Comparison IFC 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 IFC Markets vs IQ Option. Which of them: IFC Markets or IQ Option a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. IFC Markets has a commission fee of from 0.1%, and IQ Option has a commission fee of from 0.16%. For trading in Forex, the commission fee of IFC Markets is spreads from 0.4 pips, while the commission fee of IQ Option is from 0.03%. We can also analyze commission fees for trading CFD: they are spreads from 34 pips in IFC 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: fixed spreads at 45 pips and from 0.093% for IFC 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, Futures Trading, Crypto Trading are provided to customers by IFC Markets and Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Crypto Trading are provided by IQ Option. As for platforms, IFC Markets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, Android App, iOS App, while IQ Option offers Web Platform, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. IFC Markets was established in 2006 in British Virgin Islands, and it is regulated by BVI FSC. And IQ Option was established in 2013 in Seychelles, and it is regulated by Not Regulated. We can withdraw funds from IFC Markets with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is fees vary. And IQ Option provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The withdrawal time for IFC Markets is 1 - 5 business days, and that one for IQ Option is within 1 business day.
Overall, IFC Markets boasts 4.8 stars versus IQ Option 3.9 stars.