Options Trading Platforms in Australia

In simple terms, the Investors Centre is when you buy or sell a contract that gives you the right (but not the obligation) to buy or sell an asset at a specified price before or at expiry. It’s riskier than directly buying or selling shares and it’s important to understand the risks before getting started.

There are a wide range of brokers that offer options trading and they vary considerably in costs, features, usability and other criteria. We’ve compared all of them on key factors like essential costs, regulation, market access and features to find the best option trading platform for Australians.

Best Platforms for Trading Options in Australia

We’ve also rated options trading platforms on their offering of educational material and research, and whether they allow you to follow and copy leading or popular traders. Tastytrade is our top choice for options trading in Australia because it’s a low-cost broker that offers an intuitive and comprehensive online platform with desktop and mobile interfaces and a great selection of assets including Australian stock options.

IBA offers an exceptionally competitive ASX share options trading service with market-leading commission rates and fees, plus a full suite of global markets and excellent trading tools and research. They are also a market participant and clearing member of the ASX through the Derivatives Clearing System (DCS). ETO trades executed by IBA for clients are cleared in DCS via client accounts allocated to each individual client.