Legal UK Binary Options Brokers.
Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (kinoparks.ml) compensation scheme; products are only covered by the UK FSCS in limited circumstances. Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page. Options Brokers This page features our extensive directory of options brokers. Our list of options dealers can be sorted by broker name or minimum deposit using the drop-down menu on the top right.
The answer depends on whom you ask and what they value. For some investors, the best broker for trading options is the one with the cheapest commissions. Others prioritize trading tools, platform design, research, customer service or all of the above. While most of the brokers on our list of best brokers for stock trading would be a good pick for options as well, this list highlights brokers that excel in areas that matter most to options traders.
TD Ameritrade makes up for higher-than-average trading commissions with better-than-average service, research and trading tools that will make everyone from beginner investors to active traders happy. The lack of commission-free ETFs and mutual funds can be a turnoff to some investors. The savings can be significant for advanced stock and options traders who have other sources for the research and data they need. Interactive Brokers is a strong option for advanced, frequent traders: The broker offers international trade capabilities, low commissions and a quality trading platform.
New traders might be turned off by inactivity fees, high balance requirements and a lack of educational resources. Charles Schwab has earned its strong reputation: The broker offers high-quality customer service, two robust trading platforms and a wide selection of commission-free ETFs and no-transaction-fee mutual funds.
Best options trading brokers: NerdWallet adheres to strict standards of editorial integrity to help you make decisions with confidence. Some of the products we feature are from partners. We adhere to strict standards of editorial integrity. Some of the products we feature are from our partners.
Cons Higher trade commission. High short-term ETF trading fee. Apr 17, , I first opened an account with Charles Schwab, a fairly long winded process, only to find, when the account was open that despite them having many dedicated options traders, they don't trade any options on the CME - ie most of the options that I trade: BUT although owned by CS, they have an entirely different account opening procedure and are not allowed to accept automatic transfer for CS customers.
Apr 18, , 7: I have traded options for 30 years and there is no better platform than TradeMonster. They also do futures. Apr 20, , 5: After much research I used to use OptionsXpress, but now use Interactive Brokers, who have the lowest charges.
As mentioned in a thread previous, best to over fund your account to avoid per transaction currency fees, etc. Apr 20, , 6: I have tested Interactive Brokers and find their site to be severely lacking. Also I find the web site often has trouble loading my account and makes you jump through hoops. This is my main problem with them as I cannot deal with site problems or extra hoops when I want to make a trade.
Move to Trademonster and you will be happy. Options have always been close to the best deal out there and the quality and speed of trading information is unparalleled by anyone. I also have overseas friends who report no problems. Apr 20, , 8: Last edited by Hittfeld; Apr 20, at 8: Apr 20, , 9: Originally Posted by malco3h. I would agree that IB will offer the global and institutional investor many things that others sometimes don't.
However, the largest quantity of traders will be much better served by trying TS. Take a free look and test the various information and trading tools that they offer. Apr 21, , 9: I've just looked at Trademonster but its account opening screens do not appear to allow non USA residents.
How did you over come this? Page 1 of 5. Originally Posted by tradermic Hi all.
If you are looking to sign up with a broker now, then we would advise that you take a look at any of the below online brokers.
Additional savings are also realized through more frequent trading.