+44 151 994 3722

OptionWeb Guide – Read our In-Depth OptionWeb Review

This OptionWeb review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this OptionWeb review does not apply to US users.

This OptionWeb review contains the most recent information about OptionWeb.

If you are a new entrant in the world of trading and broker, so many details will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You will acquire adept at all of the concepts of brokerage as you continue trading. For starters, you have to select the ideal agent who will be clear with you constantly.

In this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program will create hefty returns. OptionWeb is just one such platform that will take you along with your investment to great heights. It is important that you know all about OptionWeb until you trust them with your money.

OptionWeb review

Our full OptionWeb Review covers everything you need to know about trading with OptionWeb. A fantastic broker can multiply your initial investments and give you favorable profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investment goals.

There is no sure-fire way to guarantee profits; therefore, you must carefully analyze your agent before you choose them. It's a frequent misconception that all agents will be exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments in danger.

OptionWeb is a broker that has paved its way successfully to the broker world. In this review, we have tried to collate a number of the vital aspects of OptionWeb. This review will allow you to understand whether OptionWeb is a good match for your own investments or not. We've attempted to breakdown all of the features and fees for your convenience.

OptionWeb Review, Table Of Contents

Who are OptionWeb?

OptionWeb is a foreign exchange broker headquartered in Cyprus and provides a range of instruments for online trading. Since its beginning in 2012, OptionWeb has emerged as a top-tier player in the field of online broker. OptionWeb includes an extremely aggressive and full-featured trading website that is focused on currency, indices, metals, sharesand commodities.

Over the past 9 years, OptionWeb has grown into one of the leading online brokers.

After establishing in 2012, their client base has become as big as 10,000+ clients.

OptionWeb is the favorite for many traders.. Our OptionWeb review found that they are an superb choice for automated trading options. It's best suited for investors who are searching for an assortment of assets. Social and automated trading solutions are the heart at OptionWeb.

Technology plays a substantial role at OptionWeb. OptionWeb offers trading on Binary, Tablet & Mobile apps. OptionWeb is fair, transparent, and also a well-regulated agent by the Cyprus Securities and Exchange Commission (CySEC). Their outstanding array of tools will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.

The trader resource department at OptionWeb is quite enlightening for new traders as it permits them to have a closer look at the financial markets. OptionWeb caters to all sorts of traders and are a must-have broker for almost any well-diversified method of trading.

Benefits of trading with OptionWeb?

Trading with OptionWeb comes with numerous benefits. These benefits are what sets OptionWeb apart from the rest of the online brokers. You need to check all the benefits listed so that you have a better understanding of OptionWeb.

The agent goes to great lengths to understand what traders want. As a result, the service price is low, fast, and convenient. The broker also gives a number of platforms for all kinds of traders. OptionWeb ensures that the individual needs of all traders are completely met.

OptionWeb also includes excellent trading conditions which are available to only an elite class of institutional customers. The tight spreads and quick executions are a great advantage for those traders. The technology embraced by OptionWeb is among the maximum caliber, making sure that it's fast, reliable, and efficient.

OptionWeb acknowledges the importance of having a fast order execution. A fast execution will allow users to exchange without worrying about slippage safely. It is going to also aid the traders to grab the maximum profitable opportunities.

Automated trading is another major facet of OptionWeb. A new dealer can learn from business experts using the automatic trading option. The tight spread starts from as low as 0.0 pips, even though they are available for only razor balances.

OptionWeb has over trading tools to support all kinds of traders. These tools are dynamic and convenient for both the new and experienced traders. The dealers can put aside all their concerns when trading using OptionWeb.

OptionWeb overview

Year Founded: 2012

Regulated By: Cyprus Securities and Exchange Commission (CySEC)

Hedquarters: Cyprus

Minimum Deposit: $200

Number Of Clients: 10,000+

Losses can exceed deposits

If you feel that OptionWeb is not right for you then at the bottom of this OptionWeb review you wil find a lot of alternatives to OptionWeb.

Everything you ought to know about trading with OptionWeb

OptionWeb is a dynamic platform that offers various techniques of online trading. These tools cover the monetary markets considerably. Most of the broker platforms offer fewer procedures than OptionWeb

If you would like to exchange with OptionWeb, you will require a minimum deposit of $200. This deposit is mandatory if you want to begin trading with OptionWeb. This 2021 OptionWeb review will guide you easily about trading with them.

OptionWeb is as versatile as any other broker platform. OptionWeb is excellent for traders who want a manageable range of low-cost services. The programs provided by OptionWeb are third-party, white-label offerings. All traders may select out of Binary, Tablet & Mobile apps.

Together with everything, OptionWeb has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a transaction must be kept open. The brokers provide premium customer service which rewards customers with benefits.

Many unprofessional brokers try to pressurise users into bigger financing for superior services. OptionWeb, on the other hand, is more focused on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the greater benefits will come along.

OptionWeb accounts are available globally and provides outstanding service everywhere they have clients. There are only a select few countries where OptionWeb accounts are not available. Traders in the following countries cannot open or use a OptionWeb account:

Is OptionWeb Safe To Trade With?

Launched in 2006, OptionWeb has been in operation for 9 years, they are headquarted in Cyprus.

OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC). These figures have rules that ensure that trading platforms have ploicies in place to keep investor's resources secured. This means that OptionWeb users do not need to worry about their money as it is segregated and safely kept in established banks. SSL encryption simplifies each user's personal information also.

You are able to make use of an option for 2 Factor Authentications (2FA) with OptionWeb for increased safety. An SMS with the confirmation code will be sent to your phone. You will be required to enter this code to log in to your accounts.

Another concern with fiscal brokers with respect to safety may be manipulation of trading. This is highly disadvantageous for users on those platforms. Nonetheless, this is more widespread in the case of Market Maker brokers who compete with users on the stage.

Pro's & Con's Of Trading With OptionWeb

Every online trading platform has a few ups and downs, and no OptionWeb review would be complete without having a balanced approach. This OptionWeb review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

OptionWeb Pro's

  • OptionWeb is trusted by 10,000+ clients
  • OptionWeb doesn't charge withdrawal fees
  • OptionWeb doesn't charge inactivity fees
  • OptionWeb doesn't charge deposit fees
  • OptionWeb doesn't charge CFD fees
  • OptionWeb offer trading on Binary, Tablet & Mobile apps
  • OptionWeb offer trading instruments
  • OptionWeb trades major forex pairs
  • OptionWeb can communicate in

OptionWeb Con's

  • OptionWeb does not offer Negative Balance Protection
  • OptionWeb does not offer Guaranteed Stop Loss
  • OptionWeb doesn't trade minor forex pairs
  • OptionWeb doesn't trade exotic forex pairs
  • OptionWeb doesn't offer trading on cryptocurrencies

OptionWeb Review - Compare Brokers Similar To OptionWeb

OptionWeb Vantage FX Wealthfront Chase Bank
Rating 3/5 4/5 4/5 4/5
Minimum Deposit $200 $200 $500 $100
Year Founded 2012 2008 2008 1975
Headquarters Cyprus Australia USA United States
Regulated By Cyprus Securities and Exchange Commission (CySEC) Australian Securities & Investment Commission (ASIC) Unregulated Australian Securities and Investment Commission (ASIC)
Clients 10,000+ 10,000+ 10,000+ 10,000+
Find Out More
Risk Warning Losses can exceed deposits Your capital is at risk Your capital is at risk Your capital is at risk

OptionWeb Review - Regulation And Licencing In More Detail

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

OptionWeb, as a business, has a powerful collection of rules for ensuring fair trading onto its platform. For information encryption purposes, it supplies an industry-standard secure socket layer (SSL).

In accordance with the organization's privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.

OptionWeb Review - Awards

    At the time of writing this OptionWeb review, they had not received any awards.

OptionWeb Review - Minimum Deposit Required

The minimum deposit that you must deposit to begin on OptionWeb is $200. This is a decent amount for those just starting out. It's possible to make more advanced residue as you go along. However, ensure you know how to make the most of your money before investing larger sums.

OptionWeb Review - Commission And Fees Explained

OptionWeb is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the amount of customers they have.

However, this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly three different types of penalties for this purpose.

The first kind of charges to keep an eye out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In these cases, you're spending a spread, funding speed, or even a commission. The kinds of trading fees and the rates differ from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread denotes the difference between the buying and selling price. Financing or overnight rates are people who are billed when you hold a leveraged position for longer than a day.

Aside from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account. They are charged for surgeries like depositing cash, not trading for long periods, or withdrawals.

In general, OptionWeb does not charge high fees in comparison to other online agents. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who regularly exchange, such as daily or weekly trading.

But, non-trading fees charged by OptionWeb are relatively greater. As a result, you're billed more for non-trading actions on your trading account, like deposits and withdrawal. These aren't about the sale and purchase of assets.

This OptionWeb review breaks down each of the applicable non-trading charges for you in detail.

Compare broker fees against OptionWeb

OptionWeb Vantage FX Wealthfront Chase Bank
Minimum Deposit $200 $200 $500 $100
Withdrawal Fees No 0 variable variable
Inactivity Fees No
Deposit Fees No
CFD Fees N/A

OptionWeb Review - Withdrawal Fees Explained

OptionWeb doesn't charge withdrawal fees

Withdrawal of cash is possible at any time from your OptionWeb account. It's possible to withdraw sums up to the amount of your account balance, keeping aside the perimeter utilized. 1 thing to remember is that you don't necessarily need to have any money on your account.

Moreover, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, if you used a credit card for deposits, then the withdrawn cash will be sent into the card. OptionWeb will ask you to offer other withdrawal methods if your details have changed since your deposit.

There is a minimum withdrawal amount. In case you are withdrawing money in various currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the currency you are opting to draw in.

OptionWeb Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is one of the buzzing questions that run through your mind while open an account with OptionWeb. An inactivity fee is an amount charged to registered dealers that have not participated in purchasing or selling for some time. The period considered inactive is determined by the broker.

The inactivity fee differs from 1 broker to another and is not generalized. If a dealers account does not have a purchasing or selling trade, it's claimed by the broker as an inactivity charge. The traders have to pay this commission under terms and conditions they had agreed while enrolling.

OptionWeb doesn't charge inactivity fees so you are free to utilize your account as needed

Even if no fees have been implied by OptionWeb, it's best that you close the account if you're inactive. Inactivity fees aren't only charged by broker firms but also many financial services.

For additional trading platforms, the inactivity fee is contingent on the sort of account you've chosen. The inactivity fee is subjected to many conditions and needs to be revealed clearly by the broker beforehand.

OptionWeb Review - Deposit Fees Explained

When you transfer money in your trading account by your bank account, a deposit fee can be charged by the broker. Most brokers don't charge too much money for this operation.

OptionWeb doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing cash on the OptionWeb trading platform is easy. You simply need to complete a single-user profile questionnaire to begin depositing money into your trading account. You will have to provide an identity evidence and proof of residency to deposit substantial sums.

OptionWeb Review - Compare Broker Deposit Methods

OptionWeb Vantage FX Wealthfront Chase Bank
Minimum Deposit $200 $200 $500 $100
Credit Card

What Can You trade With OptionWeb?

Note: OptionWeb offers a lot of different trading instruments due to regulatory restrictions in many countries. Trading instruments offered may differ depending on the country of residence of the client.

OptionWeb has a wide variety of over instruments available for you to trade with.

If trading forex pairs is of interest to you then OptionWeb offer over forex pairs.

Compare OptionWeb, Vantage FX, Wealthfront & Chase Bank below.

OptionWeb Vantage FX Wealthfront Chase Bank
Platforms Binary, Tablet & Mobile apps MT4 iPhone, Mac, iPad, Android, WEB Desktop, Android, iPhone/iPad, Mac
Instruments Available 247 270 72
Forex & Crypto
Forex Pairs Available
Offers Major Forex Pairs? Yes Yes No No
Offers Minor Forex Pairs? No No No
Offers Exotic Forex Pairs? Yes No No
Offers Cryptocurrencies? No Yes No No
Commodity CFD's
Commodities Offered 0 0 0 0
Trade Metals? Yes Yes No No
Trade Energies? Yes Yes No No
Trade Agricultural? Yes Yes No No
Indiced & Stock CFDs
Stocks Offered 0 0 0
Trade UK Shares? Yes Yes No No
Trade US Shares? Yes No No No
Trade German Shares? Yes No No No
Trade Japanese Shares? Yes No No No

Losses can exceed deposits

Your capital is at risk

Your capital is at risk

Your capital is at risk

Alternatives To OptionWeb

If, after reading this OptionWeb review, OptionWeb does not quite meet your needs check out these OptionWeb alternatives.

We've scoured the web to find the best alternatives to OptionWeb. Click on the hyperlinks below to learn more.

Frequently Asked Questions about OptionWeb

Can I try OptionWeb before I buy?

Yes, you can most certainly try OptionWeb before you buy. OptionWeb offers demo accounts for the convenience of beginner traders. You can use this feature to build your faith in the machine and yourself and your trading strategies.

If you sign up for a demo account on OptionWeb, you will set out using a decent amount of virtual money. It is to establish a sense of safety and confidence in you until you choose to spend your own money.

With this virtual OptionWebdemo account, you are able to experiment at all, to whatever length you wish. You might even start positions, examine different trading approaches, and much more.

OptionWeb specifies on its official website which you are able to trade real time stocks in a demo account.

Is OptionWeb safe?

It is possible to drop all of your worries because we believe that OptionWeb is perfectly safe to use. It is in compliance with the rules of Cyprus Securities and Exchange Commission (CySEC).

Nevertheless, OptionWeb doesn't provide assured stop-loss protection.

Why does OptionWeb ask for my passport?

The reason that OptionWeb asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, OptionWeb has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, OptionWeb must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with OptionWeb?

The process to start trading withOptionWeb is perhaps simple enough to be a cakewalk. You need to begin by signing up on the OptionWeb website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with OptionWeb is $200. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with OptionWeb.

The best way to kickstart your trading career with OptionWeb is to open a demo account facility before risking any real money

What funding methods do OptionWeb accept?

There are a number of methods to fund your account with OptionWeb. The process is effortless and quick, with different payment methods at your fingertips.

You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You must keep in mind that PayPal isn't available in all country. The currencies OptionWeb

Is my money safe with OptionWeb?

Yes, your money is safe and secure with OptionWeb. As you know, OptionWeb operates with good conformation to. It has established lots of steps to guard all of its investors.

OptionWeb protects its customers' personal and sensitive data under SSL encryption. Your funds will be retained highly secure in top-tier banks.

If you wish to further protect your account, it is possible to empower Two-Step Verification also. It requires an SMS affirmation that you access your accounts.

Is OptionWeb trading good?

Yes, trading through OptionWeb is a pleasant and decent experience indeed. It is a great and intuitive platform with helpful features for your simplicity. In addition, you could also gain access to a vast collection of educational tools and assistive material to kickstart your trading expertise.

If you are still skeptical, it is possible to open a eToro demo account and evaluate the trustworthiness of the platform for yourself.

Which Countries does OptionWeb support?

OptionWeb operates around the world. However, due to regulations there are some countries that OptionWeb can't accept clients resident in

Is OptionWeb legit?

OptionWeb is a legit company headquarted in Cyprus since 2012. They are regulated by Cyprus Securities and Exchange Commission (CySEC). OptionWeb is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is OptionWeb a good broker?

OptionWeb is a great broker, and its users can vouch for it. The highlight of this platform is its fast order execution on trades.

You'll find the clean design of this platform and the admirable features a pleasure to work with.

Is OptionWeb a trustworthy broker?

Yes, OptionWeb is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for OptionWeb?

The minimum deposit to open a live account with OptionWeb is $200

How long do OptionWeb withdrawals take?

Normally, withdrawal of money from OptionWeb is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from OptionWeb to show in your bank account.

