eOption
XGLOBAL Markets
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Overview
eOption was founded in 2008 and is headquartered in USA, while XGLOBAL Markets was established in 2008 and is based in Cyprus. eOption holds licences including Unregulated, while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. eOption serves 10,000+ clients worldwide; XGLOBAL Markets has 10,000+. Both brokers share the same minimum deposit of $500.
| Feature | eOption | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2008 | 2008 |
| Country | USA | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between eOption and XGLOBAL Markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $500. Both brokers charge withdrawal fees. eOption charges deposit fees; XGLOBAL Markets does not. The two brokers are broadly comparable on fee structure.
| Feature | eOption | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $500 | $500 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | No |
Platforms
eOption offers MT4, MT5, cTrader, while XGLOBAL Markets 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 | XGLOBAL Markets |
|---|---|---|
| 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) | Desktop,iOS,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how eOption and XGLOBAL Markets compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | eOption | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | eOption | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets 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 | XGLOBAL Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |