Online Trading Starts Here
EN /
AR Arabic AZ Azerbaijan CS Czech DA Danish DE Deutsche EN English ES Spanish FI Finnish FR French HE Hebrew HI Hindi IND Indonesian IT Italian KK Kazakh MS Melayu NB Norwegian NL Dutch PL Polish PT Portuguese RO Romanian ... Русский SV Swedish TH Thai TR Turkish UA Ukrainian UZ Uzbek VI Vietnamese ZH Chinese
Menu
  1. Traders Union
  2. /
  3. Interesting articles
  4. /
  5. Best Telegram channels for options trading
Advertiser Disclosure

Best Telegram channels for options trading

Updated: May 02, 2024
Alamin Morshed
Contributor
Opinions expressed by Traders Union Contributors are their own.
Reviewed by
Dr. BJ Johnson
Editor
Fact-checked by
Mirjan Hipolito
Cryptocurrency and stock expert
Expert verified
Share this:

Table of Contents

  • Top 5 options trading channels in Telegram
  • Best brokers
  • Best options trading signals in Telegram
  • Best options educational channels
  • Expert Opinion
  • FAQs
  • Related Articles
Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

Options trading is becoming increasingly popular; hence, more people are learning and trading options. After learning, it is essential for you to know the best channel for options trading. The best channels for options trading are available on Telegram and many other platforms. This article will discuss the top five Telegram channels for options trading and the best options trading signals in Telegram.

According to the research conducted by Traders Union, the top five options trading channels on Telegram are:

  • The Options Club

  • Shivam Trading Academy

  • Options Traders

  • Fno Advisory

  • Supreme Market

Start trading Options now with Degiro!

Top 5 options trading channels in Telegram

Options trading is becoming increasingly popular; hence, more people are learning and trading options. After learning, it is essential for you to know the best channel for options trading. The best channels for options trading are available on Telegram and many other platforms. This article will discuss the top five Telegram channels for options trading and the best options trading signals in Telegram.

The Options Club

The Options Club is a Telegram channel reported to have more than 80% accuracy. Hence, if you are expecting a call with accuracy, this is the channel where you should be in. The channel is performing very effectively where the admin is making calls, making it more straightforward and effective for users. Most of the users have found this channel helpful.

Shivam Trading Academy

If you are looking for a channel that studies and offers something beyond the news and predictions, this is the one. The channel helps you discover the charts that speak of the market of the past. Instead of entirely relying on the news and future predictions, this channel studies and analyzes past results. This also helps you better trade, as you get a glimpse at probabilities while plotting the predictions.

Options Traders

As the name goes, it is one of the most popular telegram channels for options trading. The reason it is popular is because of its name and because it is older and popular with many subscribers. It is also free. If you are a newbie, you will find like-minded people and a community here. Options traders, true to their name, are doing a good job of assisting you with your trading.

Fno Advisory

One of the genuine free Telegram channels for beginners that you can trust is this one. They don't charge for consultations of any kind, and they back up their calls for your understanding. Additionally, they offer study materials to help you become more financially literate and capable of making independent decisions as you acquire expertise in options trading.

Supreme Market

The Supreme Market is also an accurate channel for making the calls and fetching out the charts. You will find it helpful to make your decisions accurately. The nice thing about the supreme market is that it is absolutely free. There are no premium features or hidden charges.

Top 5 Best Options Trading Alert Services

Best brokers to buy options

1
9.4/10
Go to broker
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Minimum deposit:
From $100
Review

The eToro broker was founded in 2007. The company promotes itself as a social trading platform working with traders from over 140 countries. The broker has several divisions operating under different jurisdictions and licensed by different regulators. For example, eToro (Europe) is licensed by the Cypriot regulator CySEC (109/10) and eToro (UK) is licensed by the British regulator FCA (583263). The broker also has a representative office in Australia and the USA.

Pros/Cons

•High level of reliability ensured by the licenses of respected regulatory authorities and participation in the compensation funds.

•Wide selection of assets quoted at stock exchanges in the UK, U.S., Australia and Asia.

•An opportunity to combine active trading with social trading and passive investing.

•Zero-fee trading of a number of stocks.

•Access to ready-made diversified asset portfolios with various risk levels.

•Provision of leverage, educational materials on various markets and user-friendly trading platforms that can run on any device.

•Zero fees for portfolio management, depositing funds and account maintenance.

•High minimum deposit for users of a number of countries.

•No live chat on the website for quick connection to customer support.

Study Review
2
9.2/10
Go to broker
Your capital is at risk.
Via eOption's secure website.
Minimum deposit:
$1
Review

The eOption broker (eoption.com) is an American stockbroker headquartered in Glenview, Illinois. It has been operating since 2007 and is a member of FINRA (CRD#: 7297/SEC#: 8-21765) and SIPC. It specializes in options trading and also acts as an intermediary in trades involving the popular securities classes. The company offers low trading commissions, super-fast execution of orders, and modern platforms with an advanced set of analytical tools. In 2020-2021, eOption was recognized as the best options broker by several resources such as Investopedia, The Tokenist, Benzinga, Investormint, and NerdWallet.

Pros/Cons

•Low commissions for options trading — $0.10 per contract plus $1.99 per trade.

•No minimum deposit requirements for cash trading accounts opened by US residents.

•FINRA membership and the protection of clients’ funds are available through Securities Investor Protection Corporation (SIPC).

•Access to professional trading platforms such as DAS and Sterling Trader Pro are developed by third-party software developers for the proprietary eOption terminal.

•An affiliate program with high rewards.

•Compensation for commissions for funds or assets from other brokerage firms and institutions transfer.

•Prompt support by phone and online chat in the trading platform during company business hours.

•The narrow range of choice of investment solutions to generate passive income.

•You cannot trade Pink Sheet and Bulletin Board stocks.

•There is no online chat on the company's website.

Study Review
3
9.1/10
Study Review
Minimum deposit:
$250
Review

The Ally Bank broker is part of Ally Financial Inc., which is an American holding company. The original company was created in 1919 by the General Motors automobile corporation to conduct activities with its auto parts suppliers and associated automobile dealerships. In 2014, Ally started offering banking products, and since 2017, it has also offered brokerage services. Currently, it operates solely as an online bank and brokerage firm and has no physical branches. It does, however, offer favorable terms of cooperation at consistently competitive rates with professional round-the-clock support. The company's services are used by more than 8.1 million customers globally.

Pros/Cons

•It has official licenses for banking, dealer, and brokerage activities from reputable US regulators.

•A wide range of assets is available such as currency pairs, metals, securities, and options.

•There is an opportunity to invest in diversified portfolios for passive profit.

•The company works only with US tax-paying residents.

•On the broker's website, there is no training on trading in various financial markets, nor is there a Forex glossary of terms.

•There are high commissions for withdrawing funds and the company does not compensate customers in any way.

•Only registered users can ask a question in the online chat.

•There is a time-consuming procedure for opening an account, which in some cases takes up to two weeks.

Study Review

Best options trading signals in Telegram

There are many options trading signal providers on Telegram. Traders Union has listed some of them below.

Seven Signals

Seven Signals provides free options trading signals to its users and has an accuracy of 80%. They provide quality signals to their users every day without charging any money.

Verified Crypto Traders

One of the early providers of crypto trading signals is Verified Crypto Traders. The provider of crypto signals is registered in the Netherlands. They have a group of knowledgeable and talented traders from Poland, the Netherlands, India, and the United States.

Both a free-for-all channel and a VIP service with various features are available. They typically offer three trading signals every day. Verified Crypto Traders have reasonable, affordable fees for the services they offer. The cost of the monthly plan is $99; you can also choose from quarterly, biannual, or annual subscription plans, which cost $270, $540, and $999, respectively.

Universal Crypto Signals

Another signal provider on Telegram with a 96% accuracy rate is Universal Crypto Signals. Users of Universal Crypto Signal receive free signals from it. Whether the market is bullish or bearish, Universal Crypto Signals never compromises on signal quality or accuracy.They effectively control risk and give the signals with the proper entries, take-profit goals, stop-loss orders, and risk parameters. The indications provide a special trading strategy.

Fat Pig Signals

One of the well-known Telegram channels for trading signals for cryptocurrencies is Fat Pig Signals. There is a VIP-only Telegram group and a group open to everyone at Fat Pig Signals. You only receive a few VIP channel signals from the free channel, along with important market news and updates.

Each signal is carefully examined using a variety of technical indicators on the VIP channel, which provides more personalized assistance. This is a superior option for those seeking an in-depth analysis of the best positions to hold at the right time. Their signals are 75% accurate.

Wolfx Signals

Wokfx Signals is a Telegram group that gives its users signals and provides great technical support. Your question will be answered briefly and will assist in understanding trade. They share two forex signals and two crypto signals every week on the free channel. Furthermore, they supply about 15 signals per week on each of their two paid channels (one for forex and one for cryptocurrency).

Best options educational channels

As options trading is popular these days, knowing where to learn it properly is essential. Traders Union has listed the best options trading educational channels below.

Simpler Trading

Simpler Trading has one of the largest selections of courses, resources, and tools to help you move forward, no matter how much experience you have. This is why we chose it as the best overall options trading education. The course is created and taught by a well-known options trader, and it also includes an extensive curriculum, nightly premium lessons, and a large library of training videos. You can get full access by paying the $7 trial membership price. But its training courses are sold independently.

