Brokers for
Options brokers in the United Kingdom for small accounts
2 brokers charge $0 per contract with no minimum deposit for residents of the United Kingdom. The same facts for each: fees, approvals, countries.
In a small account, every fee takes a bigger share of the premium you collect or pay. The brokers here need no minimum deposit and charge $0 per contract on equity options. Check the exchange and regulatory fees that still apply, and the $2,000 most brokers ask for before margin. 2 brokers charge $0 per contract with no minimum deposit for residents of the United Kingdom.
At a glance: 2 brokers, 2 at $0 per contract, 1 with $0 exercise and assignment, 1 approving naked options, 1 working with QuantWheel; median fee $0.00 per contract, lowest margin rate at $50,000 6.25%.
| Broker | QuantWheel | Exercise | Approval | 0DTE | Margin | Offers | |
|---|---|---|---|---|---|---|---|
 Alpaca | Coming | $0 per contractPartner, index and professional rates differ | Not published | Spreads | Yes | 6.25% | |
 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.Alpaca$0 per contract · exercise fee not published · spreads
Alpaca opens options accounts for residents of the United Kingdom. It charges $0 per contract (Partner, index and professional rates differ). It does not publish its exercise and assignment fees. It approves up to defined-risk spreads. It trades on Web, 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.
Firstrade$0 per contract · $0 exercise and assignment · naked puts
Firstrade opens options accounts for residents of the United Kingdom. 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.
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
Small accounts