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Options brokers in Mexico that let you choose the exchange

3 brokers allow you to choose the exchange for options orders for residents of Mexico. 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. 3 brokers allow you to choose the exchange for options orders for residents of Mexico.

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 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%
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 options accounts for residents of Mexico. 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 Mexico. 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.

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

    eOption opens options accounts for residents of Mexico. 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.

    Choose the exchange for options ordersOnly the DAS|Web and DAS|Pro direct-access platforms (need $25,000 account equity, monthly platform and data fees) let you direct an order to a specific exchange or market maker, and the pricing schedule lists 'Stock and Option Destination Fees'. No option route list is published, and the standard eOption platform offers no routing choice.

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

Choose the exchange

Interactive Brokers, TradeStation and eOption, among the brokers that open accounts for residents of Mexico.

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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