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Comparison IQ Option vs Robinhood

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

Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of IQ Option on regular transactions of the stock exchange is from 0.16%, and Robinhood has a commission fee of commission-free. When analyzing trading options, the commission fees of IQ Option is from 0.035%, and that one of Robinhood is commission-free. 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 Stocks Trading, Options Trading, ETFs Trading, Crypto Trading are provided by Robinhood. Concerning the platforms, IQ Option uses Web Platform, Android App, iOS App, while Robinhood uses 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. IQ Option was established in 2013 in Seychelles, and it is regulated by Not Regulated. And Robinhood was established in 2013 in USA, and it is regulated by SEC, FINRA. Withdrawal of funds from IQ Option can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And Robinhood provides the ability to withdraw funds using Bank Wire with a withdrawal fee of free. The withdrawal time for IQ Option is within 1 business day, and that one for Robinhood is 5 days trading holding period for uninvested funds.

As a result, the rating of IQ Option is 3.9 stars versus that of Robinhood of 3.4 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
Robinhood
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%
Robinhood
Stock
Commission-free
ETFs
Commission-free
Options
Commission-free
Forex Spreads
N/A
CFDs
N/A
Metals
N/A
Cryptocurrency
Commission-free

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
Robinhood
Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Crypto Trading

Platforms

Platforms
Web Platform
IQ Option
Web Platform
Robinhood
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
IQ Option
Research & Analysis
Education
Demo account
Robinhood
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
IQ Option
Android App
iOS App
Robinhood
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
Robinhood
Minimum deposit
None
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
Robinhood
Bank Wire
Visa/Mastercard
Withdrawal Time
5 days trading holding period for uninvested funds
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
Robinhood
Сountry of Origin
United States
Year Founded
2013
Regulated By
SEC, FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
IQ Option
Phone
+44 20 8068 0760
Email
support@iqoption.com
Live Chat
Yes
Robinhood
Phone
No
Email
Yes
Live Chat
No

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