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Platforms for options trading

Options are traded through stock brokers (equity options) and futures platforms (options on futures) — there is no separate "options broker". Every platform below supports options; brokers and funded accounts are ranked separately.

Affiliate disclosure: We may earn a commission if you open an account or sign up through links on this page. This does not cost you extra. Our rankings are based on our published methodology, not on commission amount.

Stock brokers (10)

Regulated brokers where you deposit your own money to buy stocks, ETFs and options.

Fidelity

Stock Brokers

4.3
out of 5
Long-term investorsRetirement accounts
Min deposit
$0
Pricing
Commission-free equities; fund and advisory fees; options per-contract fees.
Demo account
No
Regulation
SEC, FINRA
92Trust
86Fees
80Ease
84Mobile

Excellent research and service

Not built for active day trading

Charles Schwab

Stock Brokers

4.2
out of 5
Long-term US investorsResearch-heavy investors
Min deposit
$0
Pricing
Commission-free equities; per-contract fees for options/futures; managed-account and fund fees.
Demo account
Yes
Regulation
SEC, FINRA
90Trust
82Fees
74Ease
80Mobile

Deep research and education

Mainly US-focused

E*TRADE

Stock Brokers

4.2
out of 5
US investorsOptions traders (Power E*TRADE)
Min deposit
$0
Pricing
Commission-free equities; per-contract options/futures; fund fees.
Demo account
Yes
Regulation
SEC, FINRA
88Trust
80Fees
76Ease
82Mobile

Power E*TRADE is great for options

US-only focus

Saxo

Stock Brokers

4.1
out of 5
Serious UK/EU investorsGlobal market access
Min deposit
$0
Pricing
Tiered commissions; spreads/financing on leveraged products.
Demo account
Yes
Regulation
Danish FSA, FCA
88Trust
74Fees
72Ease
84Mobile

Vast global market access

Premium positioning

Interactive Brokers

Stock Brokers

4.1
out of 5
Advanced tradersInternational market access
Min deposit
$0
Pricing
Tiered/fixed commissions (IBKR Pro) or commission-free US stocks (IBKR Lite).
Demo account
Yes
Regulation
SEC, FINRA
92Trust
88Fees
55Ease
78Mobile

Vast global market access

Steep learning curve

tastytrade

Stock Brokers

4.1
out of 5
Options tradersActive derivatives traders
Min deposit
$0
Pricing
Per-contract commissions with caps; no closing commission on options.
Demo account
No
Regulation
SEC, FINRA
84Trust
84Fees
70Ease
78Mobile

Options-first design

Niche focus

Public

Stock Brokers

4.0
out of 5
Beginners wanting transparencyMulti-asset investing
Min deposit
$0
Pricing
Commission-free equities with no PFOF on stocks/ETFs; options order flow and bond markups are monetised; optional Public Premium membership.
Demo account
No
Regulation
SEC, FINRA
80Trust
82Fees
86Ease
86Mobile

No PFOF on stocks/ETFs

Lighter advanced tooling

Robinhood

Stock Brokers

3.9
out of 5
BeginnersMobile-first traders
Min deposit
$0
Pricing
Commission-free; revenue via payment for order flow, margin and subscriptions.
Demo account
No
Regulation
SEC, FINRA
74Trust
90Fees
92Ease
93Mobile

Extremely easy to use

Limited research and charting

Moomoo

Stock Brokers

3.9
out of 5
Active traders wanting free advanced toolsChart-focused traders
Min deposit
$0
Pricing
Commission-free equities; revenue via order flow, margin and data.
Demo account
Yes
Regulation
SEC, FINRA
74Trust
86Fees
74Ease
88Mobile

Advanced tools for a free app

Can overwhelm beginners

Webull

Stock Brokers

3.8
out of 5
Active beginnersChart-focused traders
Min deposit
$0
Pricing
Commission-free; revenue via order flow, margin, and market-data subscriptions.
Demo account
Yes
Regulation
SEC, FINRA
72Trust
88Fees
78Ease
88Mobile

Advanced charting for a free app

Thinner education

Futures brokers & platforms (2)

Brokers and trading platforms for futures and micro futures, traded with your own capital.

4.0
out of 5
Futures day tradersAutomation and strategy building
Min deposit
$0
Pricing
Per-contract commissions with tiered platform licensing.
Demo account
Yes
Regulation
NFA, CFTC
82Trust
82Fees
66Ease
70Mobile

Excellent futures charting

Futures-focused (no stocks)

4.0
out of 5
Active futures/options tradersStrategy backtesting
Min deposit
$0
Pricing
Commission-free equities; per-contract futures/options; data subscriptions.
Demo account
Yes
Regulation
SEC, FINRA
84Trust
78Fees
64Ease
74Mobile

Powerful backtesting (EasyLanguage)

Steeper learning curve

Affiliate disclosure: We may earn a commission when you click some links on our site. This does not cost you extra. Our comparisons are educational and transparent, and our rankings are not affected by commissions.

Risk warning: Trading stocks, options, futures, forex, crypto, CFDs and funded accounts involves risk. You can lose money. This website is educational only and does not provide financial, investment, tax or legal advice.