| Broker | Fees | Pros | Cons | Get Started |
|---|---|---|---|---|
|
🏦
|
$0.65 per contract (leg) | ✅ $0.65/contract — industry lowest ✅ Direct access to all exchanges ✅ Multi-leg spread support ✅ Margin rates best-in-class |
⚠️ TWS interface steep learning curve ⚠️ Order entry slower than Tastytrade ⚠️ No built-in options analyzer like Tastytrade |
Open IBKR Account →
Up to $1,000 IBKR stock bonus
|
Fees: $0.65 per contract (leg)
Open IBKR Account →Step-by-step guide to setting up Interactive Brokers API paper trading. Test your algo strategies risk-free with TWS and IB Gateway before going live.
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