Hi ! Dear friends, I neved had an account at US/international options brokers, while trading options on futures at exchange in my country(I live in Europe) for last 2 years. So could you please give suggestions , what US/international options broker has the most easy and light requerements for new traders for naked short trading? any reasonable broker suggestion more than welcome thanks Mike
I think IBKR allows naked from the start. Most US brokers publish high requirements but are negotiable. Most will expect a balance from 10k to 25k USD. Essentially theres IBKR and theres institutional. Most just fill a pressing need that IBKR is lacking.
Unfortunately IBKR US won`t open accounts anymore for Europeans, but only at their UK firm. Other brokers (like Tos) don`t accept european accounts also. Last not least I know of not one US broker allowing trading of options on non-us futures. Regards
What's wrong with IB UK ? U'll get exactly the same deal as with IB US, afaik, even the same contact numbers.
ОК, thanks for hint, but if possible, more suitable brokers. (I don't need options on non-us futures, need mostly options on us-futures and on stocks) https://www.interactivebrokers.com ? ? ? please provide more hints for brokers thank you guys !!!
OptionsXpress ThinkorSwim Trademonster MBTrading This is just for the US. Picking up the phone is better than emails. If you can't negotiate naked shorting with any of those, you can forget about that idea.