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Options brokers in Armenia for beginners

2 brokers have a $0 minimum, paper trading and options in a cash account for residents of Armenia. The same facts for each: fees, approvals, countries.

A first options account is easier when the broker asks for no minimum deposit and has a paper trading account to practise on. It also helps to sell covered calls or cash-secured puts in a cash account, where you trade without borrowing. Check what the first approval level allows before you apply. 2 brokers have all three for residents of Armenia.

At a glance: 2 brokers, 0 at $0 per contract, 1 with $0 exercise and assignment, 2 approving naked options, 2 working with QuantWheel; median fee $0.50 per contract, lowest margin rate at $50,000 5.38%.

BrokerQuantWheelExerciseApproval0DTEMarginOffers
Interactive BrokersSync-only$0.65 per contract$1 minimum; additional fees$0NakedYes5.38%
TradierComing$0.35 per contractPaid plans differ; other fees apply$9NakedYes9.75%
2 of 28 brokersIn the published order

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.
  • Interactive Brokers$0.65 per contract · $0 exercise and assignment · naked

    Interactive Brokers opens options accounts for residents of Armenia. It charges $0.65 per contract ($1 minimum; additional fees). 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.

  • Tradier$0.35 per contract · $9 per event · naked

    Tradier opens options accounts for residents of Armenia. It charges $0.35 per contract (Paid plans differ; other fees apply). Exercise and assignment cost $9 each. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; placing orders from QuantWheel is coming soon, so today you place them at the broker.

More by what you trade

Every page in this folder lists the brokers that qualify, with the same facts.

Related pages

The same page for other countries, then the facets traders pair with this one.

Questions people ask

Beginners

Interactive Brokers and Tradier, among the brokers that open accounts for residents of Armenia.

Brokers that work with QuantWheel sort first and carry the mark, because that is a fact about them, not a score. Sorting a column overrides this.

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