I'm looking for a commodities OPTIONS broker 1- online trading 2- Metal,energy,soft,etc options 3- LOW fund requirement 4- low margin 5- decent commissions 6 - Reliable thanks
If you are naked shorting futures options no broker will give you margin lower than SPAN margin. If you are naked shorting futures options no reliable broker will give you a "LOW fund requirement".
Oops, I was misled -- I was looking at IB's margin page for options (http://www.interactivebrokers.com/en/p.php?f=margin). They list the margin requirement for stock, index, and currency options but not futures options. But on their products page they do list options on futures.
I had an account with Ib in the past.... too much fees. Span margin is Ok, . but there's brokers who ask you to keep higher funds levels, when you are not using them, or overnight margin x3.