OptionsHouse Rated 3/5

OptionsHouse Guide - Read our In Depth 2021 OptionsHouse Review

This OptionsHouse review was written by industry experts with over 20 years of financial experience in Forex trading, CFD trading, Social trading, Share Dealing.

Benefits of Trading with OptionsHouse

OptionsHouse Review 2021 Quick Summary
💰 Min Deposit No minimum deposit
👱‍♂️ Used By 10,000 OptionsHouse users and traders
📆 Founded 2008
🌍 HQ United states
👮‍♂️ Regulation Financial Industry Regulatory Authority (FINRA)
🚫 Excluded Countries OptionsHouse is not available in the following countries :

Open OptionsHouse's Website

Your capital is at risk


learn more Learn more about eToro.
67% of retail investor accounts lose money when trading CFDs with this provider.

What is OptionsHouse?

OptionsHouse are a global online financial trading platform and multi asset broker founded in 2008

Over 13 years later OptionsHouse has grown to offering retail investors Forex trading, CFD trading, Social trading, and Share Dealing trading.

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

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

We will dive deep in this OptionsHouse review and assess how well the OptionsHouse platform functions in its role as an international multiple financial asset trading platform for traders in 2021.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like OptionsHouse can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of OptionsHouse we breakdown the pros and cons. What OptionsHouse are able to offer, what countries OptionsHouse are available in. Who OptionsHouse are regulated by and more.

OptionsHouse Review Screenshot

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.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this OptionsHouse review useful.

This review of the OptionsHouse platform is very detailed. If you are interested in trading with OptionsHouse in any capacity please take the time to read and research the whole OptionsHouse review.

We have tried to explain the ins and outs of financial trading through the OptionsHouse platform as plainly as possible so that you the trader are as informed as possible before you start to use the OptionsHouse trading tools and depositing and withdrawing funds from OptionsHouse.

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with OptionsHouse like Forex trading, CFD trading, Social trading, and Share Dealing trading. you should have confidence in OptionsHouse and know that the management of your financial investments on the OptionsHouse platform are in good hands.

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

With this OptionsHouse 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 review
OptionsHouse is a Multi-Assets Trading Platform with over 183+ Assets

Learn more about OptionsHouse. OptionsHouse is a multi asset platform with 183+ tradable Assets. Assets available on OptionsHouse include Forex trading, CFD trading, Social trading, Share Dealing.

OptionsHouse trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, CFD trading, Social trading, Share Dealing are considered financial assets.

Features of OptionsHouse

OptionsHouse review
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 13 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.

Your capital is at risk

Is my money safe with OptionsHouse?

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.

What are Tier 1 banks and why should OptionsHouse use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in OptionsHouse deposited in a Tier 1 bank?

Having any money you deposit with OptionsHouse means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if OptionsHouse goes out of business for some reason.

Therefore, we can safely conclude that OptionsHouse is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex trading, CFD trading, Social trading, Share Dealing is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. OptionsHouse also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding OptionsHouse. let us look at the OptionsHouse features in more detail.

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.

How OptionsHouse as a Company Compare Against Other Brokers

Broker optionshouse eToro XTB IC Markets
Year Established 2008 2007 2002 2007
Head Office United states Cyprus, UK Poland Australia
Regulation Financial Industry Regulatory Authority (FINRA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) 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) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Used By 10,000+ OptionsHouse users 20,000,000+ eToro users 250,000+ XTB users 180,000+ IC Markets users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit OptionsHouse Visit eToro Visit XTB Visit IC Markets
Risk Warning Your capital is at risk 67% of retail investor accounts lose money when trading CFDs with this provider. 77% 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. Losses can exceed deposits

OptionsHouse review
OptionsHouse Pros and Cons

What we like about OptionsHouse

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

What we don't like about OptionsHouse

OptionsHouse review
OptionsHouse Regulation and Licensing 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 for license approval, this is 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. Financial regulation and license approval is essential.

OptionsHouse is regulated, 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.

Is OptionsHouse Global?

Yes, OptionsHouse is global as OptionsHouse is available in over 194 countries.

OptionsHouse is a global trading platform in the sense that it operates in 194 countries including nations in Europe, Asia, Oceania, and Africa. Major countries OptionsHouse covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. OptionsHouse has a total of more than 10,000 users.

OptionsHouse review
OptionsHouse Fees Explained

  • OptionsHouse withdrawal fees varies on payment method
  • OptionsHouse does charge a fee for inactive accounts.
  • OptionsHouse does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company. Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line.

How OptionsHouse Fees Compare Against Other Brokers

Broker optionshouse eToro XTB IC Markets
Min Deposit 0 200 0 200
Withdrawal Fees varies Yes varies No
Inactivity Fees Yes Yes No
Deposit Fees No No Varies
CFD Commission Fees Yes Yes Yes

OptionsHouse Minimum Deposit

OptionsHouse do not require a minimum desposit when opening a OptionsHouse trading account.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

OptionsHouse Withdrawal Fees

OptionsHouse withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your recieving currency, your payment provider.

OptionsHouse for example allow you to withdraw your funds to Credit cards, Skrill, Neteller.

OptionsHouse Inactivity Fees

OptionsHouse does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

OptionsHouse Desposit Fees

OptionsHouse does charge deposit fees.

You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

OptionsHouse Commission Fees

OptionsHouse does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

OptionsHouse review
What can you trade with OptionsHouse?

Be aware that Different entities under OptionsHouse Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

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

If you are looking for Forex brokers to trade currency pairs on global Forex markets OptionsHouse offer over currency pairs.

Compare OptionsHouse with eToro and XTB below.

Your capital is at risk

How OptionsHouse Trading Options Compare Against Other Brokers

Broker optionshouse eToro XTB IC Markets
Instruments Available 183 2000 4000 232
Platforms cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
FX / Currencies        
Forex pairs offered 50 57 65
Major Forex pairs No Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 21 19
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 2042 1696 110
UK Shares Yes Yes Yes Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit OptionsHouse
Your capital is at risk
Visit eToro
67% of retail investor accounts lose money when trading CFDs with this provider.
Visit XTB
77% 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.
Visit IC Markets
Losses can exceed deposits

OptionsHouse review
Trading on OptionsHouse web platforms and other applications

OptionsHouse offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so 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

Is the OptionsHouse Trading Platform Secure?

OptionsHouse safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. OptionsHouse also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating OptionsHouse.

OptionsHouse Trading Platform Options

Once you have logged into your OptionsHouse account you will see the below trading platform options available to you.

  • cTrader

OptionsHouse does not offer the MetaTrader 4 (MT4) trading platform. If you are looking for a online platform that does offer MT4 you will find them here

OptionsHouse does not offer the MetaTrader 5 (MT5) trading platform. If you are looking for a online platform that does support MT5 click here

Lets explore each of these trading platforms in detail and what options OptionsHouse gives you.

OptionsHouse review
OptionsHouse cTrader

OptionsHouse cTrader

CTrader is a comprehensive trading platform solution for Forex and CFD brokerages to provide to their traders. The platform is packed with a complete variety of features to cater to each and every investment taste imaginable.

The cTrader Premium Charting and Manual Trading Platform available on OptionsHouse

cTrader is a top multi-asset Forex and CFD trading platform. cTrader offers advanced order types, charting tools, amount II pricing, and quick entry and execution. Using a amazing looking layout and dashboard, it is linked to state of the art infrastructure, that can be accessed from many devices.

IC Markets cTrader

cTrader Copy available on OptionsHouse

CTrader Copy empowers everyone on the platform to share their investment strategy and to share their trading strategy for a fee or commission. Other dealers can search and replicate the approaches available, and revel in a commitment-free investing. Furthermore, traders can use their own risk management configurations.

IC Markets cTrader Copy Trading

cTrader Automate available on OptionsHouse

CTrader Automate provides traders the ability to create algorithmic trading robots to automate financial trading plans. Dealers can use cTrader's contemporary C# API to write code within the IDE, the IDE allows developers optimize and test their financial robots.

cTrader Open API available on OptionsHouse

Build your own software using cTraders Open API. It is a free, secure and publicly available API for all. Developers can take advantage of cTraders mature infrastructure to construct desktop, mobile and online software. The open API allows developers to interact and interface with any cTrader account.

You can learn more about the cTrader Platform Here.

OptionsHouse Trading benefits

  • Low min deposit

OptionsHouse Trading Accounts Offered

Below we give an overview on the account types that OptionsHouse offer. Whatever you are looking to trade the varying OptionsHouse account types will be able to provide you with what you need.

  • 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

Your capital is at risk

OptionsHouse withdrawal and funding methods

Please note that the list of OptionsHouse payment methods below depend on the OptionsHouse Entity and the Clients Country of Residence.

All available OptionsHouse payment methods available to you can be found in your OptionsHouse members area checked on the OptionsHouse website.

OptionsHouse offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about OptionsHouse

OptionsHouse Payment Methods

  • OptionsHouse accepts Credit cards
  • OptionsHouse accepts Skrill
  • OptionsHouse accepts Neteller
Broker optionshouse eToro XTB IC Markets
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 No
Neteller Yes Yes Yes Yes

*please note available OptionsHouse and other broker payment methods depend on the clients country of residence.

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. You will need to provide some basic documentation to prove your identity as part of OptionsHouse onboarding and normal KYC identity checks. These checks are standard practice and help OptionsHouse provide a safe financial environment for their 10,000 users.

Your capital is at risk

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 instruments.

CFD Trading on OptionsHouse

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

OptionsHouse offer CFD which 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 CFD trading. Although high risk because CFD trades are separate from the financial markets, a CFD trade can be more flexible than a traditional market trade where you own the underlying asset. CFD trades give access to CFD fractional shares, CFD international markets and CFD short selling. More advanced traders can also use CFDs to hedge.

Always be aware that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Your capital is at risk

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. Make sure you make full use of all education tools. This includes eduction tools with OptionsHouse and externally.

OptionsHouse offer a good selection of educational resources. Take your time, learn how the financial markets move. Take the time to learn how your trading platform works. Make buy and sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing 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

As part of our OptionsHouse review we review customer service options, response times and OptionsHouse trading platform problem resolution effectiveness.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 IC Markets
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, Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Learn More Visit OptionsHouse Visit eToro Visit XTB Visit IC Markets
Risk Warning Your capital is at risk 67% of retail investor accounts lose money when trading CFDs with this provider. 77% 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. Losses can exceed deposits

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:

Be aware that the expiration date of Proof of address document for different entities under OptionsHouse Brand may be different.

  • 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 3 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 the OptionsHouse trading platform 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 July 25, 2021.

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 13 years.
  • OptionsHouse has a reasonable sized customer support of at least 10.
  • OptionsHouse are regulated by the 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 Tier 1 reputable regulators.
  • 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 Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments including crpytocurrency and foreign currency markets come with a very high level of risk. In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility. It should never be presumed that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss.

OptionsHouse not quite right?

If after reading this OptionsHouse review, OptionsHouse does not fulfill your needs check out these OptionsHouse Alternatives.

Click here to view the best 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 Vs Comparisons

We have covered allot in this OptionsHouse review, If you want to see how OptionsHouse compares side by side with other brokers check out our OptionsHouse Vs pages.

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 our indepth OptionsHouse VS pages below.

OptionsHouse review
OPTIONSHOUSE Frequently Asked Questions

Read our detailed OptionsHouse FAQ Section updated for 2021.

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?

Please note that the list of payment methods below depend on the OptionsHouse Entity and the Clients Country of Residence.

OptionsHouse offer the following funding payment methods 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.

Your capital is at risk

Is OptionsHouse trading good?

OptionsHouse is considered good and reputable to trade with OptionsHouse. OptionsHouse is used by over 10,000 active traders and OptionsHouse users. OptionsHouse offers Forex trading, CFD trading, Social trading, and Share Dealing trading. Minimum deposit with OptionsHouse is 0.

Is OptionsHouse trading Legit?

OptionsHouse was founded in United states in 2008. OptionsHouse has been facilitating trade on the financial markets for over 13 years. OptionsHouse offers clients Forex trading, CFD trading, Social 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, CFD trading, Social 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 by 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 the Financial Industry Regulatory Authority (FINRA). Regulatory bodies conduct regular reviews and audits as part of OptionsHouse maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

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 the 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 13 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 a fee for inactive accounts. OptionsHouse does charge deposit fees.

When was OptionsHouse founded?

OptionsHouse was founded in 2008.

How many people use OptionsHouse?

OptionsHouse is used by over 10,000 registered OptionsHouse users.

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. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

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 OptionsHouse users and 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?

Please note that funding methods and funding options available with OptionsHouse can be found in the OptionsHouse Members area and depend on the OptionsHouse client’s country of residence. Please check your specific available payment methods on the OptionsHouse website. 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