Forex options trading is extremely safe and gives traders a key to low risks and high profits. This way of working perfectly suits novice traders. All they need to start trading options are a computer, a certain amount of funds, and the best from FX options brokers. Our specialists screened hundreds of brokers and gathered in one list those only houses whom they are suggest picking to trade with. These trustworthy and reputable Forex options brokers allow their customers to trade put and call options with plenty of tools integrated into modern and powerful trading platforms.
Best Forex Options Brokers
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Variety of Trading Instruments
WebTrader Platform
Simple Registration
Pros
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Trading.com stands out for its competitive spreads, allowing traders to access markets at favorable pricing.
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The platform offers user-friendly trading platforms, notably the MetaTrader 5 terminal, facilitating a smooth trading experience.
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Traders can access a decent array of tradable instruments, including Forex, stocks, commodities, indices, metals, and energies.
Cons
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Trading.com’s trading platform options are limited, offering only the MetaTrader 5 (MT5) platform for traders.
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The platform’s educational resources are relatively limited, potentially leaving traders seeking more comprehensive learning materials.
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Trading.com is exclusively available to clients within the United Kingdom, limiting its accessibility to a global audience.
Withdraw fee
$0
Deposit fee
2.9
Max leverage
1:30
Min deposit
$5
Top Regulators
CFTC, NFA, FAC
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Variety of Trading Instruments
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WebTrader Platform
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Simple Registration
Pros
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Trading.com stands out for its competitive spreads, allowing traders to access markets at favorable pricing.
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The platform offers user-friendly trading platforms, notably the MetaTrader 5 terminal, facilitating a smooth trading experience.
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Traders can access a decent array of tradable instruments, including Forex, stocks, commodities, indices, metals, and energies.
Cons
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Trading.com’s trading platform options are limited, offering only the MetaTrader 5 (MT5) platform for traders.
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The platform’s educational resources are relatively limited, potentially leaving traders seeking more comprehensive learning materials.
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Trading.com is exclusively available to clients within the United Kingdom, limiting its accessibility to a global audience.
- Withdraw fee$0
- Deposit fee$0
- Max Leverage1:30
24/7 instant money withdrawal
Pros
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Unparalleled Market Access
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Competitive Pricing
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Advanced Trading Tools
Cons
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Steep Learning Curve
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Customer Service Could Be Better
Withdraw fee
N/A
Deposit fee
4.3
Max leverage
N/A
Min deposit
N/A
Top Regulators
FCA, CFTC, NFA, SEC
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24/7 instant money withdrawal
Pros
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Unparalleled Market Access
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Competitive Pricing
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Advanced Trading Tools
Cons
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Steep Learning Curve
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Customer Service Could Be Better
- Withdraw feeN/A
- Deposit feeN/A
- Max LeverageN/A
Variety of Trading Instruments
Advanced Trading Tools
Retirement Planning
Investment Research
Pros
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Wide Range of Assets: TD Ameritrade offers a wide range of financial products, including stocks, options, mutual funds, ETFs, bonds, futures, and forex, allowing investors to diversify their portfolios.
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User-Friendly Platforms: TD Ameritrade offers user-friendly platforms, such as thinkorswim and the TD Ameritrade website, which are easy to navigate and provide various tools for investors.
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Research and Education: TD Ameritrade provides investors with various research and education resources, including webinars, articles, and market analysis tools.
Cons
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High Fees: TD Ameritrade’s commission rates can be high compared to other online brokers, especially for options trading.
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Limited Availability: TD Ameritrade is only available in a few countries, which may limit its accessibility for some investors.
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Inactivity Fees: TD Ameritrade charges inactivity fees if an account has been inactive for a certain period, which can be frustrating for some investors.
Withdraw fee
$0
Deposit fee
1.8
Max leverage
1:4
Min deposit
$0
Top Regulators
FINRA, CFTC, NFA
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Available in
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Variety of Trading Instruments
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Advanced Trading Tools
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Retirement Planning
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Investment Research
Pros
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Wide Range of Assets: TD Ameritrade offers a wide range of financial products, including stocks, options, mutual funds, ETFs, bonds, futures, and forex, allowing investors to diversify their portfolios.
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User-Friendly Platforms: TD Ameritrade offers user-friendly platforms, such as thinkorswim and the TD Ameritrade website, which are easy to navigate and provide various tools for investors.
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Research and Education: TD Ameritrade provides investors with various research and education resources, including webinars, articles, and market analysis tools.
Cons
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High Fees: TD Ameritrade’s commission rates can be high compared to other online brokers, especially for options trading.
