OptionsHouse is raising their stock trade commission rate from $3.95 to $4.75 after market close on Tuesday, October 1, 2013.
However, there is still time to be grandfathered in to the old rate, if you apply for a new OptionsHouse account before the deadline on October 1st.
The new stock trade rate is a flat rate of $4.75 and will apply to new customers who complete an application on or after October 1, 2013, and fund an account on or after January 1, 2014.
There will be no changes to their options pricing, but if you want to be grandfathered in for the current rate of $3.95 on stock trades, then you should open your account prior to October 1, 2013.
There are a ton of OptionsHouse New Account Promotions available to take advantage of when you open your account.
Just complete your application prior to October 1, 2013, and fund your account prior to January 1, 2014, and you’ll maintain the current stock trade rate of $3.95.
Check out the OptionsHouse FAQs about the upcoming stock commission change for more details.
Open your new OptionsHouse account today to get grandfathered in to the current stock trade rate.