Independent Comparison

Best Brokersfor Options Trading

Find the right broker for your options trading in Germany. Compare fees, regulation and services.

200

Brokers Compared

500+

Hours of Research

2026

Updated

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Broker im Vergleich

200 brokers compared in detail

Regulation:

Min Deposit:

Rating:

Top Pick

Libertex

Commission only, Zero-Spread

Optionshandel

Yes, over 300 CFDs

Pros

+Zero-Spread Trading
+Fast execution
+User-friendly platform
+4 more

Cons

-No BaFin regulation
-Mainly CFD trading

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Details

For Professionals

Interactive Brokers

from €0.65 per contract

Optionshandel

Yes, comprehensive

Pros

+Low fees
+Wide product range
+Professional platform

Cons

-Complex for beginners
-Inactivity fee under $100,000

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Details

Best Options Platform

AvaTrade

Variable spreads, no commission

Optionshandel

Yes, AvaOptions platform

Pros

+Dedicated AvaOptions platform
+MT4/MT5 + AvaTradeGO
+Multi-regulated globally
+3 more

Cons

-Inactivity fee after 3 months
-No BaFin regulation
-Spreads higher than ECN brokers

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Details

Trading212

€0 commission, tight spreads

Optionshandel

Options coming soon

Pros

+No commissions
+Very low minimum deposit
+User-friendly app
+3 more

Cons

-No BaFin regulation
-Limited research tools
-No MT4/MT5
-Options not yet available

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Details

IG Markets

Spreads from 0.6 pip on forex, from 0.1% on stock CFDs

Optionshandel

Yes, vanilla options and barriers

Pros

+Over 17,000 markets available
+Vanilla options and barriers available
+Very long company history since 1974
+2 more

Cons

-Minimum deposit €300
-High fees for small accounts
-€14 monthly inactivity fee

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Details

Schwab International

$0 stocks/ETFs, $0.65 per options contract

Optionshandel

Yes, comprehensive with thinkorswim

Pros

+thinkorswim platform (formerly TD Ameritrade)
+Huge product selection
+No minimum deposit
+2 more

Cons

-International accounts limited
-Futures fees higher than competitors

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Details

Fidelity

$0 commission on stocks and ETFs, options $0.65 per contract

Optionshandel

Yes, US options from $0.65 per contract

Pros

+Commission-free stock and ETF trading
+Excellent research and educational resources
+Huge fund selection including proprietary index funds
+1 more

Cons

-Only available for US customers
-International stocks limited availability
-Futures trading not offered

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Details

Public Company

Plus500

Spread-based, no commission

Optionshandel

Yes, Options CFDs

Pros

+Very user-friendly platform
+Publicly traded company
+No commissions
+3 more

Cons

-CFD trading only
-No MT4/MT5
-Inactivity fee
-Limited research tools

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Details

LYNX Broker

Pros

+German support
+Interactive Brokers technology
+Good educational resources

Cons

-Higher fees than IB direct
-Minimum activity required

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Details

Popular

eToro

0% commission on stocks, spreads from 1 pip on forex

Optionshandel

No, but stocks, CFDs, crypto and copy trading

Pros

+Social trading and copy trading
+0% commission on real stocks
+User-friendly platform
+2 more

Cons

-Spreads higher than ECN brokers
-$5 withdrawal fee
-No BaFin regulation

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Details

Pepperstone

Razor account: from 0.0 pip + €2.60 commission/lot, Standard: from 1.0 pip

Optionshandel

No, but over 1,200 CFD instruments

Pros

+Razor account with raw spreads from 0.0 pip
+Fast execution speed
+MT4, MT5, cTrader and TradingView
+2 more

Cons

-No options trading
-No real stocks, only CFDs

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Details

Saxo Bank

Stocks from $1, options from $1, forex from 0.4 pip

Optionshandel

Yes, comprehensive options trading on global exchanges

Pros

+Over 72,000 tradable instruments
+Professional platforms
+Comprehensive options trading
+2 more

Cons

-Higher fees for entry-level account
-Platform complex for beginners

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Details

tastytrade

$0 stocks, $1 per options contract (max $10 per leg)

Optionshandel

Yes, specialized in options

Pros

+Specialized in options trading
+Low options fees (capped)
+Innovative trading platform
+2 more

Cons

-Focused on US markets only
-Not ideal for buy-and-hold investors
-No forex trading

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Details

Vanguard

$0 commission on stocks and ETFs, Vanguard funds with no transaction fee

Optionshandel

Yes, US options available ($1 per contract)

Pros

+World leader in low-cost index funds
+Commission-free stock and ETF trading
+Client-owned structure – no external shareholders
+1 more

Cons

-Trading platform more functional than modern
-Only available for US customers
-Not ideal for active trading

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Details

Scalable Capital

PRIME+ flat rate €4.99/month or €0.99 per trade

Optionshandel

No, no options trading

Pros

+Flat-rate trading with PRIME+
+BaFin-regulated
+Over 7,800 stocks and 2,500 ETFs
+1 more

Cons

-No options trading
-Limited trading venues (gettex/Xetra)
-No phone support

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Details

comdirect

€4.90 base fee + 0.25% of order volume (min. €9.90)

Optionshandel

Yes, Eurex options trading available

Pros

+Eurex options trading available
+Full bank with checking account
+Comprehensive educational resources
+2 more

Cons

-Higher fees than neobrokers
-Custody fee without activity
-ProTrader only for active traders

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Details

XTB

0% commission on stock CFDs (up to €100,000/month), spreads from 0.1 pip

Optionshandel

No, but over 6,000 stocks and ETFs commission-free

Pros

+Award-winning xStation platform
+0% commission on stocks up to €100,000
+Publicly traded company
+1 more

Cons

-Inactivity fee after 12 months
-No MetaTrader 4/5
-Limited research tools

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Details

Swissquote

Stocks from CHF 5, forex spreads from 1.3 pip (Standard)

Optionshandel

Yes, options trading available via eTrading

Pros

+Swiss banking license (FINMA)
+Broad product range incl. crypto
+High deposit protection
+1 more

Cons

-Higher minimum deposit (CHF 1,000)
-Fees higher than pure online brokers
-Swiss tax reporting needed

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Details

IC Markets

From 0.0 pips + $3.50 commission (Raw Spread)

Optionshandel

Pros

+Ultra-low spreads from 0.0 pips
+Fast order execution (under 40ms)
+cTrader platform available
+2 more

Cons

-No proprietary platform
-Educational content could be more comprehensive
-Minimum deposit $200

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Details

Kraken

0.00% – 0.26% maker/taker

Optionshandel

Pros

+Over 200 cryptocurrencies
+Strong focus on security
+Margin and futures trading
+2 more

Cons

-User interface less intuitive
-Fiat deposit fees depending on method

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Details

20 of 200 shown

How to Choose the Right Broker

The best broker depends on your individual requirements.

Top Recommendation

Zero-Spread Trading, fast execution and modern platform with over 350 instruments.

Libertex

For Beginners

Easy operation, good support and educational resources are more important than the lowest fees.

TradeRepublic, Consorsbank

For Active Traders

Low fees, professional tools and wide product range are crucial.

Libertex, Interactive Brokers, LYNX

For Security-Conscious

BaFin regulation, German bank and comprehensive deposit insurance are paramount.

Consorsbank, LYNX Broker

Important Notes

All mentioned brokers are regulated and offer deposit insurance
Fees may change - check current conditions on the broker website
Options trading often requires a suitability assessment

Ready to Start Trading?

Learn the basics of options trading before opening your account.

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