Comparison 24option vs IQ Option

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares 24option vs IQ Option. Is 24option or IQ Option a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. Let’s analyze the commission fees on trading options. 24option has a commission fee of €10 fee per month, IQ Option has a commission fee of from 0.035%. The full online broker reviews contains more detailed information on the brokers’ commission fees.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Forex Trading, Crypto Trading are provided to customers by 24option and Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Crypto Trading are provided by IQ Option. Concerning the platforms, 24option uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while IQ Option uses Web Platform, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. 24option was established in 2009 in Cyprus, and it is regulated by CySEC, IFSC. And IQ Option was established in 2013 in Seychelles, and it is regulated by Not Regulated. We can withdraw funds from 24option with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $35. And IQ Option provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The time for withdrawal in 24option is 5 - 10 business days, and that one in IQ Option is within 1 business day.

As a result, the rating of 24option is 3.9 stars versus that of IQ Option of 3.9 stars.