Brokers for
Options brokers for a solo 401(k)
2 brokers allow options in a solo 401(k) for residents of the United States. The same facts for each: fees, approvals, countries.
A solo 401(k) is a 401(k) for a self-employed person, and brokers also call it an individual or self-employed 401(k). Check whether the broker offers one and which approval levels it allows inside it. 2 brokers allow options in a solo 401(k) for residents of the United States.
At a glance: 2 brokers, 0 at $0 per contract, 2 with $0 exercise and assignment, 2 approving naked options, 2 working with QuantWheel; median fee $0.65 per contract, lowest margin rate at $50,000 10.63%.
| Broker | QuantWheel | Exercise | Approval | 0DTE | Margin | Offers | |
|---|---|---|---|---|---|---|---|
 E*Trade | Trade & Sync | $0.65 per contract$0.50 at 30+ trades per quarter | $0 | Naked | Yes | 11.70% | |
 Schwab | Sync-only | $0.65 per contractAdditional fees may apply | $0 | Naked | Yes | 10.63% |
The brokers one by one
What qualifies each for this page, from its fee schedule and options agreement, and the one fact that sets it apart.E*Trade$0.65 per contract · $0 exercise and assignment · naked
E*Trade opens options accounts for residents of the United States. It charges $0.65 per contract ($0.50 at 30+ trades per quarter). Exercise and assignment cost $0. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; with Trade & Sync the orders you approve go to the broker from QuantWheel.
Options in a solo 401(k)E*TRADE offers the Individual 401(k) (traditional and Roth), and its Qualified Retirement Plan Service Agreement lets the custodian exercise, buy or sell covered listed options on the plan's instructions. Which option levels are approved is not published.
Schwab$0.65 per contract · $0 exercise and assignment · naked
Schwab opens options accounts for residents of the United States. It charges $0.65 per contract (Additional fees may apply). Exercise and assignment cost $0. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; you place the orders at the broker.
Options in a solo 401(k)Schwab offers the Individual 401(k), and with Schwab's approval covered options can be traded in its cash account. Other strategies are not published.
Compare two of them
The pair pages among these brokers, with a verdict.More by what you trade
Every page in this folder lists the brokers that qualify, with the same facts.Questions people ask
Solo 401(k)