BeeOptions Guide – Read our In-Depth BeeOptions Review
This BeeOptions review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this BeeOptions review does not apply to US users.
If you're a new entrant in the world of trading and brokerage, so many details will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You will acquire proficient at all the concepts of broker since you keep trading. For starters, you have to select the ideal agent who will be clear with you always.
In this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment plan will create hefty returns. BeeOptions is one such platform that will take you and your investment into great heights. It is important to know all about BeeOptions until you trust them with your cash.
Our entire BeeOptions Review covers all you will need to know about trading using BeeOptions. A good agent can multiply your first investments and provide you favorable profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investing goals.
There is no sure-fire way to guarantee profits; therefore, you must carefully assess your agent before you select them. It's a frequent misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
BeeOptions is a broker which has paved its way successfully into the broker world. In this review, we have attempted to collate some of the vital facets of BeeOptions. This review can allow you to know whether BeeOptions is a good fit for your investments or not. We have attempted to breakdown all of the features and fees for your convenience.
BeeOptions Review, Table Of Contents
- Who are BeeOptions?
- Benefits Of Trading With BeeOptions
- Everything you should know about trading with BeeOptions
- Is BeeOptions Safe To Trade With?
- Pro's & Con's Of Trading With BeeOptions?
- Compare Brokers Similar To BeeOptions
- Regulation And Licencing In More Detail
- BeeOptions Awards
- Minimum Deposit Required For A Live Account With BeeOptions
- BeeOptions Commission And Fees Explained
- Compare broker fees against BeeOptions
- BeeOptions Withdrawal Fees Explained
- BeeOptions Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With BeeOptions?
- Alternatives To BeeOptions
- Frequently Asked Questions About BeeOptions
Who are BeeOptions?
BeeOptions is a forex broker headquartered in Cyprus and provides a range of instruments for trading. Since its start in 2004, BeeOptions has emerged as a top player in the industry of online broker. BeeOptions has a highly competitive and full-featured trading website that's focused on currency, indices, metals, stocks and commodities.
Over the past 17 years, BeeOptions has grown into one of the leading online brokers.
After launching in 2004, their client base is becoming as big as 10,000+ clients.
BeeOptions is the favorite for many dealers.. Our BeeOptions review found that they're an excellent choice for automated trading options. It is most appropriate for investors who are looking for an assortment of assets. Social and automated trading options are the heart at BeeOptions.
Technology plays a significant role in BeeOptions. BeeOptions offers trading on IRESSTrader,IRESSInvestor,netIRESS,XPLAN. BeeOptions is honest, transparent, and a well-regulated broker by the Cyprus Securities and Exchange Commission (CySEC). Their outstanding variety of tools will be beneficial for the majority of traders. Third-party partnerships also supply in-house analysis.
The trader resource section at BeeOptions is very enlightening for new dealers as it allows them to get a closer look in the financial markets. BeeOptions caters to all sorts of traders and are a must-have broker for any well-diversified method of trading.
If you feel that BeeOptions is not right for you then at the bottom of this BeeOptions review you wil find a lot of alternatives to BeeOptions.
Everything you ought to know about trading using BeeOptions
BeeOptions is a dynamic platform that offers various procedures of trading. These instruments cover the monetary markets considerably. Most of the brokerage platforms offer less procedures than BeeOptions
If you want to trade with BeeOptions, you will require a minimum deposit of $0. This deposit is mandatory if you wish to begin trading using BeeOptions. This 2021 BeeOptions review will direct you easily about trading with them.
BeeOptions is as flexible as another brokerage platform. BeeOptions is ideal for traders who want a manageable variety of low-cost services. The platforms provided by BeeOptions are third-party, white-label offerings. All traders can choose from IRESSTrader,IRESSInvestor,netIRESS,XPLAN.
Along with everything, BeeOptions has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a trade has to be kept available. The brokers offer premium customer service which rewards customers with benefits.
Many unethical brokers attempt to pressurise consumers into larger funding for premium services. BeeOptions, on the other hand, is more focused on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the further advantages will become available.
BeeOptions accounts are available globally and provides excellent service everywhere they have clients. There are only a select few countries where BeeOptions accounts are not available. Traders in the following countries cannot open or use a BeeOptions account:
Is BeeOptions Safe To Trade With?
Launched in 2004, BeeOptions has been in operation for 17 years, they are headquarted in Cyprus.
