Comparison IQ Option vs Vanguard
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare IQ Option vs Vanguard. Which of them: IQ Option or Vanguard a better online broker?
First of all, we’ll compare the commission fees of the two brokers. IQ Option has a commission fee of from 0.16%, and Vanguard has a commission fee of $7 per trade (first 25). Let’s analyze the commission fees on trading options. IQ Option has a commission fee of from 0.035%, Vanguard has a commission fee of $7+$1 per contract (first 25). The full online broker reviews contains more detailed information on the brokers’ commission fees.
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 Vanguard provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading. Concerning the platforms, IQ Option uses Web Platform, Android App, iOS App, while Vanguard uses Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. IQ Option was established in 2013 in Seychelles, and it is regulated by Not Regulated. And Vanguard was established in 1975 in USA, and it is regulated by Various local Jurisdictions. We can withdraw funds from IQ Option with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And Vanguard provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $10. The withdrawal time for IQ Option is within 1 business day, and that one for Vanguard is 3 Business days.
As a result, the rating of IQ Option is 3.9 stars versus that of Vanguard of 3.9 stars.