B

OptionWeb

6.4/10

test broker

0/10
7/10WinnerRegulation0/10
8/10WinnerFees0/10
7/10WinnerPlatforms0/10
4/10WinnerEducation & Research0/10
4/10WinnerDeposits & Withdrawals0/10
10/10WinnerSupport0/10

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Overview

OptionWeb and test broker are both established, regulated brokers. OptionWeb serves 10,000+ clients worldwide.

OptionWeb wins this category
FeatureOptionWebtest broker
Min. Deposit$200Not available
RegulationCyprus Securities and Exchange Commission (CySEC)Not available
Founded2012Not available
CountryCyprusNot available
Clients10,000+Not available

Fees

Fees are a critical factor when choosing between OptionWeb and test broker, directly affecting your bottom line as a trader. Overall, OptionWeb scores higher on fees in our assessment.

OptionWeb wins this category
FeatureOptionWebtest broker
Min. Deposit$200Not available
Withdrawal FeesNoNot available
Inactivity FeesNoNot available
Deposit FeesNoNot available
CFD FeesNoNot available

Platforms

OptionWeb offers a mobile trading app; mobile availability for test broker is limited. OptionWeb edges ahead on platform breadth and functionality in our scoring.

OptionWeb wins this category
FeatureOptionWebtest broker
MT4NoNot available
MT5YesNot available
cTraderYesNot available
Windows AppYesNot available
iOS AppYesNot available
Android AppYesNot available
Trading PlatformsBinary, Tablet & Mobile appsNot available

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how OptionWeb and test broker compare. OptionWeb has a video library; test broker does not. OptionWeb integrates third-party research tools (Autochartist); test broker does not. OptionWeb scores higher overall in education and research.

OptionWeb wins this category
FeatureOptionWebtest broker
Forex EducationYesNot available
CFD EducationNoNot available
Weekly WebinarsNoNot available
Daily CommentaryNoNot available
Trading CentralNoNot available
AutochartistYesNot available

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. OptionWeb uniquely supports bank transfer and credit/debit card among the two brokers. OptionWeb scores higher on deposit and withdrawal flexibility.

OptionWeb wins this category
FeatureOptionWebtest broker
Bank TransferYesNot available
Credit CardYesNot available
PayPalNoNot available
SkrillNoNot available
NetellerNoNot available

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. OptionWeb offers live chat; test broker does not, making OptionWeb easier to reach in real time. OptionWeb offers phone support; test broker does not. OptionWeb offers email support; no email support was found for test broker. OptionWeb offers multilingual support. OptionWeb scores higher overall on customer support in our assessment.

OptionWeb wins this category
FeatureOptionWebtest broker
Live ChatYesNot available
Phone SupportYesNot available
Email SupportYesNot available
LanguagesEnglish, and ChineseNot available