7 Best Brokers for Trading Options in Europe

The boom of online brokers of the past decade has given retail traders access to financial tools and instruments previously reserved for professionals. Among the most popular products investors can now trade in are options.

Options trading is a popular strategy traders can use to take advantage of different market conditions. One key difference between regular stocks and options is that stocks give you a share of ownership in a company. In contrast, options are derivatives that give you the right to buy or sell the actual stock at a specific price by a particular date.

Options trading may seem confusing at first, but it’s easier to wrap your head around once you understand the basics. Options contracts provide leverage, which allows you to control more stock for the same amount of money. For the knowledgeable options trader, options can be used to profit from a range of market outcomes, potentially with limited risk.

Best options brokers in Europe

Options are very popular among US retail traders, but European investors can now access them on equal footing. Here is the list of international brokers that currently allow European clients to trade US (American) options, European options, or vanilla options:

Most brokers require that you complete an appropriateness test before they allow you to buy/sell puts and calls. I recommend you do a lot of reading and spend some months with a demo account before walking headlong into this trendy endeavor.

Brokers I don’t recommend

  • Saxo Bank: Very expensive
  • Swissquote: Very expensive

Saxo and Swissquote are, in my opinion, uncompetitive legacy brokers that are out of sync with the current market. Both brokers are expensive to trade with for both stocks and options.

*Avatrade risk warning: 71% of retail investor accounts lose money when trading CFDs with this provider.

Lucas P.
Lucas P.

About the author: Lucas P., a pen name for privacy reasons, is an investor, hobby finance writer, and die-hard FIRE enthusiast. Lucas has previously served as editor for a news outlet in his European home country but now spends his time dabbling with traditional and alternative investments. To learn more about Lucas, visit his profile page.