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Best Options Trading Platforms of 2026 hero
Investing · Rankings

Best Options Trading Platforms of 2026

By Juan Hurtado, Editor-in-chief
Updated Apr 10, 2026
10 min read

Choosing the right broker matters for your long-term financial health. DollarScout evaluated the top brokers on fees, ease of use, feature set, and customer support to help you find the best fit for your needs in 2026.

Quick summary

Our top 5 picks

1
Best zero-commission options
Webull
4.3 / 5.0
2
Best options analysis tools
E*TRADE
4.4 / 5.0
3
Best for simple options
Robinhood
4.5 / 5.0

The rankings

5 products compared
1
Webull
· Best zero-commission options
4.3/5
2
E*TRADE
· Best options analysis tools
4.4/5
3
Robinhood
· Best for simple options
4.5/5
4
M1 Finance
· Best for covered calls
4.1/5
5
Public
· Most beginner-friendly options
4.2/5

Side-by-side comparison

Every product across every metric we scored.

Feature
#1
Webull
#2
E*TRADE
#3
Robinhood
#4
M1 Finance
#5
Public
DollarScout rating 4.3 / 5.0 4.4 / 5.0 4.5 / 5.0 4.1 / 5.0 4.2 / 5.0
Best for Best zero-commission options Best options analysis tools Best for simple options Best for covered calls Most beginner-friendly options
Account minimum $0 $0 $0 $0 $0
Commissions $0 stocks / ETFs $0 stocks / ETFs $0 stocks / ETFs $0 stocks / ETFs $0 stocks / ETFs
Mobile app iOS + Android iOS + Android iOS + Android iOS + Android iOS + Android
Fractional shares — — — — —
Standout feature Competitive pricing Competitive pricing Competitive pricing Competitive pricing Competitive pricing

Detailed reviews

In-depth look at every product on our list.

Best Overall · Editor's Choice
1
Ranked #1

Webull

4.3/5 4.3
DollarScout rating
Webull logo
Webull
Best zero-commission options

Webull stands out in the brokerage space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating brokers.

Visit Site
Read full review on Webull's website
Rating
4.3 / 5.0
Account minimum
$0
Fees
$0 base
Standout
Competitive pricing

Standout features

  • Competitive pricing
  • Strong user experience
  • Solid customer support
DollarScout's take

Webull stands out in the brokerage space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating brokers.

Pros

  • Competitive pricing
  • Strong user experience
  • Solid customer support

Cons

  • Some advanced features locked behind paid tiers
  • Limited international coverage
Visit Site Read full Webull review
Our pick for best options analysis tools
2
Ranked #2

E*TRADE

4.4/5 4.4
DollarScout rating
E*TRADE logo
E*TRADE
Best options analysis tools

Etrade stands out in the brokerage space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating brokers.

Visit Site
Read full review on E*TRADE's website
Rating
4.4 / 5.0
Account minimum
$0
Fees
$0 base
Standout
Competitive pricing

Standout features

  • Competitive pricing
  • Strong user experience
  • Solid customer support
DollarScout's take

Etrade stands out in the brokerage space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating brokers.

Pros

  • Competitive pricing
  • Strong user experience
  • Solid customer support

Cons

  • Some advanced features locked behind paid tiers
  • Limited international coverage
Visit Site Read full E*TRADE review
Our pick for best for simple options
3
Ranked #3

Robinhood

4.5/5 4.5
DollarScout rating
Robinhood logo
Robinhood
Best for simple options

Robinhood stands out in the brokerage space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating brokers.

Visit Site
Read full review on Robinhood's website
Rating
4.5 / 5.0
Account minimum
$0
Fees
$0 base
Standout
Competitive pricing

Standout features

  • Competitive pricing
  • Strong user experience
  • Solid customer support
DollarScout's take

Robinhood stands out in the brokerage space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating brokers.

Pros

  • Competitive pricing
  • Strong user experience
  • Solid customer support

Cons

  • Some advanced features locked behind paid tiers
  • Limited international coverage
Visit Site Read full Robinhood review
Our pick for best for covered calls
4
Ranked #4

M1 Finance

4.1/5 4.1
DollarScout rating
M1 Finance logo
M1 Finance
Best for covered calls

M1 Finance stands out in the brokerage space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating brokers.

Visit Site
Read full review on M1 Finance's website
Rating
4.1 / 5.0
Account minimum
$0
Fees
$0 base
Standout
Competitive pricing

Standout features

  • Competitive pricing
  • Strong user experience
  • Solid customer support
DollarScout's take

M1 Finance stands out in the brokerage space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating brokers.

Pros

  • Competitive pricing
  • Strong user experience
  • Solid customer support

Cons

  • Some advanced features locked behind paid tiers
  • Limited international coverage
Visit Site Read full M1 Finance review
Our pick for most beginner-friendly options
5
Ranked #5

Public

4.2/5 4.2
DollarScout rating
Public logo
Public
Most beginner-friendly options

Public stands out in the brokerage space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating brokers.

Visit Site
Read full review on Public's website
Rating
4.2 / 5.0
Account minimum
$0
Fees
$0 base
Standout
Competitive pricing

Standout features

  • Competitive pricing
  • Strong user experience
  • Solid customer support
DollarScout's take

Public stands out in the brokerage space for its balanced feature set and approachable onboarding. It's a strong default choice for most consumers evaluating brokers.

Pros

  • Competitive pricing
  • Strong user experience
  • Solid customer support

Cons

  • Some advanced features locked behind paid tiers
  • Limited international coverage
Visit Site Read full Public review
Our methodology

How we scored every product on this list

Our rankings combine hands-on testing, public filings where applicable, and verified user feedback. All brokers are regulated by the SEC and FINRA.

Every ranking combines hands-on testing, public filings where available, and verified user feedback. Read our full methodology for the complete scoring rubric.

JH
Written by
Juan Hurtado
Editor-in-chief, 10+ years in finance
Updated Apr 10, 2026