Direct FX vs eOption, Updated for 2024
Direct FX Rating
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eOption Rating
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Losses can exceed deposits |
Your capital is at risk |
Direct FX vs eOption Guide |
Read our In-Depth Direct FX vs eOption Review - Updated for 2024
Our Direct FX vs eOption review has been updated to reflect any changes for 2024 by knowledgeable insiders with years of financial experience in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Direct FX vs eOption does not apply to all countries as follows:
Direct FX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
eOption Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Direct FX vs eOption
Each online trading platforms will have some pros and cons, so any comprehensive review of Direct FX and eOption would not be regarded as thorough without having an objective perspective.
Assess Direct FX and eOption to understand just how they compare against each other prior to you create an account. A side-by-side comparison will place factors into perspective to ensure that you're cognizant of what to expect.
So you are looking for a reputable broker and are choosing between Direct FX or eOption. Which one is best in 2024?
Our Direct FX vs eOption comparison contains the latest information so you can easily compare eOption against Direct FX.
If you're a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading requires expert analyzing skills and comprehensive understanding. You'll acquire adept at all of the concepts of brokerage as you continue trading. For starters, you need to select the ideal broker who'll be transparent with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program has the potential to create hefty returns. Direct FX and eOption are two such companies which will take you along with your investment to great heights. It's important to compare Direct FX vs eOption until you trust them with your money.
Our Direct FX vs eOption comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Direct FX and eOption side by side.
Our entire Direct FX vs eOption Review covers all you need to know about trading using either Direct FX or eOption. A good agent can multiply your first investments and give you favorable profits. If you want to make profits, you must trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully analyze your agent before you select them. It is a frequent misconception that all brokers will be exactly the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
Direct FX and eOption are both brokers which have forged their way successfully to the brokerage world. In this review, we've tried to collate some of the important facets of both Direct FX and eOption. This review can help you to know whether either eOption or Direct FX is a good match for your own investments or not. We have attempted to breakdown all of the qualities and charges for your convenience.
Benefits of Direct FX and eOption Compared
Direct FX has a minimum deposit of $1 while eOption offers a $500 minimum deposit.
Why smaller minimum deposits are good and how Direct FX and eOption compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Direct FX has around financial instruments while eOption allows you to trade around on their platform.
The more instruments you can trade on the Direct FX and eOption trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of Direct FX or eOption.
Direct FX and eOption Contact Details
Being able to contact an online trading platform easily is a sign of a professional broker. Direct FX and eOption have the following contact details and social medias that you can use.
Broker | Direct FX | eOption |
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Telephone Number | ||
Address | ||
Direct FX Twitter Account | eOption Twitter Account | |
Direct FX Facebook Page | eOption Facebook Page | |
Direct FX Instagram Account | eOption Instagram Account | |
Direct FX LinkedIn Page | eOption LinkedIn Page | |
YouTube | Direct FX YouTube Channel | eOption YouTube Channel |
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eOption and Direct FX Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of Direct FX and eOption we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Direct FX vs eOption - Awards
Direct FX vs eOption - Frequently Asked Questions
Direct FX vs eOption - Headquarters And Year Of Founding
Direct FX was founded in 2006 and has its headquaters in New Zealand.
eOption was founded in 2008 and has its head office in USA.
What is the minimum deposit for eOption or Direct FX
The minimum deposit for Direct FX is $1.
The minimum deposit for eOption is $500.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Direct FX and eOption are a good choice.
Direct FX vs eOption - Regulation And Licencing In More Detail
Direct FX is regulated by Unregulated.
eOption is regulated by Unregulated.
Neither Direct FX or eOption are regulated. You should exercise caution trading with them as they do not have a strong set of rules for ensuring fair trading on their platforms.
Compare Direct FX vs eOption Commission And Fees
Direct FX and eOption are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled much better. In other words, an internet broker isn't necessarily influenced by the number of clients they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly three types of fees for this purpose.
The first kind of charges to keep an eye out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In these instances, you're paying a spread, funding rate, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people that are charged when you maintain a leveraged position for more than a day.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They're charged for operations like depositing money, not trading for long periods, or withdrawals.
Generally, neither Direct FX or eOption 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 amount. This is beneficial for people who often exchange, such as daily or weekly trading.
But, non-trading fees charged by Direct FX and eOption are relatively greater. As a result, you are charged more for non-trading actions in your trading accounts, such as deposits and withdrawal. These aren't related to the purchase and sale of resources.
This Direct FX vs eOption review for 2024 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For Direct FX And eOption
Broker | Direct FX | eOption |
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Minimum Deposit | $1 | $500 |
Withdrawal Fees | No | Yes |
Inactivity Fees | No | No |
Deposit Fees | Yes | Yes |
CFD Fees | Yes | No |
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What Languages Do Direct FX And eOption Support?
Being able to chat easily with your online platform is a key part of comparing online brokers to find the best broker. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading online.
Here you will find the languages that both Direct FX and eOption offer communication in.
Broker | Direct FX | eOption |
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Languages Supported | English, and Chinese | English, and Chinese |
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How Many Clients Do Direct FX and eOption Have?
Both Direct FX and eOption are well known and trusted. It is important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers Direct FX and eOption are active on their platform
Broker | Direct FX | eOption |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do Direct FX and eOption Accept?
Direct FX and eOption both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Direct FX and eOption
Broker | Direct FX | eOption |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | No |
Skrill | No | No |
Payoneer | Yes | Yes |
Neteller | No | No |
Find Out More |
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What Can You Trade With Direct FX and eOption?
Direct FX offers trading instruments while eOption offers 274.
Below you will find a full breakdown of what both Direct FX and eOption offer.
Direct FX Review
Direct FX vs eOption:
Table Of Contents
- Compare Direct FX vs eOption
- Benefits of Direct FX and eOption Compared
- eOption and Direct FX Mobile App Comparison
- Direct FX vs eOption - Awards
- Direct FX vs eOption - Frequently Asked Questions
- What is the minimum deposit for eOption or Direct FX
- Direct FX vs eOption - Regulation And Licencing In More Detail
- Compare Broker Fees For Direct FX And eOption
- What Languages Do Direct FX And eOption Support?
- How Many Clients Do Direct FX and eOption Have?
- What Payment Methods Do Direct FX and eOption Accept?
- What Can You Trade With Direct FX and eOption?