Brokers for
Options brokers in Germany for spreads
6 brokers approve defined-risk spreads for residents of Germany. The same facts for each: fees, approvals, countries.
A spread is two or more options traded as one order, such as a vertical, an iron condor or a calendar. A defined-risk spread caps both the loss and the gain, and each broker approves spreads at its own approval level. Check how the fee per contract applies to each leg and the account size the broker asks for. 6 brokers approve spreads for residents of Germany.
At a glance: 6 brokers, 1 at $0 per contract, 2 with $0 exercise and assignment, 6 approving naked options, 3 working with QuantWheel; median fee $0.50 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% | |
 Tradier | Coming | $0.35 per contractPaid plans differ; other fees apply | $9 | Naked | Yes | 9.75% | |
 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% | ||
 Saxo | Indicative US$2 per contractRates depend on residence and account tier | Not published | Naked | Yes | Not published |
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 approves defined-risk spreads. 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.
tastytrade$1 open / $0 close · $5 per event · naked
tastytrade approves defined-risk spreads. 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.
Tradier$0.35 per contract · $9 per event · naked
Tradier approves defined-risk spreads. It charges $0.35 per contract (Paid plans differ; other fees apply). Exercise and assignment cost $9 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; placing orders from QuantWheel is coming soon, so today you place them at the broker.
eOption$0.10 + $1.99 per trade · $9 per event · naked
eOption approves defined-risk spreads. 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.
Firstrade$0 per contract · $0 exercise and assignment · naked puts
Firstrade approves defined-risk spreads. 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.
SaxoIndicative US$2 per contract · exercise fee not published · naked
Saxo approves defined-risk spreads. It charges Indicative US$2 per contract (Rates depend on residence and account tier). It does not publish its exercise and assignment fees. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. It is not connected to QuantWheel.
Compare two of them
The pair pages among these brokers, with a verdict.More by what you trade
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
Spreads