eOption
fxdd
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Overview
eOption was founded in 2008 and is headquartered in USA, while fxdd was established in 2010 and is based in Belize. eOption holds licences including Unregulated, while fxdd is regulated by Malta Financial Services Authority MFSA IS/48817. Financial Services Commission among others. eOption serves 10,000+ clients worldwide; fxdd has 14,000,000+. The minimum deposit is $500 at eOption and $250 at fxdd.
| Feature | eOption | fxdd |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Unregulated | Malta Financial Services Authority MFSA IS/48817. Financial Services Commission, Mauritius. License Number C117017252 |
| Founded | 2008 | 2010 |
| Country | USA | Belize |
| Clients | 10,000+ | 14,000,000+ |
Fees
Fees are a critical factor when choosing between eOption and fxdd, directly affecting your bottom line as a trader. fxdd has a lower barrier to entry with a minimum deposit of $250 (vs $500 at eOption). eOption charges withdrawal fees while fxdd does not, a notable advantage for frequent withdrawers. eOption charges deposit fees; fxdd does not. Overall, fxdd scores higher on fees in our assessment.
| Feature | eOption | fxdd |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
eOption offers MT4, MT5, cTrader, while fxdd supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fxdd supports social and copy trading features, which eOption does not offer. The two brokers are closely matched on platform offering.
| Feature | eOption | fxdd |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | DealBook (Desktop, Mobile, iPhone, iPad, iPod touch, Web) | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how eOption and fxdd compare. fxdd runs regular live webinars; eOption does not. Both provide video tutorials. fxdd publishes daily market commentary; eOption does not. Both integrate third-party research tools. fxdd maintains an archive of past webinars for on-demand viewing. fxdd scores higher overall in education and research.
| Feature | eOption | fxdd |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. eOption accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while fxdd supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fxdd uniquely supports PayPal and Skrill and Neteller among the two brokers. fxdd scores higher on deposit and withdrawal flexibility.
| Feature | eOption | fxdd |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both eOption and fxdd offer live chat support. Both provide phone support. Email support is available at both brokers. eOption supports 2 languages and fxdd supports 8, giving fxdd broader global reach. Both brokers are comparable on support quality.
| Feature | eOption | fxdd |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |