Compare IQ Option vs Markets.com
What is IQ Option? What is Markets.com ?
IQ Option is a trusted broker that offers binary options, CFDs, forex, stocks, cryptos, indices, commodities and ETFs on its user-friendly proprietary platform. You can open an account with just $10 and enjoy high payouts, 24/7 support and access to the IQ Option community.
Markets.com is a respected multi-asset broker that provides trading on forex, stocks, indices, commodities, bonds, ETFs and cryptos on the industry-leading MetaTrader 4 and 5 platforms. You can open an account with $100 and benefit from low fees, fast execution, social trading features and 24/7 customer service.
IQ Option vs Markets.com Regulation Comparison
Both IQ Option and Markets.com are regulated by reputable authorities in multiple jurisdictions.
IQ Option is authorized by the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Commission (FSC) of the British Virgin Islands, the Australian Securities and Investments Commission (ASIC) and the Financial Sector Conduct Authority (FSCA) of South Africa.
Markets.com is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) of the UK, the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) of South Africa and the Financial Services Authority (FSA) of Seychelles.
IQ Option vs Markets.com Trading Assets Comparison
IQ Option offers a wide range of trading assets, including over 250 forex pairs, over 180 stocks, over 25 cryptos, over 20 indices, over 10 commodities and over 5 ETFs. You can also trade binary options and digital options on selected assets with expiry times ranging from 60 seconds to 1 month.
Markets.com also has a diverse selection of trading instruments, including over 220 forex pairs, over 2000 stocks, over 25 cryptos, over 40 indices, over 20 commodities, over 60 bonds and over 50 ETFs. You can trade CFDs on all these assets with leverage up to 1:500.
IQ Option vs Markets.com Trading Fees Comparison
IQ Option charges variable spreads on its trading assets, starting from 0.6 pips for major forex pairs, 0.1% for stocks, 1% for cryptos, 0.2% for indices, 0.03% for commodities and 0.45% for ETFs. There are no commissions or hidden fees on IQ Option. However, there is a €10 inactivity fee after 90 days of no trading activity.
Markets.com also offers variable spreads on its trading instruments, starting from 0.6 pips for major forex pairs, 0.2% for stocks, 0.75% for cryptos, 0.5 points for indices, 0.004 points for commodities and 0.09% for ETFs. There are no commissions or hidden fees on Markets.com either. However, there is a $10 inactivity fee after three months of no trading activity.
IQ Option vs Markets.com Account Types Comparison
IQ Option has a simple account structure with only two types of accounts: Standard and VIP. The Standard account requires a minimum deposit of $10 and gives you access to all the trading assets and features on the platform. The VIP account requires a minimum deposit of $1900 or a trading volume of $15000 in three months and gives you additional benefits such as personal account manager, higher payouts and free participation in trading tournaments.
Markets.com has three types of accounts: Classic, Standard and Premium. The Classic account requires a minimum deposit of $100 and gives you access to all the trading instruments and platforms on the website. The Standard account requires a minimum deposit of $2500 and gives you additional benefits such as dedicated account manager, premium daily analysis and premium customer support. The Premium account requires a minimum deposit of $20000 and gives you additional benefits such as premium spreads, exclusive webinars and events and premium trading tools.
IQ Option vs Markets.com Deposit Options Comparison
IQ Option supports a variety of payment methods for depositing and withdrawing funds from your account, including credit/debit cards (Visa/Mastercard/Maestro), e-wallets (Skrill/Neteller/WebMoney/Perfect Money/AdvCash), bank wire transfer and local payment methods (Boleto/GlobePay/Yandex Money/QIWI/Vietcombank Transfer). The minimum deposit amount is $10 and the minimum withdrawal amount is $2. There are no fees for deposits or withdrawals on IQ Option. However, some payment providers may charge their own fees.
Markets.com also supports a range of payment options for funding and withdrawing from your account, including credit/debit cards (Visa/Mastercard), e-wallets (Skrill/Neteller/PayPal), bank wire transfer and local payment methods (POLi/FasaPay/Giropay/Rapid Transfer/QIWI/UnionPay). The minimum deposit amount is $100 and the minimum withdrawal amount is $50. There are no fees for deposits or withdrawals on Markets.com. However, some payment providers may charge their own fees.
IQ Option vs Markets.com Trading Platforms Comparison
IQ Option has its own proprietary trading platform that is designed to be user-friendly, intuitive and customizable. You can access the platform via web browser, desktop application (Windows/MacOS) or mobile app (iOS/Android). The platform offers a range of features such as advanced charting tools, technical indicators, trading signals, price alerts, market news, economic calendar, video tutorials and social trading. You can also participate in trading tournaments and join the IQ Option community to interact with other traders.
Markets.com offers the industry-leading MetaTrader 4 and 5 platforms that are widely used by traders around the world. You can access the platforms via web browser, desktop application (Windows/MacOS) or mobile app (iOS/Android). The platforms offer a range of features such as advanced charting tools, technical indicators, expert advisors, trading signals, price alerts, market news, economic calendar and social trading. You can also use the Marketsx platform that is exclusive to Markets.com and offers additional features such as sentiment tools, advanced analytics and multi-asset trading.
IQ Option vs Markets.com Analytical Tools Comparison
IQ Option provides a variety of analytical tools to help you make informed trading decisions, such as technical indicators, trading signals, price alerts, market news, economic calendar and video tutorials. You can also use the IQ Option blog and YouTube channel to get more insights and tips from experts and analysts.
Markets.com also provides a variety of analytical tools to help you enhance your trading performance, such as technical indicators, trading signals, price alerts, market news, economic calendar and webinars. You can also use the Marketsx platform that offers additional features such as sentiment tools (traders trends, blog sentiment, insiders’ stuff), advanced analytics (multi-charts, correlation trader, deal cancellation) and multi-asset trading (blends).
IQ Option vs Markets.com . Which forex broker is better? Which forex broker should you choose?
Different traders may have different preferences and needs. However, here are some factors that you can consider when choosing a forex broker:
- Regulation: Both IQ Option and Markets.com are regulated by reputable authorities in multiple jurisdictions, which means they have to comply with high standards of security, transparency and customer protection. However, Markets.com has more regulators than IQ Option, which may give you more confidence and peace of mind when trading with them.
- Trading Assets: Both IQ Option and Markets.com offer a wide range of trading assets, including over 200 forex pairs each. However, IQ Option also offers binary options and digital options on selected assets, which may appeal to you if you are looking for short-term and high-risk/high-reward trading opportunities. Markets.com does not offer these options, but it does offer more stocks, bonds and ETFs than IQ Option, which may appeal to you if you are looking for more diversification and long-term investment opportunities.
- Trading Fees: Both IQ Option and Markets.com charge variable spreads on their trading assets, starting from 0.6 pips for major forex pairs. There are no commissions or hidden fees on either platform. However, IQ Option has a lower inactivity fee of €10 after 90 days, compared to Markets.com’s $10 after three months. IQ Option also has a lower minimum deposit of $10, compared to Markets.com’s $100.
- Trading Platforms: IQ Option has its own proprietary trading platform that is designed to be user-friendly, intuitive and customizable. You can access the platform via web browser, desktop application or mobile app. The platform offers a range of features such as advanced charting tools, technical indicators, trading signals, price alerts, market news, economic calendar, video tutorials and social trading. Markets.com offers the industry-leading MetaTrader 4 and 5 platforms that are widely used by traders around the world. You can access the platforms via web browser, desktop application or mobile app. The platforms offer a range of features such as advanced charting tools, technical indicators, expert advisors, trading signals, price alerts, market news, economic calendar and social trading. You can also use the Marketsx platform that is exclusive to Markets.com and offers additional features such as sentiment tools, advanced analytics and multi-asset trading.
Ultimately, the best forex broker for you depends on your personal preferences, trading style, and goals. You may want to try out both platforms with a free demo account before making a decision.
