Options Trading Platform reviews from Reddit
Summary
We analyzed 196 Reddit reviews across 18 subreddits and 32 posts to rank the best Options Trading Platform brands recommended by redditors, including communities like r/options, r/thetagang, r/optionstrading, r/Daytrading, r/WSBAfterHours. Top-rated brands include Thinkorswim (4.1/5), Tastyworks (4.5/5), Interactive Brokers (4.2/5).
Stats
Reviews196
Subreddits18
Posts32
Brands53
Products23
196 reviews from
and
By Brand
/By Product
#1
Thinkorswim
4.1
(31)
"Thinkorswim is an excellent trading platform!"
"TOS You can add your own custom metrics and calculations on the option chain"
"It is the best platform overall."
"ToS is excellent for charts and options chain."
"Added benefit of having papermoney to practice strategies."
"Another vote for TOS. The fills are 👌 as well"
"It’s made for trading and has more seamless usability and user-friendly resources and tools integrated into it than any of the other platforms around right now."
"TOS is a must for multi-leg options positions."
"TOS is the best for serious traders who want it all in one platform."
"TD Ameritrade has a platform called ThinkorSwim."
#2
Tastyworks
4.5
(24)
"Tastyworks is pretty fuckin great."
"Tastyworks offers great liquidity and earnings time frame."
"Tastyworks hands down easy and quick plus instant deposits"
"The more i use tastyworks the more I like it"
"For Newbies or those who want an intuitive user interface then hands down Tastyworks."
"Tastyworks offers a user-friendly platform for trading."
"Tastyworks will likely give you the highest options privileges."
"Tastyworks"
"Tastyworks is the best by far for options."
"Very straightforward application compared to IB and interface is more intuitive and easy to use. Plus, TW charges much lower fees and has much better margin requirements."
#3
Interactive Brokers
4.2
(14)
"They are by far better than Questrade for both options and stocks."
"I moved to ibkr late last year and am happy."
"IBKR."
"Ikbr hands down"
"IBKR."
"IBKR is the only option, everyone else is overpriced"
"Interactive brokers for order execution"
"For options, look at IBKR."
"IBKR."
"If you plan to trade at volume you should probably consider IBKR."
#4
IBKR
4.1
(13)
"Interactive Broker has very low fees, and good platform (TWS) to trade options."
"Great trading platform!"
"IBKR is significantly better than Questrade, which is very expensive for options."
"Interactive Brokers is widely considered the best brokerage for options, especially for selling naked options with minimal collateral."
"Check out IBKR or Mandatum Trader."
"IBKR is decent and has the cheapest commissions for futures and options."
"Interactive Brokers is known for its comprehensive services."
"IBKR is the best but a lot of people dont like the old school interface. If you can get by that the commissions and system is great."
"IBKR"
"IBKR"
#5
TD Ameritrade
4.1
(11)
"A very simple UI, self explanatory and their Think or Swim software/app is top notch."
"I love it."
"Thinkorswim is a powerful trading platform with great features."
"Best platform: TDA/tos."
"TD Ameritrade is known for its favorable services compared to newer brokers."
"I really enjoy think or swim through TDA."
"They have several platforms including ThinkorSwim which was started by the same guy who went on to create tastytrade."
"TD AMeritrade/TOS"
"I use TOS. But I've seen positive comments about both TOS and TW."
"TD if you can get reduced commissions."
#6
TastyTrade
4.2
(10)
"Just switched to tastytrade and it’s the best."
"For me it’s the best and easiest to trade options with."
"Tasty was made by the creators of ToS."
"Tasty’s platform is significantly better for options."
"Switched to TastyTrade when my TDA account moved to Schwab."
"Tastytrade web platform is a good alternative if the desktop version isn't working."
"Great customer support, but charting was not the best."
"Tasty Trade provides excellent educational resources for traders."
"TOS is great, but I like watching the content/shows at Tastytrade 😎"
"I enjoy the Tasty Trade."
#7
Webull
3.5
(11)
"Webull by far is the simplest trading."
"I really love Webull"
"Webull is the 🐐"
"I’ve found WeBull to be pretty great with 0 commission and great charting tools."
"Webull has a DOM for options and decent charting, making it a good choice."
"Webull"
"I like Webull. Not sure if it's the best but simple and easy to use."
"Webull offers commission-free trading."
"Webull has poor customer service and buggy apps, making it less reliable."
"You also can’t roll options."
#8
E*Trade
3.9
(9)
"The software works well with calendar spreads and is competitive on fees."
"E*Trade offers a user-friendly interface."
"For selling covered calls, it's tough to beat the simplicity and negligible fees."
"E*Trade offers a user-friendly platform that many find appealing."
"Impressive platform for casual trading with great mobile functionality."
"I can only comment on ETrade. Good options tools and stock screeners."
"Good options tools and stock screeners. I do think their charting tools are superior and easier to use than TD Ameritrade."
"I use E*Trade. If you are interested in a good live training and alert service let me know."
"Overall not the world's worst, but IMHO ETrade blows."
#9
Robinhood
2.3
(12)
"I like Robinhood."
"Robinhood is easiest to use, and they have no fee for option trading."
"Robinhood is a lower-cost option but may have limited strategies."
