Virtual Trading Account

Have you always wanted to start trading stocks, but are worried about losing all your money? One way to be able to play around in the market without taking on any of the risk is to use a Virtual Trading Account. A Virtual Trading account allows you to place trades using virtual money so you can see how well they do over time. These accounts are pretty handy so that you can do a dry run using fake money before actually risking real money in the market.

OptionsHouse.com offers a fully functional virtual account for you to try your luck in the market. Their virtual stock account allows you to buy stocks or options and follow their performance just as you would if purchasing sotcks and options with real money. They also give you access to the full suite of OptionsHouse idea-generation and risk-management tools, including streaming charts and news and volatility tools.

I have always wanted to start trading options more aggresivelly and now I have the tools to practice. It sure beats throwing real money away. Optionshouse does not have any maintenance or minimum balance fees so you can open an account just to use the Virtual Trading feature. But since OptionsHouse.com offers $2.95 commission for stocks and $9.95 for options, you will probably want to use them as your main broker. Dollar for dollar they have some of the lowest comissions out there.

There are also a few Optionshous promo available where you can get up to $100 in transfer fees rebated when you transfer your account to them from another broker. They are also picking up the $25 for your first funds wire when funding your account. They have an ACH feature that allows you to transfer money between account for free, but the free wire will get your money there faster so you can start trading sooner. Another promotion being offered is a “refer-a-friend” feature where you can get $50 or 10 free trades for each friend you refer.

OptionsHouse.com is a full service discount broker with very low commission, as we all try to cut costs why purchase stocks and options for a lot of money when you don’t need to. Take that saved commision money and spend it elsewhere!