Comparison IQ Option vs XTB
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare IQ Option vs XTB. Which of them: IQ Option or XTB 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 XTB has a commission fee of from 0.3 pips. Now, let’s compare commission fees in Forex, the commission fee of IQ Option is from 0.03%, and the commission fee of XTB is from 0.1 pips. When analyzing commission fees in CFD: IQ Option provides from 0.16%, and XTB provides 0.08% minimum $8.00 USD. For a more complete picture, let’s consider trading in the metal market, where IQ Option and XTB have commission fees of from 0.093% and from 0.3 pips, 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 XTB provides customers with Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading. As for platforms, IQ Option offers Web Platform, Android App, iOS App, while XTB offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, 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 XTB was established in 2002 in United Kingdom, and it is regulated by FCA, IFSC, KNF, CNMV and CMB. We can withdraw funds from IQ Option with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And XTB provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is free. The withdrawal time for IQ Option is within 1 business day, and that one for XTB is n/A.
Overall, IQ Option boasts 3.9 stars versus XTB 4.3 stars.