B
Bridges Financial Services logo

Bridges Financial Services

6.6/10

OptionWeb

6.4/10
3/10RegulationWinner7/10
4/10FeesWinner8/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Bridges Financial Services was founded in 2014 and is headquartered in Australia, while OptionWeb was established in 2012 and is based in Cyprus. Bridges Financial Services holds licences including ABN 60 003 474 977, while OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bridges Financial Services serves 10,000+ clients worldwide; OptionWeb has 10,000+. The minimum deposit is $100 at Bridges Financial Services and $200 at OptionWeb.

Bridges Financial Services wins this category
FeatureBridges Financial ServicesOptionWeb
Min. Deposit$100$200
RegulationABN 60 003 474 977, AFSL No. 240837Cyprus Securities and Exchange Commission (CySEC)
Founded20142012
CountryAustraliaCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bridges Financial Services and OptionWeb, directly affecting your bottom line as a trader. Bridges Financial Services has a lower barrier to entry with a minimum deposit of $100 (vs $200 at OptionWeb). Bridges Financial Services charges withdrawal fees while OptionWeb does not, a notable advantage for frequent withdrawers. Bridges Financial Services charges deposit fees; OptionWeb does not. Overall, OptionWeb scores higher on fees in our assessment.

OptionWeb wins this category
FeatureBridges Financial ServicesOptionWeb
Min. Deposit$100$200
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

Bridges Financial Services offers MT4, MT5, cTrader, while OptionWeb supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bridges Financial Services supports social and copy trading features, which OptionWeb does not offer. Bridges Financial Services edges ahead on platform breadth and functionality in our scoring.

Bridges Financial Services wins this category
FeatureBridges Financial ServicesOptionWeb
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4Binary, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bridges Financial Services and OptionWeb compare. Bridges Financial Services runs regular live webinars; OptionWeb does not. Both provide video tutorials. Bridges Financial Services publishes daily market commentary; OptionWeb does not. Both integrate third-party research tools. Bridges Financial Services maintains an archive of past webinars for on-demand viewing. Bridges Financial Services scores higher overall in education and research.

Bridges Financial Services wins this category
FeatureBridges Financial ServicesOptionWeb
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bridges Financial Services accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while OptionWeb supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBridges Financial ServicesOptionWeb
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bridges Financial Services and OptionWeb offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureBridges Financial ServicesOptionWeb
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese