B

eOption

4.7/10
morrison securities pty limited logo

morrison securities pty limited

7/10
3/10RegulationWinner10/10
0/10FeesTied0/10
9/10PlatformsTied9/10
4/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

eOption was founded in 2008 and is headquartered in USA, while morrison securities pty limited was established in 2014 and is based in Malta. eOption holds licences including Unregulated, while morrison securities pty limited is regulated by Financial Conduct Authority (FCA) among others. eOption serves 10,000+ clients worldwide; morrison securities pty limited has 12,000,000+. The minimum deposit is $500 at eOption and $250 at morrison securities pty limited.

morrison securities pty limited wins this category
FeatureeOptionmorrison securities pty limited
Min. Deposit$500$250
RegulationUnregulatedFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F281
Founded20082014
CountryUSAMalta
Clients10,000+12,000,000+

Fees

Fees are a critical factor when choosing between eOption and morrison securities pty limited, directly affecting your bottom line as a trader. morrison securities pty limited has a lower barrier to entry with a minimum deposit of $250 (vs $500 at eOption). Both brokers charge withdrawal fees. morrison securities pty limited applies inactivity fees on dormant accounts; eOption does not. eOption charges deposit fees; morrison securities pty limited does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureeOptionmorrison securities pty limited
Min. Deposit$500$250
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoNo

Platforms

eOption offers MT4, MT5, cTrader, while morrison securities pty limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureeOptionmorrison securities pty limited
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDealBook (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 morrison securities pty limited compare. eOption has a video library; morrison securities pty limited does not. eOption integrates third-party research tools (Autochartist); morrison securities pty limited does not. eOption scores higher overall in education and research.

eOption wins this category
FeatureeOptionmorrison securities pty limited
Forex EducationYesNo
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesNo

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 morrison securities pty limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). morrison securities pty limited uniquely supports PayPal and Skrill and Neteller among the two brokers. morrison securities pty limited scores higher on deposit and withdrawal flexibility.

morrison securities pty limited wins this category
FeatureeOptionmorrison securities pty limited
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both eOption and morrison securities pty limited offer live chat support. Both provide phone support. Email support is available at both brokers. eOption supports 2 languages and morrison securities pty limited supports 8, giving morrison securities pty limited broader global reach. Both brokers are comparable on support quality.

Tied
FeatureeOptionmorrison securities pty limited
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic