Intro and winners
Find below the strengths of the best options trading platforms available in the United States, updated for 2025:
- tastytrade is the best options trading platform in 2025 - Low trading fees. Great educational materials. Good research tools.
- Interactive Brokers - Extremely low fees. Wide range of products. Many great research tools.
- Fidelity - Commission-free US stocks and ETFs. Great trading platforms and research. US and international stocks.
- Webull - Free stock/ETF trading. High interest on uninvested cash. Fast and easy account opening.
- Charles Schwab - Free stock and ETF trading. Outstanding research. Great customer service.
- moomoo - Commission-free stock and ETF trading. Fast and easy account opening. Quality analytical tools and excellent education services.
- Zacks Trade - Low fees. Extensive stock and ETF selection. Great customer service.
- TradeZero - Low stock and ETF fees. Quick and easy account opening. Excellent education and customer support.
- Merrill Edge - Low trading fees. Easy and seamless account opening. Strong parent company.
- IG - First-class web trading platform. Superb educational tools. Great deposit and withdrawal options.
Overview of the best options trading platforms
While many options trading platforms offer an excellent service, the ones in our top list go the extra mile.
| Broker | Options exchanges (#) | Minimum deposit |
|---|---|---|
| tastytrade | 8 | $0 |
| Interactive Brokers | 34 | $0 |
| Fidelity | 8 | $0 |
| Webull | 6 | $0 |
| Charles Schwab | 8 | $0 |
| moomoo | 5 | $0 |
| Zacks Trade | 34 | $250 |
| TradeZero | 10 | $250 |
| Merrill Edge | 5 | $0 |
| IG | 12 | $0 |
Popularity of the best options trading platforms
Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.
Fee comparison of the best brokers for options trading
How much you have to pay for a trade in spreads, commission and other trading costs is a key broker selection criteria. We calculated a benchmark fee for the most important costs when trading options, which you can see in the table below. This is the total of how much you have to pay in commissions and other costs for each asset class.
| Broker | US stock index options | US stock options |
|---|---|---|
| tastytrade | $5.0 | $5.0 |
| Interactive Brokers | $6.5 | $6.5 |
| Fidelity | $6.5 | $6.5 |
| Webull | $5.5 | $0.0 |
| Charles Schwab | $6.5 | $6.5 |
| moomoo | $5.0 | $0.0 |
| Zacks Trade | $7.8 | $7.8 |
| TradeZero | $5.9 | $5.9 |
| Merrill Edge | $6.5 | - |
| IG | $10.0 | - |
If you are unsure how brokerage fees work, check out this article on the various fees, charges and costs.
Non-trading fees at the top brokers for options trading
Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.
| Broker | Account fee | Inactivity fee |
|---|---|---|
| tastytrade | ||
| Interactive Brokers | ||
| Fidelity | ||
| Webull | ||
| Charles Schwab | ||
| moomoo | ||
| Zacks Trade | ||
| TradeZero | ||
| Merrill Edge | ||
| IG |
Recommended for options and futures traders focusing on US markets
| tastytrade snapshot | |
|---|---|
| Minimum deposit | $0 |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Inactivity fee | No |
| Trading platform score | 4.0 stars |
| Available options markets | 8 |
| Read review | For a detailed analysis of tastytrade services, check out our review for 2025 |
Recommended for traders looking for broad market access and a professional trading environment
| Interactive Brokers snapshot | |
|---|---|
| Minimum deposit | $0 |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Inactivity fee | No |
| Trading platform score | 4.5 stars |
| Available options markets | 34 |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2025 |
Recommended for investors and traders looking for solid research and great trading platforms
| Fidelity snapshot | |
|---|---|
| Minimum deposit | $0 |
| Deposit method | Bank transfer, PayPal, Venmo, Apple Pay |
| Withdrawal method | Bank transfer, PayPal, Venmo, Apple Pay |
| Withdrawal fee | $0 |
| Inactivity fee | No |
| Trading platform score | 4.7 stars |
| Available options markets | 8 |
| Read review | For a detailed analysis of Fidelity services, check out our review for 2025 |
Recommended for investors and traders looking for zero-commission trading and easy platforms
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Your capital is at risk. You may lose money on your investments.
| Webull snapshot | |
|---|---|
| Minimum deposit | $0 |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Inactivity fee | No |
| Trading platform score | 5.0 stars |
| Available options markets | 6 |
| Read review | For a detailed analysis of Webull services, check out our review for 2025 |
Recommended for investors and traders looking for solid research, low fees and great customer service
| Charles Schwab snapshot | |
|---|---|
| Minimum deposit | $0 |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Inactivity fee | No |
| Trading platform score | 4.5 stars |
| Available options markets | 8 |
| Read review | For a detailed analysis of Charles Schwab services, check out our review for 2025 |
Recommended for investors and traders looking for zero-commission trading and focusing on US markets
| moomoo snapshot | |
|---|---|
| Minimum deposit | $0 |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Inactivity fee | No |
| Trading platform score | 4.7 stars |
| Available options markets | 5 |
| Read review | For a detailed analysis of moomoo services, check out our review for 2025 |
Recommended for traders and investors looking for comprehensive research tools, a wide product selection and low fees
| Zacks Trade snapshot | |
|---|---|
| Minimum deposit | $250 |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Inactivity fee | Yes |
| Trading platform score | 3.6 stars |
| Available options markets | 34 |
| Read review | For a detailed analysis of Zacks Trade services, check out our review for 2025 |
Recommended for investors and traders interested in commission-free trading and a focus on US stocks and options
| TradeZero snapshot | |
|---|---|
| Minimum deposit | $250 |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $15 |
| Inactivity fee | No |
| Trading platform score | 4.4 stars |
| Available options markets | 10 |
| Read review | For a detailed analysis of TradeZero services, check out our review for 2025 |
Recommended for investors and traders looking for low fees, quick account opening and simple platforms
| Merrill Edge snapshot | |
|---|---|
| Minimum deposit | $0 |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Inactivity fee | No |
| Trading platform score | 4.6 stars |
| Available options markets | 5 |
| Read review | For a detailed analysis of Merrill Edge services, check out our review for 2025 |
Recommended for traders of any experience level looking for an easy-to-use trading platform
Visit broker
70% of retail CFD accounts lose money
| IG snapshot | |
|---|---|
| Minimum deposit | $0 |
| Deposit method | Bank transfer, Credit/debit cards, PayPal |
| Withdrawal method | Bank transfer, Credit/debit cards |
| Withdrawal fee | $0 |
| Inactivity fee | No |
| Trading platform score | 5.0 stars |
| Available options markets | 12 |
| Read review | For a detailed analysis of IG services, check out our review for 2025 |
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How did BrokerChooser select the best brokers for options trading?
- We checked whether the broker has fair options fees,
- Assessed desktop trading platform and research capabilities,
-
Checked withdrawal fees and options selection,
- Opened an account and tested the platform (charting, features, usability) with real money.
Save hours of research!
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.
BrokerChooser evaluates 9 key areas for all brokers including fees, safety, ease of account opening, education, and trading platforms. We check more than 600 criteria for each broker and finetune our methodology every year based on our own and our users' experiences. We have more than 100 brokers reviewed on our site and our team of analysts examines more than 60,000 data points overall.
FAQ
Which is the cheapest option trading brokerage?
There is no such thing as the cheapest broker for trading options. There are too many factors that determine the final price of a trade. Brokers such as tastyworks and Interactive Brokers offer competitive trading and non-trading fees but you may be able to find a local broker that has lower charges.
Can you get rich trading options?
Trading options can yield substantial returns on investment if the trade works out. This happens when the underlying asset's price moves significantly beyond the strike price. For this reason, option buyers often have greater profit potential. As with as any investment, options trading carries its own set of risks and is by no means a guarantee to financial success.
What makes a good options trading platform?
When selecting the best options trading platforms in 2025, we ranked brokers along more than 600 criteria. In order not to overwhelm you, here are the four most important criteria we considered.
| 1. Options and withdrawal fees | Options trading fees are obviously important, but withdrawal fees can also hurt your profits if you want to transfer out your money frequently. |
| 2. Markets and products | Some brokers offer a huge selection of options to trade, others not so much. Check the product offering before opening an account. |
| 3. Desktop trading platform | A user-friendly and well-equipped trading platform can significantly increase your trading comfort. Good charting and analytical tools are especially important. |
| 4. Research | Successful trading requires quality research tools. Make sure you can rely on the data provided by your chosen broker. |
Which are the best brokers for trading options?
These are the top brokers for options trading in the world 2025:
- tastytrade - Low trading fees. Great educational materials. Good research tools.
- Interactive Brokers - Extremely low fees. Wide range of products. Many great research tools.
- Fidelity - Commission-free US stocks and ETFs. Great trading platforms and research. US and international stocks.
- Webull - Free stock/ETF trading. High interest on uninvested cash. Fast and easy account opening.
- Charles Schwab - Free stock and ETF trading. Outstanding research. Great customer service.
- moomoo - Commission-free stock and ETF trading. Fast and easy account opening. Quality analytical tools and excellent education services.
- Zacks Trade - Low fees. Extensive stock and ETF selection. Great customer service.
- TradeZero - Low stock and ETF fees. Quick and easy account opening. Excellent education and customer support.
- Merrill Edge - Low trading fees. Easy and seamless account opening. Strong parent company.
- IG - First-class web trading platform. Superb educational tools. Great deposit and withdrawal options.
Want to understand options and options trading in more detail?
Check out these articles written by our broker and trading experts:
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
