Brokers for
Options brokers in Singapore for index options
6 brokers offer index options such as SPX and NDX for residents of Singapore. The same facts for each: fees, approvals, countries.
Index options such as SPX settle in cash, and SPX options can only be exercised at expiration, so no shares change hands and there is no early assignment. XSP is one tenth the size of SPX, for a smaller position. Many brokers add a separate fee per contract on index options, so check it next to the regular option fee. 6 brokers list index options for residents of Singapore.
At a glance: 6 brokers, 2 at $0 per contract, 2 with $0 exercise and assignment, 6 approving naked options, 3 working with QuantWheel; median fee $0.22 per contract, lowest margin rate at $50,000 6.50%.
| Broker | QuantWheel | Exercise | Approval | 0DTE | Margin | Offers | |
|---|---|---|---|---|---|---|---|
 TradeStation | Trade & Sync | $0 via QuantWheelIndex options add $0.75 per contract | $0 | Naked | Yes | Negotiable | |
 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% | ||
 Tiger Brokers | US$0.95 per contractA free coupon lowers it to US$0.65 with no minimum | Not published | Naked | Yes | 6.50% |
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 lists index options such as SPX. 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.
tastytrade$1 open / $0 close · $5 per event · naked
tastytrade lists index options such as SPX. 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 lists index options such as SPX. 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 lists index options such as SPX. 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 lists index options such as SPX. 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.
Tiger BrokersUS$0.95 per contract · exercise fee not published · naked
Tiger Brokers lists index options such as SPX. It charges US$0.95 per contract (A free coupon lowers it to US$0.65 with no minimum). It does not publish its exercise and assignment fees. It approves up to naked short options. It trades on 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
Index options (SPX)