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Options brokers in Australia for non-US residents

3 brokers open accounts for residents outside the United States, including residents of Australia. The same facts for each: fees, approvals, countries.

These brokers open options accounts for people who live outside the United States. The country you live in sets which brokers accept you, and some brokers also check citizenship or visa status. Check the account currency and whether the broker gives non-US clients the same approval levels. 3 brokers open accounts for residents outside the United States among those serving Australia.

At a glance: 3 brokers, 1 at $0 per contract, 2 with $0 exercise and assignment, 3 approving naked options, 2 working with QuantWheel; median fee $0.10 per contract, lowest margin rate at $50,000 8.20%.

BrokerQuantWheelExerciseApproval0DTEMarginOffers
TradeStationTrade & Sync$0 via QuantWheelIndex options add $0.75 per contract$0NakedYesNegotiable
SchwabSync-only$0.65 per contractAdditional fees may apply$0NakedYes10.63%
eOption$0.10 + $1.99 per tradeBase fee and other charges apply$9NakedNot published8.20%
3 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.

  • TradeStation$0 via QuantWheel · $0 exercise and assignment · naked

    TradeStation opens accounts for residents outside the United States. It charges $0 via QuantWheel (Index options add $0.75 per contract). 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.

  • Schwab$0.65 per contract · $0 exercise and assignment · naked

    Schwab opens accounts for residents outside 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.

  • eOption$0.10 + $1.99 per trade · $9 per event · naked

    eOption opens accounts for residents outside the United States. 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.

Compare two of them

The pair pages among these brokers, with a verdict.

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

Non-US residents

Schwab, TradeStation and eOption. The country you live in sets which brokers accept you, and some also check citizenship or visa status; pick your country from Brokers in to see who serves it.

Schwab and TradeStation. An API lets your own program read the account and send orders to the broker, and the broker executes them. See the full list

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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The share card of Options brokers in Australia for non-US residents