Options Trading For Beginners for 2026

We found 11 online brokers that are appropriate for Trading Options Brokers.

Options Trading For Beginners Guide

Analysis by Andrew Blumer, Updated Last updated – February 15, 2026

Options Trading For Beginners

Options trading is a high risk but dynamic and rewarding endeavour that uniquely allows individuals to participate in the financial markets. Whether you are a beginner investor or someone with prior options trading account experience, understanding the ins and outs of options trading is essential for making informed decisions and achieving your investment objectives. In this article, we will explore the world of options trading and answer common questions that beginners often have. From the basics of options and their key differences, from stocks to strategies, risk management, and reliable resources, we will cover various topics to help you navigate the world of options trading confidently.

Options work by leveraging the movement of strike prices of the underlying asset. If the asset's price moves favourably, options can generate substantial profits. However, if the price moves unfavourably, options may lead to losses limited to the initial investment.

Why People Trade Options

As someone who's navigated the volatile waters of the financial markets for four decades, I've come to both respect and cautiously embrace the intricate world of options trading. It's a realm where the winds can shift with sudden ferocity. Let me share with you, the nuanced risks and benefits of this fascinating aspect of trading.

First, the allure of options trading lies in its leverage. Unlike traditional stock trading, where your capital's growth is directly tied to the asset's price movements, options allow you to control a larger amount of stock with a relatively small investment. This leverage can amplify your returns significantly when the market moves in your favor. Imagine steering a powerful sailboat with the wind at your back; the potential to cover vast distances quickly is exhilarating.

However, this leverage is a double-edged sword. Just as it can magnify gains, it can also exacerbate losses. Options are time-sensitive instruments, governed by expiration dates. Each option contract carries with it the relentless ticking of time decay, meaning that as each day passes, the value of the option may decrease if the underlying asset doesn't move as anticipated. It's akin to navigating a narrowing strait; timing and precision are paramount.

The benefits of options trading extend beyond leverage. They offer remarkable flexibility, allowing traders to construct strategies that profit from various market conditions: upward, downward, or even sideways movements. Whether it's through buying calls, selling puts, or crafting intricate spreads, the strategic possibilities are as vast as the ocean. This flexibility enables seasoned sailors of the market, like myself, to adjust their sails to catch even the slightest breeze.

Options also provide a means to hedge against potential losses in other investments. Just as a seasoned captain might chart a course with safe harbors in mind, options can serve as insurance policies for your portfolio, protecting it against unforeseen storms.

Yet, the risks are ever-present. The complexity of options can be daunting, with a steep learning curve that can catch many off guard. Missteps can lead to significant losses, especially for those who venture unprepared into these turbulent waters. Additionally, the costs associated with options trading, including commissions and fees, can erode profits, much like hidden reefs that can unexpectedly damage a sturdy vessel.

What Are The Key Differences Between Options And Stocks?

Options and stocks are distinct investment instruments with different characteristics.

The main differences between options and stocks include the following:

  1. Ownership : Owning stocks grants shareholders a stake in the company, voting rights, and dividends. Options, on the other hand, do not provide ownership rights.

  2. Risk and reward : Stocks offer unlimited potential for profit and losses. In contrast, options have limited risk, as losses are typically capped at the initial investment.

  3. Expiration : Stocks have no expiration date, allowing investors to hold them indefinitely. Options, however, have expiration dates, after which they become worthless if not exercised.

  4. Leverage : Options provide leverage, allowing traders to control more of the underlying asset with a smaller investment.

  5. Flexibility : Options offer various strategies to profit from different market conditions, while stocks generally rely on long-term price appreciation.

How Can Options Be Used To Generate Income?

Options can be employed to generate income through several strategies:

  1. Writing naked options : Experienced traders may sell options without holding the underlying asset. However, this strategy carries higher risk and requires careful risk management.

  2. Iron condor strategy It aims to profit from a stable market with limited price movement.

  3. Credit spreads : Traders can collect a net credit by selling a higher-priced option and buying a lower-priced one simultaneously. If the options expire worthless, the credit becomes profit.

These income-generating strategies require carefully considering the stock market, conditions, risk management, and understanding the potential obligations and risks associated with each strategy.

What Are The Risks Associated With Options Trading?

While options trading can be rewarding, it is essential to understand the risks involved:

  1. Limited time frame : Options have expiration dates, and if the underlying asset does not move in the expected direction within the given time frame, options may expire worthless, resulting in a loss of the initial investment.

  2. Leverage and volatility : Options provide leverage, amplifying both profits and losses. In volatile markets, options can be dangerous due to more significant price swings.

  3. Complexity : Options trading involves understanding various strategies, contract specifications, and market dynamics. Lack of knowledge or poor decision-making can lead to significant losses.

  4. Market risk : Options are subject to general market risks, such as economic downturns, geopolitical events, or unexpected news that can impact the underlying asset's price.

  5. Counterparty risk : Options are traded on exchanges, and there is a risk of default by the counterparty if selling over the counter.

  6. Liquidity risk : Illiquid options may have wider bid-ask spreads, challenging entering or exiting positions at desired prices.

  7. Risk of assignment : When selling options, there is a possibility of being assigned the obligation to buy or sell the underlying asset. This can result in unexpected positions or the need for additional capital.

To mitigate risks, it is crucial to educate oneself, use risk management strategies, diversify investments, and consider the guidance of a financial advisor when necessary.

What Are The Different Types Of Options Contracts?

Options contracts come in various forms, each serving different purposes:

  1. Call options : Buyer is able to get a pre agreed price for a set time.

  2. Put options : Seller gets a pre agreed price before the option time runs out.

  3. American options : The buyer can exercise American options before the expiration date.

  4. European options : European options can only be exercised at the expiration date.

  5. Index options : Index options are based on an index, such as the S& P 500, rather than an individual stock.

  6. Equity options : Equity options are based on individual stocks.

  7. Exchange-traded options : These options trade on regulated exchanges and have standardized terms.

  8. Over-the-counter options : Over-the-counter options are customized contracts between two parties, typically facilitated by a broker.

  9. Mini options : Mini options represent a fraction of the size of standard options contracts, typically one-tenth the size.

  10. Weekly options : Weekly options expire weekly, providing more frequent trading opportunities.

  11. LEAPS (Long-Term Equity Anticipation Securities) : LEAPS have longer-term expiration dates, often up to two years.

Understanding the different types of options contracts enables traders to select the most suitable instruments for trading accounts of their investment objectives and market outlook.

How Do You Choose The Right Options Strategy For Your Trading Goals?

Selecting the appropriate options strategy depends on your trading goals and market outlook. Consider risk tolerance, time horizon, and expected price movement. Neutral options strategies, such as iron condors or butterfly spreads, can be used when expecting limited price movement. Strategies like straddles or strangles work well in volatile markets. It's essential to thoroughly understand each strategy's potential risks and rewards and align them with your trading goals and risk appetite.

What Is The Role Of Expiration Dates In Options Trading?

They represent the deadline by which an options contract must be exercised or becomes worthless. Expiration dates impact the time value of the options, as they define the duration during which the underlying asset's price can move in a favourable direction. Shorter expiration dates tend to have lower premiums but carry higher risks due to the limited time for the stock's price to move. Longer expiration dates provide more time for the underlying asset's price to reach a desired level but come with higher premiums. Traders must carefully consider expiration dates when selecting options contracts that align with their trading objectives and timeframes.

What Are The Factors That Influence The Value Of An Options Contract?

Several factors influence the value of an options contract:

  1. Underlying asset price

  2. Time to expiration : As expiration approaches, the option's time value diminishes, potentially reducing the option's overall value.

  3. Volatility : Higher volatility increases the probability of large price swings, resulting in higher option premiums to compensate for the increased risk.

  4. Interest rates : Changes in interest rates can impact the cost of carrying the underlying asset, affecting options pricing.

  5. Dividends

  6. Market supply and demand : The overall demand and supply for options on a particular asset can influence prices.

Understanding these factors helps traders assess the fair value of an option and identify opportunities where options may be overpriced or underpriced in the market.

How Can You Assess And Manage Risk When Trading Options?

You know, diving into options trading is like stepping into a whole new world compared to our usual stock game. It's all about leveraging, but that leverage swings both ways - massive gains or, well, the opposite.

First off, risk management isn't just a part of the game; it's the whole darn playbook. You've got to keep your eye on the ball with position sizing. Never let a single trade have so much power that it could wipe you out. I usually don't risk more than 1% or 2% of my portfolio on any given options trade. Sounds conservative, but believe me, in the options world, that's plenty.

Diversification, it's our old friend but with a twist in the options market. Don't put all your eggs in one basket, or in this case, one underlying asset or strategy. Spread it out. Different sectors, different strategies - some calls here, some puts there, maybe even straddles or strangles to play both sides of the fence.

And, of course, there's the exit plan. In trading, just like in those action movies, you need a clear escape route. Set your profit targets and stop-loss levels before you even enter a trade. And stick to them. Emotions are the biggest enemy of a trader; they'll have you holding onto losing positions in hope and selling winners in fear.

Lastly, keep learning. The market's always changing, new strategies come up, regulations update. Stay on top of it. Remember, in trading, the moment you think you know everything, the market will humble you.

What Are The Benefits Of Buying Options Compared To Selling Options?

When considering options trading, it's essential to understand the benefits of buying options compared to selling options:

  1. Leverage : Buying options allow traders to control more of the underlying asset with a smaller upfront investment, providing increased leverage.

  2. Limited risk : The maximum potential loss when buying options is the initial premium paid. Losses are limited even if the trade moves against expectations.

  3. Profit potential : Buying options enables traders to benefit from favourable underlying asset price movements. Profits are not capped and can be substantial.

  4. Hedging : Buying options can be used as a hedging strategy to protect against adverse price movements in an existing position.

  5. Simplicity : Buying options is straightforward and easier to understand for beginner traders than complex options-selling strategies.

While buying options offers these advantages, it's essential to carefully select options contracts, manage risk, and consider factors such as time decay and market conditions.

What Are The Common Mistakes To Avoid When Trading Options?

When trading options, it is crucial to avoid common mistakes that can lead to significant losses:

  1. Lack of education : Knowledge and understanding of options trading can result in better decision-making and unnecessary risks. Continuously educate yourself to make informed choices.

  2. Overtrading : Excessive trading without a well-defined strategy can lead to increased transaction costs and decreased profitability. Focus on quality trades rather than quantity.

  3. Neglecting risk management : Failure to implement risk management strategies can expose traders to substantial losses. Constantly assess and manage risk effectively.

  4. Chasing speculative trades : Avoid succumbing to high-risk, high-reward trades without proper analysis. Maintain discipline and stick to your trading plan.

  5. Ignoring market conditions : Considering market trends, volatility, and economic indicators can lead to better trade timing and suboptimal results. Stay informed about market conditions.

  6. Lack of exit plan : Not having predefined exit points or stop-loss orders can result in holding losing positions for too long. Define exit strategies to protect capital.

  7. Overexposure to a single trade : Concentrating a significant portion of capital in a single trade increases the risk of substantial losses. Diversify your trades and manage position sizes.

Avoiding these common mistakes requires discipline, risk management, continuous learning, and a well-defined trading plan.

Beginner Options Trading Final Thoughts

options trading offers a world of opportunity, replete with both peril and promise. It requires a keen understanding of market dynamics, a disciplined approach to risk management, and an unwavering resolve in the face of uncertainty. For those willing to learn its secrets and navigate its challenges, options trading can be a rewarding journey. Just remember, my friend, in the vast sea of the financial markets, wisdom and experience are your most reliable compasses.

Options trading can be an exciting and profitable venture for those willing to put in the time and effort to understand its intricacies. By grasping the fundamentals of options, recognizing the risks involved, and employing appropriate strategies, beginners can start their journey toward becoming successful options traders. Remember to continue learning, stay disciplined, and adapt your approach as market conditions evolve. Additionally, seek out reliable resources and consult with professionals when needed. With diligent research, practice, and a cautious yet proactive mindset, options trading can be valuable to your investment portfolio, offering opportunities to generate income, manage risk, and capitalize on market movements.

We have conducted extensive research and analysis on over multiple data points on Options Trading For Beginners to present you with a comprehensive guide that can help you find the most suitable Options Trading For Beginners. Below we shortlist what we think are the best Options Brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Options Trading For Beginners.

Reputable Options Trading For Beginners Checklist

Selecting a reliable and reputable online Options Brokers trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Options Brokers more confidently.

Selecting the right online Options Brokers trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Compare Key Features of Options Brokers in Our Brokerage Comparison Table

When choosing a broker for Options Brokers trading, it's essential to compare the different options available to you. Our Options Brokers brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.

By comparing these essential features, you can choose a Options Brokers broker that best suits your needs and preferences for Options Brokers. Our Options Brokers broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Options Brokers of 2026 compared

Here are the top Options Brokers.

Compare Options Brokers brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Options Brokers broker, it's crucial to compare several factors to choose the right one for your Options Brokers needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are Options Brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Options Brokers that accept Options Brokers clients.

Broker IC Markets Roboforex EasyMarkets SpreadEx Trading212 IG binance webull tradezero nadex zackstrade
Rating
Regulation International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd RoboForex Ltd is authorised and regulated by the Financial Services Commission (FSC) of Belize under licence No. 000138/32, under the Securities Industry Act 2021, RoboForex Ltd is an (A category) member of The Financial Commission, also RoboForex Ltd is a participant of the Financial Commission Compensation Fund Easy Forex Trading Ltd is regulated by CySEC (License Number 079/07). Easy Forex Trading Ltd is the only entity that onboards EU clients, easyMarkets Pty Ltd is regulated by ASIC (AFS License No. 246566), EF Worldwide Ltd in Seychelles is regulated by FSA (License Number SD056), EF Worldwide Ltd in the British Virgin Islands is regulated by FSC (License Number SIBA/L/20/1135) FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835), licence in Ireland as remote bookmaker for fixed odds betting licence number 1016176 FCA (Financial Conduct Authority) (609146), ASIC (Australian Securities and Investments Commission) (541122), FSC (Financial Supervision Commission Bulgaria) (RG-03-0237), CySEC (Cyprus Securities and Exchange Commission) (398/21) FCA (Financial Conduct Authority) (195355) IG Markets Limited, BaFin (German Federal Financial Supervisory Authority), FINMA (Swiss Financial Market Supervisory Authority), DFSA (Dubai Financial Services Authority), FSCA (Financial Sector Conduct Authority, South Africa), MAS (Monetary Authority of Singapore), JFSA (Japanese Financial Services Agency), ASIC (Australian Securities and Investments Commission), FMA (Financial Markets Authority, New Zealand), CFTC (Commodity Futures Trading Commission), BMA (Bermuda Monetary Authority) AMF (Autorité des Marchés Financiers, France) (E2022-037), OAM (Organismo Agenti e Mediatori, Italy) (PSV5), FIU (Financial Intelligence Unit, Lithuania) (305595206), Bank of Spain (D661), Polish Tax Administration (RDWW-465), SFSA (Swedish Financial Supervisory Authority) (66822), AFSA (Astana Financial Services Authority, Kazakhstan), FSRA (Financial Services Regulatory Authority, Abu Dhabi), CBB (Central Bank of Bahrain), VARA (Dubai Virtual Asset Regulatory Authority), AUSTRAC (Australian Transaction Reports and Analysis Centre) (100576141-001), FIU-IND (Financial Intelligence Unit India), Bappebti (Indonesia) (001/BAPPEBTI/CP-AK/11/2019), JFSA (Japan Financial Services Agency) (Kanto Local Finance Bureau 00031), FSP (New Zealand Financial Service Providers Register) (FSP1003864), SEC (Securities and Exchange Commission, Thailand), SAT (Tax Administration Service, Mexico), CNAD (Comisión Nacional De Activos Digitales, El Salvador) (PSDA/001-2003), FSCA (Financial Sector Conduct Authority, South Africa) SEC (Securities and Exchange Commission), FINRA (Financial Industry Regulatory Authority), SIPC (Securities Investor Protection Corporation), NYSE (New York Stock Exchange), NFA (National Futures Association), CFTC (Commodity Futures Trading Commission), CBOE EDGX (Cboe EDGX Exchange, Inc.) SCB (Securities Commission of the Bahamas) (SIA-F151) CFTC (Commodity Futures Trading Commission) FINRA (Financial Industry Regulatory Authority), SIPC (Securities Investor Protection Corporation)
Min Deposit 200 10 25 No minimum deposit 1 No minimum deposit No minimum deposit No minimum deposit 500 No minimum deposit 250
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 200,000+ 730,000+ 250,000+ 60,000+ 5,000,000+ 313,000+ 300,000,000+ 25,900,000+ 250,000+ 10,000+ 720,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Low min deposit
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Low min deposit
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Demo account
  • Mini account
  • Standard account
  • Standard account
  • Managed account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Managed account
Platforms MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView Web Trader, Mobile Apps, iOS (App Store), Android (Google Play) MT4, ProRealTime, L2 Dealer, Mobile Trading APIs, Web Platform, Mobile Trading, Apple App iOS, Android Google Play Apple App iOS, Android Google Play, MacOS, Windows, Linux, Desktop Webull Desktop, WebTrade, Webull Mobile, Mobile Apps, Android (Google Play), iOS (App Store) ZeroPro, Desktop, Web, ZeroWeb, ZeroFree, ZeroMobile, Android (Google Play), iOS (App Store) Live Web Trading Platform, Demo Web Trading Platform, Mobile Apps, iOS (App Store), Android (Google Play) Mobile Apps, Android (Google Play), iOS (App Store), Zacks Trade Pro, Zack Trade App, Web
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
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roboforex
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easymarkets
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spreadex
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trading212
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ig
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binance
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webull
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tradezero
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nadex
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zackstrade
Risk Warning Losses can exceed deposits Losses can exceed deposits Your capital is at risk 62% of retail CFD accounts lose money CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk Your capital is at risk
Demo IC Markets
Demo
Roboforex
Demo
easyMarkets
Demo
SpreadEx
Demo
Trading 212
Demo
IG
Demo
Binance
Demo
Webull
Demo
TradeZero
Demo
nadex
Demo
Zacks Trade
Demo
Excluded Countries US, IR, CA, NZ, JP AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE US, TR US, CA US, BE, FR, IN, IL, PL, ZW RU UK, AU, SA, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX US, IN, PK, BD, NG , ID, BE


All Options Brokers in more detail

You can compare Options Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Options Brokers for 2026 article further below. You can see it now by clicking here

We have listed top Options Brokers below.

Options Trading For Beginners List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 200000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 730000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by RoboForex Ltd is authorised and regulated by the Financial Services Commission (FSC) of Belize under licence No. 000138/32, under the Securities Industry Act 2021, RoboForex Ltd is an (A category) member of The Financial Commission, also RoboForex Ltd is a participant of the Financial Commission Compensation Fund
EasyMarkets
(4/5)
Min deposit : 25
easyMarkets was established in 2001 and is used by over 250000+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Easy Forex Trading Ltd is regulated by CySEC (License Number 079/07). Easy Forex Trading Ltd is the only entity that onboards EU clients, easyMarkets Pty Ltd is regulated by ASIC (AFS License No. 246566), EF Worldwide Ltd in Seychelles is regulated by FSA (License Number SD056), EF Worldwide Ltd in the British Virgin Islands is regulated by FSC (License Number SIBA/L/20/1135)
SpreadEx
(4/5)
Min deposit : 0
SpreadEx was established in 1999 and is used by over 60000+ traders. 62% of retail CFD accounts lose money SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835), licence in Ireland as remote bookmaker for fixed odds betting licence number 1016176
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2004 and is used by over 5000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading 212 offers Stocks, Forex, Commodities, Indices.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (609146), ASIC (Australian Securities and Investments Commission) (541122), FSC (Financial Supervision Commission Bulgaria) (RG-03-0237), CySEC (Cyprus Securities and Exchange Commission) (398/21)
IG
(2/5)
Min deposit : 0
IG was established in 1974 and is used by over 313000+ traders. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. IG offers Forex, CFDs, Spread Betting, Share dealing.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, ProRealTime, L2 Dealer, Mobile Trading APIs, Web Platform, Mobile Trading, Apple App iOS, Android Google Play

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (195355) IG Markets Limited, BaFin (German Federal Financial Supervisory Authority), FINMA (Swiss Financial Market Supervisory Authority), DFSA (Dubai Financial Services Authority), FSCA (Financial Sector Conduct Authority, South Africa), MAS (Monetary Authority of Singapore), JFSA (Japanese Financial Services Agency), ASIC (Australian Securities and Investments Commission), FMA (Financial Markets Authority, New Zealand), CFTC (Commodity Futures Trading Commission), BMA (Bermuda Monetary Authority)
binance
(3/5)
Min deposit : 0
Binance was established in 2011 and is used by over 300000000+ traders. Your capital is at risk Binance offers Forex trading, Spread Betting, Social trading, .

Funding methods

Bank transfer Credit Card Paypal

Platforms

Apple App iOS, Android Google Play, MacOS, Windows, Linux, Desktop

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by AMF (Autorité des Marchés Financiers, France) (E2022-037), OAM (Organismo Agenti e Mediatori, Italy) (PSV5), FIU (Financial Intelligence Unit, Lithuania) (305595206), Bank of Spain (D661), Polish Tax Administration (RDWW-465), SFSA (Swedish Financial Supervisory Authority) (66822), AFSA (Astana Financial Services Authority, Kazakhstan), FSRA (Financial Services Regulatory Authority, Abu Dhabi), CBB (Central Bank of Bahrain), VARA (Dubai Virtual Asset Regulatory Authority), AUSTRAC (Australian Transaction Reports and Analysis Centre) (100576141-001), FIU-IND (Financial Intelligence Unit India), Bappebti (Indonesia) (001/BAPPEBTI/CP-AK/11/2019), JFSA (Japan Financial Services Agency) (Kanto Local Finance Bureau 00031), FSP (New Zealand Financial Service Providers Register) (FSP1003864), SEC (Securities and Exchange Commission, Thailand), SAT (Tax Administration Service, Mexico), CNAD (Comisión Nacional De Activos Digitales, El Salvador) (PSDA/001-2003), FSCA (Financial Sector Conduct Authority, South Africa)
webull
(4/5)
Min deposit : 0
Webull was established in 2017 and is used by over 25900000+ traders. Your capital is at risk Webull offers Stocks, Options, ETFs, ADRs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Webull Desktop, WebTrade, Webull Mobile, Mobile Apps, Android (Google Play), iOS (App Store)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by SEC (Securities and Exchange Commission), FINRA (Financial Industry Regulatory Authority), SIPC (Securities Investor Protection Corporation), NYSE (New York Stock Exchange), NFA (National Futures Association), CFTC (Commodity Futures Trading Commission), CBOE EDGX (Cboe EDGX Exchange, Inc.)
tradezero
(2/5)
Min deposit : 500
TradeZero was established in 2014 and is used by over 250000+ traders. Your capital is at risk TradeZero offers ETFs, Stocks, Warrants, Options.

Funding methods

Bank transfer Credit Card Paypal

Platforms

ZeroPro, Desktop, Web, ZeroWeb, ZeroFree, ZeroMobile, Android (Google Play), iOS (App Store)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by SCB (Securities Commission of the Bahamas) (SIA-F151)
nadex
(3/5)
Min deposit : 0
nadex was established in 2008 and is used by over 10000+ traders. Your capital is at risk nadex offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Live Web Trading Platform, Demo Web Trading Platform, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by CFTC (Commodity Futures Trading Commission)
zackstrade
(3/5)
Min deposit : 250
Zacks Trade was established in 2008 and is used by over 720000+ traders. Your capital is at risk Zacks Trade offers Forex trading, CFD trading, Social trading, Share Dealing.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Mobile Apps, Android (Google Play), iOS (App Store), Zacks Trade Pro, Zack Trade App, Web

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FINRA (Financial Industry Regulatory Authority), SIPC (Securities Investor Protection Corporation)

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Losses can exceed deposits
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Losses can exceed deposits