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Platinum trimethyl iodide is a white solid, stable in air, and one of the first organometallic complexes prepared. It can undergo a number of Pt-I bond breaking reactions, such as hydroxyl substitution to form [(CH3)3PtOH]4.

They are used as catalysts in organic reactions. It is used in chemical, organic Intermediates research. They are used as platinum group compounds for the preparation of materials suitable for industrial applications, mainly in electronics as coatings.

Iodotrimethylplatinum (IV) can be prepared by the reaction of potassium chloroplatinate and magnesium methyl iodide.