Comparison AvaTrade vs IQ Option
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AvaTrade vs IQ Option. Is AvaTrade or IQ Option a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of AvaTrade on regular transactions of the stock exchange is average 0.13%, and IQ Option has a commission fee of from 0.16%. When analyzing trading options, the commission fees of AvaTrade is spreads Vary, and that one of IQ Option is from 0.035%. For trading in Forex, the commission fee of AvaTrade is from 1.3 pips, while the commission fee of IQ Option is from 0.03%. We can also analyze commission fees for trading CFD: they are from 0.13% in AvaTrade vs from 0.16% in IQ Option. For a more complete picture, let’s consider trading in the metal market, where AvaTrade and IQ Option have commission fees of from 0.4pips and from 0.093%, respectively. You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are AvaTrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor, and IQ Option provides customers with Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Crypto Trading. Concerning the platforms, AvaTrade 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. AvaTrade was founded in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And IQ Option was founded in 2013 in Seychelles, and it is regulated by Not Regulated. Withdrawal of funds from AvaTrade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And IQ Option provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The withdrawal time for AvaTrade is 1 - 2 business days, and that one for IQ Option is within 1 business day.
Overall, AvaTrade boasts 4.8 stars versus IQ Option 3.9 stars.