Best Forex Options Brokers for 2026

Written by Steven Hatzakis
Director of Online Broker Research

Edited by John Bringans
Managing Editor

Fact-checked by Joey Shadeck
Research Analyst

Reviewed by Blain Reinkensmeyer
Managing Partner

May 22, 2026

Fact Checked

Steven Hatzakis
Director of Online Broker Research

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. He is a forex industry expert and an active fintech and crypto researcher.

See full bio

Why you can trust us

Led by Steven Hatzakis, Global Director of Online Broker Research, the ForexBrokers.com research team collects and audits data across more than 100 variables. We analyze key tools and features important to forex and CFD traders and collect data on commissions, spreads, and fees across the industry to help you find the best broker for your needs.

We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system.

Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on ForexBrokers.com. Learn more about how we test.

Forex options are a specialized corner of currency trading. Only a handful of brokers offer them with the product range, pricing, and regulatory backing serious traders need. Whether you're after vanilla calls and puts on CFDs, exchange-traded turbos, or options on currency futures, the broker you pick matters as much as the strategy you run.

I've spent more than 20 years trading options and forex. At ForexBrokers.com we track over 110 regulators worldwide to surface brokers you can actually trust with your capital. Trading through a properly regulated venue gives you confidence that pricing methodology and execution policies hold up to scrutiny. That matters even more in options, where pricing inputs are less transparent than spot. Below are my top picks for forex options trading in 2026.

Company	Average spread (EUR/USD) - Standard account	Minimum Deposit	Overall Rating
IG	0.91 info	£1
Saxo	1.0 info	$0
CMC Markets	1.3 info	$0
Interactive Brokers	0.226 info	$0
Charles Schwab	1.27 info	$0
AvaTrade	0.93 info	$100

Best Forex Brokers for Options (Turbos)

My rankings are based on hands-on testing, not a feature checklist. At each broker, I evaluated the range of contract types available, from vanilla calls and puts to turbos and exotic options like barriers and countdowns. Pricing, platform quality, and the depth of risk-management tools all factored in. Every broker on this list is regulated by at least one top-tier authority.

Overall Score

5.0/5

Best broker for trading forex options

Minimum Deposit: £1
Trust Score: 99
Tradeable Symbols (Total): 19537

Why we like it

Review

IG is the top overall pick for forex options trading in 2026. The broker offers OTC and exchange-traded options, plus Turbos in the EU and futures options in the U.S. via its tastytrade subsidiary. The diversity of contract types lets traders pivot between products when timing matters. Read full review

Pros

OTC, exchange-traded, and futures options under one brand
Turbo options with built-in stop-loss and take-profit
tastytrade subsidiary for advanced U.S. options strategies

Cons

Product availability varies significantly by country
Multiple platforms can feel fragmented across regions

Overall Score

5.0/5

Best for multi-product options traders

Minimum Deposit: $0
Trust Score: 99
Tradeable Symbols (Total): 71000

Why we like it

Review

Saxo is one of the few brokers offering both OTC and exchange-traded forex options. The trade ticket lets you switch from spot to swaps to options without leaving the order window. On mobile, the same ticket also toggles between forex CFDs, futures, forwards, and options. Read full review

Pros

OTC and exchange-traded forex options on one platform
13 pre-defined options strategies with Greeks analysis
Cross-product switching from a single trade ticket

Cons

Higher account tiers require large minimum deposits
Steeper learning curve for retail-focused traders
No drag-to-edit orders on mobile charts

Overall Score

5.0/5

Best for forex forwards and OTC alternatives

Minimum Deposit: $0
Trust Score: 99
Tradeable Symbols (Total): 12029

Why we like it

Review

CMC Markets doesn't offer traditional forex options, but provides a deep bench of adjacent products. The lineup includes 16 forex forwards and exchange-traded options via CMC Invest in Australia. The broker also recently added OTC options on its CFD platform across U.S. and EU stock indices. Read full review

Pros

16 forex forward contracts for time-based positions
Cash-settled and deliverable exchange-traded options
Tiered access from basic puts/calls to multi-leg strategies

Cons

No spot forex options offering
Exchange-traded options limited to Australian clients
New traders restricted to basic strategy tiers

Overall Score

5.0/5

Best for advanced forex options traders

Minimum Deposit: $0
Trust Score: 99
Tradeable Symbols (Total): 8500

Why we like it

Review

IBKR is the destination for sophisticated options traders. The flagship TWS platform includes the ORATS backtester with 180M+ pre-built backtests, a multi-leg strategy builder, and a delta-neutral toggle that adds hedging shares automatically. The newer IBKR Desktop simplifies the experience without losing analytical depth. Read full review

