Eoption - Automatically Mutual Funds And Execute Trading

EOption - Low Cost and Simple Stock Trading Platform for Frequent Options Traders

Are you up for investing your money in stock trading? With numerous stock trading platforms that assist clients with trade information, online stock brokers for beginners have also started to spread their wings.

Consider eOption, one of the most reliable stock and fund trading platforms that deals in low-cost options trading. As a reliable and one of the best online stock brokers for beginners, eOption provides a comprehensive and free options trading course for both and advanced investors.

All You Need to Know About EOption

Account Opening on EOption- Procedure and Eligibility

eOption is one of the best stock trading platforms that allow investors to open a brokerage account in easy and quick steps. You will need to apply with prescribed documents, and within 48 hours, you could have access to the account.

Due to the federal law and money laundering activities requirements, all personal details of individuals must be verified by financial institutions. There is a requirement of being a US citizen to be eligible.

For Unsolicited Accounts

For unsolicited accounts from non-U.S. residents, there is a list of countries permitted. The account requires $25,000 equity in any combination of U.S. Dollars and/or U.S. exchange-traded securities within 60 days.

Funding Options

The funding can either be transferred through a cheque, wire transfer, or account transfer. While an automated customer account transfer (ACAT) takes up to 7 days, non-ACAT (partial transfer) or manual transfer may even stretch up to 3 weeks.

Conclusion

EOption is the smooth guide to your brokerage account. Interested investors can create a paper account that expires in 60 days. Therefore, it is recommended to convert a paper account into live account for further benefits. Talking about stock trading softwares, Etoro is a platform trusted by millions. It provides its clients with an app for smooth trading. Another platform is SpeedTrader, a platform mainly for active and day users.