Broker
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.
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.
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.
Multiple option trading strategies to choose from on uSMART, including long/short single option, covered call, vertical, straddle, strangle and more.
Only Simple Steps To Start Your Options Trading Journey
Options Basics
Options contracts are agreements between a buyer and seller which give the buyer the right to buy or sell a particular asset at a later date...
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Options Chain
An option chain is a chart that provide in-depth information about all options contact.
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Big Four Options Trading
Explore the four fundamental concepts of Options Trading, which include Call, Put, Long, and Short.
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Covered Call Option
A covered call, is a combination of a long position in the underlying stock and a short call position.
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Vertical Spread Option
It is a strategy where investors can reduce the premuim payment required in debit spreads and minimise their risk associated with credit spreads.
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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.