Pros

ORATS backtester with 180M+ pre-built backtests
Multi-leg strategy builder with delta-neutral toggle
Access to options markets across 36 countries

Cons

TWS platform is overwhelming for beginners
Retail forex options unavailable to most U.S. clients (ECP-only)
$2 minimum commission can hurt small trade sizes

Overall Score

5.0/5

Best for U.S.-based forex options traders

Minimum Deposit: $0
Trust Score: 99
Tradeable Symbols (Total): 40000

Why we like it

Review

Schwab's thinkorswim is one of the most respected options platforms in the U.S. Inherited via the TD Ameritrade acquisition, it brings detailed options statistics and product depth visualizations of the Greeks. Forex-options exposure comes through options on currency futures like the Micro GBP/USD Futures. Read full review

Pros

Award-winning thinkorswim options platform
Product depth visualizations for Greeks and implied volatility
Economic data integration directly in charting tools

Cons

Forex trading available only to U.S. residents
Forex limited to thinkorswim, not Schwab's other platforms
Sparse forex-specific research and education

Overall Score

4.5/5

Best for beginner forex options traders

Minimum Deposit: $100
Trust Score: 96
Tradeable Symbols (Total): 1260

Why we like it

Review

AvaTrade offers 44 forex options through AvaOptions, the only dedicated forex options platform among the brokers in this guide. The mobile version stands out for its drag-to-set strike price feature on charts. AvaProtect lets you partially hedge an open spot position with a forex option. Read full review

Pros

Dedicated AvaOptions platform for forex options
Drag-to-set strike price on mobile charts
14 default strategies with auto-populated order tickets

Cons

Desktop AvaOptions is Windows-only with a dated interface
$1,000 minimum deposit required for AvaOptions access
Mobile app forced into landscape orientation

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Top picks for forex options

1. IG — Best broker for trading forex options

Company	Overall Rating	Minimum Deposit	Average spread (EUR/USD) - Standard account
IG		£1	0.91 info

With both over-the-counter (OTC) and exchange-traded options on offer, via Turbos in the EU and exchange-traded futures in the US, IG is my top choice in 2026 for forex options trading. I've been testing and reviewing IG for over a decade, and it consistently ranks as one of the best forex brokers in the world.

Options at IG: The diversity of instruments available for options trading at IG makes it a great broker for options traders; there are times when certain contracts are thinly traded, and being able to switch from one type to another can be advantageous when timing is important.

Steven's take

"For example, I might be looking for a certain strike price for a put option, and if it's not available as a CFD option, I can look at the futures markets options through tastytrade, IG’s US subsidiary, or via Turbo options in Europe."

Steven Hatzakis
Director of Online Broker Research

Options on CFDs: IG offers forex options on CFDs as one way to take a time-based position in the market, although the availability will depend on your country of residence (e.g., CFDs are not available in the US). For its vanilla options on forex, you can choose from a range of expiration dates, such as daily, weekly, or as far out as three months for OTC options.

Turbo Options: IG provides exchange-traded options as part of its Turbo options offering. Forex turbo options are traded on its regulated multilateral trading facility (MTF) exchange in Europe. Options products at IG range from plain vanilla options to Barrier Options, which allow you to set the knockout level and include pre-trade risk-management parameters such as stop-loss and take-profit.

tastytrade and options on forex futures: Through its U.S. subsidiary tastytrade, IG offers options on a range of forex futures, including CME contracts like EuroFX (/6E) and Micro Euro (/M6E), plus eight other major currencies. Micro futures options cost $0.85 per contract and small futures options run $0.50. Plain vanilla options on stocks, ETFs, and indexes are $1.20 per contract round-trip, with volume discounts that kick in as you scale. 25 contracts, for example, would cost $15.00. tastytrade's acquisition in 2021 was a clear win for IG's options reach, especially for traders who need advanced Greeks or multi-legged strategies. For a deeper look at the platform, see the tastytrade review at StockBrokers.com.

The IG web platform features integrated video on its charting as well as a full layout combining a watchlist with relevant news headlines.

2. Saxo — Best for multi-product options traders

Company	Overall Rating	Minimum Deposit	Average spread (EUR/USD) - Standard account
Saxo		$0	1.0 info

Saxo has been a fixture in the forex world since 1992 and is one of the few multi-asset brokers to offer both over-the-counter (OTC) and exchange-traded forex options under one roof. The broker took home our 2026 Annual Award for #1 Desktop Platform, with options trading deeply integrated into the SaxoTrader experience across web, desktop, and mobile. For traders who want flexibility on contract type without leaving the trade ticket, Saxo is hard to beat.

Versatile order ticket for options: What I like most about Saxo's forex options offering is that you can switch from spot forex to swaps to forex options right from within the trade ticket window when creating an order. On mobile, you can even toggle between forex CFDs, futures, forwards, and options from the same ticket. Picking a plain vanilla option loads a vanilla call contract by default, but you can then cycle through other contract types like one-touch or no-touch options.

Advanced options analysis: For more advanced strategies, Saxo has a dedicated options section under its markets categories. You can choose from 13 pre-defined options strategies, including Straddles, Strangles, Calendar Spreads, and Butterflies, or build custom multi-legged positions like net-credit and net-debit spreads. The platform also lets you analyze Greeks for more granular metrics, and an integrated risk graph shows the options payoff diagram.

A screenshot of the research experience on the SaxoTraderGO web platform.

SaxoTraderGO’s Research Overview distinguishes itself with high-level curated content, such as the "Trump 2.0" strategy hub, which helps investors navigate complex geopolitical shifts with expert analysis. This dashboard effectively pairs these strategic insights with granular market data, displaying customizable "My Markets" tiles and real-time performance lists for immediate tracking of top movers and global core themes.

3. CMC Markets — Best for forex forwards and OTC alternatives

Company	Overall Rating	Minimum Deposit	Average spread (EUR/USD) - Standard account
CMC Markets		$0	1.3 info

CMC Markets is a long-running multi-asset broker that earned Best in Class honors for Overall in our 2026 Annual Awards. Strictly speaking, it doesn't offer forex options. But it does offer a deep bench of adjacent products both off-exchange and on-exchange, including OTC options, forex forwards, and countdowns. The broker recently added OTC options on its CFD platform across U.S. and EU stock indices, with more assets expected.

Forward contracts: CMC Markets offers more than 210 forward contracts, including 92 on commodities, 66 on indices, and 37 on treasuries. For forex specifically, 16 forward contracts are available depending on the time of year, since some contract dates may not yet be tradable. Expiration dates run from the current month out to three months.

Exchange-traded options: CMC Markets offers both cash-settled and deliverable exchange-traded options (ETOs) through its CMC Invest brand in Australia, accessible via the Pro and desktop platforms. These aren't available on the Next Generation platform, which handles forex CFDs and forwards. The range of strategies you can run depends on your tier. Tier 1 covers basic puts, calls, and simple strategies, while Tier 4 unlocks advanced multi-legged positions including naked puts and calls.

Full screen of the Next Generation web platform on CMC Markets.

The layout of the CMC Markets Next Generation web platform including open windows for a watchlist of indices, multiple charts, product library, market calendar, insights, and positions.

4. Interactive Brokers — Best for advanced forex options traders

Company	Overall Rating	Minimum Deposit	Average spread (EUR/USD) - Standard account
Interactive Brokers		$0	0.226 info

Interactive Brokers (IBKR) earned our 2026 Annual Award for #1 Range of Investments, with options markets across 170+ centers in 36 countries available from a single account.

Its flagship Trader Workstation (TWS) offers one of the most comprehensive options toolsets in the industry, including an integrated ORATS backtester with over 180 million pre-built backtests across 100+ symbols, a chain that automatically recognizes multi-leg trades as you build them, and a delta-neutral toggle that attaches hedging shares for you.

The newer IBKR Desktop platform delivers similar analytical depth in a cleaner interface, with a six-leg strategy builder and a full performance profile showing Greeks, P/L graphs, and percentage-move scenarios. One limitation to keep in mind for U.S. clients is that retail forex (using margin) and forex options are restricted to Eligible Contract Participants.

5. Charles Schwab — Best for U.S.-based forex options traders

Company	Overall Rating	Minimum Deposit	Average spread (EUR/USD) - Standard account
Charles Schwab		$0	1.27 info

Charles Schwab inherited thinkorswim through its TD Ameritrade acquisition, and the platform remains one of the most respected options trading destinations in the U.S.

The desktop options chain is fully customizable, supports multi-leg orders, and surfaces detailed options statistics including product depth visualizations of the Greeks and implied volatility per expiration. Forex options traders also benefit from thinkorswim's integration of economic data covering interest rates, employment, and international markets directly within the charting tools, making it easier to align macro context with options structure.

For currency-options exposure, Schwab offers options on currency futures like the Micro GBP/USD Futures (/M6B). The important thing to keep in mind with Schwab is that forex trading is available only to U.S. residents, and only through thinkorswim.

