In 2007, eOption was created with a clear purpose in mind – low-cost trades combined with fast, efficient execution. Our ultra low commission rates provide a unique value that will immediately enhance a successful trading with the potential for higher investment yields.
eOption customers know what they want to trade.
Whether it is the result of researching the fundamentals of an individual company, tracking charts and patterns, or simply following a recommendation, our clients know what trade they want to place. eOption offers an efficient trading environment to execute trades with a deep discount on commission. Our business model is not based on charging high commissions for tools and features clients do not use, or may already have. We appreciate that many of our clients have other accounts, just as most of us like to shop at a few favorite stores, not just one. Our value proposition is based on filling the deep discount niche, offering clients the ability to realize immediate significant savings with our no frills approach to trading.
As the name eOption implies, option trading is our expertise. Whether you are interested in selling covered calls or placing four-leg iron condors, our trading platform is tailored to meet your needs. For those interested in a more sophisticated offering, we support multiple direct access platforms for active traders.
While options are certainly our focus, we also offer a full range of investment products and services to a broad range of customers worldwide. We leverage our strengths with the experience and longstanding history of our parent company, Regal Securities, Inc., to provide you with an efficient and affordable experience. Our commitment is to smart investors who know what they want to trade.
eOption is a division of Regal Securities, Inc., a member of the Securities Investor Protection Corporation (SIPC). Your account assets are covered by the SIPC, which protects customers of its members up to $500,000, with a limitation of $250,000 on claims for cash balances. Additionally, our clearing firm, Hilltop Securities, Inc. "HTS" has purchased Excess SIPC Insurance which covers the net equity of customers' accounts up to an aggregate of $150 million from underwriting syndicate at Lloyd's of London.
The customer securities component, which restricts coverage with respect of any one customer, is a maximum of $25,000,000 with the aggregate covereage of cash set at $900,000. SIPC and Excess SIPC covers accounts of the member firm in the event of a member's bankrupcy and insolvency. Coverage does not apply to losses due to market flucuation or any decline in market value of your securities. For additional information regarding SIPC covereage, including a brochure, please contact SIPC at (202) 371-8300 or visit www.sipc.org
Accounts carried with Hilltop Securities, Inc.