Comparison CMC Markets vs IQ Option

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare CMC Markets vs IQ Option. Which of them: CMC Markets or IQ Option a better online broker?

First of all, we’ll compare the commission fees of the two brokers. CMC Markets has a commission fee of 0.08% commission, and IQ Option has a commission fee of from 0.16%. For trading in Forex, the commission fee of CMC Markets is from 0.7 pips, while the commission fee of IQ Option is from 0.03%. We can also analyze commission fees for trading CFD: they are 0.08% commission in CMC Markets vs from 0.16% in IQ Option. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: from 0.3 pips and from 0.093% for CMC Markets and IQ Option, respectively. You can read more detailed information on commission fees in the online broker reviews.

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, ETFs Trading, Forex Trading are provided to customers by CMC Markets and Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Crypto Trading are provided by IQ Option. As for platforms, CMC Markets offers Web Platform, Android App, iOS App, while IQ Option offers 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. CMC Markets was established in 1987 in United Kingdom, and it is regulated by FCA, ASIC, CFTC. And IQ Option was established in 2013 in Seychelles, and it is regulated by Not Regulated. We can withdraw funds from CMC Markets with the help of Bank Wire, and its withdrawal fee is free. 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 CMC Markets is 1 - 2 business days, and that one in IQ Option is within 1 business day.

As a result, the rating of CMC Markets is 4.8 stars versus that of IQ Option of 3.9 stars.