Coinbase
eOption
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Overview
Coinbase was founded in 1989 and is headquartered in United States, while eOption was established in 2008 and is based in USA. Coinbase holds licences including Financial Conduct Authority (FCA), while eOption is regulated by Unregulated among others. Coinbase serves 10,000+ clients worldwide; eOption has 10,000+. The minimum deposit is $100 at Coinbase and $500 at eOption.
| Feature | Coinbase | eOption |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 1989 | 2008 |
| Country | United States | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Coinbase and eOption, directly affecting your bottom line as a trader. Coinbase has a lower barrier to entry with a minimum deposit of $100 (vs $500 at eOption). eOption charges withdrawal fees while Coinbase does not, giving Coinbase an edge for frequent withdrawers. eOption charges deposit fees; Coinbase does not. Overall, Coinbase scores higher on fees in our assessment.
| Feature | Coinbase | eOption |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Coinbase offers MT4, MT5, cTrader, while eOption supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Coinbase supports social and copy trading features, which eOption does not offer. The two brokers are closely matched on platform offering.
| Feature | Coinbase | eOption |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | iPhone/iPad,iOS, | DealBook (Desktop, Mobile, iPhone, iPad, iPod touch, Web) |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Coinbase and eOption compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | Coinbase | eOption |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Coinbase accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while eOption supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Coinbase | eOption |
|---|---|---|
| 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 Coinbase and eOption 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 | Coinbase | eOption |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |