Brokers with
Options brokers in Singapore with cost basis tracking
3 brokers have options cost basis reports for residents of Singapore. The same facts for each: fees, approvals, countries.
Cost basis is what a position cost you, and your gain or loss is worked out from it. Options make the record harder to follow, because an assignment turns an option into shares. Check whether the broker adjusts the cost basis of assigned shares for the option premium, and whether the screen matches the tax forms it sends you. 3 brokers have options cost basis reports for residents of Singapore.
At a glance: 3 brokers, 1 at $0 per contract, 1 with $0 exercise and assignment, 3 approving naked options, 1 working with QuantWheel; median fee $0.10 per contract, lowest margin rate at $50,000 8.20%.
| Broker | QuantWheel | Exercise | Approval | 0DTE | Margin | Offers | |
|---|---|---|---|---|---|---|---|
 tastytrade | Trade & Sync | $1 open / $0 close$10 opening cap per leg; other fees apply | $5 | Naked | Yes | 10.00% | |
 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% |
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.tastytrade$1 open / $0 close · $5 per event · naked
tastytrade opens options accounts for residents of Singapore. 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.
Options cost basis and tax formsA consolidated 1099 from clearing firm Apex Clearing includes the 1099-B for trading activity (options trades qualify), with commissions and fees built into proceeds and cost basis. Apex flags wash sales by matching CUSIPs within the 30-day window and reports them on the Consolidated 1099, with adjustments shown during the year (stocks, ETFs and equity options), and futures and futures options get a separate Futures 1099-B.
eOption$0.10 + $1.99 per trade · $9 per event · naked
eOption opens options accounts for residents of Singapore. 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.
Options cost basis and tax formsClearing firm Hilltop issues a 1099 Composite (mailed February 15, 2026 for tax year 2025) with Form 1099-B covering option sales, cost basis for covered options (covered since 2014), Section 1256 reporting for non-equity index options and wash sale loss adjustments. The platform adds P&L performance reporting by tax lot, and the forms are TurboTax and H&R Block compatible.
Firstrade$0 per contract · $0 exercise and assignment · naked puts
Firstrade opens options accounts for residents of Singapore. 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.
Options cost basis and tax formsForm 1099-B reports closed short option positions (since tax year 2020) along with stock sales, and the online Gain/Loss page (realized and unrealized) has a wash sale column. Wash sales are tracked for stocks and options and adjusted by Apex Clearing, with GainsKeeper tax tools and FIFO or LIFO and specific lot selection.
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
Cost basis tracking