Interactive Brokers Options Trading Customer Reviews & Expert Rating

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.