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Comparison IQ Option vs TD Ameritrade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares IQ Option vs TD Ameritrade. Is IQ Option or TD Ameritrade 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 TD Ameritrade has a commission fee of $6.95. Let’s analyze the commission fees on trading options. IQ Option has a commission fee of from 0.035%, TD Ameritrade has a commission fee of $6.95 + $0.75. For trading in Forex, the commission fee of IQ Option is from 0.03%, while the commission fee of TD Ameritrade is $0.10 per 1,000 units. 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 TD Ameritrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading. Concerning the platforms, IQ Option uses Web Platform, Android App, iOS App, while TD Ameritrade uses Desktop Platform (Windows), Desktop Platform (MacOS), 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 TD Ameritrade was established in 1975 in USA, and it is regulated by SEC, FINRA. We can withdraw funds from IQ Option with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And TD Ameritrade provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is free. The withdrawal time for IQ Option is within 1 business day, and that one for TD Ameritrade is one Business Day.
As a result, the rating of IQ Option is 3.9 stars versus that of TD Ameritrade of 4.5 stars.