Brokers with
Options brokers with a mobile app
20 brokers have a mobile app for residents of the United States. The same facts for each: fees, approvals, countries.
A mobile app lets you watch and trade options from your phone, and apps differ in how much of an options trade they handle. Check whether you can place a spread as one order and get an alert when you are assigned. 20 brokers have a mobile app for residents of the United States.
At a glance: 20 brokers, 7 at $0 per contract, 12 with $0 exercise and assignment, 15 approving naked options, 12 working with QuantWheel; median fee $0.46 per contract, lowest margin rate at $50,000 5.05%.
| Broker | QuantWheel | Exercise | Approval | 0DTE | Margin | Offers | |
|---|---|---|---|---|---|---|---|
 TradeStation | Trade & Sync | $0 via QuantWheelIndex options add $0.75 per contract | $0 | Naked | Yes | Negotiable | |
 E*Trade | Trade & Sync | $0.65 per contract$0.50 at 30+ trades per quarter | $0 | Naked | Yes | 11.70% | |
 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% | |
 Moomoo | Trade & Sync | $0 per contractIndex, non-retail and other fees extra | Not published | Naked | Yes | 6.80% | |
 Public | Trade & Sync | $0 per contractIndex options $0.35 plus exchange fees | Not published | Naked | Yes | 5.15% | |
 Robinhood | Sync-only | $0 per contractIndex contracts and other fees extra | $0 | Spreads | Yes | 5.05% | |
 Schwab | Sync-only | $0.65 per contractAdditional fees may apply | $0 | Naked | Yes | 10.63% | |
 tastytrade | Trade & Sync | $1 open / $0 close$10 opening cap per leg; other fees apply | $5 | Naked | Yes | 10.00% | |
 TradeZero | Coming | $0.42 per contract$20 order cap; index contracts excluded | Exercise $10 auto / $35 manual, assignment $10 per line | Not published | Not published | 9.00% | |
 Tradier | Coming | $0.35 per contractPaid plans differ; other fees apply | $9 | Naked | Yes | 9.75% | |
 Webull | Trade & Sync | $0 per contractOversized and index orders cost extra | Not published | Naked | Yes | 8.74% | |
 eOption | $0.10 + $1.99 per tradeBase fee and other charges apply | $9 | Naked | Not published | 8.20% | ||
 Firstrade | $0 per contractRegulatory fees apply | $0 | Naked puts | Yes | 11.50% | ||
 J.P. Morgan Self-Directed | $0.65 per contractCall-in orders add $25 | $0 | Covered | Not published | |||
 Lightspeed | $0.50 per contractWeb and mobile orders have a $1 minimum; other fees apply | $15 | Naked | Not published | 10.00% | ||
 Merrill Edge | $0.65 per contractCash-settled exercise and assignment charged per contract | $0 | Naked | Yes | Not published | ||
 SoFi Invest | $0 per contractRegulatory and clearing fees apply | $0 | Covered | Yes | 9.00% | ||
 Vanguard | $1 per contractEligible higher-balance accounts receive waivers | $0 | Naked puts | Not published | 11.25% | ||
 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.TradeStation$0 via QuantWheel · $0 exercise and assignment · naked
TradeStation has a mobile app. It charges $0 via QuantWheel (Index options add $0.75 per contract). 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; with Trade & Sync the orders you approve go to the broker from QuantWheel.
E*Trade$0.65 per contract · $0 exercise and assignment · naked
E*Trade has a mobile app. It charges $0.65 per contract ($0.50 at 30+ trades per quarter). 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; with Trade & Sync the orders you approve go to the broker from QuantWheel.
Fidelity$0.65 per contract · $0 exercise and assignment · naked
Fidelity has a mobile app. 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.
Interactive Brokers$0.65 per contract · $0 exercise and assignment · naked
Interactive Brokers has a mobile app. 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.
Moomoo$0 per contract · exercise fee not published · naked
Moomoo has a mobile app. It charges $0 per contract (Index, non-retail and other fees extra). It does not publish its exercise and assignment fees. It approves up to naked short options. It trades on Desktop, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; with Trade & Sync the orders you approve go to the broker from QuantWheel.
Public$0 per contract · exercise fee not published · naked
Public has a mobile app. It charges $0 per contract (Index options $0.35 plus exchange fees). It does not publish its exercise and assignment fees. It approves up to naked short options. It trades on Web, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; with Trade & Sync the orders you approve go to the broker from QuantWheel.
Robinhood$0 per contract · $0 exercise and assignment · spreads
Robinhood has a mobile app. It charges $0 per contract (Index contracts and other fees extra). Exercise and assignment cost $0. It approves up to defined-risk spreads. It trades on Web, Mobile. QuantWheel syncs positions and trades from the account and suggests; you place the orders at the broker.
Schwab$0.65 per contract · $0 exercise and assignment · naked
Schwab has a mobile app. It charges $0.65 per contract (Additional fees may apply). 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.
tastytrade$1 open / $0 close · $5 per event · naked
tastytrade has a mobile app. It charges $1 open / $0 close ($10 opening cap per leg; other fees apply). Exercise and assignment cost $5 each. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; with Trade & Sync the orders you approve go to the broker from QuantWheel.
TradeZero$0.42 per contract · $10 per event · not published
TradeZero has a mobile app. It charges $0.42 per contract ($20 order cap; index contracts excluded). Exercise and assignment cost $10 each. It does not publish its highest options level. It trades on Web, Desktop, Mobile, 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.
Tradier$0.35 per contract · $9 per event · naked
Tradier has a mobile app. It charges $0.35 per contract (Paid plans differ; other fees apply). Exercise and assignment cost $9 each. It approves up to naked short options. It trades on Web, Desktop, Mobile, 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.
Webull$0 per contract · exercise fee not published · naked
Webull has a mobile app. It charges $0 per contract (Oversized and index orders cost extra). It does not publish its exercise and assignment fees. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; with Trade & Sync the orders you approve go to the broker from QuantWheel.
eOption$0.10 + $1.99 per trade · $9 per event · naked
eOption has a mobile app. 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.
Firstrade$0 per contract · $0 exercise and assignment · naked puts
Firstrade has a mobile app. 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.
J.P. Morgan Self-Directed$0.65 per contract · $0 exercise and assignment · covered
J.P. Morgan Self-Directed has a mobile app. It charges $0.65 per contract (Call-in orders add $25). Exercise and assignment cost $0. It approves up to covered calls and cash-secured puts. It trades on Web, Mobile. It is not connected to QuantWheel.
Lightspeed$0.50 per contract · $15 per event · naked
Lightspeed has a mobile app. It charges $0.50 per contract (Web and mobile orders have a $1 minimum; other fees apply). Exercise and assignment cost $15 each. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. It is not connected to QuantWheel.
Merrill Edge$0.65 per contract · $0 exercise and assignment · naked
Merrill Edge has a mobile app. It charges $0.65 per contract (Cash-settled exercise and assignment charged per contract). Exercise and assignment cost $0. It approves up to naked short options. It trades on Web, Mobile. It is not connected to QuantWheel.
SoFi Invest$0 per contract · $0 exercise and assignment · covered
SoFi Invest has a mobile app. It charges $0 per contract (Regulatory and clearing fees apply). Exercise and assignment cost $0. It approves up to covered calls and cash-secured puts. It trades on Web, Mobile. It is not connected to QuantWheel.
Vanguard$1 per contract · $0 exercise and assignment · naked puts
Vanguard has a mobile app. It charges $1 per contract (Eligible higher-balance accounts receive waivers). 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.
Zacks Trade$1 first / $0.75 additional · $0 exercise and assignment · not published
Zacks Trade has a mobile app. 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.
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
Mobile app