Best of
9 Best Options Trading Brokers and Platforms of November 2019
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on TD Ameritrade's website
on TD Ameritrade's website
Fees
$0
per trade
Account Minimum
$0
Promotion
Up to $600
cash credit with qualifying deposit
Pros
- Commission-free stock, ETF and options trades.
- Free research.
- High-quality trading platforms.
- No account minimum.
- Good customer support.
- Large investment selection.
Cons
- Costly broker-assisted trades.
- High short-term ETF trading fee.
on E-Trade's website
on E-Trade's website
Fees
$0
per trade
Account Minimum
$0
Promotion
$100 to $2,500
cash credit with a qualifying deposit
Pros
- Easy-to-use tools.
- Large investment selection.
- Excellent customer support.
- Access to extensive research.
- Advanced mobile app.
- Commission-free stock, options and ETF trades.
Cons
- Website can be difficult to navigate.
on TradeStation's website
on TradeStation's website
Fees
$0
per trade
Account Minimum
$500
Promotion
Up to $2,500
cash credit with a qualifying deposit
Pros
- High-quality trading platforms.
- Comprehensive research.
- Low commissions.
- Advanced tools.
- Active trader community.
Cons
- No commission-free ETFs.
- Minimum balance requirement for active trading platform.
on Zacks Trade's website
on Zacks Trade's website
Fees
$0.01
per share
Account Minimum
$2,500
Promotion
$1
minimum trade cost
Pros
- Ample research offerings.
- Robust trading platform.
- Access to international exchanges.
Cons
- Trails Interactive Brokers on commissions.
on Interactive Brokers's website
on Interactive Brokers's website
Fees
$0
per trade
Account Minimum
$0
Promotion
None
No promotion available at this time
Pros
- Free trades.
- Wide investment selection.
- Advanced tools on Pro tier.
Cons
- Complex pricing on some investments.
- Inactivity fees on Pro tier.
Want to compare more options? Here are our other top picks:
Summary of Best Options Trading Brokers and Platforms of November 2019
| Broker | Commissions | Promotion | Account Minimum | Learn More |
|---|---|---|---|---|
TD Ameritrade on TD Ameritrade's website | $0 per trade | Up to $600 cash credit with qualifying deposit | $0 | on TD Ameritrade's website |
E-Trade on E-Trade's website | $0 per trade | $100 to $2,500 cash credit with a qualifying deposit | $0 | on E-Trade's website |
TradeStation on TradeStation's website | $0 per trade | Up to $2,500 cash credit with a qualifying deposit | $500 | on TradeStation's website |
Zacks Trade on Zacks Trade's website | $0.01 per share | $1 minimum trade cost | $2,500 | on Zacks Trade's website |
Interactive Brokers on Interactive Brokers's website | $0 per trade | None No promotion available at this time | $0 | on Interactive Brokers's website |
 Schwab Brokerage | $0 per trade | None No promotion at this time | $0 | Read review |
 Robinhood | $0 per trade | None no promotion available at this time | $0 | Read review |
 eOption | $0 | None no promotion available at this time | $500 | Read review |
 Ally Invest | $0 per trade | $50 - $3,500 in cash bonus with qualifying deposit. | $0 | Read review |
| Broker | Commissions | Promotion | Account Minimum | Learn More |
|---|---|---|---|---|
TD Ameritrade on TD Ameritrade's website | $0 per trade | Up to $600 cash credit with qualifying deposit | $0 | on TD Ameritrade's website |
E-Trade on E-Trade's website | $0 per trade | $100 to $2,500 cash credit with a qualifying deposit | $0 | on E-Trade's website |
TradeStation on TradeStation's website | $0 per trade | Up to $2,500 cash credit with a qualifying deposit | $500 | on TradeStation's website |
Zacks Trade on Zacks Trade's website | $0.01 per share | $1 minimum trade cost | $2,500 | on Zacks Trade's website |
Interactive Brokers on Interactive Brokers's website | $0 per trade | None No promotion available at this time | $0 | on Interactive Brokers's website |
Schwab Brokerage | $0 per trade | None No promotion at this time | $0 | Read review |
Robinhood | $0 per trade | None no promotion available at this time | $0 | Read review |
eOption | $0 | None no promotion available at this time | $500 | Read review |
Ally Invest | $0 per trade | $50 - $3,500 in cash bonus with qualifying deposit. | $0 | Read review |
Last updated on November 5, 2019
Methodology
To recap our selections...
