Bulbrokers
OptionWeb
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Overview
Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while OptionWeb was established in 2012 and is based in Cyprus. Bulbrokers holds licences including Financial Services Authority (FSA), while OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bulbrokers serves 10,000+ clients worldwide; OptionWeb has 10,000+. The minimum deposit is $100 at Bulbrokers and $200 at OptionWeb.
| Feature | Bulbrokers | OptionWeb |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Financial Services Authority (FSA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2000 | 2012 |
| Country | Bulgaria | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bulbrokers and OptionWeb, directly affecting your bottom line as a trader. Bulbrokers has a lower barrier to entry with a minimum deposit of $100 (vs $200 at OptionWeb). Neither broker charges withdrawal fees. Bulbrokers applies inactivity fees on dormant accounts; OptionWeb does not. Overall, OptionWeb scores higher on fees in our assessment.
| Feature | Bulbrokers | OptionWeb |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Bulbrokers offers MT5, cTrader, while OptionWeb supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Bulbrokers | OptionWeb |
|---|---|---|
| MT4 | No | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bulbrokers and OptionWeb compare. OptionWeb has a video library; Bulbrokers does not. OptionWeb integrates third-party research tools (Autochartist); Bulbrokers does not. OptionWeb scores higher overall in education and research.
| Feature | Bulbrokers | OptionWeb |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bulbrokers 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.
| Feature | Bulbrokers | OptionWeb |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bulbrokers 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.
| Feature | Bulbrokers | OptionWeb |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |