The Different Types of Options on the IQ option platform - IQ Option Wiki.
IQ Option Review, Forex Broker&Trading markets-WikiFX.
What are options and how do you trade them? A detailed explanation - IQ Option Wiki.
Expert Option Vs IQ Option – What you Need to Know | Trading IQ Option Wiki
In this video, we from the Iq option wiki give you in-depth platform research about the 2 different brokers Expert Option and IQ Option.
For more additional information you can visit our website article about this video: https://www.iqoptionwiki.com/expert-option-vs-iq-option/
Expert Option and IQ Option are two of the most popular online trading platforms. Since their launch, both have managed to attract millions of users from across the globe. But if you're a new trader looking for a broker to invest with, which one would you choose?
IQ option vs expert option:
This review will compare them side by side. In it, I'll cover the most important features to look for when searching for an online broker. These include the following:
How long the broker has been operational:
The regulatory body monitoring the broker's activities
Account types offered
Types of assets offered
Returns on trades (options)
Payment methods accepted
Deposits and withdrawals
Let's get started.
How long Expert Option and IQ Option have been operational
Expert Option launched in 2014. Expert Option has its offices in Saint Vincent and Grenadines. IQ Option on the other hand was launched in 2013 and has its offices located in Cyprus.
Expert Option is regulated by Financial Markets Relations Regulation Center (FMRRC) in Russia. They're also regulated by the Vanuatu Financial Services Commission.
IQ Option on the other hand is regulated by CySEC.
Since its inception, Expert Option has managed to attract over 11 million active traders and has over $30 million worth of transactions conducted each month. IQ Option on the other hand has over 23 million traders and has over $380 million worth of transactions per month.
Expert Option has 5 different account types.
Their Basic account requires a minimum deposit of $50. With this account, you can invest a maximum of $25 per trade and have a maximum of 10 open trades at a time.
The Silver account requires a minimum deposit of $500. With this account, you can invest a maximum of $250 per trade and have a maximum of 15 open trades at a time. You'll also get a personal manager as well as daily market reviews and financial research.
The Gold account requires a minimum deposit of $2500. With this account, you can invest a maximum of $1000 per trade and have a maximum of 30 open trades at a time. You'll also get a personal manager, daily market reviews and financial research, priority withdrawal, and up to 2% extra on profitable trades.
There's no limit to the maximum you can invest per trade. The IQ Option VIP account requires a minimum deposit of $1900 or at least $15000 trading volume over 3 months. The VIP account isn't available for EU citizens. VIP account holders benefit from faster withdrawals, account managers, and free trading eBooks.
Both platforms also offer demo accounts which come credited with $10000 virtual cash. The demo accounts can be recharged if the balance becomes depleted.
Types of assets offered:
Both platforms offer hundreds of assets drawn from different classes. These include digital options, forex, stocks, commodities, and cryptocurrencies. This diverse selection of financial instruments is perhaps the main reason for their growth in such a short time.
1. Returns on trades
2. Payment methods accepted
3. Deposits and withdrawals
Note that Gold, Platinum, and Exclusive account holders for Expert Options and VIP account holders for IQ Option get priority withdrawals. These are processed within 24 hours.
Expert Option and IQ Option are accessible via web browser, desktop apps (Windows and macOS) as well as smartphone apps (Android and iOS).
trading interface IQ option
Both platforms have excellent customer support. Their support team can be reached through phone, chat, email, and even social media.
Both platforms are great for both beginner and expert traders. IQ Option is a good choice for traders who want to start small as well as trade options. Expert Option on the other hand offers more trading accounts although their basic account requires a larger deposit.
Which of these two platforms have you traded on? Kindly share your experience in the comments section below.
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