Brokers with
Options brokers in the Bahamas that let you choose the exchange
2 brokers allow you to choose the exchange for options orders for residents of the Bahamas. The same facts for each: fees, approvals, countries.
Direct access means you pick the exchange that receives your options order, instead of the broker picking it. Traders use it to reach a specific exchange's prices or fees. Check which exchanges you can pick, whether the choice works on multi-leg orders and any fee per contract for it. 2 brokers allow you to choose the exchange for options orders for residents of the Bahamas.
At a glance: 2 brokers, 1 at $0 per contract, 2 with $0 exercise and assignment, 2 approving naked options, 2 working with QuantWheel; median fee $0.33 per contract, lowest margin rate at $50,000 5.38%.
| Broker | QuantWheel | Exercise | Approval | 0DTE | Margin | Offers | |
|---|---|---|---|---|---|---|---|
 TradeStation | Trade & Sync | $0 via QuantWheelIndex options add $0.75 per contract | $0 | Naked | Yes | Negotiable | |
 Interactive Brokers | Sync-only | $0.65 per contract$1 minimum; additional fees | $0 | Naked | Yes | 5.38% |
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 options accounts for residents of the Bahamas. 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.
Choose the exchange for options ordersClients can route orders to the market centers TradeStation connects to directly.
Interactive Brokers$0.65 per contract · $0 exercise and assignment · naked
Interactive Brokers opens options accounts for residents of the Bahamas. 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.
Choose the exchange for options ordersDirect Routing lets customers send an option order (including combos) to a chosen exchange instead of SmartRouting, on TWS, IBKR Desktop, IBKR Mobile and Client Portal. Direct-routed US option orders cost USD 1.00 per contract.
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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
Choose the exchange