Best Option Brokers

tastytrade-review
tastytrade
Options score:
4.8 / 5
interactive-brokers-review
Interactive
Options score:
4.6 / 5
tradezero-review
TradeZero
Options score:
4.2 / 5
saxo-bank-review
Saxo
Options score:
4.2 / 5
alpaca-trading-review
Alpaca Trading
Options score:
4.0 / 5
mexem-review
MEXEM
Options score:
3.7 / 5
tradestation-review
TradeStation
Options score:
3.6 / 5
swissquote-review
Swissquote
Options score:
3.6 / 5
firstrade-review
Firstrade
Options score:
3.5 / 5
lynx-review
LYNX
Options score:
3.5 / 5

Summary of the Top 10 Options Trades in 2025

The year 2025 was marked by significant dynamism and volatility in the options trading market, and with the increasing participation of retail investors, advancements in technology, and fluctuations in the global economy, certain symbols and trading strategies emerged as particularly prominent. This summary reviews the ten most traded and influential options transactions in 2025, encompassing various assets from technology company stocks to commodities and major market indices. This list provides valuable insights into the trends, trader behavior, and popular strategies that shaped the options market in 2025.

What is option Trading?

Options trading is investing that gives you the right, but not the obligation, to buy or sell an asset (like a stock) at a specific price before a certain date.

Here’s a simple breakdown:

  • Key Concepts of Options Trading:

Option Contract: A financial contract between two parties.

Call Option: Gives you the right to buy an asset at a specific price (called the strike price) before the option expires.

Put Option: Gives you the right to sell an asset at the strike price before expiration.

Premium: The price you pay to buy the option. This is non-refundable.

Expiration Date: The last day the option can be exercised.

  • Example:

Suppose a stock is trading at $100. You buy a call option with a strike price of $105, expiring in a month. If the stock goes up to $120, you can still buy it at $105 — a profit opportunity. If it stays below $105, the option expires worthless, and you only lose the premium you paid.

Why Trade Options?

  • Leverage: Control larger amounts of stock with less money.
  • Hedging: Protect your investments from potential losses.
  • Flexibility: Create different strategies for bullish, bearish, or neutral markets.

Why are these the top brokers for options trading?

We thoroughly evaluated each broker based on critical factors essential to options traders, such as trading fees, the breadth of supported options exchanges, platform quality, and the availability of research tools. The table below clearly illustrates how these brokers excel in these areas, demonstrating why they are the clear leaders in our rankings.

1. tastytrade

This is an excellent resource for options and futures traders dedicated to navigating.

tastytrade-review

tastytrade

FX score: 4.8 / 5
tastytrade Snapshot
Options fee class Low Options exchanges 8
Time to open account 1 day US/UK stock index options $5/-
Deposit fee $0 Withdrawal fee $0
Account fee No Year of foundation 2011
Top-tier regulators SEC and FINRA in the US and member of the NFA. ASIC in Australia.
tastytrade Overview
Minimum deposit $0
Deposit methods Bank transfer
Withdrawal methods Bank transfer
Trading platform score 4.0
Available options markets 8
Read review For a comprehensive analysis of tastytrade services, check out our review for 2025.

2. Interactive Brokers

This option is perfect for traders who desire comprehensive market access and a high-caliber trading environment that fosters success.

interactive-brokers-review

Interactive Brokers

FX score: 4.6 / 5
Interactive Brokers Snapshot
Options fee class Low Options exchanges 34
Time to open account 1-3 day US/UK stock index options $6.5 / $21.4
Deposit fee $0 Withdrawal fee $0
Account fee No Year of foundation 1977
Top-tier regulators FCA in the UK, SEC in the US, ASIC in Australia, CIRO in Canada, CBI in Ireland, SFC in Hong Kong and MAS in Singapore
Interactive Brokers Overview
Minimum deposit $0
Deposit methods Bank transfer
Withdrawal methods Bank transfer
Trading platform score 4.5
Available options markets 34
Read review For a comprehensive analysis of Interactive Brokers services, check out our review for 2025.

3. TradeZero

Recommended for investors and traders who want to trade without commissions, focusing on US stocks and options.

tradezero-review

TradeZero

FX score: 4.2 / 5
TradeZero Snapshot
Options fee class Low Options exchanges 10
Time to open account 1 day US/UK stock index options $5.9 / -
Deposit fee $15 Withdrawal fee $15
Account fee No Year of foundation 2015
Top-tier regulators SEC and FINRA in the US, CIRO in Canada
TradeZero Overview
Minimum deposit $250
Deposit methods Bank transfer
Withdrawal methods Bank transfer
Trading platform score 4.4
Available options markets 10
Read review For a comprehensive analysis of TradeZero services, check out our review for 2025.

4. Saxo

This platform is highly recommended for both investors and traders who are seeking an excellent trading experience along with comprehensive research resources.

saxo-bank-review
FX score: 4.2 / 5
Saxo Snapshot
Options fee class High Options exchanges 20
Time to open account 1 day US/UK stock index options $20 / $37.8
Deposit fee $0 Withdrawal fee $0
Account fee No Year of foundation 1992
Top-tier regulators FSA in Denmark, FCA in the UK, FINMA in Switzerland and ASIC in Australia
Saxo Overview
Minimum deposit $0
Deposit methods Bank transfer , Credit/debit cards
Withdrawal methods Bank transfer
Trading platform score 5.0
Available options markets 20
Read review For a comprehensive analysis of Saxo services, check out our review for 2025.

