B

Evans and Partners

6/10

OptionWeb

6.4/10
5/10RegulationWinner7/10
0/10FeesWinner8/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Evans and Partners was founded in 2012 and is headquartered in USA, while OptionWeb was established in 2012 and is based in Cyprus. Evans and Partners holds licences including Unregulated, while OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Evans and Partners serves 10,000+ clients worldwide; OptionWeb has 10,000+. The minimum deposit is $500 at Evans and Partners and $200 at OptionWeb.

OptionWeb wins this category
FeatureEvans and PartnersOptionWeb
Min. Deposit$500$200
RegulationUnregulatedCyprus Securities and Exchange Commission (CySEC)
Founded20122012
CountryUSACyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Evans and Partners and OptionWeb, directly affecting your bottom line as a trader. OptionWeb has a lower barrier to entry with a minimum deposit of $200 (vs $500 at Evans and Partners). Neither broker charges withdrawal fees. Evans and Partners applies inactivity fees on dormant accounts; OptionWeb does not. Overall, OptionWeb scores higher on fees in our assessment.

OptionWeb wins this category
FeatureEvans and PartnersOptionWeb
Min. Deposit$500$200
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Evans and Partners offers MT4, MT5, cTrader, while OptionWeb supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Evans and Partners edges ahead on platform breadth and functionality in our scoring.

Evans and Partners wins this category
FeatureEvans and PartnersOptionWeb
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,MetaTrader 5Binary, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Evans and Partners and OptionWeb compare. Evans and Partners runs regular live webinars; OptionWeb does not. Both provide video tutorials. Evans and Partners publishes daily market commentary; OptionWeb does not. Both integrate third-party research tools. Evans and Partners maintains an archive of past webinars for on-demand viewing. Evans and Partners scores higher overall in education and research.

Evans and Partners wins this category
FeatureEvans and PartnersOptionWeb
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evans and Partners accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while OptionWeb supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureEvans and PartnersOptionWeb
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 Evans and Partners and OptionWeb 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
FeatureEvans and PartnersOptionWeb
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese