This contrast guide assists individuals that have a hard time to choose between FBS and IQ Option to find the most effective online broker for their trading and financial investment needs. It analyzes the main features of the two brokers side-by-side to help customers compare their service and make a notified decision.
To aid customers select the best broker in between FBS and IQ Option to find the best-suited system, below is a checklist of broker’s benefits and drawbacks, adhered to by a contrast of their primary trading features, including trading systems & tools, charges, mobile trading, deposit & withdrawal, possessions, guideline, and customer assistance.
FBS vs. IQ Option: Summary
FBS is a CFD broker founded in 2009. It is regulated by two tier-one regulators ( the CySec and ASIC) and is therefore considered trustworthy. FBS offers access to over 100 forex pairs and a handful of stocks, stock indexes, commodities and CFDs.
FBS charges low stock and stock index trading fees. The broker also doesn’t charge inactivity, deposit and withdrawal fees, which makes their overall costs low. FBS’s proprietary webtrader platform has an intuitive design and allows MetaTrader 4 and 5 integration. As a non-dealing desk (NDD) and STP broker, FBS guarantees fast and reliable order execution.
FBS’s customer support is available via email, phone, and WhatsApp 24/7.
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
- Low minimum deposit ($10)
- Low spreads from 0.8 pips EUR/USD
- Competitive stock trading fees
- Compatibility with MT4 and MT5
- Wide range of trading account types
Cons
- Comparing others relatively few trading instruments are offered
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
- Competitive overall fees
- Compatible with MetaTrader 4 and 5
- Access to 100+ forex pairs
- Up to 1:500 leverage for professional traders
- Standard, Cent, and Crypto accounts
- Free courses, webinars, lessons, and signals
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
FBS vs. IQ Option Comparison
Select up to 3 Brokers
FBS
IQ Option
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:3000 | 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 | 0 (*currency conversion fee might apply) |
| Deposit Fee | 0 | |
| Inactivity Fee | 0 | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 10 EUR |
| Forex (EUR/USD) | 0.5 pips | 4.7pip |
| Stocks & ETF | 2.32 pips | 0.48pip |
| CFD (Gold) | 2,32 pips | 4.8pip |
| Crypto | 32.55 pips | 127.14pip |
| Options | 0 | 0 |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100 | $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 | 44 | Over 30 |
| CFD Indices & Funds | 11 | Over 20 |
| CFD Stocks | 98 | OVer 180 |
| CFD Commodities | 6 | 9 |
| CFD Crypto | 30 | 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
FBS vs. IQ Option Comparison Conclusion
The outcomes of our contrast of FBS vs. IQ Option are involved the table listed below.
| Broker: | Best For: |
| FBS | Forex and CFD trading |
| IQ Option | Traders at all levels, from beginner to advanced |
Choosing the appropriate choice in between FBS and IQ Option can be hard. Both on-line brokers have resemblances yet vary concerning trading instruments, systems & applications, law, deposit & withdrawals, and research and education. Choosing the most effective broker relies on customers’ trading & financial investment objectives, private choices, and experience degree.
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.