eOption
onetrade
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Overview
eOption was founded in 2008 and is headquartered in USA, while onetrade was established in 2011 and is based in Russia. eOption holds licences including Unregulated, while onetrade is regulated by Financial Conduct Authority (FCA) among others. eOption serves 10,000+ clients worldwide; onetrade has 142,500+. The minimum deposit is $500 at eOption and $250 at onetrade.
| Feature | eOption | onetrade |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Unregulated | Financial 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-F290 |
| Founded | 2008 | 2011 |
| Country | USA | Russia |
| Clients | 10,000+ | 142,500+ |
Fees
Fees are a critical factor when choosing between eOption and onetrade, directly affecting your bottom line as a trader. onetrade has a lower barrier to entry with a minimum deposit of $250 (vs $500 at eOption). eOption charges withdrawal fees while onetrade does not, a notable advantage for frequent withdrawers. eOption charges deposit fees; onetrade does not. Overall, onetrade scores higher on fees in our assessment.
| Feature | eOption | onetrade |
|---|---|---|
| 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 onetrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | eOption | onetrade |
|---|---|---|
| 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 onetrade compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | eOption | onetrade |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| 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 onetrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). onetrade uniquely supports PayPal and Skrill and Neteller among the two brokers. onetrade scores higher on deposit and withdrawal flexibility.
| Feature | eOption | onetrade |
|---|---|---|
| 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 onetrade offer live chat support. Both provide phone support. Email support is available at both brokers. eOption supports 2 languages and onetrade supports 8, giving onetrade broader global reach. Both brokers are comparable on support quality.
| Feature | eOption | onetrade |
|---|---|---|
| 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 |