IQ Option vs. TastyTrade Comparison

This contrast guide helps individuals who struggle to pick between IQ Option and TastyTrade to find the most effective online broker for their trading and investment requirements. It assesses the highlights of the two brokers alongside to help users contrast their solution and make an informed choice.

To assist customers select the ideal broker in between IQ Option and TastyTrade to discover the best-suited system, listed below is a listing of broker’s pros and cons, adhered to by a contrast of their primary trading attributes, including trading platforms & devices, fees, mobile trading, down payment & withdrawal, assets, law, and client assistance.

IQ Option vs. TastyTrade: Summary

IQ Option logo

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”

tastytrade-logo

TastyTrade (previously TastyWorks) is a US based stock and options broker. It is regulated by two tier-one regulators (FINRA and SEC) and is therefore considered safe. The broker offers access to a wide range of options, futures and stocks.

TastyTrade’s platform offers various trading tools and features, intuitive charting apps and the TastyTrade content network. These features make tastytrade a great fit for experienced and active traders focusing on trading with futures and options. Although TastyTrade offers great educational materials and research tools, the platform can be overwhelming for beginners.

The minimum deposit at TastyTrade is $0. Customer support is responsive and well educated.

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

Pros

  • Low minimum deposit ($0)
  • Wide range of futures and options
  • Low, variable, and capped trading fees
  • Broad range of tools for advanced options and futures traders
  • Great research and educational materials

Cons

  • No fractional shares available
  • Limited instruments compared to other brokers
  • High margin rates required

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

Key features

  • Access to thousands of stocks, ETFs, futures, options on futures, commodities, and cryptocurrencies
  • Advanced trading tools and dynamic charting features (custom indicators, watch lists, and curve analysis)
  • Multiple advanced order types available (good until canceled and good until date)
  • Free monthly portfolio analysis
  • Support for Expert Advisors and other automated trading software

IQ Option vs. TastyTrade Comparison

Select up to 3 Brokers

24Option
ActivTrades
Admiral Markets
ADSS
Ally Invest
Alpaca Markets
Alpari
Alvexo
Amana Capital
AMP Futures
AMP Global
ARMO Broker
AVAtrade
Axi
Axiory
Ayrex
Binary.com
BinaryCent
Binomo
BlackBull Markets
Brokerpoint
Capex (Ex. CFD Global)
Capital.com
Capitalize.ai
Captrader
Charles Schwab
ChoiceTrade
City Index
CMC Markets
Comdirect
Davy Select
Degiro
Dukascopy
E-Trade
EasyEquities
Eightcap
eOption
eToro
ETX Capital
ExpertOption
FBS
Fidelity
FinmaxFX
Finq.com
Firstrade
Flatex
Forex.com
FP Markets
Fusion Markets
FX Trading
FXCM
FXPro
FXTM
GoMarkets
HF Markets
HYCM
IC Markets
IG Trading
Interactive Brokers
Internaxx
IQ Option
IQCent
IronFX
Libertex Review March 2024
Lightspeed
LiteFinance
Magnifi
Markets.com
Merrill Edge
MEXEM
Moneta Markets
Multibank
Naga
Next Markets
Ninja Trader
Oanda
OctaFX
Olymp Trade
OneRoyal
Optimus Futures
OptionRobot.com
Passfolio
Pepperstone
Plus500
Pocket Option
Questrade
RaceOption
Rakuten Securities
Revolut
Robinhood
RoboForex
Sarwa
Saxo Bank
Skilling
SogoTrade
Spreadex
Swissquote
Tastytrade
TD Ameritrade
ThinkMarkets
Tickmill
TMGM
Toroption
Trade Ideas
Trade Nation
TradeStation
Trading212
TrendSpider
Vantage
Vestinda
VT Markets
Webull
XM
XTB
Zacks Trade
Zerodha
Compare brokers
IQ option

IQ Option

Open account Read review

“RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK”

BROKER COMPARISON

IQ option
tastytrade-logo

Overall rating

2,8/5

4,1/5

Overall rating

2,8/5

4,1/5

Trading Platform & Tools

3.1

4.1

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 5:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.3

4.2

See details
Withdrawal Fee 0 (*currency conversion fee might apply) 0
Deposit Fee 0
Inactivity Fee 0
Cost Per Trade 0 0
Cost Per Month 10 EUR 0
Forex (EUR/USD) 4.7pip 0
Stocks & ETF 0.48pip 0
CFD (Gold) 4.8pip 0
Crypto 127.14pip 1% open 1% close (max $10 each way)
Options 0 $1 per contract
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees 0

Mobile Trading

3.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.8

3.0

See details
Minimum deposit (in UAE) $10 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.0

4.0

See details
Shares Over 180 2400
ETF & Funds 0 0
Crypto 19 25
Commodities 9 0
Indices 9 7
Options Over 40 0
Futures 0 83
Bonds 0 0
Forex Instruments Over 30 0
CFD Indices & Funds Over 20 0
CFD Stocks OVer 180 0
CFD Commodities 9 0
CFD Crypto 19 0
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

1.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

1.4

3.5

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

4.0

See details
Email
Phone
Live Chat
24/7 support
Multilingual Spanish
Personal Account Manager

Winner

IQ Option vs. TastyTrade Comparison Conclusion

The results of our contrast of IQ Option vs. TastyTrade are wrapped up in the table below.

Broker:Best For:
IQ OptionForex and CFD trading
TastyTradeOptions Trading

Selecting the ideal choice between IQ Option and TastyTrade can be challenging. Both on-line brokers have resemblances but vary relating to trading tools, platforms & apps, law, deposit & withdrawals, and study and education. Choosing the most effective broker depends upon customers’ trading & financial investment objectives, individual choices, 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.

This site is registered on wpml.org as a development site.