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Comparison IQ Option vs Webull
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare IQ Option vs Webull. Which of them: IQ Option or Webull 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 Webull has a commission fee of commission Free. Let’s analyze the commission fees on trading options. IQ Option has a commission fee of from 0.035%, Webull has a commission fee of n/A. Now, let’s compare commission fees in Forex, the commission fee of IQ Option is from 0.03%, and the commission fee of Webull is n/A. We can also analyze commission fees for trading CFD: they are from 0.16% in IQ Option vs n/A in Webull. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: from 0.093% and n/A for IQ Option and Webull, respectively. 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 Webull provides customers with Stocks Trading, ETFs Trading. As for platforms, IQ Option offers Web Platform, Android App, iOS App, while Webull offers 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 Webull was established in 2017 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 Webull provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $45 (International Wire). The time for withdrawal in IQ Option is within 1 business day, and that one in Webull is 2 business days.
As a result, the rating of IQ Option is 3.9 stars versus that of Webull of 4.1 stars.