In the world of online brokerages, cost is one of the first things many investors look at because if trades are too expensive, they will eat into your returns. If cost is a concern for you, then consider OptionsHouse, a discount brokerage that offers some of the least expensive commissions in the industry with a flat rate of $2.95 per trade, regardless of how many shares you purchase. They also offer $9.95 options trades regardless of how many contracts are executed. Not only are their trade commissions low, but they back it up with great features and strong industry reviews.

There are many important features to an online brokerage account, so let’s take a look at some of the most important – cost per trade, fees and account requirements, and investment options (types of investments and types of accounts).

OptionsHouse Commissions. As we already mentioned, OptionsHouse charges some of the lowest commissions in the industry with $2.95 flat rate for stocks, regardless of how many shares are purchased or if it is a broker assisted trad