This contrast overview assists users who struggle to pick in between IQ Option and TD Ameritrade to locate the best online broker for their trading and financial investment requirements. It evaluates the highlights of the two brokers side-by-side to assist individuals contrast their service and make a notified choice.
To assist users pick the appropriate broker between IQ Option and TD Ameritrade to discover the best-suited platform, below is a checklist of broker’s benefits and drawbacks, complied with by a contrast of their main trading features, consisting of trading platforms & tools, fees, mobile trading, down payment & withdrawal, possessions, law, and consumer assistance.
IQ Option vs. TD Ameritrade: Summary
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”
TD Ameritrade is a US based online stock broker founded in 1975. It is regulated by two of the most strict US regulators the SEC and FINRA. The broker offers access to a wide range of stocks and forex pairs and a handful of bonds, options, futures, crypto, and other financial instruments.
TD Ameritrade has a proprietary trading platform (thinkorswim) and two mobile trading apps. Both have an intuitive design and feature a great set of trading tools and features.
TD Ameritrade has low trading fees compared to other similar brokers like tastytrade, Robinhood and Fidelity. They charge 0% commission on stocks and ETFs, while futures trading comes with high fees. Forex, options and bonds are available at average fees.
TD Ameritrade’s customer support is available by phone and email from 8:30 AM to 5:30 PM ET, Monday – Friday.
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)
- Free stock and ETF trading
- Feature-rich desktop and web trading platform (thinkorswim)
- Advanced charting capabilities and real-time data
- Wide range of stocks and ETFs
- Excellent mobile trading apps for casual and active traders
Cons
- Mostly US markets and assets
- Only accept bank wire transfers
- Doesn’t offer fractional shares
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
- Wide range of US stocks and ETFs
- Vast selection of charting tools and indicators
- Daily market analysis in the form webinars, webcasts, and podcasts
- 0% commission stock and ETF trading
- Access to IPOs, annuities, fixed income products, and lending programs
IQ Option vs. TD Ameritrade Comparison
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IQ Option
TD Ameritrade
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 500:1 | 1:2 |
| 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 (*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 | 1.3 pips |
| Stocks & ETF | 0.48pip | $6.95 |
| CFD (Gold) | 4.8pip | 0 |
| Crypto | 127.14pip | 0 |
| Options | 0 | 0.65 per options contract fee |
| Conversion Fees | 0 | $75 transfer fee |
| Misc. Fees | 0 | 0 |
| Overnight Fees | 0 |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $10 | 0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | Over 180 | 3700 |
| ETF & Funds | 0 | 13000 |
| Crypto | 19 | 0 |
| Commodities | 9 | 10 |
| Indices | 9 | 12 |
| Options | Over 40 | 0 |
| Futures | 0 | 70 |
| Bonds | 0 | 40000 |
| Forex Instruments | Over 30 | 70 |
| 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 |
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 | English / Spanish | |
| Personal Account Manager |
Winner
IQ Option vs. TD Ameritrade Comparison Conclusion
The outcomes of our contrast of IQ Option vs. TD Ameritrade are wrapped up in the table below.
| Broker: | Best For: |
| IQ Option | Forex and CFD trading |
| TD Ameritrade | US Stocks and ETFs |
Picking the appropriate choice in between IQ Option and TD Ameritrade can be difficult. Both online brokers have similarities however vary pertaining to trading tools, platforms & apps, policy, deposit & withdrawals, and study and education and learning. Picking the best broker relies on customers’ trading & investment objectives, individual 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.