Options Brokers for LumiBot

Trade stock and ETF options from a LumiBot strategy or AI agent with one of these brokers. The strategy code stays the same; only the broker credentials change.

Strongly recommended: connect the free BotSpot MCP

Use Claude, ChatGPT, Codex or Cursor? Connect the free BotSpot MCP and your AI gets:

  • Strategy-building skills for LumiBot.

  • Free data: news, economic data and SEC filings.

  • Backtests with charts it can run and read for you.

  • Cheap scheduled deployments on BotSpot’s servers, so you do not have to keep your own computer or server running.

  • The community and marketplace: see what other people’s bots are doing, post your own, research strategies and publish yours.

  • Easy broker linking.

It also gives LumiBot’s own AI agents extra research tools inside your strategies. Connect it free at botspot.trade/agents · Why connect it

Options brokers

Broker

Also trades

Paper trading

Alpaca

Stocks, ETFs, crypto

Yes, free paper account

Charles Schwab

Stocks, ETFs

No separate paper account

Interactive Brokers

Stocks, futures, forex

Yes, IBKR paper account

Interactive Brokers (legacy TWS)

Stocks, futures, forex

Yes, IBKR paper account

Tradier

Stocks, ETFs

Yes, sandbox account

To backtest an options strategy, see Backtesting Data Sources.

Frequently asked questions

Which brokers can a LumiBot strategy trade options with?

Alpaca, Charles Schwab, Interactive Brokers (REST and legacy TWS) and Tradier. Each guide shows the keys or login the broker needs.

Can I paper trade options before using real money?

Yes on Alpaca, Tradier and Interactive Brokers, which all offer paper or sandbox accounts. Schwab has no separate paper account.

Do I need to change my strategy code to switch options brokers?

No. The strategy uses the same LumiBot order and asset methods on every broker. You change the broker settings, not the strategy.

Can an AI agent trade options with LumiBot?

Yes. A LumiBot AI agent strategy can research and place options orders on any of these brokers. See Build AI Trading Agents in Python with LumiBot for how AI agent strategies work.

How do I backtest an options strategy?

Use a backtesting data source with options history, listed on Backtesting Data Sources. You do not need a broker account to backtest.