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.
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.
- Options markets available: 10,000
- Options costs: From £0.6 per contract
- Minimum deposit: £2,000
- Account types: CFDs, DMA, futures & options, investing
Compare options trading on IBKR to other options brokers below:
| Options Trading Platform | Options Available | DMA or OTC | Minimum Deposit | GMG Rating | More Info | Risk Warning |
|---|---|---|---|---|---|---|
 | 40+ | OTC | £100 | See Platform | 69% of retail investor accounts lose money when trading CFDs with this provider | |
 | 10,000 | DMA | £1 | See Platform | 60% of retail investor accounts lose money when trading CFDs with this provider | |
 | 5+ | OTC | £1 | See Platform | 64% of retail investor accounts lose money when trading CFDs with this provider | |
 | 100+ | CFD | £100 | See Platform | 80% of retail investor accounts lose money when trading CFDs with this provider. | |
 | 1,000+ | OTC | £250 | See Platform | 69% of retail investor accounts lose money when trading CFDs and spread bets with this provider. | |
 | 1,200 | DMA | £1 | See Platform | 65% of retail investor accounts lose money when trading CFDs with this provider | |
 | 40+ | OTC | £1 | See Platform | 74% of retail investor accounts lose money when trading CFDs with this provider. | |
 | 6 | OTC | £1 | See Platform | 68% of retail investor accounts lose money when trading CFDs with this provider |
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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.
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