"Robinhood"
"I like pretty colors and user friendly UI reason I use robinhood."
"Use robinhood for transactions because there are no commissions."
"Robinhood is like the Wild West, allowing anyone to trade options without proper risk management."
"Robinhood is a dumpster fire. Avoid like the plague."
"Robinhood has been in trouble plenty of times before GME."
"Not robinhood"
#10
TradeStation
4.2
(6)
"Excellent platform for serious traders."
"Tradestation seems pretty decent and has a DOM for trading options."
"TradeStation is another well-regarded platform."
"Check out Aries powered by Tradeststion."
"I'm considering switching to Tradestation because it allows to invest in crypto in Roth IRA."
"TradeStation!"
#11
Fidelity
3.0
(5)
"Great full-service broker for buy and hold."
"Fidelity offers reliable services and high standards for options trading."
"Fidelity's ATP is clunky but I enjoy it, fills are fast, tons of data."
"Options trading on there is truly awful."
"Good God that thing is awful. Basically unusable for options."
#12
Questrade
3.7
(3)
"If you just want to day trade options then IKBR is more suited for that."
"Happy with it."
"QT allows closing options only until 2 PM, which is less favorable for 0DTE options."
#13
Lightspeed
5.0
(2)
"Love that platform."
"Great for serious trading."
#14
5.0
(2)
"I really love Webull"
"Is the best for options"
#15
Tasty
3.0
(3)
"Tasty wins for me with ease of use, visualizing my trades, and seemingly better fills."
"Any platform recommendations for trading crypto option contracts?"
"I tried with Tasty but they don't accept payments until now from here."
#16
Charles Schwab
4.0
(2)
"Established brokers like Schwab have high standards for options approvals and better services."
"Im with schwab and they are $8.95 plus $0.75 per contract but i get great fills and free trades every once and awhile."
#17
Synquote
4.0
(2)
"Looks pretty good and a friend told me it’s the easiest"
"Friend told me they like it a lot"
#18
Shoonya
5.0
(1)
"For me its always Shoonya , as they are like RohinHood with no charges at all"
#19
Ingot Brokers
5.0
(1)
"I would recommend checking out Ingot Brokers."
#20
TT
5.0
(1)
"TT is by far the best platform for option traders."
#21
Ameritrade
5.0
(1)
"Thinkorswim on Ameritrade is the only choice."
#22
ORATS.com
5.0
(1)
"ORATS.com offers a comprehensive broker-neutral platform with excellent features for managing multiple brokers."
#23
VPN
5.0
(1)
"Comfortable with split second decisions on BingX within 30 mins."
#24
CBOE Livevol
5.0
(1)
"CBOE Livevol is the best for me."
#25
Market Chameleon
5.0
(1)
"Market Chameleon is great for starting your search."
#26
EliteX
5.0
(1)
"EliteX is beginner-friendly with a great UI and offers 50% off trading fees when using their token."
#27
Deribit
5.0
(1)
"Deribit for options bro."
#28
Binance
5.0
(1)
"I would say binance. Been using it for 2 years never got anything negative for me."
#29
Bybit
5.0
(1)
"Bybit is the best I’ve come across by far."
#30
Options Profit Calculator
5.0
(1)
"I made an app for this if I’m understanding what you’re looking for"
#31
OptionsXpress
5.0
(1)
"I looooove and used optionsxpress.com for the past 15 years but they are going to close down in a week after being bought by Schwab... sigh..."
#32
Tradier
4.0
(1)
"Tradier is a cost-effective trading platform."
#33
OptionsHouse
4.0
(1)
"Good commissions and a solid platform."
#34
Scalable Capital
4.0
(1)
"We would recommend Scalable Capital."
#35
Mandatum Trader
4.0
(1)
"Check out IBKR or Mandatum Trader."
#36
TradingView
4.0
(1)
"Just do your charting on a tradingview and trade on rh."
#37
Barchart
4.0
(1)
"BARCHART has some great screening tools."
#38
Eroom Securities
4.0
(1)
"Here are 12 platforms to choose from - www.eroomsecurities.com/#platforms"
#39
Interactive Traders
4.0
(1)
"Interactive traders offer 1.5% interest on margin instead of 9% on every other platform."
#40
Fineco Bank
4.0
(1)
"Fineco bank"
#41
eToro
4.0
(1)
"Etoro"
#42
Trading 212
4.0
(1)
"Trading 212"
#43
E-Trade
4.0
(1)
"What are your thoughts on e-trade?"
#44
Degiro
3.0
(1)
"Degiro has options"
#45
E*Trade Pro
3.0
(1)
"Personally I like the options chain on etrade pro."
#46
Firstrade
3.0
(1)
"Firstrade is another lower-cost trading platform."
#47
Moomoo
3.0
(1)
"Moomoo is a newer platform with competitive features."
#48
TradeUP
3.0
(1)
"TradeUP is a rising platform worth exploring."
#49
TD
3.0
(1)
"The second is TD but they charge money for option."
#50
TradeZero
3.0
(1)
"Not the cheapest ($1 per contract for both opening and closing)"
#51
OptionHouse
3.0
(1)
"Look into optionhouse."
#52
Vanguard
2.0
(1)
"It sucks for options."
#53
Tradovate
1.0
(1)
"Don't get us started on Tradovate."
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