EO Broker has been flagged by Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Carrying on unlicensed capital market activities of dealing in securities This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I am in a dispute with EO Broker over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Easy withdrawals|Fast support response
Cons: Live chat only during business hours
The platform at EO Broker is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for just over a year of dealing with this, I have had enough.
Pros: Transparent fees|Intuitive for beginners
Cons: Minor UI glitches occasionally
My card was charged twice by EO Broker on the same day. I had to dispute it with my bank. EO Broker then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Segregated accounts|Social trading features
Cons: Charting tools need more indicators|No dark mode on mobile
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. EO Broker recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Clear documentation|No hidden fees|Transparent fees|Fast support response
Cons: No live chat on mobile