OptionsHouse Review 2020

OptionsHouse Rated 3/5
learn more Learn more about eToro. 62% 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.

OptionsHouse Guide

OptionsHouse are an online broker founded in 2008 offering Forex trading trading, CFD trading trading, Social trading trading, and Share Dealing trading.

OptionsHouse are a global broker and have a head office in United states.

OptionsHouse have a listed stock symbol. This means that OptionsHouse have publically listed and you can officially buy shares in OptionsHouse on one of the worlds global market exchanges.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of OptionsHouse we break down the pros and cons. What OptionsHouse are able to offer, what countries OptionsHouse are available in. Who OptionsHouse are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with OptionsHouse

  • Regulated by: Financial Industry Regulatory Authority (FINRA)
  • Headquarters Country : United states
  • Foundation year 2008
  • Min Deposit : No minimum deposit.
  • Used by over 10,000 traders
  • OptionsHouse is not available in the following countries :
Open OptionsHouse's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to OptionsHouse

With this review we hope to help you see if OptionsHouse is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding OptionsHouse that will help you get off to a good start in the world of online trading.

OptionsHouse Review Table of Contents

OptionsHouse what you should know

OptionsHouse offer four ways to trade: Forex trading, CFD trading, Social trading, Share Dealing.

With OptionsHouse you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with OptionsHouse platform.

OptionsHouse are able to accommodate various levels of traders whether you are experienced or a beginner.


Are OptionsHouse safe?

When choosing a broker like OptionsHouse 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 2008, and in operation for 12 years OptionsHouse have a head office in United states.

OptionsHouse is regulated. This means OptionsHouse are supervised by and is checked for conduct by the Financial Industry Regulatory Authority (FINRA) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to OptionsHouse, this will be honored. If OptionsHouse violate any regulatory rules their regulated status could be stripped.

Any payments funded to OptionsHouse accounts by traders are held in a segregated bank account.

For added security OptionsHouse 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 OptionsHouse. 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 OptionsHouse

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker optionshouse eToro XTB Pepperstone
Year Established 2008 2006 2002 2010
Head Office United states Cyprus, UK Poland Australia
Regulation Financial Industry Regulatory Authority (FINRA) Financial Conduct Authority (FCA), 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 Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Used By 10,000+ 12,000,000+ 250,000+ 10,000+
Negative balance protection No Yes Yes
Guaranteed Stop Loss No Yes No
Learn More Visit OptionsHouse Visit eToro Visit XTB Visit Pepperstone
Risk Warning Your capital is at risk 62% 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. Your capital is at risk CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% 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

OptionsHouse Pros and Cons

What we like about OptionsHouse

  • Used by over 10,000 traders
  • Established in 2008
  • Regulated by Financial Industry Regulatory Authority (FINRA)
  • Min. deposit from $0

What we don't like about OptionsHouse

OptionsHouse Financial Regulation and Supervision in more detail

We have checked and OptionsHouse is regulated and supervised by reputable organisations. You are able to check every OptionsHouse supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with OptionsHouse. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect OptionsHouse traders and provide a safe trading environment.

OptionsHouse is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as OptionsHouse you should be sure they're legitimate online agent.

OptionsHouse General Fees

  • OptionsHouse withdrawal fees varies on payment method
  • OptionsHouse does charge inactivity fees
  • OptionsHouse does charge deposit fees
Broker optionshouse eToro XTB Pepperstone
Min Deposit 0 200 0 200
Withdrawl Fees varies Yes varies No
Inactivity Fees Yes No Yes
Deposit Fees No No No
CFD Commission Fees No Yes Yes

OptionsHouse Commissions

  • OptionsHouse does charge commission on CFD instruments.

What can you trade with OptionsHouse?

You can trade a wide variety of instruments with OptionsHouse over 183 instruments infact.

If you are looking at trading currency pairs OptionsHouse offer over currency pairs.

Compare OptionsHouse with eToro and XTB below.

Your capital is at risk

Broker optionshouse eToro XTB Pepperstone
Instruments Available 183 100 1,500 100
Platforms cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
FX / Currencies Visit OptionsHouse Visit eToro Visit XTB Visit Pepperstone
Forex pairs offered 50 50 70
Major forex pairs No Yes Yes Yes
Minor forex pairs No Yes Yes Yes
Exotic forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs Visit OptionsHouse Visit eToro Visit XTB Visit Pepperstone
Commodities Offered 0 0 21 16
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes No
Indiced & Stock CFDs Visit OptionsHouse Visit eToro Visit XTB Visit Pepperstone
Stocks Offered 957 1696 60
UK Shares Yes Yes Yes No
US Shares No Yes Yes No
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes No

Trading on OptionsHouse web platforms and other applications

OptionsHouse 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.

OptionsHouse is one of a handful of brokers that offer the cTrader platform developed for traders. For a list of forex brokers that offer the cTrader platform, check out our comparison of MT4 brokers.

OptionsHouse 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 optionshouse's platforms

OptionsHouse Trading benefits :

  • Low min deposit

OptionsHouse Trading Accounts Offered :

  • Islamic account

Can I try OptionsHouse before I buy?

OptionsHouse offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

OptionsHouse withdrawl and funding methods.

OptionsHouse offer the below funding payment methods. learn more about OptionsHouse

  • Credit cards
  • Skrill
  • Neteller
Broker optionshouse eToro XTB Pepperstone
Bank transfer No Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer No Yes Yes Yes
Neteller Yes Yes Yes Yes

How can I start trading with OptionsHouse?

When opening a trading account with OptionsHouse, 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 OptionsHouse trading platforms here.

Performing trades with OptionsHouse

OptionsHouse allow you to execute a minimum of trade of 4.95. This may vary depending on the account you open. OptionsHouse allow you to execute a maxium trade of varies.

As a market maker, OptionsHouse 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.

OptionsHouse Leverage and OptionsHouse CFDs Explained

let's take a look at some of the basics of using OptionsHouse leverage.

OptionsHouse offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

OptionsHouse leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the OptionsHouse trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The OptionsHouse leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

OptionsHouse CFDs are typically used for short to medium term trades. For example OptionsHouse intraday trading.

Education resources at OptionsHouse

To trade effectively with OptionsHouse, it's important to get a have a good understanding of the OptionsHouse trading tools and the markets.

OptionsHouse offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with OptionsHouse.

Take time to look around the OptionsHouse platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at OptionsHouse

OptionsHouse support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

OptionsHouse have a D grade support rating because because sometimes the response was slow or our query wasnt answered. OptionsHouse less customer support features compared to other brokers like live chat, phone and email support. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at OptionsHouse

We tested the OptionsHouse live chat and it works well. We sent messages to OptionsHouse livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.

We tested communicating with OptionsHouse support in multiple languages in multiple countries. OptionsHouse where able to resolve our customer issues.

Email Support at OptionsHouse

OptionsHouse does not offer Email Support.

Phone Support at OptionsHouse

We called OptionsHouse and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The OptionsHouse phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual OptionsHouse team by calling in varying languages. OptionsHouse made an effort to make sure our queries were answered.

Overall the phone support from OptionsHouse was okay.

See how OptionsHouse Support Compares Against Other Brokers

Broker optionshouse eToro XTB Pepperstone
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, and Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Learn More Visit OptionsHouse Visit eToro Visit XTB Visit Pepperstone
Risk Warning Your capital is at risk 62% 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. Your capital is at risk CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% 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

What you will need to open an account with OptionsHouse

As OptionsHouse is regulated by Financial Industry Regulatory Authority (FINRA), 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 OptionsHouse'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 OptionsHouse 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.stockbrokers.com/ on 12th August 2018.

Is OptionsHouse A Good Broker?

We spent over 3 months examining OptionsHouse in depth. Although we found some very useful aspects of the OptionsHouse platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative OptionsHouse broker.

  • OptionsHouse have a good track record of offering Forex trading, CFD trading, Social trading, Share Dealing.
  • OptionsHouse has a history of over 14 years.
  • OptionsHouse has a reasonable sized customer support of at least 10.
  • OptionsHouse are regulated by Financial Industry Regulatory Authority (FINRA). This means OptionsHouse fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • OptionsHouse have regulation from a Tier 1 reputable country.
  • OptionsHouse has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • OptionsHouse have an international presence in multiple countries. This includes local OptionsHouse seminars and training.
  • OptionsHouse are able to hire people from various locations in the world who can better communicate in your local language.

OptionsHouse Risk Disclaimer

Your capital is at risk

OptionsHouse not quite right?

Check out these OptionsHouse Alternatives

We have spent years researching the best alternatives to OptionsHouse. Click the links below to learn more.

If you feel some of the above OptionsHouse are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of OptionsHouse alternatives below.

Related OptionsHouse Comparisons

If you would like to see how OptionsHouse stands up against other brokers you can read some of our OptionsHouse comparisons below. We compare side by side some of our top rated OptionsHouse versus comparisons. Read some indepth OptionsHouse VS pages below.

OPTIONSHOUSE Frequently Asked Questions

Can I try OptionsHouse before I buy?

OptionsHouse 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 OptionsHouse accept?

OptionsHouse offer the following funding payment methods accept Credit cards, Skrill, Neteller, among other payment methods.
Learn more here

Your capital is at risk

Is OptionsHouse safe?

OptionsHouse are considered safe as they are regulated by and checked for conduct by the Financial Industry Regulatory Authority (FINRA). Any payments funded to OptionsHouse accounts by traders are held in a segregated bank account. For added security OptionsHouse use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is OptionsHouse trading good?

OptionsHouse is considered good and reputable to trade with. OptionsHouseOptionsHouse is used by over OptionsHouse active traders. OptionsHouse offers Forex trading trading, CFD trading trading, Social trading trading, and Share Dealing trading. Minimum deposit with OptionsHouse is mindeposit.

Is OptionsHouse trading Legit?

OptionsHouse was founded in United states in 2008. OptionsHouse has been facilitating trade on the financial markets for over 12 years. OptionsHouse offers clients Forex trading trading, CFD trading trading, Social trading trading, and Share Dealing trading. All funds deposited to OptionsHouse are held in segregated tier 1 bank accounts for security. OptionsHouse is regulated by Financial Industry Regulatory Authority (FINRA) so can be considered legit.

Is OptionsHouse a good broker?

OptionsHouse is overseen by the top tier financial regulators Financial Industry Regulatory Authority (FINRA) so can be considered a good broker.OptionsHouse allows Forex trading trading, CFD trading trading, Social trading trading, and Share Dealing trading.

Is OptionsHouse trustworthy broker?

OptionsHouse can be considered trustworthy. All money funded to OptionsHouse is placed into a segregated tier 1 bank account. this means your money in not held by OptionsHouse directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also OptionsHouse is regulated by Financial Industry Regulatory Authority (FINRA).

What is the minimum deposit for OptionsHouse?

The minimum deposit to trade with OptionsHouse is 0.

How long do OptionsHouse withdrawals take?

Withdrawing money from OptionsHouse processing time varies but averages 2-5 days.

Is OptionsHouse regulated?

OptionsHouse is regulated by Financial Industry Regulatory Authority (FINRA).

Is OptionsHouse a market maker?

OptionsHouse is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with OptionsHouse?

When opening a trading account with OptionsHouse, 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 OptionsHouse trading platforms here.

Is my money safe with OptionsHouse?

OptionsHouse is regulated by Financial Industry Regulatory Authority (FINRA). One of the most important criteria for traders when choosing a broker like OptionsHouse is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to OptionsHouse, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is OptionsHouse a con?

OptionsHouse is regulated and well established having been in business for over 12 years. OptionsHouse is definitely not a con.

Can you make money with OptionsHouse?

Although traders have had great success with OptionsHouse. Trading on the financial markets with OptionsHouse is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does OptionsHouse have fees?

OptionsHouse withdrawal fees varies on payment method. OptionsHouse does charge inactivity fees. OptionsHouse does charge deposit fees.

When was OptionsHouse founded?

OptionsHouse was founded in 2008.

How many people use OptionsHouse?

OptionsHouse is used by over 10000 registered traders.

What is OptionsHouse Headquarters country?

OptionsHouse has its head quarters office in United states.

Does OptionsHouse offer negative balance protection?

OptionsHouse does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does OptionsHouse offer guaranteed stop loss?

OptionsHouse does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price.

Does OptionsHouse allow scalping?

OptionsHouse does not offer scalping.

Does OptionsHouse allow hedging?

OptionsHouse does not offer hedging.

Does OptionsHouse offer CFD trading?

OptionsHouse offers CFD trading.

Does OptionsHouse offer STP?

OptionsHouse does not offer STP trading.

How many people use OptionsHouse?

OptionsHouse is used by over 10000 traders.

Is OptionsHouse an ECN broker?

OptionsHouse does not offer ECN trading.

Does OptionsHouse offer a demo account?

OptionsHouse does not offer demo account.

Does OptionsHouse offer an Islamic account?

OptionsHouse offers a Islamic accounts.

What are the funding methods for OptionsHouse?

OptionsHouse accept the following funding methods : Credit cards, Skrill, Neteller,

OptionsHouse review written by Andrew Blumer and Mark Hansen

We hope you found our review of the OptionsHouse brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

OptionsHouse review written by Mark Hansen of Comparebrokers.co