6. AvaTrade — Best for beginner forex options traders

Company	Overall Rating	Minimum Deposit	Average spread (EUR/USD) - Standard account
AvaTrade		$100	0.93 info

AvaTrade offers 44 forex options through AvaOptions, its dedicated forex options platform powered by Sentry Derivatives. The mobile app stands out for its visual approach to strike price selection. Strikes overlay directly onto the chart, and you can drag them higher or lower to adjust.

AvaOptions also includes 14 default options strategies that auto-populate the order ticket once selected. For risk management, AvaTrade's AvaProtect feature lets you partially hedge an open spot position with a forex option for an added cost. AvaTrade won Best in Class for Education and Beginners in 2026, making it a strong starting point for new options traders. Access to AvaOptions requires a $1,000 minimum deposit, and the desktop version is Windows-only with a dated interface.

How to trade forex options

1. Understand puts vs. calls

Forex options can be powerful trading tools, but they require a working knowledge of how the contracts behave, the terminology, and the strategies traders use to express different market views. Here's a step-by-step framework for getting started.

All forex options are either puts or calls. Holding a put option conveys the right to sell, while holding a call option conveys the right to buy.

The holder (buyer) of a put option has the right to sell the underlying asset at a specified strike price on or before expiration. A put option is a bearish (short) position that profits when the cost of the underlying decreases.
The holder (buyer) of a call option has the right to purchase the underlying asset at a specified strike price on or before expiration. A call option is a bullish (long) position that profits when the cost of the underlying increases.

For example, a trader expecting the EUR/USD to fall by a specific date may purchase a put option. A trader expecting EUR/USD to appreciate by a specific date may purchase a call option. In both cases, the option should have enough remaining time-value to cover the trader's forecasted time horizon.

2. Learn the key terminology

Before placing your first trade, make sure you understand these seven core terms:

Strike Price - The price level the contract can be exercised at (i.e., exercise price)
Time Value - The portion of the premium represented by any remaining time
Spot Price - The current market price of the underlying asset
Premium - The value of time remaining plus any positive difference between spot and strike price
Break-Even Level - The difference between the Spot price and any time value
Intrinsic - The positive difference between the strike price and underlying spot price
Extrinsic - The negative difference between the strike price and the underlying spot price

3. Choose your option type

Beyond plain-vanilla puts and calls, there are several exotic forex option types worth knowing about:

Average rate options
Barrier options (turbo warrants, touch brackets)
Swaptions (converts to a swap position)
Currency warrants (long-term options)
Binary options (Digital 100s)
Countdowns

Some forex options lose value if the underlying spot price touches a barrier level, such as a turbo warrant. For example, if a turbo call option trades at a level below its strike price (i.e., breaking its barrier), it becomes worthless even if the price recovers before expiration. Other forex turbos may have a barrier level that differs from the strike price, or a barrier that only activates at a specific time, such as after one touch.

4. Check your approval level (U.S. traders)

Selling puts or calls to open a position will generally require considerably more margin than buying puts or calls. Forex traders in the US are required to get approval for that level of options trading, across the following four tiers:

Level one options trading: Default level, includes protective puts and covered calls
Level two options trading: Buying options (puts or calls)
Level three options trading: Credit and Debit spreads (defined risk/reward)
Level four options trading: Naked position (undefined risk)

5. Pick a strategy

Depending on what you are expecting in the market for a given forex pair and time-frame, there are over a dozen popular strategies used to establish an options position with predefined risk in anticipation of specific market behavior. Some of the most common include:

A combination position includes more than one option in the same contract at the same time.
A straddle (or strangle) combines writing (or purchasing) both a put and call at the same strike price (or different strike prices) and the same expiration date.
A spread position is one where you are both the buyer and the writer (seller) of the same type of option, although strike price and expiry dates can be different.

6. Weigh the advantages and risks

Forex options offer several advantages not found in other forex instruments:

Pre-defined risk when buying options
No chance of a margin call or getting liquidated (except for Turbo or Barrier options)
Can be used to offset or fully hedge an existing position
A combination of options can create highly specific trading strategies
Have pre-defined time remaining until expiry

That said, all types of forex options trading should be considered high-risk investments. This holds true whether you are trading out-of-the-money options that have a higher probability of expiring worthless, or trading options that are deeply in-the-money with lower probability of expiring worthless. In all cases, forex options are risky, complex financial instruments, and even if you understand them well, they may not be suitable for everyone.