5. Alpaca Trading

This material is recommended for traders who are interested in algorithmic stock trading.

alpaca-trading-review

Alpaca Trading

FX score: 4.0 / 5
Alpaca Trading Snapshot
Options fee class Low Options exchanges 5
Time to open account 1 day US/UK stock index options - / -
Deposit fee $0 Withdrawal fee $0
Account fee No Year of foundation 2015
Top-tier regulators SEC and FINRA in the US
Alpaca Trading Overview
Minimum deposit $0
Deposit methods Bank transfer, Airwallex, Checkout, Currency Cloud, I2C, Nium, Sila Money, Wise
Withdrawal methods Bank transfer, Airwallex, Checkout, Currency Cloud, I2C, Nium, Sila Money, Wise
Trading platform score 1.8
Available options markets 5
Read review For a comprehensive analysis of Alpaca Trading services, check out our review for 2025.

6. MEXEM

Perfect for investors who want to maximize their returns with minimal fees while accessing powerful and advanced trading tools.

mexem-review
FX score: 3.7 / 5
MEXEM Snapshot
Options fee class High Options exchanges 34
Time to open account 1 day US/UK stock index options $20 / $31.5
Deposit fee $0 Withdrawal fee $0
Account fee No Year of foundation 2018
Top-tier regulators CySec in Cyprus, registered at AFM in the Netherlands and FSMA in Belgium
MEXEM Overview
Minimum deposit $0
Deposit methods Bank transfer
Withdrawal methods Bank transfer
Trading platform score 4.1
Available options markets 34
Read review For a comprehensive analysis of MEXEM services, check out our review for 2025.

7. TradeStation

This approach is ideal for traders dedicated to the US markets and seeking to maximize their returns through a disciplined buy-and-hold investment strategy.uy-and-hold investment strategy.

tradestation-review

TradeStation

FX score: 3.6 / 5
TradeStation Snapshot
Options fee class Average Options exchanges 10
Time to open account 1 day US/UK stock index options $11 / -
Deposit fee $0 Withdrawal fee $0
Account fee No Year of foundation 1982
Top-tier regulators SEC and FINRA in the US
TradeStation Overview
Minimum deposit $0
Deposit methods Bank transfer
Withdrawal methods Bank transfer
Trading platform score 4.1
Available options markets 10
Read review For a comprehensive analysis of TradeStation services, check out our review for 2025.

8. Swissquote

This investment option suits wealthy investors who prioritize safety and are comfortable paying higher fees.

swissquote-review

Swissquote

FX score: 3.6 / 5
Swissquote Snapshot
Options fee class High Options exchanges 6
Time to open account 1 day US/UK stock index options $19.9 / -
Deposit fee $0 Withdrawal fee $10
Account fee No Year of foundation 1996
Top-tier regulators FINMA in Switzerland and FCA in the UK
Swissquote Overview
Minimum deposit $0
Deposit methods Bank transfer, Credit/debit cards
Withdrawal methods Bank transfer
Trading platform score 4.3
Available options markets 6
Read review For a comprehensive analysis of Swissquote services, check out our review for 2025.

9. Firstrade

This platform is recommended for beginners and investors seeking zero-commission trading, focusing on the U.S. market.

firstrade-review

Firstrade

FX score: 3.5 / 5
Firstrade Snapshot
Options fee class Low Options exchanges 5
Time to open account 1-3 day US/UK stock index options $0 / -
Deposit fee $0 Withdrawal fee $0
Account fee No Year of foundation 1985
Top-tier regulators SEC and FINRA in the US.
Firstrade Overview
Minimum deposit $0
Deposit methods Bank transfer
Withdrawal methods Bank transfer
Trading platform score 4.5
Available options markets 5
Read review For a comprehensive analysis of Firstrade services, check out our review for 2025.

10. LYNX

Ideal for European traders seeking low fees for stocks and ETFs, along with a solid mobile trading platform.

lynx-review
FX score: 3.5 / 5
LYNX Snapshot
Options fee class High Options exchanges 34
Time to open account >3 day US/UK stock index options $24 / $41.1
Deposit fee $0 Withdrawal fee $0
Account fee No Year of foundation 2006
Top-tier regulators AFM in the Netherlands
LYNX Overview
Minimum deposit $0
Deposit methods Bank transfer
Withdrawal methods Bank transfer
Trading platform score 3.3
Available options markets 34
Read review For a comprehensive analysis of LYNX services, check out our review for 2025.

How Did BrokerInfinity Select the Best Brokers for Options Trading?

*We evaluated brokers based on the following criteria:

1. Ensured that the broker offers fair options fees.

2. Assessed the quality of the desktop trading platform and its research capabilities.

3. Compared withdrawal fees and the variety of options available.

4. Opened an account and tested the platform’s features, charting capabilities, and usability with real money.

What Methodology Does BrokerInfinity Use to Review Brokers?

BrokerInfinity uses a comprehensive in-house methodology to evaluate brokers, focusing on nine key areas: fees, safety, account opening, trading platforms, and education. Our expert team examines over 600 data points for each broker, and we update our review process annually based on expert insights and user feedback. So far, we have reviewed more than 100 brokers and collected over 60,000 data points.

FAQ

Which is the cheapest options trading brokerage? +
There is no definitive "cheapest" broker for trading options, as many factors influence the final price. Tastytrade and Interactive Brokers offer competitive trading and non-trading fees, but you might find a local broker with lower charges.
Can you get rich trading options? +
Trading options can yield substantial returns on investment if the trade is booming. This usually occurs when the underlying asset's price moves significantly beyond the strike price. As a result, options buyers often have greater profit potential. However, like any investment, options trading carries risks and does not guarantee financial success.
What makes a good options trading platform? +
When evaluating the best options trading platforms in 2025, we assessed brokers based on over 600 criteria. To keep it simple, here are the four most important factors we considered.