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Options brokers in the Bahamas with a mobile app

3 brokers have a mobile app for residents of the Bahamas. The same facts for each: fees, approvals, countries.

A mobile app lets you watch and trade options from your phone, and apps differ in how much of an options trade they handle. Check whether you can place a spread as one order and get an alert when you are assigned. 3 brokers have a mobile app for residents of the Bahamas.

At a glance: 3 brokers, 1 at $0 per contract, 3 with $0 exercise and assignment, 3 approving naked options, 3 working with QuantWheel; median fee $0.65 per contract, lowest margin rate at $50,000 5.38%.

BrokerQuantWheelExerciseApproval0DTEMarginOffers
TradeStationTrade & Sync$0 via QuantWheelIndex options add $0.75 per contract$0NakedYesNegotiable
Interactive BrokersSync-only$0.65 per contract$1 minimum; additional fees$0NakedYes5.38%
SchwabSync-only$0.65 per contractAdditional fees may apply$0NakedYes10.63%
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 has a mobile app. 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.

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

    Interactive Brokers has a mobile app. 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.

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

    Schwab has a mobile app. 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.

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

Mobile app

Interactive Brokers, Schwab and TradeStation. Every app opens and closes positions; multi-leg orders and rolling vary by app.

Interactive Brokers, Schwab and TradeStation. A paper account trades simulated money, so you can practise assignment and rolling at no cost; check whether its prices are live or delayed. See the full list

TradeStation. Exchange and regulatory fees can still apply, and index options can carry their own fee, so check the fee schedule. 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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