Options Trading Platforms for 2024

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

Options Trading Platforms Guide

Analysis by Andrew Blumer, Updated Last updated - April 16, 2024

Options Trading Platforms

Finding an oline trading system that works is the first step toward realizing your financial independence. However, getting the wrong system can waste time and even your money! To avoid this problem, it is important to know which systems are the most effective and which ones are a not worth your time. We will help you find the best online trading systems available to help you trade the markets with confidence and ease.

When choosing an online trading platform, keep in mind that what works for you may not necessarily work for someone else. It is important to evaluate your options carefully and select a broker who has the characteristics that suit your investing style and personal investment goals. For instance, if you plan to trade options as part of a long-term investment plan, then you may want to look for an investment firm that offers excellent options trading platforms, as well as a wealth of information on how to invest including tips on buying and selling stocks and options.

Look for a platform that does not charge high broker commissions. As you probably know, the minimum investment amount in options trading is $100. Most investors do not need the extra income from broker commissions. If you do require them, then look for discount brokers that offer trading at a reduced fee or eliminate them altogether. Also, make sure the platform charges reasonable brokerage commission fees.

Trading Platform

In Forex trading, an electronic online trading platform, also called an e-mini trading platform, is a self-contained computer application that is used to place orders for various financial instruments over a secure network using a financial intermediary like a bank. The market for online foreign exchange trading is growing at a rapid pace and has become a very lucrative field. However, for the neophyte trader, setting up a trade-in in this domain can be a little confusing. A trader needs to understand the basic principles of trading before taking the plunge into the world of foreign exchange.

The first thing that any trader should know is that a trading platform is nothing more than a series of screens where they can enter various currency pairs and make trades. Once the trader has entered these pairs, the platform will determine the best selling price for the pair that the trader wants to trade-in. The platform will then calculate how much of that amount the trader should pay as a commission to the broker to buy the currency. The prices on these interfaces are updated constantly, so a trader must constantly monitor the market to be able to perform these calculations.

What Is a Call Option?

A call option is a contract involving the buyer and the holder of the option whereby they trade a specific option on the stock market. This contract is normally referred to as a put option or call option. The option holder has the right, but no obligation, to purchase or sell a specified number of shares at any given point in time. Although these options are commonly used, they're not as familiar as other financial instruments like stocks and bonds, and they're often much more difficult to understand.

Practicing Option Trading

There are many advantages to taking an options trading course. One of the most obvious benefits is that you can learn how to trade options. Unlike other types of investing and financial markets, options trading deals with a highly flexible supply and demand dynamic. This means that you can always find an appropriate opportunity to enter into this type of trading.

Another advantage is the fact that this form of investing is far less risky than other forms. If you are unsure whether you are going to be successful, or if you simply don't know what you're doing, this form of investing is a perfect way to ensure that you won't be losing all of your hard-earned assets. Although options can sometimes be risky, they are usually fairly low-risk. Traders who are just starting are encouraged to start with small amounts of money, as they are still learning the ropes. Once they have some experience under their belt, they may increase their capital and be able to use it towards more lucrative investments.

Is Options Trading Risky?

Options trading can be risky, depending on your strategy. Is this type of trading right for you? You should ask yourself this question, and if you still don't know the answer then continue reading. We'll discuss risk management, strategies for making money in this market, and how much risk is too much. By the time you've finished reading, you'll have a good idea whether options trading is right for you.

Options trading is risk management through calculated risk. If probability and statistics are in your toolbox, chances are pretty high that you'll be successful trading options, too. As a new trader, you only have to worry about two types of risk: statistical volatility and implied volatility, which come into play during any options trade. Statistically, the volatility increases as the price go up. Indicated volatility, on the other hand, rises when the option goes against the prevailing market trend.

Some investors make money with Forex options, but very few investors win. A large number of options buyers are indeed able to make money by purchasing certain 'called' or 'over-the-counter' assets. These assets are not options at all; they're just contracts that give the buyers the right to trade within an agreed-upon time frame. This means that the buyers have no risk whatsoever. Unfortunately, because this contract remains open until an agreed-upon date, there is a risk that the investor may miss the expiration period and suffer a financial loss.

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

Reputable Options Trading Platforms Checklist

Selecting a reliable and reputable online Options Trading Platforms Investment Platforms 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 Trading Platforms Investment Platforms more confidently.

Selecting the right online Options Trading Platforms Investment Platforms 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 Trading Platforms Investment Platforms in Our Brokerage Comparison Table

When choosing a broker for Options Trading Platforms Investment Platforms trading, it's essential to compare the different options available to you. Our Options Trading Platforms Investment Platforms 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 Trading Platforms Investment Platforms broker that best suits your needs and preferences for Options Trading Platforms Investment Platforms. Our Options Trading Platforms Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Options Trading Platforms Investment Platforms of 2024 compared

Here are the top Options Trading Platforms Investment Platforms.

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

All brokers below are Options Trading Platforms Investment Platforms. Learn more about what they offer below.

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

Broker IC Markets Roboforex EasyMarkets SpreadEx Trading212 IG binance webull tradezero nadex zackstrade
Rating
Regulation Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21 Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) Unregulated Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA) Securities Commission of the Bahamas (SCB) Unregulated Unregulated
Min Deposit 200 10 100 1 1 No minimum deposit 100 50 500 250 2500
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 180,000+ 1,000,000+ 142,500+ 10,000+ 15,000,000+ 239,000+ 10,000+ 5,000+ 2,000+ 10,000+ 10,000+
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
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • 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
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Offers Negative Balance Protection
  • Low min deposit
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread 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 MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps Desktop,Android,iPhone/iPad,Mac Web Trader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps Web,iPad,mac,Desktop,iPhoneiOS Android,iPhone/iPad,Tablet
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
Learn More Sign Up with
icmarkets
Sign Up with
roboforex
Sign Up with
easymarkets
Sign Up with
spreadex
Sign Up with
trading212
Sign Up with
ig
Sign Up with
binance
Sign Up with
webull
Sign Up with
tradezero
Sign Up with
nadex
Sign Up with
zackstrade
Risk Warning Losses can exceed deposits Losses can exceed deposits Your capital is at risk Losses can exceed deposits 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 Trading Platforms Investment Platforms in more detail

You can compare Options Trading Platforms Investment Platforms 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 Trading Platforms Investment Platforms for 2024 article further below. You can see it now by clicking here

We have listed top Options Trading Platforms Investment Platforms below.

Options Trading Platforms List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ 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

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 1000000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

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 regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ 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

MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2004 and is used by over 15000000+ 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, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21
IG
(2/5)
Min deposit : 0
IG was established in 1974 and is used by over 239000+ 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, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
binance
(3/5)
Min deposit : 100
Binance was established in 2011 and is used by over 10000+ traders. Your capital is at risk Binance offers Forex trading, Spread Betting, Social trading, .

Funding methods

Bank transfer Credit Card Paypal

Platforms

Desktop,Android,iPhone/iPad,Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
webull
(4/5)
Min deposit : 50
Webull was established in 2017 and is used by over 5000+ traders. Your capital is at risk Webull offers Stocks, Options, ETFs, ADRs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)
tradezero
(2/5)
Min deposit : 500
TradeZero was established in 2014 and is used by over 2000+ traders. Your capital is at risk TradeZero offers ETFs, Stocks, Warrants, Options.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Securities Commission of the Bahamas (SCB)
nadex
(3/5)
Min deposit : 250
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

Web,iPad,mac,Desktop,iPhoneiOS

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
zackstrade
(3/5)
Min deposit : 2500
Zacks Trade was established in 2008 and is used by over 10000+ 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

Android,iPhone/iPad,Tablet

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account

Learn more Learn more about IC Markets.
Losses can exceed deposits
TRADE NOW Try IC Markets today
Losses can exceed deposits