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.
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
IBKR
I’ve had a good experience with Interactive Insurance Brokers with the platform giving full access to many options for the US stocks
frequency and quality of improvement has taken IBKR further ahead of the pack
i noticed IBKR improving its Trading Platforn - IB Trader Work Station frequently and it keeps getting better and better.
Great and Valuable guidance
Research based guidances are provided without considering any own benefits
ibkr is all in on trading platform
with 3 platforms differs in experience level it is best for all trading activity
Investing is simple
There is no minimum investment and the costs of investment are very low, so my profits will be bigger
Best Broker Ever
I have been using IBKR for 7 years and will use it for the rest of my life. They helped achieved my financial independence which is priceless
Great Platform
Interactive Brokers is a great platform to invest in many markets worldwide. It is fast, works well and competitive in its fee structure
Solid and comprehensive service
Everything I wanted from a trading platform
Best Trading App
Very good trading app. Easy to learn and easy to trade. Has all it needs
Very Happy Customer
I’ve been using Interactive Brokers for my trading and investing, and I’m genuinely happy with their service. The platform is robust, reliable, and transparent, offering access to a wide range of markets and instruments that few other brokers can match.
I especially appreciate their competitive fees and tight spreads, which make a real difference for active traders. The research tools, charting options, and order execution speed are excellent, and I’ve always found the system stable even during volatile market sessions.
Their customer service has also been responsive and professional whenever I needed support. It’s clear that IBKR is focused on providing value to serious investors and traders.
Overall, I highly recommend Interactive Brokers for anyone looking for a professional-grade trading platform. They’ve earned my trust, and I look forward to continuing my journey with them.
Safe & Big
Very safe and biggets platform for investment in global ETF.
Accessibility
Low fees, variety of services
Best Rates.
Very good and reliable broker. Beside wide choice of instruments, they pay US Fed Current Rate% - 0.75 (service) straight to your account daily on your free money. That means 3% now and up to 5+% when the Fed rate was 5.75%. There in no other broker like this.
Value for money and time
Great app with all latest features and instruments
Great option for Dubai based expats
Interactive brokers is very reachable, moreover very cheap to execute the orders and reports are very detailed and simple to understand, you have access to several stock and etf much better than my former german banks or turkish bank. My second investment account at SAXO is way primitive to compare to IB
Amazing service
In my opinion, Interactive Brokers is the best online Brokerage available in UAE. I started with them 1 year ago. Lowest buy and sell fees back then but also the best marginal interest rates for both AED and US dollars. In addition if you need to exchange money to any other currency, you are achieving it on the best rate at the minute on the international market. Bravo !
USING FROM 2021
USING FROM 2021, Best research reprots available
Best commission scheme
IBKR has almost the lowest commission scheme for trades and has a friendly platform with no hidden fees
Excellent broker
Excellent service
Wide range of exchanges and trading products. Awesome Trading.
I have used Interactive Brokers for many years. Traders workstation on PC is complex but extremely powerful and informative (charting, company information, market prices, news, financial reports / ratios, analyst information). The iPad platform is very convenient for trading on the go. Bonus features beyond stock trading include trading options; Broker Interest on Cash Deposits; Automatic currency conversion on fx trades; and the Managed Securities - Stock Yield Enhancement Program. Other trading platforms which I have used have only have a fraction of the information and features.
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.