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Options brokers in the United Kingdom with low SPX fees

One broker charges $0.70 or less per SPX contract in all for residents of the United Kingdom. The same facts for each: fees, approvals, countries.

One SPX contract costs the broker's fee per contract plus its index option fee and the exchange fee. This page adds them up on the cost calculator's 0DTE SPX example and keeps the brokers at $0.70 or less per contract; a broker that does not publish one of these fees is left out. At several brokers the exchange fee changes with the option's price, so check the cost to close too. One broker charges $0.70 or less per SPX contract in all for residents of the United Kingdom.

At a glance: 1 broker, 1 at $0 per contract, 1 with $0 exercise and assignment, 1 approving naked options, 0 working with QuantWheel; median fee $0.00 per contract, lowest margin rate at $50,000 11.50%.

BrokerQuantWheelExerciseApproval0DTEMarginOffers
Firstrade$0 per contractRegulatory fees apply$0Naked putsYes11.50%
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.
  • 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 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

Low SPX fees

Firstrade, among the brokers that open accounts for residents of the United Kingdom.

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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