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
Investing made easy
Simple set up, transparent and informative dashboard
IBKR is Great
IBKR provides state of art platform for trading and investing which works seamlessly well!
The best trading platform
I have been using Interactive Trader for 3 years and I am very pleased and satisfied with this comprehensive platform.
Best Stock Trading Partner
It’s complex but it gives options to start your portfolio trading from learner’s stage to qualified stage
Trusted broker
Offers Irish domiciled ETFs unlike other platforms. Trustworthy.
Continually expanding in UAE and now offers AED funding.
Best investing platform
Interactive Brokers is the best for my monthly investments.
Good broker
easy money transfer
Fun to work with
The app of the company covers all areas of investing. Good thing is also the automatic leverage. This is when buying quality stocks
IBKR
The most customer-friendly platform in the space
Best platform
I have used IBKR for nearly 5 years and love it. Has more tools then I am likey to use, but has always been easy to navigate.
Best
Simply best so far
Flexible Investing App
IBKR provide excellent platform to trade US stock for foreigner outside of US. IBKR allow me to leaverage the low trading cost which lead to higher ROI!
Fast and fair price
Good pricing and fast execution
No need for anything else
Excellent investment platform and tools. Just makes everything so easy!
Best Overall Trading and Investment Platform
Reliable. Stable. Secure.
5
Rage of service is excellent
Seamless platform
Best platform I’ve worked on - easy to navigate and trade on the spot. With money transfers very timely. Customer support superior.
The best trading platform
It is the platform that i rely on in investing options and long term assets
Very strong and complete platform
I use Interactive Brokers because I know I actually own the assets I'm buying. The fees are much lower than a traditional bank. Used by millions of people around the world, for me, IB is clearly the safest broker to invest with.
Good services
IBKR very stable platform, good services, designed for professionals (so new investors may need to find it little difficult in the beginning), charges could be lowered
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.
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