Brokers with
Options brokers with no transfer-out fee
3 brokers charge $0 to transfer a full account out for residents of the United States. The same facts for each: fees, approvals, countries.
A transfer-out fee, also called an ACATS fee, is what a broker charges when you move your account to another broker. Check that the $0 covers a full transfer as well as a partial one, and whether the broker you move to pays fees for you. 3 brokers charge $0 to transfer a full account out for residents of the United States.
At a glance: 3 brokers, 0 at $0 per contract, 3 with $0 exercise and assignment, 2 approving naked options, 2 working with QuantWheel; median fee $0.65 per contract, lowest margin rate at $50,000 5.38%.
| Broker | QuantWheel | Exercise | Approval | 0DTE | Margin | Offers | |
|---|---|---|---|---|---|---|---|
 Fidelity | Sync-only | $0.65 per contractBuy to close at $0.65 or less costs $0 | $0 | Naked | Yes | 10.63% | |
 Interactive Brokers | Sync-only | $0.65 per contract$1 minimum; additional fees | $0 | Naked | Yes | 5.38% | |
 Zacks Trade | $1 first / $0.75 additionalU.S. options, USD | $0 | Not published | Not published | 8.83% |
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.Fidelity$0.65 per contract · $0 exercise and assignment · naked
Fidelity opens options accounts for residents of the United States. It charges $0.65 per contract (Buy to close at $0.65 or less costs $0). Exercise and assignment cost $0. It approves up to naked short options. It trades on Web, Desktop, Mobile. QuantWheel syncs positions and trades from the account and suggests; you place the orders at the broker.
Account fees (platform, inactivity, transfer out)No account or platform fee; up to $5 a quarter under $100 uninvested with no activity in 12 months; transfer of assets $0
Interactive Brokers$0.65 per contract · $0 exercise and assignment · naked
Interactive Brokers opens options accounts for residents of the United States. 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 fees (platform, inactivity, transfer out)No platform or inactivity fee; no IBKR fee to transfer out
Zacks Trade$1 first / $0.75 additional · $0 exercise and assignment · not published
Zacks Trade opens options accounts for residents of the United States. It charges $1 first / $0.75 additional (U.S. options, USD). Exercise and assignment cost $0. It does not publish its highest options level. It trades on Web, Desktop, Mobile. It is not connected to QuantWheel.
Account fees (platform, inactivity, transfer out)No platform fee; inactivity $15 a month under $25,000 with under $15 commissions; transfer out $0
Compare two of them
The pair pages among these brokers, with a verdict.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
No transfer-out fee