Options and Futures Eastern Trading Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 852 3050 9031, fax 852 3015 3813
Addresses: Hing Wai Building 36 Queen's Road Central Hong Kong This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.ofeastern.com.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Options and Futures Eastern Trading Ltd said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Educational resources|Good analytical tools|Comprehensive tools|Multi-device support
Cons: Spreads widen during volatile periods|Some tools only available on higher tiers
The mobile app from Options and Futures Eastern Trading Ltd is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Social trading features|Competitive fees
Cons: Some tools only available on higher tiers
Opened my account with Options and Futures Eastern Trading Ltd while looking for alternatives to my previous provider and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Automated trading options|Fast deposits
Cons: Currency conversion fee exists
I referred a friend to Options and Futures Eastern Trading Ltd after comparing multiple platforms. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Competitive fees|Social trading features
Cons: Account statements could be more detailed
Options and Futures Eastern Trading Ltd had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Competitive fees|Good mobile app|Fast support response
Cons: Would like more payment methods
I lost a significant amount because Options and Futures Eastern Trading Ltd did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Personal attention|Dividend tracking|Comprehensive tools
Cons: Charting tools need more indicators
I joined Options and Futures Eastern Trading Ltd through word of mouth in my investment club and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Professional team|Clean UI
Cons: No dark mode on mobile
Do not be fooled by the professional-looking website. Behind the scenes, Options and Futures Eastern Trading Ltd is disorganized and incompetent. I found them after attending a webinar they hosted and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Customizable dashboard|Automated trading options|Educational resources|Regular platform improvements
Cons: Onboarding videos are outdated
I found Options and Futures Eastern Trading Ltd after reading several online reviews and the initial impression was positive. But for the past six months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Good analytical tools|Personal attention|Risk management tools|Multi-currency support
Cons: Mobile app could be improved
My withdrawal from Options and Futures Eastern Trading Ltd was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for roughly four months of being strung along.
Pros: Market news feed|Two-factor authentication
Cons: Minor UI glitches occasionally