eOption Guide – Read our In-Depth eOption Review
eOption Rating: 2.46 / 10
Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.
This eOption 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 eOption review does not apply to users in BR, KR, IR, IQ, SY, JP, US
If you are a new entrant in the realm of trading and broker, so many details will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You will get proficient at all the concepts of broker as you keep trading. For starters, you have to choose the right agent who'll be clear with you always.
In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan will create hefty returns. eOption is one such platform which will take you along with your investment into great heights. It's important to know about eOption before you trust them with your money.
eOption Guide – Quick Summary
eOption Telephone Number:
eOption Email Address:
Number Of Clients:
10,000+ eOption users and traders
eOption Facebook Likes:
eOption Twitter Followers:
eOption Instagram Followers:
Your capital is at risk
|eOption Telephone Number:|
|eOption Email Address:|
|Number Of Clients:||10,000+ eOption users and traders|
|eOption Facebook Likes:||0|
|eOption Twitter Followers:||0|
|eOption Instagram Followers:||0|
Your capital is at risk
Our full eOption Review covers everything you need to learn about trading with eOption. A fantastic broker can multiply your first investments and provide you favourable profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment objectives.
There's absolutely no sure-fire way to guarantee profits; thus, you should carefully assess your broker before you choose them. It's a frequent misconception that all brokers are exactly the same, but that is not true. Wrong judgment, initially, can put your investments at risk.
eOption is a broker that has found its way successfully to the brokerage world. In this review, we've attempted to collate a number of the important aspects of eOption. This review can allow you to know whether eOption is a fantastic fit for your investments or not. We've attempted to breakdown all of the qualities and charges for your advantage.
eOption Review, Table Of Contents
- Who are eOption?
- Benefits Of Trading With eOption
- Everything you should know about trading with eOption
- Is eOption Safe To Trade With?
- eOption Risk Disclaimer
- Pro's & Con's Of Trading With eOption
- Compare Brokers Similar To eOption
- Regulation And Licencing In More Detail
- eOption Awards
- Minimum Deposit Required For A Live Account With eOption
- eOption Commission And Fees Explained
- Compare broker fees against eOption
- eOption Withdrawal Fees Explained
- eOption Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With eOption?
- Alternatives To eOption
- Frequently Asked Questions About eOption
Who are eOption?
eOption is a foreign exchange broker headquartered in USA and provides a variety of instruments for trading. Since its beginning in 2008, eOption has emerged as a top-tier player in the industry of online broker. eOption includes a highly competitive and full-featured trading site that is focused on forex, indices, metals, sharesand commodities.
Over the past 13 years, eOption has grown into one of the leading online brokers.
After establishing in 2008, their consumer base is becoming as large as 10,000+ clients.
eOption is the favourite for many traders.. Our eOption review discovered that they're an superb alternative for automated trading options. They're most appropriate for investors who are searching for a variety of assets. Social and automated trading solutions are the heart at eOption.
Technology plays a significant role at eOption. eOption features trading on DealBook (Desktop, Mobile, iPhone, iPad, iPod touch, Web). eOption is honest, transparent, and a well-regulated agent by the Unregulated. Their outstanding array of tools will be beneficial for the majority of traders. Third-party partnerships also supply in-house analysis.
The educational section at eOption is very insightful for new dealers since it allows them to have a closer look at the financial markets. eOption caters to all sorts of traders and are a must-have broker for any well-diversified method of trading.
If you feel that eOption is not right for you then at the bottom of this eOption review you wil find a lot of alternatives to eOption.
What you ought to know about trading using eOption
eOption is a dynamic platform that provides various methods of trading. These tools cover the monetary markets substantially. The Majority of the broker platforms provide fewer approaches than eOption
If you want to trade with eOption, you'll need a minimum deposit of $500. This deposit is mandatory if you want to begin trading using eOption. This 2021 eOption review will direct you easily about trading with them.
eOption is as versatile as another broker platform. eOption is great for traders who want a manageable selection of low-cost services. The programs supplied by eOption are third party, white-label offerings. All traders can pick from DealBook (Desktop, Mobile, iPhone, iPad, iPod touch, Web).
Along with everything, eOption has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a transaction has to be kept open. The brokers provide premium customer service that rewards customers with advantages.
Many unprofessional brokers attempt to pressurise users into bigger funding for superior services. eOption, on the other hand, is more focused on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the greater benefits will become available.
eOption accounts are available all over the world and provides outstanding service everywhere they have clients. There are a few countries where eOption accounts are not available. Traders in the following countries cannot open or use a eOption account:
BR, KR, IR, IQ, SY, JP, US
Is eOption Safe To Trade With?
Launched in 2008, eOption has been open for 13 years, they are headquarted in USA.
eOption is regulated by Unregulated. These bodies have rules that ensure that trading platforms have ploicies in place to keep investor's resources procured. This usually means that eOption users don't need to be worried about their money as it's segregated and safely kept in banks that are established. SSL encryption simplifies each user's personal information as well.
You can make use of an option for Two Factor Authentications (2FA) with eOption for increased security. An SMS for the confirmation code will be sent to a mobile phone. You will be required to enter this code to log in to your account.
Another concern with fiscal brokers with regards to safety might be manipulation of trading. This is highly disadvantageous for consumers on those platforms. However, this is much more widespread in the example of Market Maker brokers who compete with users on the stage.
eOption Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With eOption
Every online trading platform has some pros and cons eOption review would be complete without showing both sides. This eOption 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.
- eOption is trusted by 10,000+ clients
- eOption doesn't charge inactivity fees
- eOption doesn't charge CFD fees
- eOption offers trailing stop
- eOption offer trading on DealBook (Desktop, Mobile, iPhone, iPad, iPod touch, Web)
- eOption offer 274 trading instruments
- eOption trades major forex pairs
- eOption can communicate in English, and Chinese
- eOption does not offer Negative Balance Protection
- eOption does not offer Guaranteed Stop Loss
- eOption has high minimum deposit requirements
- eOption charge withdrawal fees
- eOption charge deposit fees
- eOption doesn't trade minor forex pairs
- eOption doesn't trade exotic forex pairs
- eOption doesn't offer trading on cryptocurrencies
- eOption doesn't offer social trading
- eOption doesn't offer copy trading
eOption Review - Compare Brokers Similar To eOption
|eOption||Evans and Partners||WIT Invest||Burrell Stockbroking|
|Rating||2.46 / 10||3.88 / 10||2.91 / 10||4.93 / 10|
|Headquarters||USA||USA||Saint Vincent and the Grenadines||Australia|
|Regulated By||Unregulated||Unregulated||Unregulated||Malta Financial Services Authority (MFSA)|
|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|
eOption Review - Regulation And Licencing In More Detail
eOption is regulated by Unregulated.
eOption, as a business, has a strong collection of rules for ensuring honest trading on its platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
eOption Review - AwardsAt the time of writing this eOption review, and despite eOption’s impressive offering, the company has surprisingly not garnered any other awards to date.
eOption Trading Platforms
eOption are a reputable brokerage that has been open for over 13 years. They offer a wide range of options in their customer accounts.
In the following table we take the main parts of any reputable online broker and compare eOption with Evans and Partners, WIT Invest, and Burrell Stockbroking
eOption Review - Minimum Deposit Required
The minimum deposit you need to begin on eOption is $500. This is a decent amount for those just beginning. It's possible to make more advanced residue as you cooperate. But, ensure that you understand how to make the most of your money before investing larger sums.
eOption Review - Commission And Fees Explained
eOption is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. That is, an internet broker isn't necessarily affected by the amount of customers they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 different types of fees for this objective.
The first sort of charges to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In these cases, you are spending a spread, funding speed, or even a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are those that are billed when you maintain a leveraged position for longer than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake in your account. They are charged for operations like depositing money, not investing for long periods, or withdrawals.
Generally, eOption doesn't charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who regularly trade, such as weekly or daily trading.
But, non-trading fees charged by eOption are relatively competitive. As a result, you are charged more for non-trading activities on your trading account, like withdrawal and deposits. These aren't about the purchase and sale of resources.
This eOption review breaks down each of the relevant non-trading fees for you in detail.
Compare broker fees against eOption
eOption Review - Withdrawal Fees Explained
eOption charges a withdrawal fee if you make a bank transfer. Every time you transfer money back into your bank account, these withdrawal charges become important.
Withdrawal of cash is possible at any time from your eOption account. You can withdraw up sums to the sum of your account balance, keeping aside the margin utilized. 1 thing to keep in mind is that you don't always need to have any money on your accounts.
In addition, the withdrawn money will be moved directly to the accounts you use to create deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn money will be sent into the card. eOption will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the money you are opting to draw in.
eOption Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your head when open an account with eOption. An inactivity fee is an amount charged to registered dealers that have not engaged in buying or selling for a while. The period considered inactive is determined by the agent.
The inactivity fee also differs from one broker 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 conditions and terms that they had agreed while enrolling.
eOption doesn't charge inactivity fees so you are free to use your account as needed
Even if no fees are implied by eOption, it is best that you close the account if you are inactive. Inactivity fees aren't only charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee depends on the sort of account you've chosen. The inactivity fee is exposed to a lot of circumstances and needs to be disclosed clearly by the agent beforehand.
eOption Review - Deposit Fees Explained
When you transfer money in your trading account by your bank account, a deposit fee can be billed by the broker. Most agents don't charge too much money for this particular operation.
eOption charges a deposit fee for transferring money into your trading account.
Depositing cash on the eOption trading platform is simple. You just have to finish a single-user profile survey to begin depositing money into your trading account. You'll have to provide an identity evidence and evidence of residency to deposit large amounts.
eOption Review - Compare Broker Deposit Methods
What Can You Trade With eOption?
Note: eOption provides many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered will be different depending on the country of residence of the client.
eOption has a wide variety of over 274 instruments available for you to trade with.
If trading forex pairs is of interest to you then eOption offer over forex pairs.
Compare eOption, Evans and Partners, WIT Invest & Burrell Stockbroking below.
Reviewing The eOption Mobile App
Note: eOption's mobile app has a lot of functionality and is being developed all the time. The below information was accurate at the time of writing this eOption review.
Understand the capabilities of the mobile apps of eOption, Evans and Partners, WIT Invest & Burrell Stockbroking below.
Alternatives To eOption
If, after studying this eOption review, they don't meet your requirements check out these eOption alternatives.
We've scoured the internet to find the best alternatives to eOption. Click on the links below to learn more.
Frequently Asked Questions about eOption
Can I try eOption before I buy?
Yes, you can most certainly try eOption before you buy. eOption provides demo accounts for the ease of beginner traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you sign up for a demonstration account on eOption, you will set out with a decent amount of virtual money. It is to establish a feeling of safety and confidence in you until you decide to spend your own money.
With this digital eOptiondemo account, you are able to experiment in any way, to whatever period you wish. You can also open positions, test different trading approaches, and much more.
eOption specifies on its official website that you are able to trade real time stocks in a demo account.
Is eOption safe?
You can drop all your worries because we believe that eOption is perfectly safe to use. It is in compliance with the rules of Unregulated.
Nevertheless, eOption doesn't provide assured stop-loss protection.
Why does eOption ask for my passport?
The reason that eOption 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, eOption 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, eOption 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 eOption?
The process to start trading witheOption is perhaps simple enough to be a cakewalk. You need to begin by signing up on the eOption 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 account with eOption is $500. You should have a good understanding of the details 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 eOption.
The best way to kickstart your trading career with eOption is to open a demo account facility before risking any real money
What funding methods do eOption accept?
There are a number of methods to finance your account with eOption. The process is effortless and quick, with various 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 funds. You must bear in mind that PayPal is not available in all country. The currencies eOption
Is my money safe with eOption?
Yes, your cash is safe and protected with eOption. As you already know, eOption works with proper conformation to. It has established plenty of steps to guard all of its own investors.
eOption safeguards its customers' personal and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you want to further safeguard your account, you can empower Two-Step Verification as well. It takes an SMS affirmation that you access your accounts.
Is eOption trading good?
Yes, trading via eOption is a pleasant and good experience indeed. It is an excellent and intuitive platform with helpful features for your ease. Moreover, you can also obtain access to a huge selection of educational tools and assistive material to kickstart your trading experience.
If you remain skeptical, it is possible to start a eToro demo account and assess the credibility of the platform for yourself.
