eOption Review

eOption Logo

In 2007, eOption was established to provide traders from across the world with efficient access to the global financial markets. eOption is based in the United States of America and operates the STP execution model, which offers access to the interbank markets. The award-winning broker provides traders with a proprietary platform for trading options, bonds, equities, mutual funds, and other financial instruments. The broker offers low-cost trading services, including ultra-low commission fees and a minimum deposit of just $1. In addition, their clients benefit from essential trading resources — helpful trading tools, learning resources, and a client support team — to ensure an enhanced trading experience. The minimum deposit required to start trading is $1.

EOption Awards and Recognitions
EOption Awards and Recognitions

eOption Review Introduction

In this eOption review, we will take a look at some of the most important factors worth considering when choosing a broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.

You may also wish to view my best brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my broker reviews. You can also use my free trading tool to compare brokers, including eOption.

eOption Platforms & Tools

eOption clients can trade the various available financial instruments using the Free eOption Trader. It is an intuitive trading platform that was developed in-house by the broker’s team of fintech experts. The platform allows traders to get the most out of their trades with its range of built-in trading tools. The broker makes the Free eOption Trader available as a desktop application for Windows and Mac computers; WebTrader that runs on most modern web browsers — Chrome, Safari, Mozilla, and Firefox — without needing to download or install any software; and a mobile app that is designed for Smartphone devices running on Android and iOS. The mobile app is best suited for traders who wish to access their trading platform on their mobile devices even while on the go.

EOption Trading Platform
EOption Trading Platform

eOption Research & Education

eOption improves the trading skills of its clients by providing them with several educational materials, including educational articles, blogs, research tools, analysis tools, and video tutorials.

eOption Trading Accounts

The broker offers one live trading account option. The account requires a minimum deposit of $1 and charges very low commission fees, starting from $0.

eOption Account Funding

eOption allows traders to deposit and withdraw funds to and from their trading accounts using wire transfer, ACH, checks, and account transfer.

eOption Customer Service

All trading inquiries are sent to a knowledgeable client support team who are available 24/5 and can be reached via any of the following contact channels: telephone, email, online form, and social media.

eOption Regulation

While there is no regulatory information on the broker’s website, the broker is based in the United States of America, so it must abide by the SEC and FINRA.

eOption Review Summary

Based in Glenview, Illinois, eOption is an award-winning trading broker that provides traders with an in-house-developed trading platform to access multiple financial instruments. eOption is reputed for offering low-cost brokerage services to its global clientele. They provide traders with a good selection of educational resources and the benefits of a reliable customer support team. The minimum deposit required to start trading is $1. However, there is no regulatory information on the broker’s website, which could discourage prospective clients from opening an account with them.

It is worth mentioning that some of the trading products and services in this eOption review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the eOption broker website, which you can visit by using the link below.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. It would help if you considered whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

eOption

6

Spreads

7.5/10

Liquidity

7.5/10

Commissions

7.5/10

Support

7.5/10

Regulation

0.0/10

Features

  • Proprietary trading platform
  • Educational resources
  • Multiple financial instruments across different asset classes
  • Minimum $1 deposit