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Not sure how many brokers you have applied to lately but - TDA, Fidelity, Webull, Interactive Brokers, Tasty works, ETrade, and more all make options just as a
by nightski 6y ago
Not sure how many brokers you have applied to lately but -
TDA, Fidelity, Webull, Interactive Brokers, Tasty works, ETrade, and more all make options just as accessible as RH.
- subsaharancoder 6y agoWhen I applied to enable Options trading on my Fidelity account, I had to wait 3 days plus they sent me a booklet which looked like it was printed in the 80s about the risks of options trading, they also pointed me to a section on their site with tutorials about options trading once they had enabled my account. By the time they were done I was rethinking my plan to trade options :-)
- pc86 6y agoHow long ago was this? I opened both Fidelity and E*Trade brokerage accounts in the last 3 weeks and it took minutes to submit options applications for both, at max levels. ET was approved instantly and Fidelity the next day. Not a single piece of paper from either one.
- curryst 6y agoDepending on how much money you are putting in your account, you might be getting a different reaction. It also might depend on the product; I think Fidelity has at least 2 different types of trading accounts (I think one is paid). The paid one may not have as many guardrails.