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Comparison IQ Option vs Trading 212
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare IQ Option vs Trading 212. Which of them: IQ Option or Trading 212 a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of IQ Option on regular transactions of the stock exchange is from 0.16%, and Trading 212 has a commission fee of 0. Now, let’s compare commission fees in Forex, the commission fee of IQ Option is from 0.03%, and the commission fee of Trading 212 is 0.8 average spread for EUR/USD. We can also analyze commission fees for trading CFD: they are from 0.16% in IQ Option vs fees built into spreads in Trading 212. 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 Trading 212 provides customers with Stocks Trading, ETFs Trading, Forex Trading. Concerning the platforms, IQ Option uses Web Platform, Android App, iOS App, while Trading 212 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 founded in 2013 in Seychelles, and it is regulated by Not Regulated. And Trading 212 was founded in 2004 in Bulgaria, and it is regulated by FCA, FSC. We can withdraw funds from IQ Option with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And Trading 212 provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is 0. The time for withdrawal in IQ Option is within 1 business day, and that one in Trading 212 is 0-5 days.
As a result, the rating of IQ Option is 3.9 stars versus that of Trading 212 of 4.3 stars.