eOption
Trade Zero
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Overview
eOption was founded in 2008 and is headquartered in USA, while Trade Zero was established in 2014 and is based in Bahamas. eOption holds licences including Unregulated, while Trade Zero is regulated by Securities Commission of the Bahamas (SCB) among others. eOption serves 10,000+ clients worldwide; Trade Zero has 2,000+. Both brokers share the same minimum deposit of $500.
| Feature | eOption | Trade Zero |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Regulation | Unregulated | Securities Commission of the Bahamas (SCB) |
| Founded | 2008 | 2014 |
| Country | USA | Bahamas |
| Clients | 10,000+ | 2,000+ |
Fees
Fees are a critical factor when choosing between eOption and Trade Zero, directly affecting your bottom line as a trader. Both require a minimum deposit of $500. eOption charges withdrawal fees while Trade Zero does not, a notable advantage for frequent withdrawers. eOption charges deposit fees; Trade Zero does not. Overall, Trade Zero scores higher on fees in our assessment.
| Feature | eOption | Trade Zero |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
eOption offers MT4, MT5, cTrader, while Trade Zero supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Trade Zero supports social and copy trading features, which eOption does not offer. eOption edges ahead on platform breadth and functionality in our scoring.
| Feature | eOption | Trade Zero |
|---|---|---|
| MT4 | Yes | No |
| 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, 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 Trade Zero compare. Trade Zero runs regular live webinars; eOption does not. Both provide video tutorials. Trade Zero publishes daily market commentary; eOption does not. Both integrate third-party research tools. Trade Zero maintains an archive of past webinars for on-demand viewing. Trade Zero scores higher overall in education and research.
| Feature | eOption | Trade Zero |
|---|---|---|
| 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 Trade Zero supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | eOption | Trade Zero |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| 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 Trade Zero 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.
| Feature | eOption | Trade Zero |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |