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Comparison IQ Option vs Olymp Trade

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

First of all, we’ll compare the commission fees of the two brokers. When analyzing trading options, the commission fees of IQ Option is from 0.035%, and that one of Olymp Trade is none. 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, Options Trading, ETFs Trading, Forex Trading, Crypto Trading are provided to customers by IQ Option and Options Trading are provided by Olymp Trade. As for platforms, IQ Option offers Web Platform, Android App, iOS App, while Olymp Trade 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. IQ Option was established in 2013 in Seychelles, and it is regulated by Not Regulated. And Olymp Trade was established in 2014 in St. Vincent and the Grenadines, and it is regulated by Not Regulated. We can withdraw funds from IQ Option with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And Olymp Trade 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 IQ Option is within 1 business day, and that one in Olymp Trade is 1 - 5 business days.

Overall, IQ Option boasts 3.9 stars versus Olymp Trade 4 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
IQ Option
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Olymp Trade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Forex Spreads
CFDs
Metals
Cryptocurrency
IQ Option
Stock
From 0.16%
ETFs
From 0.018%
Options
From 0.035%
Forex Spreads
From 0.03%
CFDs
From 0.16%
Metals
From 0.093%
Cryptocurrency
From 0.064%
Olymp Trade
Stock
N/A
ETFs
N/A
Options
None
Forex Spreads
N/A
CFDs
N/A
Metals
N/A
Cryptocurrency
N/A

Types of trading

Types of trading
Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Crypto Trading
IQ Option
Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Crypto Trading
Olymp Trade
Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Crypto Trading

Platforms

Platforms
Web Platform
IQ Option
Web Platform
Olymp Trade
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
IQ Option
Research & Analysis
Education
Demo account
Olymp Trade
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
IQ Option
Android App
iOS App
Olymp Trade
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
PayPal
Cryptocurrency
IQ Option
Minimum deposit
$10
Bank Wire
Visa/Mastercard
PayPal
Cryptocurrency
Olymp Trade
Minimum deposit
$10
Bank Wire
Visa/Mastercard
PayPal
Cryptocurrency

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
IQ Option
Bank Wire
Visa/Mastercard
Withdrawal Time
Within 1 business day
Withdrawal Fee
Free
Olymp Trade
Bank Wire
Visa/Mastercard
Withdrawal Time
1 - 5 business days
Withdrawal Fee
Free

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
IQ Option
Сountry of Origin
Seychelles
Year Founded
2013
Regulated By
Not Regulated
Olymp Trade
Сountry of Origin
St. Vincent and the Grenadines
Year Founded
2014
Regulated By
Not Regulated

Customer Service

Customer Service
Phone
Email
Live Chat
 
IQ Option
Phone
+44 20 8068 0760
Email
support@iqoption.com
Live Chat
Yes
Olymp Trade
Phone
+27 (21) 1003880
Email
support-en@olymptrade.com
Live Chat
No

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