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FEATURED BROKERS
     
Featured Provider Commission Frequent trader discounts Quotes Advice offered? More information
Online
Phone
Realtime/live/dynamic

Company website
CommSec
0.35%
Min $34.95 per trade
0.54%
Min $54.60 per trade
No
Dynamic
Yes
(subject to having an advisory account)

More info
Apply now

$2.80 per contract
Min $27.95 per trade
+ ACH fees
Same as online
Yes
Real-time
No

More info
Apply now

Tips for comparing options brokers

Options traders have a lot to think about. Commission charges via internet and phone are important, but also the availability of frequent trader discounts (if any), the timeliness and cost of data and news feeds, the type of trading platform used and its monthly cost (if any), and lastly if advice is offered.

You also need to take into consideration how much experience your broker has with options trading - do they specialise in trading options, or is it merely something they have tacked on to their offering? Have a look through our comparison tables, but remember, as with most things in life you get what you pay for, so try to look beyond price. Figure out what you really need - do you need real-time or dynamic quotes? Do you want advice? Can you get frequent trader discounts? And don't forget to click through to the broker's website to get more details, attend a seminar or apply for an account.


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