BeeOptions is regulated by Cyprus Securities and Exchange Commission (CySEC). These bodies have rules that make sure that trading platforms have ploicies in place to maintain investor's assets secured. This usually means that BeeOptions users don't need to be worried about their money as it is segregated and safely kept in banks that are established. SSL encryption secures every user's personal information also.
You are able to make use of an option for Two Factor Authentications (2FA) with BeeOptions for increased security. An SMS for the verification code will be sent to a mobile phone. You'll be required to input this code to log in to your account.
Another concern with financial brokers is in respect to security may be manipulation of trading. This is highly disadvantageous to users on those platforms. Nonetheless, this is much more prevalent in the case of Market Maker brokers who compete with customers on the stage.
Pro's & Con's Of Trading With BeeOptions
Every online trading platform has a few ups and downs, and no BeeOptions review would be complete without showing both sides. This BeeOptions review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
- BeeOptions is trusted by 10,000+ clients
- BeeOptions doesn't charge inactivity fees
- BeeOptions doesn't charge deposit fees
- BeeOptions doesn't charge CFD fees
- BeeOptions offer trading on IRESSTrader,IRESSInvestor,netIRESS,XPLAN
- BeeOptions offer 48 trading instruments
- BeeOptions trades major forex pairs
- BeeOptions trades exotic forex pairs
- BeeOptions can communicate in
- BeeOptions does not offer Negative Balance Protection
- BeeOptions does not offer Guaranteed Stop Loss
- BeeOptions charge withdrawal fees
- BeeOptions doesn't trade minor forex pairs
- BeeOptions doesn't offer trading on cryptocurrencies
BeeOptions Review - Compare Brokers Similar To BeeOptions
|BeeOptions||Ustocktrade||Vantage FX||Virtual Brokers|
|Regulated By||Cyprus Securities and Exchange Commission (CySEC)||Securities and Exchange Commission (SEC)||Australian Securities & Investment Commission (ASIC)||The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF)|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk|
BeeOptions Review - Regulation And Licencing In More Detail
BeeOptions is regulated by Cyprus Securities and Exchange Commission (CySEC).
BeeOptions, as a business, has a powerful set of rules for ensuring fair trading onto its platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
BeeOptions Review - Awards
- At the time of writing this BeeOptions review, they had not received any awards.
BeeOptions Review - Minimum Deposit Required
The minimum deposit that you need to begin on BeeOptions is $0. This is a decent amount for people just starting out. You can create more complex residue as you cooperate. However, make certain that you know how to make the most of your money before investing larger sums.
BeeOptions Review - Commission And Fees Explained
BeeOptions is an online broker platform, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. That is, an online broker is not necessarily affected by the number of clients they have.
But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are primarily three different types of penalties for this objective.
The first sort of fees to keep an eye out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you are charged trading fees. In these cases, you're paying a spread, financing rate, or even a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are people that are billed when you hold a leveraged position for more than daily.
Apart from trading charges, online brokers also bill non-trading fees. These are dependent on the actions you undertake in your account. They are billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, BeeOptions doesn't charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who often trade, for example daily or weekly trading.
But, non-trading fees billed by BeeOptions are comparatively higher. Consequently, you're charged more for non-trading actions in your trading accounts, like withdrawal and deposits. These aren't related to the purchase and sale of assets.
This BeeOptions review breaks down each of the applicable non-trading fees for you in detail.
Compare broker fees against BeeOptions
|BeeOptions||Ustocktrade||Vantage FX||Virtual Brokers|
BeeOptions Review - Withdrawal Fees Explained
BeeOptions charges a withdrawal fee when you make a bank transfer. Each time you move money back into your bank accounts, these withdrawal fees become important.
Withdrawal of money is possible at any time from the BeeOptions account. It's possible to withdraw sums up to the sum of your account balance, keeping aside the margin utilized. One thing to keep in mind is that you don't always have to have any money in your accounts.
Moreover, the withdrawn money will be moved directly to the account you use to create deposits. Therefore, in the event that you used a credit card for deposits, the withdrawn cash is going to be sent into the card. BeeOptions will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you're choosing to withdraw in.
BeeOptions Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of those buzzing questions which run through your mind while open an account with BeeOptions. An inactivity fee is an amount charged to registered traders who haven't participated in purchasing or selling for a while. The period considered inactive is decided by the agent.
