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Options brokers in Panama for LLC and business accounts

2 brokers open LLC and business accounts for residents of Panama. 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. 2 brokers open LLC and business accounts for residents of Panama.

At a glance: 2 brokers, 0 at $0 per contract, 2 with $0 exercise and assignment, 2 approving naked options, 2 working with QuantWheel; median fee $0.65 per contract, lowest margin rate at $50,000 5.38%.

BrokerQuantWheelExerciseApproval0DTEMarginOffers
Interactive BrokersSync-only$0.65 per contract$1 minimum; additional fees$0NakedYes5.38%
SchwabSync-only$0.65 per contractAdditional fees may apply$0NakedYes10.63%
2 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.
  • Interactive Brokers$0.65 per contract · $0 exercise and assignment · naked

    Interactive Brokers opens options accounts for residents of Panama. 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

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

    Schwab opens options accounts for residents of Panama. 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.

    Account typesIndividual, Joint, Traditional IRA, Roth IRA, SEP-IRA, SIMPLE IRA, other IRAs, Individual 401(k), Custodial, Trust, Estate, Organization

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

Interactive Brokers and Schwab, among the brokers that open accounts for residents of Panama.

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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