Udemy

Udemy provides an extensive variety of options trading courses, ranging from fundamentals to advanced trading strategies. Before enrolling in a more in-depth trading course, its introductory courses are ideal for those new to options trading who wish to accelerate their learning.

Options Trading Basics (3-Course Bundle) on Udemy is one of more than a dozen courses for beginners that get good reviews and give a thorough introduction to options trading.

This 11.5-hour video course comprises five courses: Introduction to Call and Put Options, Time Decay, Implied Volatility, Greeks, and Live Call and Put Trades. There are coupons available online that reduce the price to $19.99 from the stated $99.99. This is a risk-free approach to learning about options from a professional.

Option Alpha

Option Alpha's free offer is the best for people who are new to trading options and want to learn as much as they can at their own pace. You have access to twelve courses with thousands of video lessons.

The courses include options fundamentals, entry and bearish strategies, portfolio management, pricing and volatility, and more.

There are numerous options trading courses that provide free education, but they are frequently limited.

Bullish Bears

The Deluxe membership of Bullish Bears costs just $247 per year, making it our top choice for the least expensive options trading course. Bullish Bears aims to "popularize" options trading by providing top-tier courses and materials at an affordable price. For $247 per year, you can join and get access to a wide range of high-quality courses, a lively chat room, a live-streaming trading room, trade alerts, and other important trading tools.

Even though the Bullish Bears have only been around for a short time, they have made a name for themselves in the industry. This is shown by the fact that their YouTube channel has more than 90,000 subscribers.

Warrior Trading

Warrior Trading offers penny stock trading in addition to IRA day trading. Its options trading course receives the same care and support as its other highly rated courses, including in-depth training, access to a live trading chat room, and the use of a real-time trading simulator.

This is why Warrior Trading is the best place to take an options trading course because it has the most to offer. Option traders who are just starting out can learn a lot from Warrior Trading's free courses before spending $997 on its starter course.

Expert Opinion

To successfully trade options, it is important for a trader to find a reliable signal provider. Telegram has many smart trading communities where you can find not only smart signals, but also a training base and good trading ideas for options traders. To avoid risking your capital, it is recommended to use signals from several providers.

The Traders Union rating of the best Telegram channels for options trading features only reliable options with high accuracy of signals. To choose the most suitable one, it is important to consider the fees (paid services or free), availability of technical support, functionality, etc.

Anastasiia Chabaniuk

Anastasiia Chabaniuk

Author, Financial Expert at Traders Union

FAQs

What is options trading?

Traders can bet on the future direction of the stock market as a whole or on the future direction of specific securities, like stocks and bonds.

Are options trading signals reliable?

Yes, options trading signals are reliable. However, the percentage of accuracy varies from one provider to the next.

What are the five best Telegram channels for options trading?

According to the research of the Traders Union The Options Club, Shivam Trading Academy, Options Traders, Fno Advisory, and Supreme Market are the five best Telegram channels for options trading.

Are options trading signals free?

Yes, there are free options trading signals. However, the quality and quantity of the free signals vary.

Glossary for novice traders

  • 1 Broker

    A broker is a legal entity or individual that performs as an intermediary when making trades in the financial markets. Private investors cannot trade without a broker, since only brokers can execute trades on the exchanges.

  • 2 Trading

    Trading involves the act of buying and selling financial assets like stocks, currencies, or commodities with the intention of profiting from market price fluctuations. Traders employ various strategies, analysis techniques, and risk management practices to make informed decisions and optimize their chances of success in the financial markets.

  • 3 Options trading

    Options trading is a financial derivative strategy that involves the buying and selling of options contracts, which give traders the right (but not the obligation) to buy or sell an underlying asset at a specified price, known as the strike price, before or on a predetermined expiration date. There are two main types of options: call options, which allow the holder to buy the underlying asset, and put options, which allow the holder to sell the underlying asset.

  • 4 Cryptocurrency

    Cryptocurrency is a type of digital or virtual currency that relies on cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies operate on decentralized networks, typically based on blockchain technology.

  • 5 Volatility

    Volatility refers to the degree of variation or fluctuation in the price or value of a financial asset, such as stocks, bonds, or cryptocurrencies, over a period of time. Higher volatility indicates that an asset's price is experiencing more significant and rapid price swings, while lower volatility suggests relatively stable and gradual price movements.

Team that worked on the article

Alamin Morshed
Alamin Morshed
Contributor

Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses who want to improve their Google search rankings to compete with their competition.

Read more
Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

Read more
Mirjan Hipolito
Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

Read more