7. Walk through a sample trade

The profitability of a forex options trade depends on the strike price relative to the underlying market, the prevailing spread, the scope of any intrinsic and/or extrinsic value remaining in its premium, and the difference between these values when entering the market. The net result will be either a profit, loss, or break-even when factoring in the cost of the trade.

Here's a worked example. An investor expecting that the EUR/USD will appreciate above 1.1500 may purchase an American-style call option with a strike price of 1.1500. After fees, their break-even point might be 1.1550. The EUR/USD would need to move higher than 1.1550 before expiration for the option to be profitable.

One note on exercise style: European-style options can only be exercised upon expiration, not before, though the contract can still be exited early with a profit or loss. Compared to an American-style option, improvements in the underlying price will not always reflect as quickly (or at all) in the value of the options premium, even when all other things are equal (strike prices, spreads, contract size, etc.).

FAQs

What is the best broker for trading forex options?

IG is my pick for the best forex broker for options trading. IG offers exchange-traded as well as off-exchange (over-the-counter) options across a number of global marketplaces, along with Turbos and other exotic options that cater to a wide variety of investor risk appetites. In the U.S., IG offers exchange-traded options through its tastytrade subsidiary. In the EU, IG operates a Multilateral Trading Facility (MTF) for its exchange-traded forex options. It's also worth noting that the off-exchange OTC options available at IG feature versatile contract sizes compared to the standardized contracts you'll find on exchanges.

Are forex options cash-settled?

Almost all forex options are cash-settled, meaning no delivery takes place. This makes them convenient to trade in the same way investors trade non-deliverable spot forex, similar to CFD trading.

Can retail traders buy forex options?

It depends on the broker. Some brokers require that you be a professional client to trade certain options products, such as Digital 100s (binaries). Others offer forex options alongside FX forwards, currency futures, and forex CFDs that are available to retail traders. Check the product availability at any specific broker before opening an account.

Our testing

Why you should trust us

Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.

How we tested

At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

Mobile testing is conducted on modern devices that run the most up-to-date operating systems available:

For Apple, we use MacBook Pro laptops running macOS 15.3, and the iPhone XS running iOS 18.3.
For Android, we use the Samsung Galaxy S20 and Samsung Galaxy S23 Ultra devices running Android OS 15.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser.

Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.

star_rate ForexBrokers.com Overall Rankings

Now that you've seen our picks for the best brokers on this guide, check out ForexBrokers.com's overall broker rankings. We've evaluated 32 forex brokers, using a testing methodology that's based on 100+ data-driven variables and thousands of data points. Also take a look at our full-length, in-depth forex broker reviews.

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Traders choose Admiral Markets (Admirals) for its excellent investor education and advanced MetaTrader features.

Steven Hatzakis May 04, 2026

TD Ameritrade Review

TD Ameritrade’s thinkorswim platform offers over 70 tradeable currency pairs alongside a plethora of impressive tools, research, and education.

Steven Hatzakis May 04, 2026

Fineco Review

FinecoBank is a trusted multi-asset broker offering forex and CFDs across its brands regulated in the U.K. and Italy.

Steven Hatzakis May 04, 2026

HFM (HF Markets) Review

Alongside quality research and MetaTrader offering, HFM (HF Markets) offers a proprietary copy trading platform, HFcopy, as well as a decent selection of nearly 1,000 CFDs (including 100+ forex pairs).

Steven Hatzakis May 04, 2026

Trading 212 Review

Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading.

Steven Hatzakis May 14, 2026

FXCM Review

For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading.

Steven Hatzakis May 04, 2026

About the Editorial Team

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

John Bringans is the Managing Editor at ForexBrokers.com. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

Best Forex Options Brokers for 2026

Which forex brokers can I open an account with?

Best Forex Brokers for Options (Turbos)

Top picks for forex options

1. IG — Best broker for trading forex options

Steven's take

2. Saxo — Best for multi-product options traders

3. CMC Markets — Best for forex forwards and OTC alternatives

4. Interactive Brokers — Best for advanced forex options traders

5. Charles Schwab — Best for U.S.-based forex options traders

6. AvaTrade — Best for beginner forex options traders

How to trade forex options

1. Understand puts vs. calls

2. Learn the key terminology

3. Choose your option type

4. Check your approval level (U.S. traders)

5. Pick a strategy

6. Weigh the advantages and risks

7. Walk through a sample trade

FAQs

What is the best broker for trading forex options?

Are forex options cash-settled?

Can retail traders buy forex options?

Our testing

Why you should trust us

How we tested

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About the Editorial Team