Option Samurai Review – Key Advantages and Disadvantages Revealed
![Option Samurai Review](https://brokers-exchange.com/wp-content/uploads/2024/05/Option-Samurai-jpg.webp)
Whenever you pay for trading tools there’s a chance you are wasting your money. Before you try it out yourself, you won’t know if such tools truly work. That’s why our Option Samura review is there, to help you make an educated decision first.
With all the features this tool offers, it might be a very good option. However, only for a specific group of traders. To find out if this tool is the right option for you, read this review carefully.
Company Type | AI Tool Provider |
Legal name | Financial Samurai LTD |
Regulation | Not expected |
Registered in | Israel |
Established | 2012 |
Website | https://optionsamurai.com/ |
Financial Authorities Warnings | No official warnings |
Contacts | Live chat |
If a withdrawal is possible | Depends on the broker |
Fees | From $35 to $74 per month |
If Active on Social Media: | Yes – Facebook, Twitter, LinkedIn |
Investor Protection: | None |
Activity areas | United States, Canada, Germany, Singapore, India |
Main threats | Stocks oriented; only a few reviews available; |
Main perks | Affordable pricing |
Legal Information And Regulation
As can be seen, the Option Samurai company is an Israel-based firm owned by Financial Samurai LTD. Since 2012, they have been offering highly popular options for screening services and most importantly, they are not required to be regulated for it. Therefore, just make sure to trade with a top-tier licensed firm.
Generally, with trading tools, it all comes down to speculation and personal experience. Some traders might like it some traders won’t. Therefore, trusting other people can be a two-edged sword.
What Are Traders Saying?
Even though this firm has been around since 2012, thare no Option Samurai reviews on Trustpilot or any similar platform. Instead, we can see a few comments on the Reddit platform. It’s not the most convenient option but still, it’s better than nothing. On the positive side, the comments found there look quite positive.
However, a big downside of it is that many of those traders most likely come from experienced traders. Therefore, if you are a beginner, you won’t have much clue about it. All in all, a lot of experience is knowledge is required to understand it. After all, that’s why prop firms like Funded Trading Plus take over the market.
News Featured
Besides Option Samurai Reddit comments, we can see many news platforms talking about this software. Starting with Fox Business, Benzinga, and YahooFinance. Generally, it all looks promising at first glance. But to find out if that’s the right thing for you, use their 14-day trial period.
What Features You Can Expect?
As can be seen, the Option Samurai stock screener is only available for stock options. For some traders, that might be more than enough. But why would you limit your profit potential? In any case, if you are into stock trading, this tool has a wide range of options for you. Some of those are:
- 24 option strategies (covered calls, spreads, calendars, etc)
- Predefined scans
- 150 filters for custom scans
- Stock scenarios
- Scan watching, etc
Can You Use This Tool On a Mobile?
According to the company, all Option Samurai trading features are available on the mobile as well. However, there’s no dedicated iOS and Android app for the software itself. Hopefully, the platform will be optimized for them. But before you test it out, make sure to read our Multicoin Capital and BitLox reviews for more useful tips.
Pricing Plans Available
Generally, all software providers nowadays offer two billing cycle options – monthly and annually. So, you have to take those into account when choosing the package. Usually, traders opt for a month-long testing period before they purchase other packages. Luckily, there’s also Option Samurai free 14-day trial available for testing the software.
If you still want to use the tool, you’ll have two options to choose from. Those are:
- Beginner – $49/month if paid monthly – $39/monthly if paid annually
- Advanced – $49/month if paid monthly – $59/monthly if paid annually
The main advantages of the advanced program are scan watching, Excel toolbox, and unique premium reports.
Help Center And Support
When it comes to education regarding the company’s services, you must give them credit there. As can be seen, the company’s help center has everything you need to start using their tools properly. But keep in mind they are not advisory and in real trading, they can’t help you much. But if you have any questions regarding the tools themselves, or anything else, you can reach them via live chat.
Summary: Worth The Money or Not?
The best option for traders to test such tools is on an account without risk involved. That’s in fact, why many traders opt for UK-based firm Funded Trading Plus. With their funded programs traders can test out all their strategies and tools they want, without risk of losing their own money. Indeed, testing trading tools can be promising in the end. But it takes a lot of effort, time, and money to do so.
In general, when you get all-in-one packages with firms like Funded Trading Plus, there’s no reason to waste money anywhere else. Not to mention with this prop firm you can get funded up to $200K and have a profit split of up to 90%. Another benefit of this prop firm is the availability of all major investment categories. Starting with Forex, indices, cryptos, commodities and also stock.
Possibly, this stock screener might work for you as well here. But first, start with basics, using trusted tools and platforms, to build your knowledge. If you are an experienced trader, you would already know the advantages of Funded Trading Plus. So, don’t miss a chance to improve your results. Check Funded Trading Plus options already today!
FAQ
What is Option Samurai?
Option Samurai is a firm based in Israel which provided stock options screening tools since 2012.
Is Option Samurai a Screener for Options?
Yes. The company offers screening packages for stock options with more than 150 filters, 24 option strategies, and much more.
How Much Does Option Samurai Cost?
Monthly costs start from $49. Compared to Funded Trading Plus packages, it is better to test the advanced features of a prop trading firm instead of unproven trading tools.