Comparison Fidelity vs IQ Option

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Fidelity vs IQ Option. Which of them: Fidelity or IQ Option a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Fidelity on regular transactions of the stock exchange is $4.95, and IQ Option has a commission fee of from 0.16%. When analyzing trading options, the commission fees of Fidelity is $4.95 + $0.65, and that one of IQ Option is from 0.035%. 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 Fidelity provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, and IQ Option provides customers with Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Crypto Trading. Concerning the platforms, Fidelity uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while IQ Option 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. Fidelity was founded in 1946 in USA, and it is regulated by SEC, FINRA, FCA (UK). And IQ Option was founded in 2013 in Seychelles, and it is regulated by Not Regulated. We can withdraw funds from Fidelity with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $10 (Bank Wire). And IQ Option provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The withdrawal time for Fidelity is immediate (Bank Wire), and that one for IQ Option is within 1 business day.

As a result, the rating of Fidelity is 4.3 stars versus that of IQ Option of 3.9 stars.