You’re here because you want the lowdown on EasyMarkets vs IQ Option, right? ๐ต๏ธโโ๏ธ Well, strap in, because we’re about to dive deep into the world of tradingโwhere the wild swings of the market are just business as usual. ๐น And the winner is… both have their unique strengths and weaknesses, depending on the user’s needs and priorities.
Key Takeaways
โEasyMarkets offers greater variety in tradable assets |
โIQ Option excels with its easy-to-use interface |
โBoth platforms follow strict regulatory practices ensuring trader’s safety |
Table of content
- EasyMarkets vs IQ Option: The Blow-by-Blow Account
- Round 1: Tradable Assets (Or, the Smorgasbord of Opportunities) ๐ฑ
- Round 2: User Experience (UX is the New Black) ๐
- Round 3: Regulation (The Men in Black Suits) ๐ด๏ธ
- Robot Judges: Pros and Cons
- EasyMarkets
- IQ Option
- Round 4: The Versatility of Trading Platforms (A Shapeshifter’s Ball) ๐ฉ
- Round 5: Education Resources (Every Day’s a School Day) ๐
- Round 6: Withdrawal Options (Cash Out or Bust) ๐ธ
- Round 7: Customer Support (Your Personal Cheerleaders) ๐ฃ
- Final Verdict: There is No One Size Fits All
- Frequently Asked Questions (We Heard You!) ๐ข
- 1. Which trading platform is better for beginners, EasyMarkets or IQ Option? ๐
- 2. Can I trade cryptocurrencies on both platforms? ๐ช
- 3. What is the minimum deposit for both platforms? ๐ฐ
- 4. Are EasyMarkets and IQ Option accessible globally? ๐
- 5. How can I withdraw my earnings from these trading platforms? ๐ธ
- 6. Do both platforms offer mobile trading options? ๐ฑ
- Disclaimer And General Risk Warning:
- Author & Expert Trader - Financial Analyst:
By Bart Bregman
Fact checked: by Shrijan Dangol
Our broker rankings are based on thorough research and analysis. We put a strong emphasis on transparency, regulatory oversight, and client feedback.
โคLearn more about how we rank brokers
โคFor Reporting: Feature Requests, Missing or outdated data.
(Data
last updated:
14-09-2023)
๐ขCompany Background:
Data | EasyMarkets | IQ Option |
---|---|---|
Regulatory Compliance? | Yes | Yes |
Publicly traded company? | No | Yes (part of flatexDEGIRO) |
Does it offer banking services? | No | Yes (UK) |
Year Founded | 2001 | 2013 |
Country headquarters | Cyprus | Cyprus |
Website Language Options | en, ar, es, pol, chi | EN, DE, FR, IT, ES, NL, PT, PL, CZ, BG, RU, TR, UA |
Separate Client Funds? | Yes | Yes |
Non-ESMA Branches Available? | Yes | Yes |
EU Clients Accepted? | Yes | Yes |
US Clients Accepted? | No | No |
Canadian Clients Accepted? | Yes | No |
โค Elite Signals | Stock, Crypto, & Forex
Type of assets offered:
Data | EasyMarkets | IQ Option |
---|---|---|
Forex (e.g. USDJPY or EURGBP) | Yes | No |
Options and futures (S&P500 Futures or Crude Oil Futures) | No | No |
Funds Van(ARK invest or BlackRock Equity Dividend) | No | No |
CFDs (Google Share in CFD form) | Yes | No |
Cryptos (BTC or ETH) | Yes | No |
Stocks and ETFs (TESL or AAPL) | Yes | No |
Commodities (Gold or Silver market) | Yes | Yes |
Beginner-friendly (demo-account access) | Yes | Yes |
Advanced /pro (High-frequency trading, algorithmic trading) | Yes, MT4/MT5 for Algo trading No API for HFT | No |
Binary option (note this is non-regulated trading, considers EXTREME risk) |
๐๏ธTier 1 Regulatory Bodies:
Data | EasyMarkets | IQ Option |
---|---|---|
FSA (Financial Services Authority) | (Body replaced by(FCA) in 2013) | (Body replaced by(FCA) in 2013) |
FCA (Financial Conduct Authority) | No | No |
MAS (Monetary Authority of Singapore) | No | No |
FINMA (Swiss Financial Market Supervisory Authority) | No | No |
CFTC (Commodity Futures Trading Commission) | No | No |
MIFID-ESMA (Markets in Financial Instruments Directive) | Yes | Yes |
ASIC (Australian Securities and Investments Commission) | Yes | No |
IIROC (Investment Industry Regulatory Organization of Canada) | No | No |
SFC (Securities and Futures Commission) | No | No |
๐๏ธTier 2 Regulatory Authorities:
Data | EasyMarkets | IQ Option |
---|---|---|
FMA (Financial Markets Authority) | No | No |
CBR (Central Bank of Russia) | No | No |
FSCA (Financial Sector Conduct Authority) | No | No |
SEC (Securities and Exchange Commission) | No | No |
DFSA (Dubai Financial Services Authority) | No | No |
CBRC (China Banking Regulatory Commission) | No | No |
CySEC (Cyprus Securities and Exchange Commission) | Yes | Yes |
ISA (Israel Securities Authority) | No | No |
๐๏ธTier 3 Regulatory Oversight:
Data | EasyMarkets | IQ Option |
---|---|---|
Offshore Regulators | No | Yes |
MMA (Maldives Monetary Authority) | No | No |
EDR (External Dispute Resolution) | No | Yes |
FSA (Seychelles Financial Services Authority) | No | Yes |
SCB (Securities Commission of The Bahamas) | No | Yes |
FSC (Financial Services Commission, Mauritius) | No | No |
VFSC (Vanuatu Financial Services Commission) | No | Yes |
IFSC (International Financial Services Commission, Belize) | No | No |
CIMA (Cayman Islands Monetary Authority) | No | No |
SVG (St. Vincent & Grenadines Financial Services Authority) | No | No |
FSRC (Financial Services Regulatory Commission, St. Kitts & Nevis) | No | No |
BMA (Bermuda Monetary Authority) | No | No |
BVI (British Virgin Islands Financial Services Commission) | No | No |
Max Leverage Options:
Data | EasyMarkets | IQ Option |
---|---|---|
Leverage for Non-EU Clients | 200:1 | 1/500 |
European Leverage Limits | 30:1 | 30:1 |
Leverage in Australia | 200:1 | N/A |
US Leverage Restrictions | 0 | 1/500 |
Canadian Leverage Rules | 200:1 | No |
๐Account Offerings:
Data | EasyMarkets | IQ Option |
---|---|---|
Demo Account Access | Yes | Yes |
Expiration of Demo Accounts | Yes | Yes |
Account Currency Choices | EUR, USD | EUR, USD, GBP, AUD, CAD, NZD, CHF, JPY |
Standard Accounts | Yes | Yes |
Micro-lots Accounts | Yes | Yes |
Low-cost Account (nano lots) | Yes | Yes, $10 |
Variable Spread Accounts | No | Yes |
Fixed Spread Accounts | Yes | Yes |
Zero Spread Accounts | No | Yes |
ECN Accounts | No | Yes |
Swap-Free Accounts | Yes | No |
Islamic Accounts | Yes | No |
Professional Trading Accounts | Yes | No |
Active Trader Rewards Program | Yes | Yes |
๐ฐDeposits and Withdrawals:
Data | EasyMarkets | IQ Option |
---|---|---|
Minimum Deposit Requirements | No | Yes, $10 |
Minimum Withdrawal Limits | No | Yes, $20 |
Credit Card Options | Yes | Visa, Mastercard, Maestro |
Bank Transfer Availability | No | yes |
PayPal Support | No | Yes |
Neteller Integration | Yes | Yes |
Skrill Compatibility | Yes | Yes |
Additional Payment Methods | Credit Card, Neteller, Skrill | Bank transfer, credit/debit card, PayPal, Skrill, Neteller, Sofort, iDeal, Giropay, EPS, Bancontact, Przelewy24, WebMoney, Qiwi, China UnionPay, cryptocurrencies |
Deposit Processing Time | instant | Instant |
Withdrawal Processing Time | 1-5 business days | Yes |
Fees and Charges:
Data | EasyMarkets | IQ Option |
---|---|---|
Deposit-related Fees | No | Yes |
Commissions on Withdrawals | No | Yes |
Overnight/Swap Charges | Yes | Yes |
Account Inactivity Fees | No | Yes |
Currency Conversion Costs | No | Yes |
Are bonus Programs Available? | Yes | Yes |
Security Protocols and Measures:
Data | EasyMarkets | IQ Option |
---|---|---|
(2FA) available? | Yes | Yes |
(SSL) security? | Yes | Yes |
(AML) Policy Compliance | Yes | Yes |
Know Your Customer (KYC) | Yes | Yes |
๐Brand Influence:
Data | EasyMarkets | IQ Option |
---|---|---|
Twitter Follower Counts | 20.9K | 77.5K |
๐นForex Fixed Spreads:
Data | EasyMarkets | IQ Option |
---|---|---|
EUR/GBP Spread Range | 1.5 | No |
EUR/USD Spread Range | 1 | No |
USD/JPY Spread Range | 2 | Yes |
GBP/USD Spread Range | 1.7 | No |
USD/CHF Spread Range | 2 | Yes |
AUD/USD Spread Range | 1.2 | No |
USD/CAD Spread Range | 2 | Yes |
NZD/USD Spread Range | 2.3 | No |
Trade Execution Methods:
Data | EasyMarkets | IQ Option |
---|---|---|
Direct Market Access (DMA) | No | Yes |
Straight Through Processing (STP) | No | Yes |
Electronic Communication Network (ECN) Execution | No | No |
Market Maker Model | Yes | Yes |
Non-Dealing Desk (NDD) Approach | No | Yes |
First In, First Out (FIFO) Rule Application | No | Yes |
4-Digit Decimal Pricing | Yes | Yes |
5-Digit Decimal Pricing | Yes | Yes |
Order Types & Tools:
Data | EasyMarkets | IQ Option |
---|---|---|
Stop Loss Orders | Yes | Yes |
Take Profit Orders | Yes | Yes |
Limit Orders | Yes | Yes |
Fill or Kill (FOK) Orders | Yes | No |
Trailing Stop Orders | Yes | Yes |
Margin Call Alerts | Yes | Yes |
One Cancels Other (OCO) Orders | No | Yes |
Guaranteed Stop Loss Orders | No | Yes |
Negative Balance Protection Measures | Yes | Yes |
Minimum Trade Sizes | 0.001 lots | Yes |
Maximum Trade Sizes | 100 lots | Yes |
Available Asset Classes:
Data | EasyMarkets | IQ Option |
---|---|---|
Forex Currency Pairs | 135 | Yes |
Cryptocurrencies | 135 | Yes |
Commodities | 32 | Yes |
Equities | - | Yes |
Market Indices | 15 | Yes |
Exchange-Traded Funds (ETFs) | No | No |
Futures Contracts | No | No |
Options Contracts | 30 | Yes |
Bonds | No | No |
Metals | 20 | Yes |
Agricultural Products | 7 | No |
Energy Resources | 5 | Yes |
Interest Rates | No | No |
Penny Stocks | No | Yes |
Initial Public Offerings (IPOs) | No | No |
Asset Blends | No | Yes |
Dow Jones Index | No | Yes |
FTSE 100 Index | Yes | Yes |
DAX Index | Yes | Yes |
Nikkei 225 Index | Yes | Yes |
Gold Market Trading | Yes | Yes |
Special Account Features:
Data | EasyMarkets | IQ Option |
---|---|---|
Multi-Account Manager (MAM) | No | Yes |
Percentage Allocation Money Management (PAMM) | No | Yes |
Social Trading Integration | No | Yes |
Copy Trading Support | No | Yes |
Lot Allocation Money Management (LAMM) | No | Yes |
Supported Trading Techniques:
Data | EasyMarkets | IQ Option |
---|---|---|
Scalping Strategies | Yes | Yes |
Hedging Techniques | Yes | Yes |
Spread Betting Opportunities | No | No |
Automated Expert Advisor (EA) Integration | Yes | Yes |
Virtual Private Server (VPS) Options | No | Yes |
Application Programming Interface (API) Support | Yes | Yes |
Trading Tools and Features:
Data | EasyMarkets | IQ Option |
---|---|---|
One-Click Trade Execution | Yes | Yes |
Signal Trading Availability | No | Yes |
Price Alert Notifications | Yes | Yes |
Number of Chart Indicators Offered | 51 | Yes |
Number of Chart Drawing Tools Provided | 31 | Yes |
Direct Trading From Charts | Yes | Yes |
Customizable Watchlist | Yes | Yes |
Mobile Trading Compatibility:
Data | EasyMarkets | IQ Option |
---|---|---|
Android App | Yes | Yes |
iOS App | Yes | Yes |
Windows Mobile App | Yes | Yes |
Mobile Trading Signal Integration | Yes | Yes |
App for Smartwatches | No | Yes |
Forex Mobile Trading | Yes | Yes |
CFD Mobile Trading | Yes | Yes |
Alert Notifications on Mobile Devices | Yes | Yes |
Mobile Charting and Drawing Tools | Yes | Yes |
Languages Supported on Mobile App | en, ar, es, pol, chi | English, French, German, Spanish, Italian, Portuguese, Russian, Arabic, Turkish, Polish, Czech, Hungarian, Slovenian, Bulgarian, Romanian, Greek, Danish, Norwegian, Swedish, Finnish |
Watchlist Feature on Mobile App | Yes | Yes |
Commodity Offerings:
Data | EasyMarkets | IQ Option |
---|---|---|
Crude Oil Trading | 3 | Yes |
Natural Gas Trading | 50 | No |
Silver Markets | 300 | Yes |
Platinum Trading | 250 | Yes |
Copper Trading | 40 | Yes |
Soybean Contracts | 100 | No |
Corn Markets | 180 | Yes |
Gold Markets | 35 | Yes |
Lithium Markets | Yes | Yes |
Stock Trading Fees:
Data | EasyMarkets | IQ Option |
---|---|---|
Apple Shares | $0-$2.50 | $0-$1 |
Amazon (AMZN) Shares | $0-$2.50 | $0-$1 |
Invidia Shares | $0-$2.50 | $0-$1 |
META Shares | $0-$2.50 | $0-$1 |
Ford Motor Co Shares | $0-$2.50 | $0-$1 |
Alphabet (GOOGL) Shares | $0-$2.50 | $0-$1 |
BP Shares | $0-$2.50 | $0-$1 |
Tesco Shares | $0-$2.50 | $0-$1 |
Barclays Shares | $0-$2.50 | $0-$1 |
Lloyds Shares | $0-$2.50 | $0-$1 |
Adobe (ADBE) Shares | $0-$2.50 | $0-$1 |
Microsoft (MSFT) Shares | $0-$2.50 | $0-$1 |
Nvidia (NVDA) Shares | $0-$2.50 | $0-$1 |
Index Trading Fees:
Data | EasyMarkets | IQ Option |
---|---|---|
FTSE 100 Fee Structure | 2.2 | Yes, 0.07% per trade |
S&P 500 Fee Structure | 0.5 | Yes |
Dow Jones Fee Structure | 3 | Yes |
Nasdaq Fee Structure | 1.5 | Yes |
CAC 40 Fee Structure | 1.5 | Yes |
DAX 30 Fee Structure | 1.8 | Yes |
Nikkei 225 Fee Structure | 10 | Yes |
Euro Stoxx 50 Fee Structure | 2 | Yes |
Cryptocurrency Trading Fees: Maker-Taker-Spread
Data | EasyMarkets | IQ Option |
---|---|---|
Bitcoin Fees | 0.10%, 0.10%, Up to 3.5% | (binary option) |
Ethereum Fees | 0.10%, 0.10%, Up to 3.5% | (binary option) |
Ripple Fees | 0.10%, 0.10%, Up to 3.5% | (binary option) |
Binance Coin Fees | 0.10%, 0.10%, Up to 3.5% | (binary option) |
Cardano Fees | 0.10%, 0.10%, Up to 3.5% | (binary option) |
Solana Fees | 0.10%, 0.10%, Up to 3.5% | (binary option) |
Polygon Fees | 0.10%, 0.10%, Up to 3.5% | (binary option) |
Dogecoin Fees | 0.10%, 0.10%, Up to 3.5% | (binary option) |
Chainlink (LINK) Fees | 0.10%, 0.10%, Up to 3.5% | (binary option) |
Polkadot (DOT) | 0.10%, 0.10%, Up to 3.5% | (binary option) |
Avalanche (AVAX) | 0.10%, 0.10%, Up to 3.5% | (binary option) |
Available Trading Platforms:
Data | EasyMarkets | IQ Option |
---|---|---|
cTrader Desktop App | No | Yes |
cTrader Web Interface | No | Yes |
Mirror Trader Platform | No | Yes |
ZuluTrade Integration | No | Yes |
MT4 Desktop Interface | No | Yes |
MT4 Web Platform | No | Yes |
MT5 Desktop App | No | Yes |
MT5 Web Interface | No | Yes |
Tradingview | No | No |
Proprietary Desktop Software | No | Yes |
Proprietary Web-based Platform | Yes | Yes |
Mac-Compatible Platform Options | No | Yes |
Sirix Trading Platform | No | Yes |
Education Resources:
Data | EasyMarkets | IQ Option |
---|---|---|
Education Offerings | Yes | Yes |
Webinar Offerings | No | Yes |
Platform Tutorial Videos | Yes | Yes |
Beginner-Level Trading Videos | No | Yes |
Expert-Level Trading Videos | No | Yes |
Tutorial guides | Yes | Yes |
Terminology Glossary | Yes | Yes |
Customer Support Options:
Data | EasyMarkets | IQ Option |
---|---|---|
Callback Request Feature | No | Yes |
Email Support Availability | Yes | Yes |
Telephone Support | Yes | Yes |
Live Chat support | Yes | Yes |
Offered Support Languages | en, ar, es, pol, chi | Yes |
Research-Tools:
Data | EasyMarkets | IQ Option |
---|---|---|
In-Depth Professional Reports | Yes | Yes |
Social Trading Features - Social Newsfeeds | Yes | Yes |
Economic Event Calendar | No | Yes |
Daily Email With Trading Ideas | Yes | Yes |
Analysis From Trading Central (Recognia) | Yes | Yes |
Analysis From Delkos Research | No | Yes |
AutoChartist Tool | No | Yes |
Trader Sentiment Metrics | Yes | Yes |
Twitter-Based News Updates | Yes | Yes |
Facebook-Based News Updates | Yes | Yes |
Daily Market Commentary | Yes | Yes |
EasyMarkets vs IQ Option: The Blow-by-Blow Account
Round 1: Tradable Assets (Or, the Smorgasbord of Opportunities) ๐ฑ
When it comes to diversity in tradable assets, EasyMarkets feels like walking into a confectionery storeโso many options! ๐ญ This platform offers a wide range of choices from forex to commodities.
IQ Option, on the other hand, might not have the same grandeur of options but they do a great job with the limited array of assets they present, especially in cryptocurrency market. ๐
Round 2: User Experience (UX is the New Black) ๐
While EasyMarkets handles an expansive range of tradable assets, IQ Option shines where UX is paramount. The platform is intuitive and a haven for new traders. It provides easy navigation, sleek buttons, and plenty of hand-holding for beginners. ๐ถ
EasyMarkets isnโt far behind, with a relatively easy-to-use interface. Although some might argue that IQ Option plays this card slightly better.
Round 3: Regulation (The Men in Black Suits) ๐ด๏ธ
Love them or loathe them, regulatory practices ensure trader safety. Both EasyMarkets and IQ Option buckle up for this ride. They adhere to the strict regulatory requirements of necessary authorities. This provides a badge of credibility and allows users to trade with confidence. ๐ก๏ธ
Robot Judges: Pros and Cons
EasyMarkets
Pros | Cons |
---|---|
Varied tradable assets | Slightly complex user interface |
Strong regulatory framework | Fewer educational resources |
IQ Option
Pros | Cons |
---|---|
User-friendly interface | Less variety of tradable assets |
Strong regulatory framework | Fewer withdrawal options |
Round 4: The Versatility of Trading Platforms (A Shapeshifter’s Ball) ๐ฉ
In the modern trading world, adaptability is key. ๐ก EasyMarkets comes up trumps here. Their platform is available on the web, as a desktop app, and even on mobileโoffering traders maximum flexibility. You can trade from your office, your home, or even while on a rollercoaster. Well, as long as you don’t drop your phone. ๐
IQ Option, not one to be left in the dust, also presents a multi-platform trading environment. The platform is also accessible via web, desktop, and mobile, ensuring that traders can access their accounts from virtually anywhere in the world. Talk about taking a business meeting while chilling on a beach! ๐๏ธ
Round 5: Education Resources (Every Day’s a School Day) ๐
Knowledge, they say, is power. In the realm of trading, itโs the key to making sound investment decisions. IQ Option has a robust library of educational resourcesโtutorials, guides, webinars. It’s like Hogwarts, but for traders. ๐งโโ๏ธ
On the other hand, EasyMarkets tends to be somewhat modest in offering these resources. But hey! They still got some handy guides and tutorial videos that can help the beginners get their toes wet in the world of trading. After all, the journey of a thousand miles begins with a single step. ๐ฃ
Round 6: Withdrawal Options (Cash Out or Bust) ๐ธ
Letโs not forget the endgame hereโthe moolah! ๐ต And for when you need to cash out those delightful profits, EasyMarkets is a swift and trustworthy ally. The platform enables easy withdrawals, ensuring that your hard-earned cash reaches you with minimal fuss. The real trick here is to avoid spending it all at once. ๐๏ธ
IQ Option does offer withdrawal options, but the avenue can be somewhat limited compared to those provided by EasyMarkets. But, remember, gaining profits is great; spending them wisely is greater. ๐ฏ
Round 7: Customer Support (Your Personal Cheerleaders) ๐ฃ
Lastly, when it comes to customer support, both platforms offer sterling service. EasyMarkets and IQ Option offer a responsive customer service team that’s there to support when you need it the most. After all, customer support teams are like the best nutritionists; they help to iron out the wrinkles so you can make your trading as healthy as possible. ๐ฅ Cheers to good trading health!
Final Verdict: There is No One Size Fits All
After going good rounds, it’s clear the EasyMarkets vs IQ Option battle has no overall winner. Both platforms demonstrate their strengths in different areas. Choosing the right platform truly comes down to a trader’s individual needs and dealing preferences. To quote an old adage, “Beauty is in the eye of the beholder.” ๐ผ๏ธ The choice is yours, trader!
Frequently Asked Questions (We Heard You!) ๐ข
1. Which trading platform is better for beginners, EasyMarkets or IQ Option? ๐
Both platforms are tailored to offer a positive experience to beginners. However, the edge might fall with IQ Option here. It has an incredibly intuitive interface and robust educational resources that serve as a great launchpad for new traders. ๐๐งโ๐
2. Can I trade cryptocurrencies on both platforms? ๐ช
Yes, you can! EasyMarkets and IQ Option both serve up numerous cryptocurrencies for the blockchain enthusiasts out there. IQ Option comes across as a little more crypto-oriented than EasyMarkets. Nevertheless, either platform will let you hodl or trade, as you prefer. ๐๐ซ
3. What is the minimum deposit for both platforms? ๐ฐ
EasyMarkets sets the bar at $100 for opening a trading account. IQ Option, aiming to be more accessible to everyone, lowers this requirement to a humble $10. Whether you’re a big fish or a small fry, there’s room for you in these waters. ๐ ๐
4. Are EasyMarkets and IQ Option accessible globally? ๐
Both platforms boast an extensive global reach, offering services to traders around the world. However, it’s worth noting that there might still be some regions which these platforms cannot cater to due to local regulations. So, always check local laws before signing up. ๐๐ต๏ธโโ๏ธ
5. How can I withdraw my earnings from these trading platforms? ๐ธ
EasyMarkets offers various options like credit cards, bank transfers, and digital wallets for withdrawals. IQ Option also provides multiple withdrawal methods, though the choices can be slightly more restricted compared to EasyMarkets. Whichever platform you opt for, make sure to verify your preferred withdrawal method is supported. ๐ง๐ผ
6. Do both platforms offer mobile trading options? ๐ฑ
Yes, indeed! Both EasyMarkets and IQ Option understand that trading doesn’t solely occur behind a desk. Both platforms provide intuitive mobile trading applications allowing you to trade on the go. Whether you’re on a train, at a cafรฉ, or chilling on a beach, you can always stay connected with the market. ๐โ๐๏ธ
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