eOption
Spreadex
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Overview
eOption was founded in 2008 and is headquartered in USA, while Spreadex was established in 1999 and is based in UK. eOption holds licences including Unregulated, while Spreadex is regulated by Financial Conduct Authority (FCA) among others. eOption serves 10,000+ clients worldwide; Spreadex has 10,000+. The minimum deposit is $500 at eOption and $0 at Spreadex.
| Feature | eOption | Spreadex |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), registration number 190941 |
| Founded | 2008 | 1999 |
| Country | USA | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between eOption and Spreadex, directly affecting your bottom line as a trader. Spreadex has a lower barrier to entry with a minimum deposit of $0 (vs $500 at eOption). eOption charges withdrawal fees while Spreadex does not, a notable advantage for frequent withdrawers. eOption charges deposit fees; Spreadex does not. Overall, Spreadex scores higher on fees in our assessment.
| Feature | eOption | Spreadex |
|---|---|---|
| Min. Deposit | $500 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
eOption offers MT4, MT5, cTrader, while Spreadex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Spreadex supports social and copy trading features, which eOption does not offer. The two brokers are closely matched on platform offering.
| Feature | eOption | Spreadex |
|---|---|---|
| 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) | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how eOption and Spreadex compare. Spreadex runs regular live webinars; eOption does not. Both provide video tutorials. Spreadex publishes daily market commentary; eOption does not. Both integrate third-party research tools. Spreadex maintains an archive of past webinars for on-demand viewing. Spreadex scores higher overall in education and research.
| Feature | eOption | Spreadex |
|---|---|---|
| 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 Spreadex supports 3 (bank transfer, credit/debit card, Skrill). Spreadex uniquely supports Skrill among the two brokers. Spreadex scores higher on deposit and withdrawal flexibility.
| Feature | eOption | Spreadex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both eOption and Spreadex offer live chat support. Both provide phone support. Email support is available at both brokers. eOption supports 2 languages and Spreadex supports 1, giving eOption broader global reach. Both brokers are comparable on support quality.
| Feature | eOption | Spreadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |