Direct answer
“Selling forex options” is not something you can assume is available just because a platform offers forex trading. In most trading systems, selling options (often described as placing a sell-to-open options order) requires that your account is approved for options trading and that the platform specifically offers forex options as a tradable instrument. If either the instrument is not listed or your account lacks the required permissions, you generally cannot sell forex options.
How “selling forex options” works (and what must be true)
Forex options are derivatives based on an underlying currency pair. “Selling” an option normally means you take the other side of an options contract by opening a position with a short option exposure.
For a provider to allow this, two conditions typically must both hold:
- The platform must support placing orders for that instrument type (forex options, not only spot forex).
- Your account must be enabled for options trading permissions (the platform must allow you to open short option positions through the order ticket).
This distinction matters because some platforms may provide option pricing information, educational examples, or limited order types, but still block opening positions that create short option exposure.
Independent checks you can do in the platform (without relying on assumptions)
Because provider rules can vary by region and account setup, you can verify with a few practical checks:
- Instrument search: In the platform’s market/instrument list, look for “forex options” (or the exact option product naming used in the interface). If the instrument category is not present, selling forex options cannot be enabled.
- Order ticket options: Try creating an order for the instrument category you believe is “forex options.” If the order ticket only supports certain actions (for example, “buy only”) or does not offer a sell-to-open / short position workflow, selling may be disallowed.
- Permissions and account settings: Check account or trading permissions pages for “options” approval. If options trading is not enabled, the platform commonly prevents order placement even when the instrument exists.
If your checks show that the platform lists forex options and your account permits option trading with sell-to-open functionality, then “allow to sell forex options” is effectively satisfied for your account. If not, it is not.
Limitations and uncertainty
This article provides general, non-provider-specific explanation. No live policy, product catalog, or current permissions from “Tradeking” is included here, so exact availability can change and can differ by country and account type. Even if a platform supports forex trading, it does not automatically imply it supports selling forex options. To be certain, rely on the platform’s instrument list and your account’s displayed permissions, since that is the only independently verifiable indicator for your specific situation.