The inactivity fee also differs from 1 agent to another and isn't standardized. If a traders account does not have a buying or selling trade, it is claimed by the agent as an inactivity charge. The traders need to pay this commission under terms and conditions they had consented while registering.
BeeOptions doesn't charge inactivity fees so you are free to use your account as needed
Even if no charges are indicated by BeeOptions, it's better that you close the account if you're inactive. Inactivity fees aren't only charged by broker firms but also many financial services.
For other trading platforms, the inactivity fee is contingent on the sort of account you've selected. The inactivity fee is subjected to a lot of conditions and should be disclosed clearly by the agent beforehand.
BeeOptions Review - Deposit Fees Explained
When you transfer money in your trading account by your bank account, a deposit fee can be charged by the broker. Most agents do not charge an excessive amount of money for this particular operation.
BeeOptions doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the BeeOptions trading platform is simple. You just need to complete a single-user profile questionnaire to start depositing money into your trading account. You will need to give an identity proof and proof of residency to deposit large amounts.
BeeOptions Review - Compare Broker Deposit Methods
|BeeOptions||Ustocktrade||Vantage FX||Virtual Brokers|
What Can You trade With BeeOptions?
Note: BeeOptions offers a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered may differ based on the country of residence of the client.
BeeOptions has a wide variety of over 48 instruments available for you to trade with.
If trading forex pairs is of interest to you then BeeOptions offer over currency pairs.
Compare BeeOptions, Ustocktrade, Vantage FX & Virtual Brokers below.
Alternatives To BeeOptions
If, after studying this BeeOptions review, BeeOptions does not meet your requirements check out these BeeOptions alternatives.
We've scoured the web to find the best alternatives to BeeOptions. Click on the hyperlinks below to find out more.
Frequently Asked Questions about BeeOptions
Can I try BeeOptions before I buy?
Yes, you can most definitely try BeeOptions before you buy. BeeOptions provides demo accounts for the convenience of inexperienced traders. You can use this feature to build your faith in the system and yourself and your trading strategies.
If you register to get a demonstration account on BeeOptions, you will set out with a decent amount of virtual currency. It is to establish a feeling of security and confidence in you until you decide to spend your own money.
With this virtual BeeOptionsdemo account, you can experiment in any way, to whatever length you desire. You might also start positions, examine different trading approaches, and more.
BeeOptions specifies on its official site that you are able to exchange real time stocks in a demo account.
Is BeeOptions safe?
It is possible to drop all your worries because we believe that BeeOptions is completely safe to use. It is in compliance with the principles of Cyprus Securities and Exchange Commission (CySEC).
Even so, BeeOptions does not provide assured stop-loss protection.
Why does BeeOptions ask for my passport?
The reason that BeeOptions asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, BeeOptions has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, BeeOptions must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with BeeOptions?
The process to start trading withBeeOptions is perhaps simple enough to be a cakewalk. You need to begin by signing up on the BeeOptions website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with BeeOptions is $0. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with BeeOptions.
The best way to kickstart your trading career with BeeOptions is to open a demo account facility before risking any real money
What funding methods do BeeOptions accept?
There are a number of methods to fund your account with BeeOptions. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You must keep in mind that PayPal is not available in all country. The monies BeeOptions
Is my money safe with BeeOptions?
Yes, your cash is safe and protected with BeeOptions. As you already know, BeeOptions works with good conformation to. It has established plenty of steps to guard all its investors.
BeeOptions protects its customers' private and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you want to further protect your account, you can empower Two-Step Verification as well. It takes an SMS confirmation for you to get your account.
Is BeeOptions trading good?
Yes, trading through BeeOptions is a pleasant and good experience indeed. It is a great and intuitive platform with useful features for your simplicity. In addition, you can also gain access to a huge selection of educational resources and assistive substance to kickstart your trading experience.
If you are still skeptical, you can open a eToro demo account and evaluate the credibility of the platform for yourself.
Which Countries does BeeOptions support?
BeeOptions operates around the globe. However, due to regulations there are some countries that BeeOptions can't accept clients from
Is BeeOptions legit?
BeeOptions is a legit company headquarted in Cyprus since 2004. They are regulated by Cyprus Securities and Exchange Commission (CySEC). BeeOptions is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is BeeOptions a good broker?
BeeOptions is an excellent broker, and its users can vouch for it. The highlight of this platform is its fast order execution on transactions.
You'll discover the clean design of this platform and the admirable features that a pleasure to work with.
Is BeeOptions a trustworthy broker?
Yes, BeeOptions is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for BeeOptions?
The minimum deposit to open a live account with BeeOptions is $0
How long do BeeOptions withdrawals take?
Normally, withdrawal of money from BeeOptions is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from BeeOptions to show in your bank account.
Are BeeOptions regulated?
BeeOptions are regulated by Cyprus Securities and Exchange Commission (CySEC)
Is BeeOptions a market leading broker?
BeeOptions is indisputably one of the industry leaders. It has over 10,000+ registered customers and over 17 years of experience on its record. They are among the world's top trading platforms and also a prominent figure in the Fintech revolution.
It majorly owes this status to its unbelievable platform and broad range of tools plus resources so that you may put money into capital markets.
Is BeeOptions a con?
No, BeeOptions is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules. Thus, it is safe to say that BeeOptions is not a scam.
Can you make money with BeeOptions?
Using BeeOptions, many traders earn a great deal of money. However, typically, through continual trading, you also can create between 2% - 10% profit a month.
This may seem to be a little number, but within the year, this adds to a significant number of gains. While BeeOptions supply you all the tools to make money, they cannot guarantee you will gain.
Does BeeOptions have fees?
Yes. To start trading using BeeOptions, you need to deposit $0. Particular commissions while trading also applies. Any processing fees from your bank might have to be incurred by you.
When was BeeOptions founded?
BeeOptions was founded in 2004 in Cyprus. BeeOptions is regulated by Cyprus Securities and Exchange Commission (CySEC).
How many people use BeeOptions?
BeeOptions is a worldwide recognised agent with 10,000+ clients.
Where is the BeeOptions head office?
BeeOptions has its head office in Cyprus
Does BeeOptions offer negative balance protection?
No. BeeOptions does not offer negative balance protection. If your balance is negative, BeeOptions suggests that you promptly contact customer services. With this, you are able to fix any imbalances in your account.
Does BeeOptions offer guaranteed stop loss?BeeOptions unfortunately, does not offer guaranteed stop loss. BeeOptions provides an opportunity for its traders to close their trade in their given price. Apart from this, BeeOptions does not provide guaranteed stop loss.
Does BeeOptions allow scalping?Yes, BeeOptions do permit scalping. Several traders throughout the world choose BeeOptions due to their scalping services. They offer trading on IRESSTrader,IRESSInvestor,netIRESS,XPLAN which let this.
Does BeeOptions allow hedging?
Yes, BeeOptions does allow hedging.
Can you trade energies with BeeOptions?
Yes, you can trade energy stocks with BeeOptions
Can you trade agricultural shares with BeeOptions?
Yes, you can trade agricultural stocks with BeeOptions
Can you trade cryptocurrency with BeeOptions?
No, unfortunately you cannot trade cryptocurrency with BeeOptions
Can you trade metals with BeeOptions?
Yes, you can trade metals with BeeOptions
Can you trade UK Shares with BeeOptions?
Yes, you can trade UK shares with BeeOptions
Can you trade US Shares with BeeOptions?
No, unfortunately you cannot trade US shares with BeeOptions
Can you trade Japanese Shares with BeeOptions?
No, unfortunately you cannot trade Japanese shares with BeeOptions
Can you trade German Shares with BeeOptions?
Yes, you can trade German shares with BeeOptions
Does BeeOptions accept bank transfers?
No, BeeOptions does not accept bank transfers.
Does BeeOptions accept credit cards?
No, BeeOptions does not accept credit cards.
Does BeeOptions accept PayPal?
No, BeeOptions does not accept PayPal.
Does BeeOptions accept Skrill?
No, BeeOptions does not accept Skrill.
Does BeeOptions accept Payoneer?
No, BeeOptions does not accept Payoneer.
Does BeeOptions accept Neteller?
No, BeeOptions does not accept Neteller.
Does BeeOptions offer Live Chat customer support?
No, BeeOptions does not offer customer support through live chat.
Does BeeOptions offer phone customer support?
No, BeeOptions does not offer customer support over the telephone.
Does BeeOptions offer email customer support?
No, BeeOptions does not offer customer support through email.
What languages can BeeOptions communicate in?
BeeOptions has the ability to communicate and support customers who speak:
Does BeeOptions have a wikipedia page?
No, BeeOptions does not have an official wikipedia page.
Does BeeOptions offer demo accounts?
Yes, BeeOptions offers demo accounts so you can learn their systems before risking any real money.