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Comparison IQ Option vs Tastyworks

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

Firstly, let’s compare commission fees provided by these brokers for regular transactions. IQ Option has a commission fee of from 0.16%, and Tastyworks has a commission fee of $0. Let’s analyze the commission fees on trading options. IQ Option has a commission fee of from 0.035%, Tastyworks has a commission fee of $1. 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 IQ Option provides customers with Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Crypto Trading, and Tastyworks provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Futures Trading. Concerning the platforms, IQ Option uses Web Platform, Android App, iOS App, while Tastyworks uses Desktop Platform (Windows), Desktop Platform (MacOS), 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 founded in 2013 in Seychelles, and it is regulated by Not Regulated. And Tastyworks was founded in 2017 in United States, and it is regulated by FINRA, NFA and SIPC. Withdrawal of funds from IQ Option can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And Tastyworks provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $25-45. The withdrawal time for IQ Option is within 1 business day, and that one for Tastyworks is 3 business days.

Overall, IQ Option boasts 3.9 stars versus Tastyworks 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
Tastyworks
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Forex Spreads
CFDs
Futures
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%
Futures
N/A
Metals
From 0.093%
Cryptocurrency
From 0.064%
Tastyworks
Stock
$0
ETFs
N/A
Options
$1
Forex Spreads
N/A
CFDs
N/A
Futures
$1.25
Metals
N/A
Cryptocurrency
N/A

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Futures Trading
Crypto Trading
IQ Option
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Futures Trading
Crypto Trading
Tastyworks
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Forex Trading
Futures Trading
Crypto Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
IQ Option
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Tastyworks
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Social trading
Education
Demo account
IQ Option
Research & Analysis
Social trading
Education
Demo account
Tastyworks
Research & Analysis
Social trading
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
IQ Option
Android App
iOS App
Tastyworks
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
Tastyworks
Minimum deposit
$0
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
Tastyworks
Bank Wire
Visa/Mastercard
Withdrawal Time
3 business days
Withdrawal Fee
$25-45

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
IQ Option
Сountry of Origin
Seychelles
Year Founded
2013
Regulated By
Not Regulated
Tastyworks
Сountry of Origin
United States
Year Founded
2017
Regulated By
FINRA, NFA and SIPC

Customer Service

Customer Service
Phone
Email
Live Chat
 
IQ Option
Phone
+44 20 8068 0760
Email
support@iqoption.com
Live Chat
Yes
Tastyworks
Phone
(312) 724-7075
Email
N/A
Live Chat
Yes

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