This comparison overview assists customers that battle to pick in between Alpari and IQ Option to find the best online broker for their trading and financial investment demands. It assesses the main features of the two brokers side-by-side to help users contrast their solution and make an informed decision.
To aid users choose the right broker between Alpari and IQ Option to find the best-suited system, listed below is a list of broker’s advantages and disadvantages, adhered to by a contrast of their primary trading features, consisting of trading systems & tools, fees, mobile trading, deposit & withdrawal, properties, regulation, and consumer support.
Alpari vs. IQ Option: Summary
Alpari is a financial brokerage company founded in 1998. The broker is not regulated, and is therefore not considered safe. Users have access to multiple assets including stocks (600 US stock CFDs), forex (46 + forex pairs), commodities and indices.
Alpari’s trading platform has over 60,000 users and is compatible with MetaTrader 4 and 5.
Alpari offers commission-free CFD trading and charges forex spreads from 1,2 pips EUR/USD. Traders can receive up to 20% cashback on paid spreads and commissions through Alpari’s loyalty program.
Alpari’s customer support is available by email (support@alpari.com), phone (+442 080 896 850), and via live chat in Arabic and English.
IQ Option is a well established online broker great for users looking to trade forex, options and CFDs on a intuitive trading platform. Their well rounded offer consists of low spreads, a sophisticated trading platform, free demo account option, and responsive customer support in English language. They offer islamic accounts and copy trading in Arabic language which allows you to copy portfolios from seasoned investors and traders.
IQ Option is a trustworthy and reliable market maker broker and subject to the highest standards of regulation in the industry. Options trading is no longer available.
“RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK”
General Risk Warning: “The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose”
Pros
- Access to over 600 US stock CFDs and 46 forex pairs
- Commission-free CFD trading
- MetaTrader 4 and 5 compatibility
- Low (floating) spreads from 1,2 pips (EUR/USD)
- PAMM account availability
Cons
- Has a history of insolvency
- No valid trading licence
Pros
- Multi-chart platform layout with technical analysis
- Fast trade execution
- 24/7 customer support in Arabic and English
- Free demo account with $10.000 virtual money
- Leverage of up to 1:1000
Cons
- Trading fees are above industry average
- Inactivity fee $10/90days
Key features
- Zero commission CFD trading
- Low minimum deposit ($100)
- Access to PAMM services
- Support for MetaTrader 4 & 5
- High-quality market analysis and research
- Over 600 CFDs and 46 forex pairs
Key features
- Access to a wide variety of markets
- Great research and education tools
- User friendly platform
- $10 minimum deposit and $1 minimum trade requirement
- Access to 3000+ tradable symbols
Alpari vs. IQ Option Comparison
Select up to 3 Brokers
Alpari
IQ Option
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1000:1 | 500:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0-2% | 0 (*currency conversion fee might apply) |
| Deposit Fee | 0 | |
| Inactivity Fee | $5 after 6 months | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 10 EUR |
| Forex (EUR/USD) | 0.4 | 4.7pip |
| Stocks & ETF | 0 | 0.48pip |
| CFD (Gold) | 3.3 | 4.8pip |
| Crypto | 0 | 127.14pip |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $5.00 | $10 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | Over 180 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 19 |
| Commodities | 0 | 9 |
| Indices | 0 | 9 |
| Options | 0 | Over 40 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 61 | Over 30 |
| CFD Indices & Funds | 20 | Over 20 |
| CFD Stocks | 600 | OVer 180 |
| CFD Commodities | 8 | 9 |
| CFD Crypto | 0 | 19 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Alpari vs. IQ Option Comparison Conclusion
The results of our comparison of Alpari vs. IQ Option are involved the table below.
| Broker: | Best For: |
| Alpari | Trading with multiple assets and PAMM investment services |
| IQ Option | Traders at all levels, from beginner to advanced |
Picking the appropriate selection in between Alpari and IQ Option can be difficult. Both on the internet brokers have resemblances but differ regarding trading instruments, systems & applications, regulation, down payment & withdrawals, and research study and education and learning. Choosing the most effective broker depends upon users’ trading & investment objectives, individual preferences, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.