BrokAIr Reviews

Eoption Review

Eoption is the perfect choice for traders who don't mind sacrificing quality customer service in exchange for lower trading fees! But can you trust Eoption's bargain prices?

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Eoption Overview

Eoption is an online brokerage founded in 2016. They offer their clients a range of services including stocks, options, and exchange-traded funds (ETFs). They also provide commission-free trading and educational resources to help those new to investing. Eoption has been praised for its ease of use, low fees, and customer service.

Pros and Cons

Founders

Eoption was founded by two former Chicago Board Options Exchange (CBOE) traders. John Gilliam and Jai Shah both had extensive experience in the industry before starting Eoption.

Public Opinion

The public opinion of Eoption is generally positive. Many investors have praised the platform for its ease of use, low fees, and excellent customer service. However, some investors have complained that they do not offer international stocks or mutual funds or bonds.

Newsworthy Events

In 2020, Eoption launched its mobile app, making it easier for investors to access their account and manage their investments on the go. In 2021, they announced the launch of their IRA program, allowing investors to save for retirement.

In 2020, Eoption was granted approval by the Financial Industry Regulatory Authority (FINRA) (https://www.finra.org/) as a broker-dealer.