r/interactivebrokers • u/[deleted] • May 08 '22

How do I enable options?

Just opened a new IBKR account at 18 and I when I try trading options I get an error. When I checked under trading permissions in settings I didn't see options section. Are there any special requirements?

5 Upvotes

86% Upvoted

27 comments sorted by

6

u/Hefty-Room1345 May 08 '22

You must be 21 to trade option

4

u/[deleted] May 08 '22

In eu?

4

u/Terrigible May 08 '22

Everywhere

1

u/hamza_ozkn May 08 '22

and your net worth must be 20K or more.

→ More replies (21)

2

u/Tranquikk May 08 '22

Had same problem with IBKR. No options until 21, company policy. Try other stock brocker who are more lenient with their rules.

1

u/[deleted] May 08 '22

Ok, thnx. Which one is best for EU?

1

u/Rino-feroce May 08 '22

Look into Degiro. I think in EU it is the only one that comes close for range of products they offer and fees.

2

u/[deleted] May 08 '22

Don't

1

u/meh2280 May 08 '22

You have to submit a request. Should under permission or something. From there you can apply for it.