Plus500 vs eOption, 2024 Update
Read our In-Depth Plus500 vs eOption Review - for 2024
This review comparing Plus500 and eOption has been revised for 2024 from seasoned professionals with years of expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Plus500 vs eOption does not apply to all countries as follows:
Plus500 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 Plus500 vs eOption
Every online trading platforms has a few pros and cons, so a complete Plus500 and eOption review should not be complete without adopting an objective perspective.
Assess Plus500 and eOption to get a better understanding of the way they compare against one another prior to you choose to open an account. Conducting a comparative analysis will bring aspects into perspective to ensure that you remain cognizant of the expectations.
So you are looking for a broker and are choosing between Plus500 or eOption. Which one is best in 2024?
Our Plus500 vs eOption comparison contains the latest information so you can easily compare eOption against Plus500.
If you are a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You will get proficient at all of the concepts of brokerage as you continue trading. For starters, you have to select the right broker who'll 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 lead investment plan has the potential to generate hefty returns. Plus500 and eOption are just two such platforms that will take you and your investment to great heights. It is crucial that you compare Plus500 vs eOption until you trust them with your money.
Our Plus500 vs eOption comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Plus500 and eOption side by side.
Our full Plus500 vs eOption Review covers all you need to know about trading using either Plus500 or eOption. A good agent can multiply your first investments and provide you positive profits. If you want to earn profits, you should trade with a broker service that contrasts with your investment objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully analyze your agent before you choose them. It is a common misconception that all brokers will be the same, but that is not true. Wrong judgment, initially, can put your investments at risk.
Plus500 and eOption are both brokers that have found their way successfully to the brokerage world. Within this review, we have tried to collate some of the important aspects of both Plus500 and eOption. This review can help you to know whether either eOption or Plus500 is a good match for your investments or not. We've attempted to breakdown all of the features and fees for your convenience.
Benefits of Plus500 and eOption Compared
Plus500 offers a minimum deposit of $100 while eOption offers a $500 minimum deposit.
Why smaller minimum deposits are good and how Plus500 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.
Plus500 has around 2,000 financial instruments whilst eOption allows you to trade around 2,000 on their platform.
The more instruments you can trade on the Plus500 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 Plus500 or eOption.
Plus500 and eOption Contact Details
Being able to contact a broker through many ways is vital. Plus500 and eOption have the following contact details and social medias that you can use.
Broker | Plus500 | eOption |
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Telephone Number | +972 4-818-9503 | |
Address | Bldg 25 Matam, Haifa, Haifa, Israel | |
Plus500 Twitter Account | eOption Twitter Account | |
Plus500 Facebook Page | eOption Facebook Page | |
Plus500 Instagram Account | eOption Instagram Account | |
Plus500 LinkedIn Page | eOption LinkedIn Page | |
YouTube | Plus500 YouTube Channel | eOption YouTube Channel |
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eOption and Plus500 Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Plus500 and eOption we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Plus500 vs eOption - Awards
Broker | Plus500 | eOption |
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Awards |
Plus500 have won many industry awards over the time they have been running as a financial broker. We detail the most recognised awards for Plus500 below.
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At the time of writing this eOption review, and despite eOption’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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Plus500 vs eOption - Frequently Asked Questions
Plus500 vs eOption - Headquarters And Year Of Founding
Plus500 was founded in 2008 and has its headquaters in Israel.
eOption was founded in 2008 and has its headquaters in USA.
What is the minimum deposit for eOption or Plus500
The minimum deposit for Plus500 is $100.
The minimum deposit for eOption is $500.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Plus500 and eOption are a good choice.
Plus500 vs eOption - Regulation And Licencing In More Detail
Plus500 is regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546.
eOption is regulated by Unregulated.
eOption is unregulated but Plus500 has a strong set of rules for ensuring honest trading on its own platforms. For information encryption purposes, they supply industry-standard secure socket layer (SSL).
As per their individual privacy policy, client data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Plus500 vs eOption Commission And Fees
Plus500 and eOption are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled much better. That is, an internet broker isn't necessarily affected by the number of clients they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three types of penalties for this objective.
The first sort of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In such instances, you are paying a spread, financing speed, or a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread denotes the gap between the buying and selling price. Financing or overnight prices are people who are charged when you hold a leveraged position for more than daily.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your accounts. They are billed for operations like depositing money, not investing for long periods, or withdrawals.
Generally, neither Plus500 or eOption charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller amount. This can be beneficial for those who often trade, for example daily or weekly trading.
But, non-trading fees billed by Plus500 and eOption are relatively lower. Consequently, you are charged more for non-trading actions in your trading accounts, like withdrawal and deposits. These aren't related to the sale and purchase of resources.
This Plus500 vs eOption review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For Plus500 And eOption
What Languages Do Plus500 And eOption Support?
Being able to talk easily with your online platform is a key element when comparing trading platforms to find the best broker. Not only for support but to ensure you understand everything on their website and inside their application as it is a key factor to success when trading online.
Here you can find all the languages that both Plus500 and eOption support.
How Many Clients Do Plus500 and eOption Have?
Both Plus500 and eOption are well established with their client base. It is important to work with a broker that is professional and one of the most simple ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many customers Plus500 and eOption have
What Payment Methods Do Plus500 and eOption Accept?
Plus500 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 Plus500 and eOption
What Can You Trade With Plus500 and eOption?
Plus500 offers 2,000 trading instruments whilst eOption offers 274.
Below you will find a full breakdown of what both Plus500 and eOption offer.
Plus500 Review
Plus500 vs eOption:
Table Of Contents
- Compare Plus500 vs eOption
- Benefits of Plus500 and eOption Compared
- eOption and Plus500 Mobile App Comparison
- Plus500 vs eOption - Awards
- Plus500 vs eOption - Frequently Asked Questions
- What is the minimum deposit for eOption or Plus500
- Plus500 vs eOption - Regulation And Licencing In More Detail
- Compare Broker Fees For Plus500 And eOption
- What Languages Do Plus500 And eOption Support?
- How Many Clients Do Plus500 and eOption Have?
- What Payment Methods Do Plus500 and eOption Accept?
- What Can You Trade With Plus500 and eOption?