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Options brokers in New Zealand for LLC and business accounts

5 brokers open LLC and business accounts for residents of New Zealand. The same facts for each: fees, approvals, countries.

A business account is a brokerage account in the name of a company, such as an LLC, a corporation or a partnership. The minimum deposit can be higher than for a personal account. Options approval for business accounts is not in the table, so ask the broker which levels it allows before you apply. 5 brokers open LLC and business accounts for residents of New Zealand.

At a glance: 5 brokers, 1 at $0 per contract, 2 with $0 exercise and assignment, 5 approving naked options, 4 working with QuantWheel; median fee $0.35 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%
tastytradeTrade & Sync$1 open / $0 close$10 opening cap per leg; other fees apply$5NakedYes10.00%
TradierComing$0.35 per contractPaid plans differ; other fees apply$9NakedYes9.75%
eOption$0.10 + $1.99 per tradeBase fee and other charges apply$9NakedNot published8.20%
5 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 New Zealand. 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.

    Account typesIndividual, Joint, Traditional IRA, Roth IRA, SEP IRA, SIMPLE IRA, Rollover IRA, Beneficiary IRA, Trust, Business.

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

    Interactive Brokers opens options accounts for residents of New Zealand. 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.

    Account typesIndividual, Joint, Traditional IRA, Roth IRA, SEP IRA, SIMPLE IRA, Rollover and Inherited IRA, Custodial (cash only), Trust, Business

  • tastytrade$1 open / $0 close · $5 per event · naked

    tastytrade opens options accounts for residents of New Zealand. 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 typesIndividual, Joint, Traditional IRA, Roth IRA, SEP IRA, Beneficiary IRA, Trust, Business; custodial not listed

  • Tradier$0.35 per contract · $9 per event · naked

    Tradier opens options accounts for residents of New Zealand. 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.

    Account typesIndividual, Joint, Traditional IRA, Roth IRA; Trust and Business by paperwork ($10 opening fee)

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

    eOption opens options accounts for residents of New Zealand. 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 typesIndividual, Joint, Traditional IRA, Roth IRA, SEP IRA, SIMPLE IRA, Rollover IRA, Coverdell ESA, Custodial, Trust, Business

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

LLC and business accounts

tastytrade, Interactive Brokers, Tradier, TradeStation and eOption, among the brokers that open accounts for residents of New Zealand.

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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The share card of Options brokers in New Zealand for LLC and business accounts