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Limited Availability: TD Ameritrade is only available in a few countries, which may limit its accessibility for some investors.
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Inactivity Fees: TD Ameritrade charges inactivity fees if an account has been inactive for a certain period, which can be frustrating for some investors.
- Withdraw fee$0
- Deposit fee$0
- Max Leverage1:4
Specialized trading accounts
PayPay for deposit
Pros
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High leverage options (up to 1:1000) for experienced traders.
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Multiple account types to suit different trading needs.
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User-friendly platforms, including mobile trading.
Cons
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Limited information on regulatory licensing and oversight.
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Located in St. Lucia, a jurisdiction that may raise regulatory concerns.
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Lack of detailed information on fees or additional charges.
Withdraw fee
$0
Deposit fee
4.6
Max leverage
1:1000
Min deposit
$10
Top Regulators
No
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Specialized trading accounts
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PayPay for deposit
Pros
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High leverage options (up to 1:1000) for experienced traders.
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Multiple account types to suit different trading needs.
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User-friendly platforms, including mobile trading.
Cons
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Limited information on regulatory licensing and oversight.
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Located in St. Lucia, a jurisdiction that may raise regulatory concerns.
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Lack of detailed information on fees or additional charges.
- Withdraw fee$0
- Deposit fee$0
- Max Leverage1:1000
Specialized trading accounts
Affiliate Program
Pros
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One of the main advantages of Mirrox is the variety of account types it offers. This allows traders to choose an account that fits their trading experience and style, from beginners to more advanced users.
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Mirrox provides a maximum leverage of up to 1:400, which can be appealing for those who want to maximize their trading opportunities. This high leverage enables traders to control larger positions with a smaller investment, though it’s important to remember that it also increases the risk.
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The broker ensures multiple ways to reach support, including live chat, email, and phone. This accessibility is bolstered by 24/7 availability, meaning traders can get help whenever they need it, regardless of their time zone.
Cons
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Mirrox does not currently offer a mobile trading app, which could be inconvenient for traders who prefer to manage their trades on the go.
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The platform lacks social or copy trading features, which are popular among traders who like to follow or mirror more experienced traders’ strategies.
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Mirrox operates with a single trading platform (WebTrader), which might not appeal to traders who prefer using other popular platforms like MetaTrader 4 or 5. The lack of platform choice can be limiting for those who are used to other trading software or want to try different interfaces.
Withdraw fee
3.5%
Deposit fee
3
Max leverage
1:400
Min deposit
$250
Top Regulators
No
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Available in
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Specialized trading accounts
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Affiliate Program
Pros
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One of the main advantages of Mirrox is the variety of account types it offers. This allows traders to choose an account that fits their trading experience and style, from beginners to more advanced users.
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Mirrox provides a maximum leverage of up to 1:400, which can be appealing for those who want to maximize their trading opportunities. This high leverage enables traders to control larger positions with a smaller investment, though it’s important to remember that it also increases the risk.
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The broker ensures multiple ways to reach support, including live chat, email, and phone. This accessibility is bolstered by 24/7 availability, meaning traders can get help whenever they need it, regardless of their time zone.
Cons
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Mirrox does not currently offer a mobile trading app, which could be inconvenient for traders who prefer to manage their trades on the go.
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The platform lacks social or copy trading features, which are popular among traders who like to follow or mirror more experienced traders’ strategies.
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Mirrox operates with a single trading platform (WebTrader), which might not appeal to traders who prefer using other popular platforms like MetaTrader 4 or 5. The lack of platform choice can be limiting for those who are used to other trading software or want to try different interfaces.
- Withdraw fee3.5%
- Deposit fee$0
- Max Leverage1:400
6
Specialized trading accounts
Tight Spreads
Low commissions
Pros
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Provides trading aids and resources such as risk depth, spread monitoring, and risk calculator.
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Offers low average spreads and competitive pricing for all account types.
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Provides plugins for third-party research and trading tools.
Cons
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Limited product offerings.
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No investor protection for traders outside the European Union.
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No weekend trading, extra bonuses or promos.
Withdraw fee
$0
Deposit fee
4.5
Max leverage
1:500
Min deposit
$200
Top Regulators
ASIC, CySEC
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Specialized trading accounts
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Tight Spreads
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Low commissions
Pros
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Provides trading aids and resources such as risk depth, spread monitoring, and risk calculator.
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Offers low average spreads and competitive pricing for all account types.
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Provides plugins for third-party research and trading tools.
Cons
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Limited product offerings.
