B

eOption

4.7/10
Oinvest logo

Oinvest

5.7/10
3/10RegulationWinner5/10
0/10FeesWinner6/10
9/10WinnerPlatforms7/10
4/10Education & ResearchTied4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

eOption was founded in 2008 and is headquartered in USA, while Oinvest was established in 2019 and is based in South Africa. eOption holds licences including Unregulated, while Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA) among others. eOption serves 10,000+ clients worldwide; Oinvest has 10,000+. The minimum deposit is $500 at eOption and $200 at Oinvest.

Oinvest wins this category
FeatureeOptionOinvest
Min. Deposit$500$200
RegulationUnregulatedSouthern African Financial Sector Conduct Authority (FSCA)
Founded20082019
CountryUSASouth Africa
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between eOption and Oinvest, directly affecting your bottom line as a trader. Oinvest has a lower barrier to entry with a minimum deposit of $200 (vs $500 at eOption). eOption charges withdrawal fees while Oinvest does not, a notable advantage for frequent withdrawers. Oinvest applies inactivity fees on dormant accounts; eOption does not. eOption charges deposit fees; Oinvest does not. Overall, Oinvest scores higher on fees in our assessment.

Oinvest wins this category
FeatureeOptionOinvest
Min. Deposit$500$200
Withdrawal FeesYesNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoYes

Platforms

eOption offers MT4, MT5, cTrader, while Oinvest supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Oinvest supports social and copy trading features, which eOption does not offer. eOption edges ahead on platform breadth and functionality in our scoring.

eOption wins this category
FeatureeOptionOinvest
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDealBook (Desktop, Mobile, iPhone, iPad, iPod touch, Web)MT4, iOS, MacBook, iPhone

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how eOption and Oinvest compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.

Tied
FeatureeOptionOinvest
Forex EducationYesYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesYes

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 Oinvest supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureeOptionOinvest
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 eOption and Oinvest 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
FeatureeOptionOinvest
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese