OptionWeb Review for 2019

OptionWeb Rated 2/5
OptionWeb have a low rating. We recommend you look at one of their alternative brokers.
Plus500 matches your criteria. Visit Plus500 now here.

OptionWeb Introduction

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 OptionWeb we break down 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.

Benefits of trading with OptionWeb

Open OptionWeb's Website

Losses can exceed deposits

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

With this 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 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.


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 7 years OptionWeb have a head office in Cyprus.

OptionWeb is regulated. This means OptionWeb are supervised by and is checked for conduct by the 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.

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.

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.

What we like

  • Used by over 10,000 traders
  • Established in 2012
  • Regulated by CySEC
  • Min. deposit from $200

What we don't like

OptionWeb General Fees

  • OptionWeb doesn't charge withdrawal fees
  • OptionWeb doesn't charge inactivity fees

OptionWeb Commissions

  • OptionWeb does charge commission on CFD shares.

What can you trade with OptionWeb?

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

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

Compare OptionWeb with Plus500 and XTB below.

Losses can exceed deposits

FX / Currencies OptionWeb Plus500 XTB
Forex pairs offered 100 50
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes
Exotic forex pairs Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs OptionWeb Plus500 XTB
Commodities offered 17 21
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs OptionWeb Plus500 XTB
Stocks offered 1816 1696
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
OptionWeb
Instruments
Plus500
Instruments
XTB
Instruments

Trading on OptionWeb web platforms and other applications

OptionWeb 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.

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 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

What funding methods do OptionWeb accept?

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

  • Credit cards
  • Bank Transfer
  • Skrill
  • Neteller

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.

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 trader, accounts and instruments.

Support at OptionWeb

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

What you will need to open an account with OptionWeb

As OptionWeb is regulated by 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:

  • 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 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 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.optionweb.com/ on 12th August 2018.

OptionWeb not quite right?

Check out these 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.

Related OptionWeb Comparisons

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 some indepth OptionWeb VS pages below.

OPTIONWEB Frequently Asked Questions

Can I try OptionWeb before I buy?

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

What funding methods do OptionWeb accept?

OptionWeb offer the following funding payment methods accept Credit cards, Bank Transfers, Skrill, Neteller, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

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 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.