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
Interactive Brokers: A Gateway for Brazilian Investors to Global Markets
As a Brazilian individual investor, I found in Interactive Brokers a complete platform that truly enables global investing without restrictions. It provides access to major stock exchanges worldwide, as well as bonds and currencies, all within a single account. What I particularly appreciate is that the platform adapts well to both beginner and advanced investors, offering powerful tools without losing accessibility. In addition, it is constantly evolving with new features, and the website is being updated to support Brazilian Portuguese, making the experience even more user-friendly.
excellent
excellent
Long Term Investing
Excellent platform with competitive pricing
The best broker
Interactive Brokers has brought digital technology to all investors with only low transactional fees. Plus sophisticated platforms and training.
Easy to use
I love IBK because is easy to use and the charges are reasonable
The best if you want invest money worldwide
Excellent commissions and investment opportunities in all global instruments and stocks. Comprehensive and easy to use.
Fast execution, broad access, plenty of apps and platforms
I have been using Interactive Brokers for several years now, moving from more traditional brokers. I find IBKR to be very effective, with many sophisticated trading functionalities (esp. order types), fast execution of orders, access to all markets I am interested in and with a broad (maybe **too** broad) set of apps and platforms for all levels of proficiency. As a moderately sophisticated retail investor, I can't ask for anything more.
IBKR is a leader
IBKR offers the best compromise among platform quality, diversity of market access and pricing.
Excellent Broker
IBKR has the best value for money. Great selection of investments, cheap commissions, safe and tech advanced solutions. Great overall.
Bonne plateforme de trading
bonne plateforme web de trading
Great
Good condition
Everything smooth and easy
Fantastic investment platform. Helpdesk very responsive and real persons working there.
One stop shopping
Low cost and convenient
Excellent execution of trades. Wide selection of instruments.
Excellent execution of trades. Wide selection of instruments.
CFO
Great investment brokerage app, very clear, a lot of choices and very low fees. Please continue...
Best trading platform
Best trading platform
Best investment broker
Interactive Brokers offers compelling advantages as an investment broker, including competitive fee structures and margin rates.
IBKR is just great
Low Fees and cool UI
Great value and service
Phantastic broker for trading and investing, great value and service
Top Broker
Best broker I have used
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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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