Brokers for
Options brokers in the United Kingdom for beginners
One broker has a $0 minimum, paper trading and options in a cash account for residents of the United Kingdom. The same facts for each: fees, approvals, countries.
A first options account is easier when the broker asks for no minimum deposit and has a paper trading account to practise on. It also helps to sell covered calls or cash-secured puts in a cash account, where you trade without borrowing. Check what the first approval level allows before you apply. One broker has all three for residents of the United Kingdom.
At a glance: 1 broker, 0 at $0 per contract, 0 with $0 exercise and assignment, 1 approving naked options, 0 working with QuantWheel; median fee $0.10 per contract, lowest margin rate at $50,000 8.20%.
| Broker | QuantWheel | Exercise | Approval | 0DTE | Margin | Offers | |
|---|---|---|---|---|---|---|---|
 eOption | $0.10 + $1.99 per tradeBase fee and other charges apply | $9 | Naked | Not published | 8.20% |
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.eOption$0.10 + $1.99 per trade · $9 per event · naked
eOption opens options accounts for residents of the United Kingdom. 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.
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
Beginners