0 Commission* Options Trading

Access to full US options market and index options with multiple option trading strategies in our easy-to-use app. Applicable to eligible clients. T&Cs apply.

Exclusive Offer

No Minimum Fees
For Options Trading

Your No.1 Choice For US Options Trading

Numerous Choices

Access to full US options market and index options including VIX, SPX, OEX and more.

Multiple Option Strategies

Support long/short single option, covered call, vertical, and more.

Advanced Order Types

uSMART provides various advanced tools. With Grid Trading order to automate your buys and sells.

Ultra-Low Cost

Commission fee as low as USD $0.20 per contract. Platform fee from USD $0.30 per contract.

Real-Time Data

Free US option streaming quotes and index options quotes.

Simplified And Curated Mobile App

Customizable option chain makes it easy to get all relevant information at a glance.

US Options Fee Comparison

Broker

Commission

Platform Fee

uSMART

USD 0.20 / Contract
no min fees*

USD 0.30 / Contract
no min fees*

Broker A

USD 0.65 / Contract
min USD 1.99 / Order

USD 0.30 / Contract
min USD 0.99 / Order

Broker B

USD 0.65 / Contract
min USD 1.99 / Order

USD 0.30 / Contract
min USD 1.00 / Order

*Fees vary for different uSMART account types. For more information, please visit the pricing chart.

Disclaimer: The above Comparison Chart is for illustration purposes only and and may vary from time to time.

24x5 Trading For SPX, XSP And VIX Options Is Available

Thanks to the Cboe's extended global trading hours, investors can trade S&P 500 Index (SPX) options, Cboe Volatility Index (VIX) options and Mini-SPX Index (XSP) options to nearly 24 hours a day, five days a week. With extended global trading hours (GTH), investors can react fast to market-moving events that unfold before and after regular U.S. trading hours.

Get Instant Cash Vouchers When you Deposit and Trade!

Find out more.

Why Trade Options with uSMART?

Leverage
Options allow traders to control decent size positions for as little as a few hundred dollars.
Minimal Time
Unlike day traders, you are not sitting in front of your monitor watching all the flashing quotes.
Hedge Position
To potentially generate income depending on whether you are bullish, bearish, or neutral.
Limited Risk
Trader can set up strategies where the risk of loss is minimized.

Multiple Option Trading Strategies To Choose

Multiple option trading strategies to choose from on uSMART, including long/short single option, covered call, vertical, straddle, strangle and more.

Long Call
Long Put
Short Call
Short Put
Covered Call
Vertical
Straddle
Strangle

FAQs

What are options?
What is an Index Option?
What index options do uSMART app provide?
What are the risks of options?
Types of orders supported?
What is the minimum of options trading?

Disclosure:The risk of options trading is very high. In some situation, the loss bore by customers may exceed the initial margin deposit. Investors should understand the types of options (Call Options or Put Options) and the related risk they are planning to trade no matter they are buying or selling options. Regulatory and Exchange fees apply to options trades. If you want to know more details related to options trading, please go to the Help Center.