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Who is eoption for?

eOption targets customers who trade options and equities, whether that is occasionally or frequently. The company offers low costs with a no-frills approach to trading.

What is the difference between eoption and other brokers' apps?

Compared with other brokers' apps, eOption's has more functionality, with real-time quotes, charting and the ability to execute multiple order types. For investors with a minimum balance of $25,000, eOption offers direct-access trading via Sterling Trader Pro, DAS|Web and DAS|Pro platforms. These platforms carry additional fees, however.

Is eoption a good option trader?

If you trade more than four options contracts at a time, the price ($0.10 per contract + $1.00 per trade) is hard to beat. While eOption is a good choice for active options traders, you'll have to look elsewhere if you want to trade forex, futures, commodities, or crypto.

Does eoption offer portfolio margining?

Since eOption is an options-focused broker, it is surprising that portfolio margining is not available. eOption offers several free research amenities, including a stock screener, an options screener from OptionsPlay (a nice platform perk), and third-party research from Hammerstone Report.

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