| Name | Logo | Options Markets | Commission | GMG Rating | Customer Reviews | CTA | Feature | Expand |
|---|---|---|---|---|---|---|---|---|
 | Options Markets 10,000 | Commission $0.25-$1 | GMG Rating | Customer Reviews | Visit Platform 59.7% of retail investor accounts lose money | Account Types:
| Interactive Brokers (IBKR) offers Australian investors access to advanced global options trading across 30+ market centres. US option commissions start from just USD 0.15 to 0.65 per contract, making it one of the lowest-cost brokers. Clients can use professional tools like OptionTrader, Strategy Builder, and Options Analytics to manage complex trades. IBKR provides four levels of options permissions, from covered calls to full multi-leg strategies. In Australia, Interactive Brokers is licensed and regulated by ASIC under AFSL 453554. Interactive Brokers: UK's Best Overall Options Trading Platform Account: Interactive Brokers Options Trading Description: IBKR has one of the best options trading platforms for all types of clients because of their market range and strategy builders let you create options trading strategies visually and with AI. Is Interactive Brokers good for options trading?
IBKR offers one of the most, if not the most, advanced options trading platforms for private clients, both for derivatives markets (indices, commodities, and forex) and stocks and shares. They provide access to a huge number of UK and international stock options, but where they really win business is through their execution capabilities. Their strategy builder tool automatically creates the legs for spreads based on what you think is going to happen to the market and you can set your profit and loss visually through drag and drop charts. For this review, I spent an hour or so talking to Steve Sanders, who runs product development for IBKR and it’s epic. There is far too much to go into for a short piffy review and even an a options broker myself I found some of it overwhelming. If you are a professional options trader, I would say there is no better platform out there. However, if you are just getting started trading option, IBKR has a new options tool called Options Wizard, which identifies options strategies according to market outlook, as well as the ability to add option chains into layouts and customise the data that is shown. What’s great about this is that it will create strategies around what you think will happen in the market rather than having to work it out longhand yourself. For exmaple, one of the most popular pieces of analysis we write is about whether or not the Lloyds share price will reach £1 in 2025. So to test IBKR’s Options Wizard I asked it on the GlobalTrader app to to come up with an options strategy that would make me the most money if Lloyds reached £1 before the end of the year. Users can also now make use of options screeners, which sort and scan for option data within new dedicated sections and sub-tabs. Options Wizard: Identify options strategies that match a market outlook. Option Chain in Custom Layouts: Add one or multiple option chains into layouts and customize data columns to show option-specific data, such as the Greeks or Implied Volatility, and use color grouping to connect to other tools in the custom layout area, such as the Rapid Order Entry, to create trades. Options Screeners: Sort and scan for option data with new dedicated sections and sub-tabs that offer complex combination strategies volume and trades for the day, among other features. Pros
Cons
Overall4.9 |
Is it safe to trade options in Australia?
Yes, it is safe to trade options in Australia as long as you use an ASIC regulated options trading platform. However, it’s important to note that options themselves are not safe investments as they are high risk speculative products.
The Australian Securities and Investments Commission (ASIC) is the main body responsible for overseeing derivatives trading, including options. ASIC regulates:
- Brokers and platforms offering options
- Licensing (AFSL requirements)
- Disclosure rules (Product Disclosure Statements)
- Conduct and consumer protection standards
Any broker offering options to Australian retail clients must hold an Australian Financial Services Licence (AFSL) issued and monitored by ASIC.
Where can you trade optinos in Australia?
You can trade options through Australian traind platforms like Interactive Brokers, who provide direct market access to on exchange options contracts through the CME and CBOT.
There are also domestic options exchanges in Austrlaia where options trading is governed by the rules of the exchanges where products are listed, including:
- ASX (Australian Securities Exchange) – the main market for Australian-listed options
- Cboe Australia – another licensed market operator
These exchanges set trading rules, margin requirements, and clearing arrangements. The ASX Clear clearinghouse plays a key role in managing counterparty risk for exchange-traded options in Australia.
What is the best options trading platform in Australia?
We currently rate Interactive Brokers as the best options broker in Australia as they recently were voted best options trading platform in the 2025 Good Money Guide Awards.