We found 11 online brokers that are appropriate for Trading Forex Or Options.
Done with the securities?
Now what?
Forex or options?
These are some of the questions could be haunting traders whose investment feet is now loaded with securities.
They always look for the next and best other profitability tools. They either land in the foreign exchange market or options.
Sometimes they think of both simultaneously. In this article, we will try to find the advantages as well as disadvantages of both the tools.
We will discuss some of the common pros and cons to help traders whether to go for Forex or options as their next investment tool.
Lets first go ahead with the similarities in the two while trying to wrap up to a conclusion whether to invest in Forex or options.
The basic rules of Forex or options trading are the news of breaking events and supply and demand. It is important to know how these factors apply to the two and how to get investment success.
Traders who have leveraged accounts can borrow money from the broker and own more assets than the capital capacity. The setup is similar to taking loans from banks.
Luckily, the leverage offered by Forex brokers is more than other accounts. Some of them even leverage 1,000 times more than the capital capacity.
Assume that if a trader has £1 in his account, he can own assets worth £1,000.
Options brokers don't leverage to such an extent.
Today, it is easy to trade the financial instruments of choice. The previous generation traders had limited choices. Hence, accessing Forex or options are now tough.
Either Forex or options, both come under tight regulations to minimize risk to investors and provide more protection to the investment.
One of the protection features is to make stop loss a mandatory tool for all Forex traders.
Moreover, the brokers who are based in the USA allow traders to self-assert their net worth and trading expertise level.
In options, the brokers need to assign the level based on the information made available from the traders.
There is no need to cross-check the information. It is simple to understand. Higher levels mean getting exposed to the additional tools as well as a bigger risk.
We have just discussed the similarities between the two tools. Now let us have a look to the differences.
Forex is spot trading as traders own the assets directly. Options on the other hand is a contract on the assets. It is called asset derivatives.
Options can be traded on Forex and are equipped with characteristics that assets could be used in sophisticated trades and can lose money faster compared to assets.
Forex market offers 24-hour of trading while the options the market only during normal market hours from Monday to Friday.
Sometimes traders may experience sudden price jumps in the options trading as during dead hours the prices freezes and changes following any breaking news or events.
This causes a jump over automated stops too. Hence, such possibilities of risk persist.
The phenomenon is only possible during the weekends in Forex trading as most of the brokers keep operations closed on Saturday and Sunday.
Forex is less susceptible to volatility and is highly liquid. It is well protected against theft and fraud.
Options create hedging and non-directional strategies.
Potential to less short-term growth as it is less susceptible to volatility. The gains can easily be tracked, and it is taxable. As the leverage is very high, it tempts to borrow fund to a great extent.
All the losses are not tax-deductible. It is a low liquid compared to Forex. Fixed fees are charged for trading.
We just discussed and tried to find out the best investment tool - Forex or options. Both the investment tools have gained popularity in the past few years and traders need to find out which fits the best.
Traders are suggested to investigate their potentiality before opting for either. Both have pros and cons like Forex can be leveraged to 1,000 times and hence the risk is also high.
Forex is tightly regulated and can be traded throughout day and night while options are hedging and are open to only market hours.
Making money in Forex or options is easy as well as tough. Those traders who believe trading Forex or options is easy may lose money as sound knowledge and good experience is needed to succeed. Good homework is mandatory before taking entry to either investment tool. Apart from all this, traders should only open an account with a highly regulated and reliable broker.
We've collected thousands of datapoints and written a guide to help you find the best Forex Or Options for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best forex or options below. You can go straight to the broker list here.
There are a number of important factors to consider when picking an online Forex Or Options trading brokerage.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
We compare these features to make it easier for you to make a more informed choice.
Here are the top Forex Or Options.
Compare Forex Or Options min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are forex or options. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more forex or options that accept forex or options clients
Broker |
eToro
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IC Markets
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XTB
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AvaTrade
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Roboforex
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FP Markets
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Trading212
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Plus500
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Pepperstone
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EasyMarkets
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XM
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Rating | |||||||||||
Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | 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 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) |
Min Deposit | 200 | 200 | No minimum deposit | 250 | 1 | 100 | 1 | 100 | 200 | 100 | 5 |
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Used By | 17,000,000+ | 180,000+ | 250,000+ | 200,000+ | 10,000+ | 10,000+ | 14,000,000+ | 15,500+ | 10,000+ | 142,500+ | 70,000+ |
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Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
Support |
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Learn More |
Sign
Up with etoro |
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Up with icmarkets |
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Up with xtb |
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Up with avatrade |
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Up with roboforex |
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Up with fpmarkets |
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Up with trading212 |
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Up with plus500 |
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Up with pepperstone |
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Up with easymarkets |
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Up with xm |
Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk | Your capital is at risk |
Demo |
eToro Demo |
IC Markets Demo |
XTB Demo |
AvaTrade Demo |
Roboforex Demo |
FP Markets Demo |
Trading 212 Demo |
Plus500 Demo |
Pepperstone Demo |
easyMarkets Demo |
XM Demo |
Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE | BE, BR, KP, NZ, TR, US, CA, SG | US, JP | US, JP, NZ | US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | BR, KR, IR, IQ, SY, JP, US | US | US, CA, IL, KR, IR, MM, CU, SD, SY |
You can compare Forex Or Options ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Forex Or Options for 2021 article further below. You can see it now by clicking here
We have listed top Forex or options below.