eOption
Libertex
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Overview
eOption was founded in 2008 and is headquartered in USA, while Libertex was established in 2012 and is based in Cyprus. eOption holds licences including Unregulated, while Libertex is regulated by Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 among others. eOption serves 10,000+ clients worldwide; Libertex has 2,200,000+. The minimum deposit is $500 at eOption and $117 at Libertex.
| Feature | eOption | Libertex |
|---|---|---|
| Min. Deposit | $500 | $117 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12 |
| Founded | 2008 | 2012 |
| Country | USA | Cyprus |
| Clients | 10,000+ | 2,200,000+ |
Fees
Fees are a critical factor when choosing between eOption and Libertex, directly affecting your bottom line as a trader. Libertex has a lower barrier to entry with a minimum deposit of $117 (vs $500 at eOption). eOption charges withdrawal fees while Libertex does not, a notable advantage for frequent withdrawers. eOption charges deposit fees; Libertex does not. Overall, Libertex scores higher on fees in our assessment.
| Feature | eOption | Libertex |
|---|---|---|
| Min. Deposit | $500 | $117 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
eOption offers MT4, MT5, cTrader, while Libertex supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Libertex supports social and copy trading features, which eOption does not offer. The two brokers are closely matched on platform offering.
| Feature | eOption | Libertex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | DealBook (Desktop, Mobile, iPhone, iPad, iPod touch, Web) | MT4, MT5, Duplitrade, Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how eOption and Libertex compare. Both provide video tutorials. Libertex publishes daily market commentary; eOption does not. Both integrate third-party research tools. Libertex scores higher overall in education and research.
| Feature | eOption | Libertex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | No |
| 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 Libertex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Libertex uniquely supports PayPal and Skrill and Neteller among the two brokers. Libertex scores higher on deposit and withdrawal flexibility.
| Feature | eOption | Libertex |
|---|---|---|
| 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 Libertex offer live chat support. Both provide phone support. Email support is available at both brokers. eOption supports 2 languages and Libertex supports 9, giving Libertex broader global reach. Both brokers are comparable on support quality.
| Feature | eOption | Libertex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, Italian, Dutch, Polish, Spanish, French, Portuguese, Chinese |