This comparison overview assists customers that struggle to select between IQ Option and Vantage to locate the very best online broker for their trading and investment needs. It examines the highlights of both brokers alongside to aid individuals compare their solution and make an informed decision.
To help customers choose the right broker between IQ Option and Vantage to locate the best-suited platform, below is a list of broker’s pros and cons, complied with by a comparison of their main trading attributes, including trading platforms & tools, costs, mobile trading, deposit & withdrawal, possessions, policy, and client support.
IQ Option vs. Vantage: 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”
Vantage is a forex and CFD broker founded in 2009. It is regulated by two tier-one regulators (the ASIC and the FCA) and therefore considered safe. The broker offers access to 1,000 tradable instruments across various markets including CFD’s on stocks, commodities, and ETFs.
Vantage is a MetaTrader broker offering access to the MT4 and MT5 platforms as web and desktop versions. Both platforms allow a variety of add-ons including Smart Trader and TradingView. Apart from these add-ons Vantage offers access to a free VPS server, a forex sentiment indicator and research tools like Market Buzz, Featured Ideas, and Analyst Views.
Vantage trading fees are industry average. They charge a spread of 1.2 pips (EUR/USD) on the standard account and 0.15 pips (EUR/USD) plus $3 commission on the raw spread account.
Vantage’s customer service is available by email, phone, and live chat in English and Arabic.
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 ($50)
- True ECN/STP broker
- High leverage up to 1:500
- Free VPS and paper trading account
- MT4/MT5 add-ons and broad range of research tools
- Wide range of social/copy trading platforms
Cons
- Limited to CFD and forex trading
- No proprietary platform
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 1,000 tradable symbols
- Various social trading platforms and addons (ZuluTrade, DupliTrade, and MyFXbook Autotrade)
- MT4, MT5, TradingView and Trading Central compatibility
- PRO ECN, RAW ECN, Islamic swap-free, and demo accounts
- Low, competitive spreads from 0.0 pips
IQ Option vs. Vantage Comparison
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IQ Option
Vantage
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 500:1 | 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 (*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 | 0.1 pips |
| Stocks & ETF | 0.48pip | 0.36 pips |
| CFD (Gold) | 4.8pip | 0.36 pips |
| Crypto | 127.14pip | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $10 | $200 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | Over 180 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 19 | 0 |
| Commodities | 9 | 0 |
| Indices | 9 | 0 |
| Options | Over 40 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | Over 30 | 44 |
| CFD Indices & Funds | Over 20 | 16 |
| CFD Stocks | OVer 180 | 226 |
| CFD Commodities | 9 | 19 |
| CFD Crypto | 19 | 34 |
| 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
IQ Option vs. Vantage Comparison Conclusion
The results of our contrast of IQ Option vs. Vantage are wrapped up in the table below.
| Broker: | Best For: |
| IQ Option | Forex and CFD trading |
| Vantage | Forex and CFD trading; Great MetaTrader Broker |
Picking the best selection between IQ Option and Vantage can be hard. Both on the internet brokers have resemblances however differ concerning trading tools, platforms & applications, policy, deposit & withdrawals, and research study and education and learning. Picking the very best broker depends upon users’ trading & financial 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.