59.7% of retail investor accounts lose money when trading CFDs with this provider
- Experts rate Interactive Brokers Options Trading highly, awarding it a total rating of 4.9/5. They commend its extensive market access, low fees, and advanced platform features that cater to both beginners and professional traders. However, they note the platform's complexity and the requirement for trading permissions as potential drawbacks.
- Across 1375 user reviews on Good Money Guide, averaging 4.6/5, customers frequently highlight the platform's low costs, broad global market access, and advanced trading tools. Many users appreciate the user-friendly interface and efficient execution of trades, while some express concerns about the complexity of the platform and slower customer support responses.
Interactive Brokers Options Trading Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Interactive Brokers Options Trading across five key areas of our review framework.
- Pricing5.0
- Market Access5.0
- App & Platform5.0
- Customer Service4.5
- Research & Analysis5.0
Pros
- Simple to use for beginners
- Global market access
- Expert tools for professionals
Cons
- Complex product
- Need to request trading permissions
- High minimum deposit
See full expert review
Our verdict
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.
59.7% of retail investor accounts lose money when trading CFDs with this provider
Is Interactive Brokers good for options trading?
Interactive Brokers won "best options broker" in our 2025 and 2023 awards. They offer a huge range of markets to trade options on, low fees and platform features that enable you to easily create options strategies.
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.
Customer reviews for Interactive Brokers
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 1,375 reviews
- Excellent74%
- Very good14%
- Basic7%
- Poor2%
- Bad2%
Read customer reviews
Best Broker
I love your reliability and orderliness, and I have confidence in your safety.
Felix Schomacher, Germany
Best there is
Been using it for over 4 years now. Honest, no hidden fees and super functional!
Amazing platform!
I’ve been using IB for few years already, and couldn’t recommend it more. Comprehensive, fast, safe, and easy to use.
Most comprehensive and competitive investment platform
IBKR has the best platform for investing in stocks, etfs and OTC products. The fees are the best in the industry by far and the platform easy to set up and fund
Fantastic
The platform is seemless. They have the best rates. Everything just works perfectly.
Secure and reliable
In my opinion, the most secure and reliable platform for investing and trading.
Superb
Superb
Global Reach, Local Edge
Depositing in UAE dirhams—no hidden fees, no conversion loss. Trading feels local, even when I go global.
Even AED to USD conversion for trading beats local UAE exchanges.
Absolutely Love the platform
IBKR consistently gives me pro-level tools with low costs. Order execution is fast and reliable, and smart routing has improved my fills during volatile sessions. I can trade global markets from one account, convert FX at tight spreads and use advanced order types (like VWAP and iceberg) without paying “premium” platform fees.
I also like having a choice of interfaces, IBKR Desktop/TWS for depth and global trader/mobile for quick moves. risk tools, margin transparency and detailed statements make portfolio management straightforward.
Very good API
Amazing service, responsive staff and good tech
Simplicity
Simple to use and to navigate throughout the platform
Best is IBKR
Very quick & smooth transactions IBKR
All in Platform
You could invest wherever and wherever you want with a very competitive fees
Most professional investing and trading platform
Most reliable platform with lowest cost, widest range of products and world class service.
Trustworthy platform, reliable and efficient.
After more than 5 years working with IB, I am really comfortable with the quality level services provided.
Largest range of assets to trade.
IB is by far the best platform for tradign all your asets in 1 place, from forex, futures, stocks, option and crypto . No funny tricks and low fees.
Excellent Investing Provider - details and trust you need
Excellent Investing Provider - details and trust you need
Great UX
Interactive Brokers (IBKR) delivers an excellent trading experience with a great user interface that’s both intuitive and powerful. Everything you need is right there — from advanced charting to order types — and the platform offers a huge variety of tools and preferences so you can truly customize your workflow.
When it comes to market access, IBKR is outstanding. There are plenty of stocks available, and I’ve never run into a case where a ticker I wanted wasn’t there. The breadth of choice makes it ideal for both casual investors and active traders.
Another strong point is transparency. Fees are clearly visible and straightforward, with nothing hidden in fine print. You always know exactly what you’re paying for, which builds a lot of trust compared to other brokers.
Overall, IBKR is a robust, reliable, and flexible platform that caters to traders of all levels. It combines usability, depth, and transparency in a way that makes it a top choice for anyone serious about investing.
Game changing trading platform
So much functionality, cheapest trades and margin loans
Most comprehensive investment platform
Super easy to use and incredibly comprehensive for managing trades, investments and your overall portfolio in one easy to use app.
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 The Sunday Times, 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.