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No investor protection for traders outside the European Union.
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No weekend trading, extra bonuses or promos.
- Withdraw fee$0
- Deposit fee$0
- Max Leverage1:500
Specialized trading accounts
Pros
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Wide Range of Trading Instruments
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High Leverage Options
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Low Minimum Deposit
Cons
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Not Regulated by Top-Tier Authorities
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Mixed User Reviews
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High Spreads on Some Account Types
Withdraw fee
N/A
Deposit fee
4.7
Max leverage
N/A
Min deposit
N/A
Top Regulators
No
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Specialized trading accounts
Pros
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Wide Range of Trading Instruments
-
High Leverage Options
-
Low Minimum Deposit
Cons
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Not Regulated by Top-Tier Authorities
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Mixed User Reviews
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High Spreads on Some Account Types
- Withdraw feeN/A
- Deposit feeN/A
- Max LeverageN/A
Best for Advanced Trader
Proprietary trading platform
Multiple regulations
Wide range of trading Instruments
Pros
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SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.
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Access over 60,000 instruments, including crypto derivatives, micro-futures, and forex options.
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SaxoTraderGo is equipped with all the necessary tools traders might need.
Cons
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SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.
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Access over 60,000 instruments, including crypto derivatives, micro-futures, and forex options.
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SaxoTraderGo is equipped with all the necessary tools traders might need.
Withdraw fee
No
Deposit fee
4
Max leverage
1:100
Min deposit
No
Top Regulators
ASIC, FCA, JFSA, CySEC, FINMA
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Not available in
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Best for Advanced Trader
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Proprietary trading platform
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Multiple regulations
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Wide range of trading Instruments
Pros
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SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.
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Access over 60,000 instruments, including crypto derivatives, micro-futures, and forex options.
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SaxoTraderGo is equipped with all the necessary tools traders might need.
Cons
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SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.
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Access over 60,000 instruments, including crypto derivatives, micro-futures, and forex options.
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SaxoTraderGo is equipped with all the necessary tools traders might need.
- Withdraw feeNo
- Deposit feeNo
- Max Leverage1:100
Specialized trading accounts
Free VPS hosting
Pros
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Multiple Trading Platforms: Fresh Forex offers traders the popular MetaTrader 4 and 5 platforms on desktop, web, and mobile devices.
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Wide Range of Assets: Traders have access to a variety of assets, including forex, commodities, indices, and cryptocurrencies.
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Competitive Spreads: Fresh Forex offers competitive spreads starting from as low as 0.1 pips for major forex pairs.
Cons
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Limited Customer Support: Fresh Forex only offers customer support from Monday till Friday 24/5, which may be inconvenient for traders who have questions on weekends.
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No US and Canada Clients: Fresh Forex does not accept clients from the United States, limiting its reach to traders from these regions.
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Commission on CFD Trades: Fresh Forex charges a commission on CFD trades, which can increase trading costs.
Withdraw fee
$0
Deposit fee
3.8
Max leverage
1:2000
Min deposit
$10
Top Regulators
No
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Specialized trading accounts
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Free VPS hosting
Pros
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Multiple Trading Platforms: Fresh Forex offers traders the popular MetaTrader 4 and 5 platforms on desktop, web, and mobile devices.
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Wide Range of Assets: Traders have access to a variety of assets, including forex, commodities, indices, and cryptocurrencies.
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Competitive Spreads: Fresh Forex offers competitive spreads starting from as low as 0.1 pips for major forex pairs.
Cons
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Limited Customer Support: Fresh Forex only offers customer support from Monday till Friday 24/5, which may be inconvenient for traders who have questions on weekends.
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No US and Canada Clients: Fresh Forex does not accept clients from the United States, limiting its reach to traders from these regions.
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Commission on CFD Trades: Fresh Forex charges a commission on CFD trades, which can increase trading costs.
- Withdraw fee$0
- Deposit fee$0
- Max Leverage1:2000
European broker
Pros
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Low fees
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Wide range of assets
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User-friendly platform
Cons
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DEGIRO does not accept U.S. clients
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Limited trading tools
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No credit/debit card deposit
Withdraw fee
$0
Deposit fee
2.5
Max leverage
1:30
Min deposit
€0.1
Top Regulators
BaFin
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trusted
Not available in
10
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European broker
Pros
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Low fees
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Wide range of assets
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User-friendly platform
Cons
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DEGIRO does not accept U.S. clients
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Limited trading tools
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No credit/debit card deposit
- Withdraw fee$0
- Deposit fee$0
- Max Leverage1:30