Brokers with
Options brokers in Austria with excess SIPC coverage
4 brokers have excess cover above SIPC for residents of Austria. The same facts for each: fees, approvals, countries.
SIPC protects up to $500,000 at a US broker, including up to $250,000 in cash. Excess cover adds protection above that limit, arranged by the broker or its clearing firm, and the amounts differ widely. Check the amount per customer or account, the cash limit inside it and the total the cover pays for all clients together. 4 brokers have excess cover above SIPC for residents of Austria.
At a glance: 4 brokers, 1 at $0 per contract, 2 with $0 exercise and assignment, 4 approving naked options, 2 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% | |
 tastytrade | Trade & Sync | $1 open / $0 close$10 opening cap per leg; other fees apply | $5 | Naked | Yes | 10.00% | |
 eOption | $0.10 + $1.99 per tradeBase fee and other charges apply | $9 | Naked | Not published | 8.20% | ||
 Firstrade | $0 per contractRegulatory fees apply | $0 | Naked puts | Yes | 11.50% |
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 Austria. 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.
Account protectionSIPC ($500,000, incl. $250,000 cash) + excess cover up to $150M per customer incl. $1.15M cash, $600M total (stated on Schwab's international site)
tastytrade$1 open / $0 close · $5 per event · naked
tastytrade opens options accounts for residents of Austria. It charges $1 open / $0 close ($10 opening cap per leg; other fees apply). Exercise and assignment cost $5 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; with Trade & Sync the orders you approve go to the broker from QuantWheel.
Account protectionSIPC ($500,000, incl. $250,000 cash) + Apex excess cover up to $37.5M securities and $900,000 cash per customer ($150M aggregate)
eOption$0.10 + $1.99 per trade · $9 per event · naked
eOption opens options accounts for residents of Austria. 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.
Account protectionSIPC ($500,000, incl. $250,000 cash) + Hilltop excess up to $25M per customer, $900,000 cash, $200M total
Firstrade$0 per contract · $0 exercise and assignment · naked puts
Firstrade opens options accounts for residents of Austria. It charges $0 per contract (Regulatory fees apply). Exercise and assignment cost $0. It approves up to naked short puts, not naked calls. It trades on Web, Mobile. It is not connected to QuantWheel.
Account protectionSIPC ($500,000, incl. $250,000 cash) + Apex excess cover up to $37.5M per customer incl. $900,000 cash ($150M aggregate; Lloyd's)
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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
Excess SIPC coverage