OptionsXpress is regulated by NFA, National Futures Association, NFA ID 0277178
What is the execution method of OptionsXpress.com
ECN, Electronic Communication network, Instant Execution of Orders
OptionsXpress regulation by NFA and CFTC means OptionsXpress implement FIFO, First In First Out, Traders must open trades in the same order and close trades in the same order, therefore you need to program this on your expert advisor if you trade with automated trading robots.
Forex is traded as Forex Futures
Financial Instruments provided for trading by OptionsXpress.com
What are the forex account types of OptionsXpress.com
- Cash account
- Cash/Margin account
Does OptionsXpress.com have Islamic Forex Trading Accounts
OptionsXpress does not provide swap free Islamic Accounts
What are the terms for demo accounts for OptionsXpress.com
$25,000 dollars forex demo trading account is provided for practice forex trading
How is the withdraw and deposit process of OptionsXpress.com
Bank wire and credit card money transfer method is provided for deposit and withdraw of funds.
What is the minimum account opening capital for OptionsXpress.com
- Cash account - $50
- Cash/Margin account - $2000
Does OptionsXpress.com give an account opening deposit bonus
OptionsXpress does not give an account opening deposit bonus
What is the security and reliability of OptionsXpress.com
What is the broker rating for OptionsXpress.com security and reliability
OptionsXpress is regulated by NFA and has a high security and reliability of deposited funds.
OptionsXpress is a member of the SIPC, Securities Investor Protection Corporation which covers deposits up to $250, 000.
Does OptionsXpress.com accept forex scalping
OptionsXpress allows scalping trading
Does OptionsXpress.com give free forex education to traders
This broker provides learn currency trading education for forex trading online.
OptionsXpress provides a free education section and learn trading section where traders can find Weekly Webinars, online training, trading strategies, training videos and training tutorials, charts and technical analysis.
What are the trading platforms of OptionsXpress.com currency broker
Is OptionsXpress.com a MetaTrader 4 Forex broker
OptionsXpress.com does not provide MetaTrader 4 software which is the best platform according to reviews.
Does OptionsXpress.com allow automated forex trading
The broker automated trading policy on automated trading is:
OptionsXpress trading platform does not include automated trading execution integration.
What are OptionsXpress.com broker website information sections
The website information sections are:
Forex Trading Accounts Section: where traders will find information about forex accounts such as demo practice account and live forex accounts provided by this Currency broker. Traders wanting to start trading can open an account from this section.
Contact Section: there is a section of contacts for this fx broker, where a trader can contact this forex broker.
Platforms Section: this section provides platforms where a trader can choose one for tradng.
Trading Tools Section: for charting tools, trade execution tools, trading pattern tools, streaming charts, research tools, market volatility tools and forex trading calculators.
Social Trading Section for trade copying and trade following of other traders.
Daily Newsletter section for update on current market trends on options and equities and daily research and analysis of financial instruments.
Options, Futures and stocks trading section for information about these trade instruments.