Comparison IQ Option vs PaxForex

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares IQ Option vs PaxForex. Is IQ Option or PaxForex 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 PaxForex has a commission fee of spreads from 5 pips. For trading in Forex, the commission fee of IQ Option is from 0.03%, while the commission fee of PaxForex is spreads from 0.4 pips. When analyzing commission fees in CFD: IQ Option provides from 0.16%, and PaxForex provides spreads from 5 pips. 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 spreads from 50 pips for IQ Option and PaxForex, 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 PaxForex provides customers with Stocks Trading, Forex Trading, Crypto Trading. As for platforms, IQ Option offers Web Platform, Android App, iOS App, while PaxForex offers Desktop Platform (Windows), Desktop Platform (MacOS), MT4, 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. IQ Option was founded in 2013 in Seychelles, and it is regulated by Not Regulated. And PaxForex was founded in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. We can withdraw funds from IQ Option with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And PaxForex provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is varies. The time for withdrawal in IQ Option is within 1 business day, and that one in PaxForex is within 1 business day.

Overall, IQ Option boasts 3.9 stars versus PaxForex 4 stars.