OptionWeb Review 2020

OptionWeb Rated 2/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
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OptionWeb Guide - Read our In Depth OptionWeb Review

This OptionWeb review was written by industry experts with over 20 years of financial experience in Binary Options.
The content in this OptionWeb review does not apply to US users.

What is OptionWeb?

OptionWeb are an a global online financial trading platform and multi asset broker founded in 2012

Over 8 years later OptionWeb has grown to offering retail investors Binary Options trading.

OptionWeb are a global broker and have a head office in Cyprus.

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 OptionWeb review and assess how well the OptionWeb platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

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 OptionWeb 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 OptionWeb we breakdown the pros and cons. What OptionWeb are able to offer, what countries OptionWeb are available in. Who OptionWeb 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.

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 OptionWeb review useful.

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

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

Benefits of trading with OptionWeb

Open OptionWeb's Website

Losses can exceed deposits

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 OptionWeb like Binary Options trading. you should have confidence in OptionWeb and know that the management of your financial investments on the OptionWeb platform is in good hands.

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

With this OptionWeb review we hope to help you see if OptionWeb 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 OptionWeb that will help you get off to a good start in the world of online trading.

OptionWeb Review Table of Contents

OptionWeb review
OptionWeb is a Multi-Assets Trading Platform with over 50+ Assets

Learn more about OptionWeb. OptionWeb is a multi asset platform with 50+ tradable Assets. Assets available on OptionWeb include Binary Options.

OptionWeb 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 Binary Options are considered financial assets.

OptionWeb review
Features of OptionWeb

OptionWeb review
What you should know

OptionWeb offer one way to trade: Binary Options.

With OptionWeb you will need a minimum deposit of $200. You can sign up for a demo account to acquaint yourself with OptionWeb platform.

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

OptionWeb review
Are OptionWeb safe?

When choosing a broker like OptionWeb 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 2012, and in operation for 8 years OptionWeb have a head office in Cyprus.

OptionWeb is regulated. This means OptionWeb are supervised by and is checked for conduct by the Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

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

OptionWeb review
Is my money safe with OptionWeb?

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

For added security OptionWeb 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 OptionWeb 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 OptionWeb deposited in a Tier 1 bank?

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

Therefore, we can safely conclude that OptionWeb 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 Binary Options 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. OptionWeb also clearly state on their platform that Losses can exceed deposits.

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

Try creating two accounts when you are working with OptionWeb. 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 OptionWeb

Losses can exceed deposits

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

How OptionWeb as a Company Compare Against Other Brokers

Broker OptionWeb eToro IC Markets XTB
Year Established 2012 2006 2007 2002
Head Office Cyprus Cyprus, UK Australia Poland
Regulation Cyprus Securities and Exchange Commission (CySEC) 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)
Used By 10,000+ OptionWeb users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit OptionWeb Visit eToro Visit IC Markets Visit XTB
Risk Warning Losses can exceed deposits 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% 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.

OptionWeb review
OptionWeb Pros and Cons

What we like about OptionWeb

  • Used by over 10,000 OptionWeb users and traders
  • Established in 2012
  • Regulated by Cyprus Securities and Exchange Commission (CySEC)
  • Min. deposit from $200

What we don't like about OptionWeb

OptionWeb review
OptionWeb Regulation and Licensing in more detail

We have checked and OptionWeb is regulated and supervised by reputable organisations. You are able to check every OptionWeb supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with OptionWeb. 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 OptionWeb traders and provide a safe trading environment.

OptionWeb 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 OptionWeb you should be sure they're legitimate online agent.

OptionWeb review
Is OptionWeb Global?

Yes, OptionWeb is global as OptionWeb is available in over 192 countries.

OptionWeb is a global trading platform in the sense that it operates in 192 nations including nations in Europe, Asia, Oceania, and Africa. Major countries OptionWeb covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. OptionWeb has a total of more than 10,000 users.

OptionWeb review
OptionWeb Fees Explained

  • OptionWeb doesn't charge withdrawal fees
  • OptionWeb does not charge a fee for inactive accounts.
  • OptionWeb doesn't 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 fees.

How OptionWeb Fees Compare Against Other Brokers

Broker OptionWeb eToro IC Markets XTB
Min Deposit 200 200 200 0
Withdrawal Fees No Yes No varies
Inactivity Fees No Yes No No
Deposit Fees No No Varies No
CFD Commission Fees N/A No Yes Yes

OptionWeb review
OptionWeb Minimum Deposit

OptionWeb require a minimum desposit of 200 GBP/USD when opening an OptionWeb trading account.

A minimum deposit is the minimum amount of money required by OptionWeb to open a new online brokerage account with them.

Dont be scared off by brokers like OptionWeb charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

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 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.

OptionWeb review
OptionWeb Withdrawal Fees

OptionWeb doesn't charge withdrawal fees.

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 and processing times.

OptionWeb for example allow you to withdraw your funds to Credit cards, Bank transfer, Neteller, Skrill.

OptionWeb review
OptionWeb Inactivity Fees

OptionWeb does not 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.

OptionWeb review
OptionWeb Desposit Fees

OptionWeb does not charge deposit fees.

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.

OptionWeb review
OptionWeb Commission Fees

OptionWeb 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.

OptionWeb review
What can you trade with OptionWeb?

Be aware that Different entities under OptionWeb 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 OptionWeb over 50 instruments infact.

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

Compare OptionWeb with eToro and IC Markets below.

Losses can exceed deposits

How OptionWeb Trading Options Compare Against Other Brokers

Broker OptionWeb eToro IC Markets XTB
Instruments Available 50 2000 232 4000
Platforms Binary, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 50 65 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes
Exotic Forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 19 21
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 957 100 1696
UK Shares Yes Yes No Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit OptionWeb
Losses can exceed deposits
Visit eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% 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.

OptionWeb review
Trading on OptionWeb web platforms and other applications

OptionWeb 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.

OptionWeb 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 OptionWeb's platforms

OptionWeb review
Is the OptionWeb Trading Platform Secure?

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

OptionWeb review
OptionWeb Trading Platform Options

OptionWeb does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

OptionWeb offer an their own custom trading platform developed and tested in house. The OptionWeb trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades. The OptionWeb platform allows traders to filter the financial marketplace for trade opportunities that match a criteria. With OptionWeb you can look for and examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the OptionWeb platform including news and quotes. Discover possible trades with the strong charting tools found with OptionWeb. OptionWeb is available as downloadable applications or online through the cloud. Monitor your orders with OptionWeb and receive breaking news in your positions.

OptionWeb Trading benefits :

  • Low min deposit

OptionWeb Trading Accounts Offered :

  • Demo account
  • Standard account
  • Islamic account

Can I try OptionWeb before I buy?

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

Losses can exceed deposits

OptionWeb withdrawal and funding methods.

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

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

OptionWeb Payment Methods

  • OptionWeb accepts Credit cards
  • OptionWeb accepts Bank transfer
  • OptionWeb accepts Neteller
  • OptionWeb accepts Skrill
Broker OptionWeb eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer No Yes No Yes
Neteller Yes Yes Yes Yes

How can I start trading with OptionWeb?

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

Losses can exceed deposits

Performing trades with OptionWeb

With OptionWeb, the minimum and maximum trade requirements vary depending on the trader and the instrument.

As a market maker, OptionWeb 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.

Education resources at OptionWeb

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

OptionWeb 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 OptionWeb.

Take time to look around the OptionWeb 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 OptionWeb

OptionWeb support a wide range of languages including English, French, Italian

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

Livechat Support at OptionWeb

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

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

Email Support at OptionWeb

We sent several emails to OptionWeb and answer times overall were excellent. The fastest response from OptionWeb was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with OptionWeb, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from OptionWeb.

Phone Support at OptionWeb

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

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

Overall the phone support from OptionWeb was okay.

See how OptionWeb Support Compares Against Other Brokers

Broker OptionWeb eToro IC Markets XTB
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, French, Italian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit OptionWeb Visit eToro Visit IC Markets Visit XTB
Risk Warning Losses can exceed deposits 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% 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 OptionWeb

As OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC), 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 Please kindly note that the expiration date of Proof of address document for different entities under OptionWeb 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 OptionWeb'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 OptionWeb you can visit the OptionWeb 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.optionweb.com/ on November 27, 2020.

OptionWeb review
Is OptionWeb A Good Broker?

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

  • OptionWeb have a good track record of offering Binary Options.
  • OptionWeb has a history of over 8 years.
  • OptionWeb has a reasonable sized customer support of at least 10.
  • OptionWeb are regulated by Cyprus Securities and Exchange Commission (CySEC). This means OptionWeb 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.
  • OptionWeb have regulation from a Tier 1 reputable country.
  • OptionWeb has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • OptionWeb have an international presence in multiple countries. This includes local OptionWeb seminars and training.
  • OptionWeb are able to hire people from various locations in the world who can better communicate in your local language.

OptionWeb Risk Disclaimer

Losses can exceed deposits

OptionWeb review
OptionWeb not quite right?

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

Click here to view the best OptionWeb Alternatives

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

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

OptionWeb review
Related OptionWeb Vs Comparisons

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

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

OptionWeb review
OPTIONWEB Frequently Asked Questions

Can I try OptionWeb before I buy?

OptionWeb offer a demo account so you can try the OptionWeb platform before you put down a payment. Learn more here

What funding methods do OptionWeb accept?

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

OptionWeb offer the following funding payment methods Credit cards, Bank transfer, Neteller, Skrill, among other payment methods.
Learn more here

Losses can exceed deposits

Is OptionWeb safe?

OptionWeb are considered safe as they are regulated by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC). Any payments funded to OptionWeb accounts by traders are held in a segregated bank account. For added security OptionWeb use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is OptionWeb trading good?

OptionWeb is considered good and reputable to trade with OptionWeb. OptionWeb is used by over 10000 active traders and OptionWeb users. OptionWeb offers Binary Options trading. Minimum deposit with OptionWeb is 200.

Is OptionWeb trading Legit?

OptionWeb was founded in Cyprus in 2012. OptionWeb has been facilitating trade on the financial markets for over 8 years. OptionWeb offers clients Binary Options trading. All funds deposited to OptionWeb are held in segregated tier 1 bank accounts for security. OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC) so can be considered legit.

Is OptionWeb a good broker?

OptionWeb is overseen by the top tier financial regulators Cyprus Securities and Exchange Commission (CySEC) so can be considered a good broker. OptionWeb allows Binary Options trading.

Is OptionWeb trustworthy broker?

OptionWeb can be considered trustworthy. All money funded to OptionWeb is placed into a segregated tier 1 bank account. this means your money in not held by OptionWeb directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC).

What is the minimum deposit for OptionWeb?

The minimum deposit to trade with OptionWeb is 200.

How long do OptionWeb withdrawals take?

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

Is OptionWeb regulated?

OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC).

Is OptionWeb a market maker?

OptionWeb is a market maker. Stocks, currency and other commodities and instruments will be purchased by OptionWeb even if no buyer is lined up.

How can I start trading with OptionWeb?

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

Is my money safe with OptionWeb?

OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC). One of the most important criteria for traders when choosing a broker like OptionWeb 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 OptionWeb, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is OptionWeb a con?

OptionWeb is regulated and well established having been in business for over 8 years. OptionWeb is definitely not a con.

Can you make money with OptionWeb?

Although traders have had great success with OptionWeb. Trading on the financial markets with OptionWeb 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. Losses can exceed deposits.

Does OptionWeb have fees?

OptionWeb doesn't charge withdrawal fees. OptionWeb doesn't charge inactivity fees. OptionWeb doesn't charge deposit fees.

When was OptionWeb founded?

OptionWeb was founded in 2012.

How many people use OptionWeb?

OptionWeb is used by over 10000 registered OptionWeb users.

What is OptionWeb Headquarters country?

OptionWeb has its head quarters office in Cyprus.

Does OptionWeb offer negative balance protection?

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

Does OptionWeb offer guaranteed stop loss?

OptionWeb 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 OptionWeb allow scalping?

OptionWeb does not offer scalping.

Does OptionWeb allow hedging?

OptionWeb does not offer hedging.

Does OptionWeb offer CFD trading?

OptionWeb does not offer CFD trading.

Does OptionWeb offer STP?

OptionWeb does not offer STP trading.

How many people use OptionWeb?

OptionWeb is used by over 10000 OptionWeb users and traders.

Is OptionWeb an ECN broker?

OptionWeb does not offer ECN trading.

Does OptionWeb offer a demo account?

OptionWeb offers a demo account.

Does OptionWeb offer an Islamic account?

OptionWeb offers a Islamic accounts.

What are the funding methods for OptionWeb?

OptionWeb accept the following funding methods : Credit cards, Bank transfer, Neteller, Skrill.

OptionWeb review written by Andrew Blumer and Mark Hansen

We hope you found our review of the OptionWeb 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.

OptionWeb review written by Mark Hansen of Comparebrokers.co