Compare IQ Option vs Globex360
What is IQ Option? What is Globex360 ?
IQ Option is an online trading platform that offers CFDs on various assets, such as forex, stocks, cryptocurrencies, commodities and ETFs. It also provides binary options and digital options trading for some markets. IQ Option has a user-friendly proprietary platform with a low minimum deposit of $10 and a free demo account. It has over 40 million members and operates in 17 languages.
Globex360 is an online broker that offers forex and CFD trading on indices, commodities, metals and cryptocurrencies. It has a minimum deposit of $10 and supports MetaTrader 4 and MetaTrader 5 platforms. It also provides Islamic accounts, educational resources and customer support in multiple languages.
IQ Option vs Globex360 Regulation Comparison
IQ Option is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 247/14. It also complies with the European Securities and Markets Authority (ESMA) rules and the Financial Conduct Authority (FCA) standards.
Globex360 is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under license number 50130. It also complies with the Financial Intelligence Centre Act (FICA) and the Protection of Personal Information Act (POPIA) of South Africa.
IQ Option vs Globex360 Trading Assets Comparison
IQ Option offers over 200 assets to trade, including:
- 24 forex pairs
- 185+ stocks
- 25+ cryptocurrencies
- 4 commodities
- 23 indices
- 25 ETFs
- Binary options and digital options on selected markets
Globex360 offers over 100 assets to trade, including:
- 50+ forex pairs
- 15+ indices
- 10+ commodities
- 4 metals
- 10+ cryptocurrencies
IQ Option vs Globex360 Trading Fees Comparison
IQ Option does not charge any commissions or fees on trades, deposits or withdrawals. However, it does charge spreads, swap fees and an inactivity fee of €10 after 90 days of no trading activity.
Globex360 does not charge any commissions or fees on trades, deposits or withdrawals either. However, it does charge spreads, swap fees and an inactivity fee of $10 after six months of no trading activity.
IQ Option vs Globex360 Account Types Comparison
IQ Option offers two types of accounts: a standard account and a VIP account.
The standard account requires a minimum deposit of $10 and provides access to all the assets, features and tools on the platform. The maximum leverage is 1:30 for forex, 1:20 for stocks and ETFs, 1:10 for commodities and indices, and 1:2 for cryptocurrencies.
The VIP account requires a minimum deposit of $1900 or a trading volume of $15000 within three months. It provides additional benefits such as higher payouts on binary options, personal account manager, free trading signals, faster withdrawals and exclusive tournaments.
Both accounts come with a free demo account with $10000 virtual funds.
Globex360 offers three types of accounts: a standard account, an ECN account and an Islamic account.
The standard account requires a minimum deposit of $10 and provides access to all the assets, features and tools on the platform. The maximum leverage is 1:500 for forex, metals and cryptocurrencies, and 1:200 for indices and commodities.
The ECN account requires a minimum deposit of $2000 and provides lower spreads than the standard account. The maximum leverage is the same as the standard account.
The Islamic account is a swap-free account that complies with the Sharia law. It requires a minimum deposit of $10 and has the same features and leverage as the standard account.
All accounts come with a free demo account with $10000 virtual funds.
IQ Option vs Globex360 Deposit Options Comparison
IQ Option supports a wide range of payment methods, including:
- Credit/debit cards (Visa, Mastercard, Maestro)
- Wire transfer
- E-wallets (Skrill, Neteller, WebMoney, AdvCash, Perfect Money, Jeton Wallet)
- Cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple)
The minimum deposit and withdrawal amount is $10 and the processing time is usually within 24 hours.
Globex360 supports fewer payment methods, including:
- Credit/debit cards (Visa, Mastercard)
- Wire transfer
- E-wallets (Skrill, Neteller)
The minimum deposit and withdrawal amount is $10 and the processing time is usually within 24 hours for e-wallets and up to five business days for wire transfer.
IQ Option vs Globex360 Trading Platforms Comparison
IQ Option uses its own proprietary platform that is web-based and compatible with desktop and mobile devices. The platform has a clean and intuitive interface that allows traders to customize their charts, indicators, widgets and tools. The platform also offers features such as news feed, economic calendar, price alerts, trading community, tournaments and video tutorials.
Globex360 uses the popular MetaTrader 4 and MetaTrader 5 platforms that are available as web-based, desktop and mobile versions. The platforms have advanced charting, analysis and automation tools that allow traders to execute various strategies and orders. The platforms also offer features such as market news, economic calendar, trading signals, copy trading and expert advisors.
IQ Option vs Globex360 Analytical Tools Comparison
IQ Option provides various analytical tools on its platform, such as:
- Technical indicators (over 100 types)
- Chart types (line, candlestick, bar, Heikin-Ashi)
- Time frames (from 5 seconds to 1 month)
- Drawing tools (trend lines, Fibonacci retracement, horizontal lines)
- Widgets (traders’ mood, other traders’ deals, live deals)
- Historical quotes
- Trading signals (for VIP accounts only)
Globex360 provides various analytical tools on its platforms, such as:
- Technical indicators (over 50 types on MT4 and over 80 types on MT5)
- Chart types (line, candlestick, bar)
- Time frames (from 1 minute to 1 month on MT4 and from 1 second to 1 month on MT5)
- Drawing tools (trend lines, channels, Gann lines)
- Objects (shapes, arrows, texts)
- Expert advisors
- Trading signals
- Copy trading
IQ Option vs Globex360 . Which forex broker is better? Which forex broker should you choose?
Different brokers may suit different traders depending on their preferences, goals and strategies. You should consider factors that are important to you, such as regulation, fees, assets, platforms, tools, and customer service, and compare brokers based on those criteria. You can also try out their demo account to get a feel for their platform and features before making a decision. Ultimately, the choice is yours and you should feel comfortable and confident with the broker you choose.
