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.
Withdrawal fee
$0
Deposit fee
3.8
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.
- Withdrawal 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
Withdrawal fee
N/A
Deposit fee
3.7
Max leverage
N/A
Min deposit
N/A
Top Regulators
FCA, CFTC, NFA, SEC
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Available in
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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
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
3
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.
Withdrawal fee
$0
Deposit fee
4.6
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.
- Withdrawal 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
Withdrawal fee
N/A
Deposit fee
4.4
Max leverage
N/A
Min deposit
N/A
Top Regulators
No
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Not available in
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Specialized trading accounts
Pros
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Wide Range of Trading Instruments
-
High Leverage Options
-
Low Minimum Deposit
Cons
-
Not Regulated by Top-Tier Authorities
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Mixed User Reviews
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High Spreads on Some Account Types
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
Specialized trading accounts
Pros
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Offers risk management tools
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Provides a wide range of unique trading instruments
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Provides a user-friendly platform
Cons
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Limited customer support
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Limited clientele’s access to research and educational resources
Withdrawal fee
N/A
Deposit fee
4.4
Max leverage
N/A
Min deposit
N/A
Top Regulators
ASIC, FSC, CYSEC, SIBA
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Not available in
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Specialized trading accounts
Pros
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Offers risk management tools
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Provides a wide range of unique trading instruments
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Provides a user-friendly platform
Cons
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Limited customer support
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Limited clientele’s access to research and educational resources
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
No minimum deposit
No inactivity fee
Financial Times Subscription
WebTrader Platform
Trading Education
Pros
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No minimum deposit
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No inactivity fees
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15000 tradable instruments
Cons
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No MetaTrader Support
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Limited availability
Withdrawal fee
$0
Deposit fee
4.3
Max leverage
1:30
Min deposit
$0
Top Regulators
FCA
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Not available in
6
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No minimum deposit
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No inactivity fee
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Financial Times Subscription
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WebTrader Platform
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Trading Education
Pros
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No minimum deposit
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No inactivity fees
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15000 tradable instruments
Cons
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No MetaTrader Support
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Limited availability
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:30
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.
Withdrawal fee
No
Deposit fee
4.3
Max leverage
1:100
Min deposit
No
Top Regulators
ASIC, FCA, JFSA, CySEC, FINMA
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Not available in
7
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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.
- Withdrawal feeNo
- Deposit feeNo
- Max Leverage1:100
Affiliate program
Cashback Rewards
Trading Signals
Pros
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Exnova provides an intermediate level of educational materials and market insights, making it an excellent choice for traders looking to enhance their knowledge and skills.
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The broker provides negative balance protection, ensuring traders do not lose more than their initial Deposit, enhancing risk management.
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Although relatively young, Exnova has received recognition in the form of multiple industry awards, further affirming its reputation and commitment to excellence.
Cons
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The inability of Exnova to provide basic information about itself on its website is seen as a critical flaw. Users have to register an account before being able to access crucial information.
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Exnova lacks regulatory license from any reputable financial organization. This means the broker is not held to industry standard.
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The broker currently lacks the copy trading feature. This prevents traders from enjoying following and replicating the strategies of experienced traders.
Withdrawal fee
N/A
Deposit fee
4.3
Max leverage
1:500
Min deposit
$10
Top Regulators
No
Add to compare list
Not available in
8
Expand
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Affiliate program
-
Cashback Rewards
-
Trading Signals
Pros
-
Exnova provides an intermediate level of educational materials and market insights, making it an excellent choice for traders looking to enhance their knowledge and skills.
-
The broker provides negative balance protection, ensuring traders do not lose more than their initial Deposit, enhancing risk management.
-
Although relatively young, Exnova has received recognition in the form of multiple industry awards, further affirming its reputation and commitment to excellence.
Cons
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The inability of Exnova to provide basic information about itself on its website is seen as a critical flaw. Users have to register an account before being able to access crucial information.
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Exnova lacks regulatory license from any reputable financial organization. This means the broker is not held to industry standard.
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The broker currently lacks the copy trading feature. This prevents traders from enjoying following and replicating the strategies of experienced traders.
- Withdrawal feeN/A
- Deposit feeN/A
- Max Leverage1:500
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
Withdrawal fee
$0
Deposit fee
3.5
Max leverage
1:30
Min deposit
€0.1
Top Regulators
BaFin
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trusted
Not available in
9
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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
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:30
24/7 instant money withdrawal
Pros
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Established Reputation in Russian Markets
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Diverse Platform Options
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Access to Multiple International Exchanges
Cons
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Limited International Regulatory Oversight
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Mixed Customer Service Experiences
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Reported Withdrawal Issues
Withdrawal fee
N/A
Deposit fee
3.7
Max leverage
N/A
Min deposit
N/A
Top Regulators
No
Add to compare list
Not available in
10
Expand
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24/7 instant money withdrawal
Pros
-
Established Reputation in Russian Markets
-
Diverse Platform Options
-
Access to Multiple International Exchanges
Cons
-
Limited International Regulatory Oversight
-
Mixed Customer Service Experiences
-
Reported Withdrawal Issues
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A