Options Trading Tutorial

Which online broker offers no minimum start up fund for option trading ?

I'm student and i want to start trade option and i need to know which online broker offers no minimum start up fund meaning 100% of the fund will be used for the underlying securities. I realize that OptionXpress do not have minimum start up requirement but they need margin account of minimum of $2000 for buying naked put. Anyone who know about these please do come forward and explain, thank you.

Public Comments

1. How can you buy and sell options without money? You could paper trade without money. Once you have an account number. I think you would not have to fund your account for that. I paper traded for about a year with $200,000 play money. Aft3er one year I had $400,000. So I borrowed $65,000 on an interest free credit card for a year. In one year, I lost it all. The 'trader effect'. There is a lot to learn. It would have been best if I had started paper trading with a realistic amount, I think. OptionsExpress has a nice learning program. Good luck.
2. Everyone seem to suggest Sharebuilder but it isn't the top of the line far as analyst tool.
3. In the UK you can have a credt account for options. This means you put up the margin as and when required. It won't allow you to write options though. Also we require you have a reasomable income, savings and a knowledge of option trading. Your application is usually accepted or declined on a point scoring basis using the above information. I don't know about US. I am thinking of IG Index or City Index
4. yehh