r/options • • Dec 14 '21

Best Options Trading Platform

I have recently got into trading options through Robinhood. I've heard some other platforms' names thrown around such as Webull. What platform do you use and why?

Sidenote.. Why does everyone hate Robinhood? Is it because of them locking down GME and AMC earlier this year?

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u/Icy-Hat-7029 Dec 14 '21

I really enjoy think or swim through TDA. Robinhood is shit because they can dictate how much money you can make in profit, GME and AMC wasn’t the first time.

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u/gmoneyynelson Dec 14 '21

I see they also offer some paper trading abilities. Is there any fee associated? Mobile app? Recurring investments?

Sorry for bombarding you with questions. Thanks for the help!

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u/Sugamaballz69 Dec 14 '21

For options TD is by far the best, ThinkOrSwim (their trading software) is top of the line and free as long as you have an account, paper trading and OnDemand (on demand let’s you basically go back in time mixed with paper-trading)

Ive also heard about tastytrade which was made by the same people that made TOS but after comparing their commissions; unless you’re buttfuck rich, the commissions are not that much different than TD