eoption what you should know
eoption offer four ways to trade: Forex trading, CFD trading, Social trading, Share Dealing.
With eoption you will need a minimum deposit of $500. You can sign up for a demo account to acquaint yourself with eoption platform.
eoption are able to accommodate various levels of traders whether you are experienced or a beginner.
Are eoption safe?
When choosing a broker like eoption the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.
Established in , and in operation for 2019 years eoption have a head office in USA.
eoption is regulated. This means eoption are supervised by and is checked for conduct by the regulatory bodies.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to eoption, this will be honored. If eoption violate any regulatory rules their regulated status could be stripped.
Any payments funded to eoption accounts by traders are held in a segregated bank account.
For added security eoption use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.
Try creating two accounts when you are working with eoption. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.
Open a demo account Visit eoption
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
eoption General Fees
- eoption withdrawal fees varies on payment method
- eoption does charge inactivity fees
eoption Commissions
- eoption does charge commission on CFD shares
What can you trade with eoption?
You can trade a wide variety of instruments with eoption over 274 instruments infact.
If you are looking at trading currency pairs eoption offer over currency pairs.
Compare eoption with Interactive Brokers and XTB below.
| FX / Currencies | eoption | IB | XTB |
|---|---|---|---|
| # of forex pairs offered | 10 | 50 | |
| Major forex pairs | Yes | Yes | Yes |
| Minor forex pairs | No | Yes | |
| Exotic forex pairs | No | Yes | |
| Cryptocurrencies | No | No | Yes |
| Commodity CFDs | eoption | Interactive Brokers | XTB |
|---|---|---|---|
| # of commodities offered | 0 | ||
| Metals | No | Yes | Yes |
| Energies | No | Yes | Yes |
| Agricultural | No | Yes | Yes |
| Indiced & Stock CFDs | eoption | Interactive Brokers | XTB |
|---|---|---|---|
| # of Stocks offered | 1500 | ||
| UK Shares | Yes | Yes | Yes |
| US Shares | No | Yes | Yes |
| German Shares | No | Yes | Yes |
| Japanese Shares | No | Yes | Yes |
|
eoption's
Instruments |
IB's
Instruments |
XTB's
Instruments |
Trading on eoption web platforms and other applications
eoption offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.
An eoption IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device
eoption also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.
See eoption's platformseoption Trading benefits :
eoption Trading Accounts offered:
- Micro account
- Mini account
- Standard account
- MAM/PAMM account
- Islamic account
Can I try eoption before I buy?
eoption offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade
What funding methods do eoption accept?
eoption offer the below funding payment methods. learn more about eoption
- Skrill
How can I start trading with eoption?
When opening a trading account with eoption, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on eoption trading platforms here.
Performing trades with eoption
eoption allow you to execute a minimum of trade of . This may vary depending on the account you open. eoption allow you to execute a maxium trade of .
As a market maker, eoption may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.
As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, eoption offer margin up to % on currencies.
Support at eoption
eoption support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian
What you will need to open an account with eoption
As eoption is regulated by , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:
- A scanned colour copy of your passport, driving license or national ID
- A utility bill or bank statement from the past three months showing your address
You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.
While you might be able to explore eoption's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.
To start the process of opening an account with eoption you can visit their website here.
CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.eoption.com/ on 12th August 2018.
eoption not quite right?
Check out these eoption alternatives
We have spent years researching the best alternatives to eoption. Click the links below to learn more.
EOPTION Frequently Asked Questions
Can I try eoption before I buy?
eoption do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here
What funding methods do eoption accept?
eoption offer the below funding payment methodsSkrill, among other payment methods. Learn more here
How can I start trading with eoption?
When opening a trading account with eoption, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on eoption trading platforms here.
Is my money safe with eoption?
eoption is not currently regulated. Do not let this stop you considering eoption, just make sure you are aware of the risks.
It is not uncommon for investors to deal with either regulated or non-regulated brokers.
Unregulated Brokers can trade for you in any country you want. In Europe for example some regulated brokers will not accept customers in the USA.
Unregulated brokers run their business with lower operating cost. This is because they do not have to pay for costly regulations or license fees.
Unregulated brokers charge less than regulated brokers. The cost savings are passed to you as a trader which means better return on investment.