Like most modern brokers, eoption com now offers a $0 commission for trading stocks and ETFs. As the name suggests, eOption claim to fame is low-cost option purchases – you’ll pay just $0.10 per contract plus a base rate of $1.99 per trade. This is significantly lower than most competing brokers, which charge more than $0.65 per contract. Take a closer look at what you might expect from education and mobile apps when you trade with eoption com.
eoption com also offers margin trading, and the margin levels are almost on par with other brokers like Fidelity. You cannot use margin funds to buy shares worth 3 or less and you must own at least 2,000 tradable securities before you can qualify for margin trading.
eoption com educational offerings leave a lot to be desired, especially for new traders. these tools are quite useful for new traders who are just starting in the world of investing.
see 3 features eoption com offers traders who want to learn more about trading strategies and using the platform Here!
Strategy and educational options: One area where eOption shines for beginners is the full selection of training and educational courses. eOption offers a large number of options strategy articles and videos that are just as useful for absolute options beginners as they are for seasoned veteran traders. When you are new to eoption trading, you can love the “Getting Started” section, which covers subjects including the fundamentals of how possibilities operate, what leverage is, and how it functions in choices trading and long-term choices trading.
Advanced traders will enjoy many eOption strategy explanations, which include information on understanding and executing everything from short placements to bare calls. No matter how much experience you have with trading options, you are likely to learn something new from the eOption options strategy center.
Webinars: Prefer to do your learning in person? eOption offers live webinars on a wide range of elective topics. Previous webinars covered the basics of options trading, using options to generate positive cash flow, and managing risk with options trading. If you can’t create a live webinar, you can listen to it later via the eOption YouTube channel, which archives and catalogs previous webinars.
Daily commentary: eOption offers daily market updates that include information on some of the most volatile stocks, recommendations for daily trading, economic statistics, and an overview of the market. In most cases, market updates are offered several times a day with the latest information. While informative, these reports are generally aimed at more advanced traders – novice investors may have difficulty understanding the reports on offer, which are full of technical jargon and unexplained market terms.
eOption’s educational offerings are available completely free of charge. You don’t need to log into your account to start using them or learn, which means you can benefit from them even if you use another broker to trade.
eOption Mobile App
The eOption mobile app is comprehensive, reflecting the full capabilities of the desktop platform. This application is well integrated from the web-based platform. If you’re overwhelmed by the desktop offerings, you might as well struggle to use the eOption app. However, if you’ve already started on a web-based platform and have a general understanding of how it all works, you’ll see a smooth transition from desktop to mobile.
Let’s take a closer look at some of the key features of eOption Mobile:
• Easily integrated trading: You can place stock, ETF, and options trades on eOption Mobile using a system that is essentially the same as the eOption desktop platform. You could even location advanced eoption trades (which includes multi-leg alternatives trades) with just some taps.
• Fast and responsive interface: eOption mobile app updates in real-time, giving you second-by-second updates on value alterations. You can view the current price, percentage change, total loss or overall profit, bid/ask volume, and more.
• Live market news streaming: View live market news streams from multiple sources from your mobile.
The eOption mobile app is available for both iOS and Android platforms, download this for free.