Brokers with
Options brokers in Australia with cost basis tracking
2 brokers have options cost basis reports for residents of Australia. The same facts for each: fees, approvals, countries.
Cost basis is what a position cost you, and your gain or loss is worked out from it. Options make the record harder to follow, because an assignment turns an option into shares. Check whether the broker adjusts the cost basis of assigned shares for the option premium, and whether the screen matches the tax forms it sends you. 2 brokers have options cost basis reports for residents of Australia.
At a glance: 2 brokers, 0 at $0 per contract, 1 with $0 exercise and assignment, 2 approving naked options, 1 working with QuantWheel; median fee $0.38 per contract, lowest margin rate at $50,000 8.20%.
| Broker | QuantWheel | Exercise | Approval | 0DTE | Margin | Offers | |
|---|---|---|---|---|---|---|---|
 Schwab | Sync-only | $0.65 per contractAdditional fees may apply | $0 | Naked | Yes | 10.63% | |
 eOption | $0.10 + $1.99 per tradeBase fee and other charges apply | $9 | Naked | Not published | 8.20% |
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.Schwab$0.65 per contract · $0 exercise and assignment · naked
Schwab opens options accounts for residents of Australia. 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 cost basis and tax formsForm 1099-B shows cost basis for options in taxable accounts, the Realized Gain/Loss page on Schwab.com shows results, and Schwab tracks and reports wash sales on the same CUSIP within the same account.
eOption$0.10 + $1.99 per trade · $9 per event · naked
eOption opens options accounts for residents of Australia. It charges $0.10 + $1.99 per trade (Base fee and other charges apply). Exercise and assignment cost $9 each. It approves up to naked short options. It trades on Web, Mobile. It is not connected to QuantWheel.
Options cost basis and tax formsClearing firm Hilltop issues a 1099 Composite (mailed February 15, 2026 for tax year 2025) with Form 1099-B covering option sales, cost basis for covered options (covered since 2014), Section 1256 reporting for non-equity index options and wash sale loss adjustments. The platform adds P&L performance reporting by tax lot, and the forms are TurboTax and H&R Block compatible.
More by what you need
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
Cost basis tracking