Which Countries does eOption support?
eOption operates across the globe. However, due to regulations there are some countries that eOption do accept clients resident in BR, KR, IR, IQ, SY, JP, US
Is eOption legit?
eOption is a legit company headquarted in USA since 2008. They are regulated by Unregulated. eOption 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 eOption a good broker?
eOption is an excellent broker, and its users can vouch for it. The highlight of the platform is its quick order execution on transactions.
You will discover the clean layout of the platform and the admirable features that a pleasure to work with.
Is eOption a trustworthy broker?
Yes, eOption 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 eOption?
The minimum deposit to open a live account with eOption is $500
How long do eOption withdrawals take?
Normally, withdrawal of money from eOption 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 eOption to show in your bank account.
Are eOption regulated?
eOption are regulated by Unregulated
Is eOption a market leading broker?
eOption is indisputably among the industry leaders. It has over 10,000+ registered users and over 13 years of expertise on its record. They're among the world's top trading platforms and a prominent figure in the Fintech revolution.
It majorly owes this status to its unbelievable platform and broad selection of tools plus resources so that you can put money into capital markets.
Is eOption a con?
No, eOption is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that eOption is not a scam.
Can you make money with eOption?
Using eOption, several traders earn a lot of cash. However, on average, through continual trading, you also can make between 2% - 10% profit a month.
This may seem like a small number, but within the year, this adds to a substantial amount of gains. Even though eOption supply you all of the tools to earn money, they can't guarantee you will gain.
Does eOption have fees?
Yes. To start trading using eOption, you have to deposit $500. Certain commissions while trading additionally apply. Any processing fees from your bank might need to be incurred by you.
When was eOption founded?
eOption was founded in 2008 in USA. eOption is regulated by Unregulated.
How many people use eOption?
eOption is a globally recognised broker with 10,000+ clients.
Where is the eOption head office?
eOption has its head office in USA
Does eOption offer negative balance protection?
Does eOption offer guaranteed stop loss?eOption unfortunately, does not provide guaranteed stop loss. eOption provides a chance to its traders to close their trade in their specified price. Apart from this, eOption doesn't provide guaranteed stop loss.
Does eOption allow scalping?Yes, eOption do allow scalping. Several traders throughout the world select eOption due to their services that are trading. They offer trading on DealBook (Desktop, Mobile, iPhone, iPad, iPod touch, Web) which allow this.
Does eOption allow hedging?
Yes, eOption does allow hedging.
Can you trade energies with eOption?
No, unfortunately you cannot trade energy stock with eOption
Can you trade agricultural shares with eOption?
No, unfortunately you cannot trade agricultural stock with eOption
Can you trade cryptocurrency with eOption?
No, unfortunately you cannot trade cryptocurrency with eOption
Can you trade metals with eOption?
No, unfortunately you cannot trade metals with eOption
Can you trade UK Shares with eOption?
Yes, you can trade UK shares with eOption
Can you trade US Shares with eOption?
No, unfortunately you cannot trade US shares with eOption
Can you trade Japanese Shares with eOption?
No, unfortunately you cannot trade Japanese shares with eOption
Can you trade German Shares with eOption?
No, unfortunately you cannot trade German shares with eOption
Does eOption accept bank transfers?
Yes, eOption accepts bank transfers for depositing money.
Does eOption accept credit cards?
Yes, eOption accepts credit cards for depositing money.
Does eOption accept PayPal?
No, eOption does not accept PayPal.
Does eOption accept Skrill?
No, eOption does not accept Skrill.
Does eOption accept Payoneer?
Yes, eOption accepts Payoneer for depositing money.
Does eOption accept Neteller?
No, eOption does not accept Neteller.
Does eOption offer Live Chat customer support?
Yes, eOption offers customer support through live chat.
Does eOption offer phone customer support?
Yes, eOption offers customer support over the telephone.
Does eOption offer email customer support?
Yes, eOption offers customer support through email.
What languages can eOption communicate in?
eOption has the ability to communicate and support customers who speak: English, and Chinese
Does eOption have a wikipedia page?
No, eOption does not have an official wikipedia page.
Does eOption offer demo accounts?
Yes, eOption offers virtual portfolio accounts so you can learn their systems before risking any real money. New traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of eOption's features before risking a live account.