Options traders choose FREESTOXX because they do not pay a commission when buying and selling options. But there is more to it. Besides saving a substantial amount of money on commissions, numerous other factors attract options traders to the FREESTOXX offer: the service is legendary, support is available from 8h00 to 22h00, the trading app and platform are great for options, we have been an options broker since 1998, and you can rely on a huge and solid depository bank.
When you buy or sell options, you pay at FREESTOXX
0,00 € commission
Tip: Order execution is error-free and lightning-fast.
Writing call and put options is possible. Option traders pay no commission when writing options at Freestoxx. Both covered option writing and uncovered option writing is available. The options positions are cross margined with the stocks positions in your portfolio. There are no administrative charges when an option expires.
When you write options, you pay at FREESTOXX
0,00 € commission
Tip: There is no inactivity fee.
CBOE options are subject to various exchange execution, clearing and settlement fees. Due to CBOE policy a commission of $ 0,49 and an exchange fee of $ 0,58 per CBOE option is always applicable.
Buy and sell 5 call options at 10,00 $
Brokers |
You pay too
much |
Commission | Conversion |
FREESTOXX | 0,00 $ | 0,00 $ | 0,00 $ |
DEGIRO | 26,65 $ | 0,75 € x 5 x 2 | 12,50 $ x 2 |
Interactive Brokers | 16,50 $ | 0,65
$ x 5 x 2 |
5,00 $ x 2 |
Keep in mind: DEGIRO charges $ 5.00 per month for options access. Interactive Brokers charges a monthly minimum of $ 10.00.
Via FREESTOXX you can buy, sell and write options for FREE.
The Chicago Board Options Exchange is the largest options exchange. It is known for its technology, electronic order processing and innovative options. The options are small so any private investor can get started with them.
The Boston Options exchange is a smaller exchange that tries to distinguish itself by letting market makers compete with each other. Furthermore, this options market has a system by which it tries to offer better quotes than other exchanges.
These two exchanges are operated by the New York Stock Exchange. ARCA focuses on the best prices for options traders. American tries to be a deep market, where large orders are executed smoothly.
FREESTOXX sends your order to that exchange where you get the best price.
The app and the web platform are free. Both are suitable for buying, selling and writing options. The app and the platform are comprehensive yet extremely user-friendly.
More than 90 technical analysis indicators are available. More than 10 trading tools have been smoothly integrated. Option combination orders can be placed in a single order
Suppose you buy a stock at $ 100 and you don't want to lose more than 10% of your investment. In that case, most investors place a stop loss order at $ 90. If the price drops to $ 90, the stock is sold. But bad news, such as disappointing company results, are usually published outside market hours. There is then a real chance that the stock opens at price well-below $ 90.00. In this case the investor has a loss of more than 10%.
This can be solved with options. The investor who buys a put option on the stock does not have this gap price risk. The put option will increase in value proportionally, according to the drop in the stock price.
About 70% of the time, the stock market is in a sideways channel. There is no pronounced downward or upward trend. With stocks, you cannot make a profit in a sideways market. Their price varies little. With options, however, you can make a profit in a sideways market. You can also capitalise on time movements and changes in volatility.
Freestoxx is a service and brand of WH SelfInvest. WH SELFINVEST S.A., founded in 1998, has a broker license (nr. 42798), a commissionaire license (nr. 36399) and a portfolio manager license (nr. 1806) granted by the Luxemburg Ministry of Finance. The company is supervised by the "Commission de Surveillance du Secteur Financier". Based on its European passport, the company maintains: a branch office in France (nr. 18943 acpr) which is also subjected to the supervision of the "Autorité de Contrôle Prudentiel et de Résolution" (ACPR) and the "Banque de France", and a branch office in Germany (nr. 122635) which is also subjected to the supervision of the "Bundesanstalt für Finanzdienstleistungsaufsicht" (BAFIN). In addition WH SelfInvest has a representative office in Switzerland, which is also subjected to the supervision of the "Swiss Financial Market Supervisory Authority" (FINMA), and, based on the European passport, representative offices in Belgium and the Netherlands, which were notified to the relevant competent authorities in these countries.