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Table of Contents
Eoption Review: is eoption legit or scam? It’s better to find out before trading on the platform. It could be risky to trade with a broker you don’t trust. Getting to know how a platform works, when to invest and when to skip a broker should be priority of a every good trader. Especially in binary options, a number of brokers have claimed to be best. It’s very easy to say but not easy to practice. If you want to know if a broker is legit, compare it with well known brokers. In binary options, compare with binarycent, Raceoption, iqoption, iqcent and pocket option. If we compare eoption with other binary broker; You will see that they are not far from the quality of our above mentioned brokers. Thus, we have hop on reliable platform
Eoption Review
Eoption.com is a domain registered in 1997 by Network Solutions, LLC. However this domain is now used for a low- cost binary options service. Founded in 2007 by group of experts for a better trading service. The purpose of this broker is for a better Platform and fee reduction. Even as they have succeed in giving traders efficient trading environment. However this is to execute trades with a deep discount on commission. Eoption ensure security of your investment with up $150 million on Securities Investor Protection Corporation (SIPC). More-so the broker is highly protected by other privacy Policy. However this prohibits data transfer to third parties. Though this broker is not regulated no licensed but we will know if you are to open account. More-so check Oranda.trade Review.
Account Types
Eoption offers live account and virtual account. However the real account allows you to trade on the mobile platform. It equally gives you opportunities to get fast execution and lightweight feel with web-based trading access. The minimum deposit is zero and fee is as well zero. Upon that, you trade all listed U.S. equities, equity options, and ETF’s.
Demo Account
Eoption Broker offer demo account to traders. You can trade stocks and options with $100,000 in virtual cash. However the platform for demo is as well as the live account. You can create a watchlist base on your past trade. More-so, there’s a research or educational opportunity for you.
Trading Platform
Eoption offer mobile Platform; Options play; Auto trading; Direct access trading and Retirement. It has a good introductory layout both for charting and all round functionality. This make the platform exceptional among other brokers. However, in the process of our eoption review, we opened account with them. The platform has intuitive interface and high quality performing features. More-so the platform is customizable based on your needs. It has a better charting interface that features candle sticks, line chart and more. You can decide to practice with demo before investing.
Customer Support
Eoption binary broker offer 24/5 customer support service. Therefore if you are trading with the broker, you get support from agents all time. The support service is via livechat; Email and Phone. The phone number for customers support is 1-888-793-5333. However for new clients, the phone number is 1-888-793-5333. For mailing information eOption
950 Milwaukee Ave., Ste. 102
Glenview, IL 60025.
Is Eoption Regulated?
Is eoption regulated and licensed by major regulatory agencies?. The answer is no, eoption is not regulated and not licensed. Rather, they protect clients fund with Securities Investor Protection Corporation (SIPC). However this is not a guarantee that you arevtrading with a regulated broker. Therefore eoption is totally below average of top regulated binary options brokers. To trade with one, go for binarycent or nadex
Payment And Withdrawal Methods
Eoption binary broker offer multiple payment methods to traders. This is to give them the opportunity to make choice in deposit and withdrawal. Therefore you can deposit via Mastercard and credit cards; Wire transfer; Bank transfer; Checks and Stock certificate. Please read guide on deposit and withdrawal policy and security.
However you should still remember that the minimum deposit is zero.
Is Eoption Legit?
We will always ask if eoption is legit and reliable or just a con binary site. But the answer is no, that is to say that eoption binary broker is not legit. This is because in the process of our eoption review we visited the site. We opened account and we tried trading with the platform. But the platform is more confusing than looking at it. More-so, you find it difficult to understand how it works. Start from account creation trading platform and funding methods. Therefore we cannot trus what will happen to the traders with this low information.
Broker | Info | Bonus | Open Account |
---|---|---|---|
Regulation: Leverage: Demo Account: Yes Min Deposit: $250 |
Visit Broker Read Review |
Eoption Review Conclusion
Finally we will conclude our eoption review by telling you to choose a broker you can trust. However, the outcome of every bad decision is lose of investment. Trading with a broker you can trust is very important. However in the other hand, trading with Raceoption or iqcent is good. We have tried this platform and we are glad to recommend them. Eoption is not legit because of it’s confusing way of doing things. Open account with broker you can trust, the best choice is Raceoption.