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Options brokers in Timor-Leste with excess SIPC coverage

One broker has excess cover above SIPC for residents of Timor-Leste. The same facts for each: fees, approvals, countries.

SIPC protects up to $500,000 at a US broker, including up to $250,000 in cash. Excess cover adds protection above that limit, arranged by the broker or its clearing firm, and the amounts differ widely. Check the amount per customer or account, the cash limit inside it and the total the cover pays for all clients together. One broker has excess cover above SIPC for residents of Timor-Leste.

At a glance: 1 broker, 0 at $0 per contract, 1 with $0 exercise and assignment, 1 approving naked options, 1 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%
1 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 Timor-Leste. 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 protectionSIPC ($500,000, incl. $250,000 cash) + excess cover up to $30M per account incl. $900,000 cash ($150M aggregate; Lloyd's of London)

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

Excess SIPC coverage

Interactive Brokers, among the brokers that open accounts for residents of Timor-Leste.

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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