Are OptionWeb regulated?

OptionWeb are regulated by Cyprus Securities and Exchange Commission (CySEC)

Is OptionWeb a market leading broker?

OptionWeb is currently one of the industry leaders. It supports over 10,000+ registered customers and over 9 years of experience on its record. They're among the world's top trading platforms and a dominant figure in the Fintech revolution.

It majorly owes this standing to its incredible platform and wide range of resources plus tools so that you can invest in capital markets.

Is OptionWeb a con?

No, OptionWeb is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules. Thus, it is safe to say that OptionWeb is not a scam.

Can you make money with OptionWeb?

Through OptionWeb, many traders earn a lot of money. But on average, through continual trading, you also can create between 2% - 10% profit a month.

This can look like a small number, but over the year, this adds to a substantial amount of gains. Even though OptionWeb supply you all the tools to make money, they can't guarantee you will profit.

Does OptionWeb have fees?

Yes. To begin trading using OptionWeb, you need to deposit $200. Certain commissions while trading additionally applies. Any processing fees from your bank might have to be incurred by you.

When was OptionWeb founded?

OptionWeb was founded in 2012 in Cyprus. OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC).

How many people use OptionWeb?

OptionWeb is a worldwide recognised agent with 10,000+ customers.

Where is the OptionWeb head office?

OptionWeb has its head office in Cyprus

Does OptionWeb offer negative balance protection?

No. OptionWeb does not offer negative balance protection. If your balance is unfavorable, OptionWeb indicates you contact customer services. With this, you can fix any imbalances in your own account.

Does OptionWeb offer guaranteed stop loss?

OptionWeb regrettably, does not provide guaranteed stop loss. OptionWeb gives an opportunity for its traders to close their trades in their given price. Aside from this, OptionWeb doesn't provide guaranteed stop loss.

Does OptionWeb allow scalping?

Yes, OptionWeb do allow scalping. Several traders throughout the world choose OptionWeb for their scalping services. They offer trading on Binary, Tablet & Mobile apps which let this.

Does OptionWeb allow hedging?

Yes, OptionWeb does allow hedging.

Can you trade energies with OptionWeb?

Yes, you can trade energy stocks with OptionWeb

Can you trade agricultural shares with OptionWeb?

Yes, you can trade agricultural stocks with OptionWeb

Can you trade cryptocurrency with OptionWeb?

No, unfortunately you cannot trade cryptocurrency with OptionWeb

Can you trade metals with OptionWeb?

Yes, you can trade metals with OptionWeb

Can you trade UK Shares with OptionWeb?

Yes, you can trade UK shares with OptionWeb

Can you trade US Shares with OptionWeb?

Yes, you can trade US shares with OptionWeb

Can you trade Japanese Shares with OptionWeb?

Yes, you can trade Japanese shares with OptionWeb

Can you trade German Shares with OptionWeb?

Yes, you can trade German shares with OptionWeb

Does OptionWeb accept bank transfers?

No, OptionWeb does not accept bank transfers.

Does OptionWeb accept credit cards?

No, OptionWeb does not accept credit cards.

Does OptionWeb accept PayPal?

No, OptionWeb does not accept PayPal.

Does OptionWeb accept Skrill?

No, OptionWeb does not accept Skrill.

Does OptionWeb accept Payoneer?

No, OptionWeb does not accept Payoneer.

Does OptionWeb accept Neteller?

No, OptionWeb does not accept Neteller.

Does OptionWeb offer Live Chat customer support?

No, OptionWeb does not offer customer support through live chat.

Does OptionWeb offer phone customer support?

No, OptionWeb does not offer customer support over the telephone.

Does OptionWeb offer email customer support?

No, OptionWeb does not offer customer support through email.

What languages can OptionWeb communicate in?

OptionWeb has the ability to communicate and support customers who speak:

Does OptionWeb have a wikipedia page?

No, OptionWeb does not have an official wikipedia page.

Does OptionWeb offer demo accounts?

Yes, OptionWeb offers demo accounts so you can learn their systems before risking any real money.