B

Daw Trading

6.7/10

eOption

4.7/10
7/10WinnerRegulation3/10
8/10WinnerFees0/10
7/10PlatformsWinner9/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Daw Trading was founded in 1988 and is headquartered in USA, while eOption was established in 2008 and is based in USA. Daw Trading holds licences including Financial Conduct Authority (FCA), while eOption is regulated by Unregulated among others. Daw Trading serves 10,000+ clients worldwide; eOption has 10,000+. The minimum deposit is $100 at Daw Trading and $500 at eOption.

Daw Trading wins this category
FeatureDaw TradingeOption
Min. Deposit$100$500
RegulationFinancial Conduct Authority (FCA)Unregulated
Founded19882008
CountryUSAUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Daw Trading and eOption, directly affecting your bottom line as a trader. Daw Trading has a lower barrier to entry with a minimum deposit of $100 (vs $500 at eOption). eOption charges withdrawal fees while Daw Trading does not, giving Daw Trading an edge for frequent withdrawers. eOption charges deposit fees; Daw Trading does not. Overall, Daw Trading scores higher on fees in our assessment.

Daw Trading wins this category
FeatureDaw TradingeOption
Min. Deposit$100$500
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

Daw Trading offers MT5, cTrader, while eOption supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. eOption edges ahead on platform breadth and functionality in our scoring.

eOption wins this category
FeatureDaw TradingeOption
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacDealBook (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 Daw Trading and eOption compare. Daw Trading runs regular live webinars; eOption does not. Both provide video tutorials. Daw Trading publishes daily market commentary; eOption does not. Both integrate third-party research tools. Daw Trading maintains an archive of past webinars for on-demand viewing. Daw Trading scores higher overall in education and research.

Daw Trading wins this category
FeatureDaw TradingeOption
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Daw Trading 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.

Tied
FeatureDaw TradingeOption
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 Daw Trading 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.

Tied
FeatureDaw TradingeOption
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese