Top Options Trading Platforms for 2025
At Trading Insider, we’ve identified the best brokers for options trading this year, based on fees, platform quality, and market access.
- Interactive Brokers – Best overall for low fees, diverse product range, and advanced research tools.
- Zacks Trade – Competitive pricing, great stock & ETF selection, and top-tier customer support.
- MEXEM – Low-cost options trading with a wide range of markets and powerful research tools.
- IG – User-friendly web trading platform, top-notch educational resources, and seamless deposits/withdrawals.
- Alpaca Trading – API-driven options trading with free stock & ETF trades and advanced charting tools.
- CapTrader – Low-cost trading with comprehensive market access and research capabilities.
Overview of the Best Options Trading Platforms
Many brokers offer solid options trading services, but the ones on our list go the extra mile, providing the best combination of low fees, intuitive platforms, and powerful research tools.
Top Brokers for Options key data compiled for 2025
Broker | Options Exchange (#) | Minimum Deposit |
Interactive Brokers | 34 | $0 |
Zacks Trade | 34 | $250 |
MEXEM | 34 | $0 |
IG | 12 | $0 |
Alpaca Trading | 5 | $0 |
CapTrader | 34 | $2000 |
Fee Comparison of the Best Brokers for Options Trading
Trading fees—spreads, commissions, and other costs—play a crucial role when choosing a broker. At Trading Insider, we’ve calculated a benchmark fee covering the key costs associated with trading options.
Fees at the Top Brokers for Options Trading in 2025
Broker | US Stock Index Options | US Stock Options |
Interactive Brokers | $6.5 | $6.5 |
Zacks Trade | $7.8 | $7.8 |
MEXEM | $20.0 | $20.0 |
IG | $10.0 | - |
Alpaca Trading | - | $0.0 |
CapTrader | $3.50 | $35.0 |
Interactive Brokers
Recommended for traders looking for broad market access and a professional trading environment
Interactive Broker Snapshot
Minimum Deposit | $0 |
Deposit Method | Bank transfer |
Withdrawal Method | Bank transfer |
Withdrawal Fee | $0 |
Available Options Markets | 34 |
Read Review | For a detailed analysis of Interactive Brokers services, check out our review for 2025 |
Ratings |
Zacks Trade
Recommended for traders and investors looking for comprehensive research tools, a wide product selection and low fees
Zacks Trade
Minimum Deposit | $250 |
Deposit Method | Bank Transfer |
Withdrawal Method | Bank Transfer |
Withdrawal Fee | $0 |
Available Options Market | 34 |
Read Review | For a detailed analysis of Zacks Trade services, check out our review for 2025 |
Ratings |
MEXEM
Recommended for investors and traders looking for low fees and sophisticated trading platforms
MEXEM Snapshot
Minimum Deposit | $0 |
Deposit Method | Bank Transfer |
Withdrawal Method | Bank Transfer |
Withdrawal Fee | $0 |
Available Options Markets | 34 |
Read Review | For a detailed analysis of MEXEM services, check out our review for 2025 |
Ratings |
IG
Recommended for traders of any experience level looking for an easy-to-use trading platform
IG Snapshot
Minimum Deposit | $0 |
Deposit Method | Bank Transfer, Credit/Debit Cards, PayPal |
Withdrawal Method | Bank Transfer, Credit/Debit Cards |
Withdrawal Fee | $0 |
Available Options Market | 12 |
Read Review | For a detailed analysis of IG services, check out our review for 2025 |
Ratings |
Alpaca Trading
Recommended for traders interested in algorithmic stock trading
Alpaca Trading
Minimum Deposit | $0 |
Deposit Fee | Bank Transfer |
Withdrawal Method | Bank Transfer |
Withdrawal Fee | $0 |
Available Options Markets | 5 |
Read Review | For a detailed analysis of Alpaca Trading services, check out our review for 2025 |
Ratings |
CapTrader
Recommended for investors and traders looking for low fees and sophisticated trading platforms
CapTrader Snapshot
Minimum Deposit | $2000 |
Deposit Method | Bank Transfer |
Withdrawal Method | Bank Transfer |
Withdrawl Fee | $0 |
Available Options Markets | 34 |
Read Review | For a detailed analysis of CapTrader services, check out our review for 2025 |
Ratings |
How Trading Insider Selects the Best Options Brokers
To ensure we recommend the best platforms for options trading, we take the following key factors into account:
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Fair Options Fees – We ensure brokers have transparent and competitive fee structures.
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Platform & Research Tools – We assess the quality of the desktop trading platform, including charting, features, and usability.
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Withdrawal Fees & Options Selection – We check how easy and cost-effective it is to withdraw funds and the variety of options available.
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Real Money Testing – We open accounts and use real money to test the broker’s platform in action.
FAQ
Which is the cheapest options trading brokerage?
There isn’t a single “cheapest” broker; fees depend on various factors like trade volume and asset type. Brokers like Tastyworks and Interactive Brokers offer competitive fees, but sometimes a local broker may offer lower charges.
Can you get rich trading options?
Yes, options trading can lead to substantial returns, especially when the price of the underlying asset moves significantly. However, the high risk means there’s no guarantee of success, and many traders lose money.
What makes a good options trading platform?
We ranked brokers based on 600+ criteria, but the key factors are:
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Low fees for options trades
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User-friendly platform with excellent charting tools
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Strong research and educational resources
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Access to a wide range of options contracts