Yes, you can trade either American or European options on Interactive Brokers. 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.
Interactive Brokers Options Trading Review
Name: Interactive Brokers Options Trading
Description: IBKR offers one of the most, if not the most advanced options trading platform for private clients, both for derivatives markets (indices, commodities and forex) and stocks and shares. They provide access to a huge amount of UK and international stock options, but where they really win business is by their execution capabilities.
60% of retail investor accounts lose money when trading CFDs with this provider.
Summary
- Options markets available: 10,000
- Options costs: from £0.6 per contract
- Minimum deposit: £2,000
- Account types: CFDs, DMA, futures & options, investing
Pros
- Widest range of options to trade
- Online options strategy execution
- Excellent options trading platform
Cons
- No tax free options spread betting
-
Pricing
(4.5)
-
Market Access
(4.5)
-
Online Platform
(4.5)
-
Customer Service
(3.5)
-
Research & Analysis
(4)
Overall
4.2- Expert opinion: Interactive Brokers (IBKR) full review
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
