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Summary of Best Options Trading Brokers and Platforms of January 2021
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All products and services are presented without warranty. Most brokerage platforms offer similar feature sets, making it difficult to choose one over the other.
Some brokerages have a fixed single rate while others offer discount volume trading. Options trading features include quality of research, option-specific platform features, mobile access, and options tools.
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The brokerages reviewed in this article offer all of the features previously mentioned. Any differences that rise above competitors are pointed out. There is more focus on commissions for each brokerage. As your options trading becomes more sophisticated, you might learn that research or certain tools are available at some brokerages and not others.
How to Quickly Scan The Best Option Trading Stocks
This availability might be enough to make you switch brokerages. How well laid out the platform is can be another reason to switch brokerages.
Best Options Trading Platforms
But platform design is a personal preference. As mentioned above, most platforms are very similar across brokerages. Option trading requires a margin account.
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These options levels are the same across all brokerages. Brokerages listed below are in no particular order. Check to see which brokerages are offering a commission-free period for new accounts that deposit a certain amount.