OptionWeb Alternatives: Pros, Cons, And How It Compares 2024 Update
This alternatives to OptionWeb guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to OptionWeb to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to OptionWeb like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their clients. If you feel that OptionWeb is not quite right for you then it would be worth getting a demo account with some of the best OptionWeb alternatives and ensuring that they are a better fit for you before moving any money around.
The most in depth guide to OptionWeb alternatives on the web
There's a lot of reasons OptionWeb may not be a good fit for you. Whatever reason you are looking for a better OptionWeb alternative or OptionWeb competitor with better services, we try to give you as much useful information so you can find what it is you need. Below you will find the top OptionWeb alternatives.
For each of our alternative to OptionWeb, we also highlight the key differences to OptionWeb and for each section show you the best alternatives. For every OptionWeb alternative trading platform shown we also have detailed broker reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unimpressed with OptionWeb, we can show you some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Using a professional and dependable trading platform is vital to having a successful trading career. All of the OptionWeb alternative platforms we list in this OptionWeb alternatives guide have good reputations and can fit what you are looking for.
Alternatives With Lower Minimum Deposit
OptionWeb has a minimum desposit of $200, you can check how the minimum deposit requirements of OptionWeb compare with the minimum deposit requirements of OptionWeb competitors. Online brokers have lower minimum deposits to get users to join with them, but having higher a minimum deposit isn’t always a bad thing, it all depends on your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
OptionWeb |
$200 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| IC Markets |
$200 |
Alternatives Offering Demo Accounts
OptionWeb offers demo accounts so you can test your trading strategies before risking any real capital. Newbie traders can open a virtual portfolio account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before signing up for a live account.
Below we detail some of the best alternatives to OptionWeb that offer demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
OptionWeb |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
OptionWeb has negative balance protection. It is especially offered while the market volatility prevents customers from letting their account go in the red. In a situation like this, OptionWeb provides the ability to reset a clients account balance to zero.
You should go through the important terms and conditions on OptionWeb's website to understand their policies.
Below we detail some of the best alternatives to OptionWeb that has negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
OptionWeb |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
OptionWeb unfortunately, does not provide guaranteed stop loss. OptionWeb gives a chance to its traders to close their trades in their given price. Aside from that, OptionWeb doesn't offer guaranteed stop loss.
Below we detail some of the top OptionWeb alternatives that offer guaranteed stop loss available for their customers.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
OptionWeb |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
OptionWeb do permit scalping. Several traders throughout the world choose OptionWeb for their scalping services. They offer trading on Binary, Tablet & Mobile apps which let this.
Below we show some of the best alternatives to OptionWeb that allow scalping functionality to their clients.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
OptionWeb |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
OptionWeb do permit hedging. Many traders across the world select OptionWeb for their hedging services. They offer trading on Binary, Tablet & Mobile apps.
Below we detail some of the best alternatives to OptionWeb that offer hedging services to their customer base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
OptionWeb |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Regretably, OptionWeb does not offer social trading.
Below we detail some of the top OptionWeb alternatives that have social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
OptionWeb |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Unfortunately, OptionWeb does not offer copy trading.
Below we detail some of the top OptionWeb alternatives that allow copy trading to their customers
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
OptionWeb |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
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