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Account

IQ Option vs Expert Option. An even fight with only 1 winner

June 6, 202254Comments by Bart Bregman

Today we have a clash of two rivals IQ Option vs Expert Option. May the better one win! Expert Option and IQ Option are two of the most popular online trading platforms. Since their launch, both have managed to attract millions of users from across the globe. But if you're a new trader looking for a broker to invest with, which one would you choose?

iq option vs expert option
IQ Option vs Expert Option

Contents

  • 1 IQ Option vs Expert Option: key comparison criteria
    • 1.1 How long IQ Option vs Expert Option have been operational
    • 1.2 Regulators
    • 1.3 Active traders
    • 1.4 Account types
    • 1.5 Types of assets offered
    • 1.6 Returns on trades
    • 1.7 Payment methods accepted
    • 1.8 Deposits and withdrawals
    • 1.9 Accessibility
    • 1.10 Support
    • 1.11 Additional features
  • 2 Conclusion on IQ Option vs Expert Option fight

IQ Option vs Expert Option: key comparison criteria

This review will compare them side by side. In it, I'll cover the most important features to look for when searching for an online broker. These include the following:

  • How long the broker has been operational
  • The regulatory body monitoring the broker's activities
  • Active traders
  • Account types offered
  • Types of assets offered
  • Returns on trades (options)
  • Payment methods accepted
  • Deposits and withdrawals
  • Accessibility
  • Support
  • Additional features

Let's get started.

How long IQ Option vs Expert Option have been operational

Expert Option was launched in 2014. Expert Option has its offices in Saint Vincent and Grenadines. IQ Option on the other hand was launched in 2013 and has its offices located in Cyprus.

Regulators

Expert Option is regulated by Financial Markets Relations Regulation Center (FMRRC) in Russia. They're also regulated by the Vanuatu Financial Services Commission.

IQ Option on the other hand is regulated by CySEC.

regulators

Active traders

Since its inception, Expert Option has managed to attract over 11 million active traders and has over $30 million worth of transactions conducted each month. IQ Option on the other hand has over 23 million traders and has over $380 million worth of transactions per month.

Both platforms have attracted traders from different regions across the globe. Their clients primarily come from Latin America, Asia, Eastern Europe, the Middle East and Africa. Note that both brokers do not offer their services to residents and citizens of North America, Australia, New Zealand and other countries.

iq option - visitors by country

Expert Option - visitors by country

Account types

Expert Option has 5 different account types.

Their Basic account requires a minimum deposit of $50. With this account, you can invest a maximum of $25 per trade and have a maximum of 10 open trades at a time.

The Silver account requires a minimum deposit of $500. With this account, you can invest a maximum of $250 per trade and have a maximum of 15 open trades at a time. You'll also get a personal manager as well as daily market reviews and financial research.

The Gold account requires a minimum deposit of $2500. With this account, you can invest a maximum of $1000 per trade and have a maximum of 30 open trades at a time. You'll also get a personal manager, daily market reviews and financial research, priority withdrawal and up to 2% extra on profitable trades.

The Platinum account requires a minimum deposit of $5000. With this account, you can invest a maximum of $2000 per trade and have unlimited number of open trades at a time. You'll also get an account manager, daily market reviews and financial research, priority withdrawal and up to 4% extra on profitable trades.

The Exclusive account is invitation only. With this account, you can invest a maximum of $5000 per trade and have unlimited number of open trades at a time. You'll also get a senior account manager, daily market reviews and financial research, priority withdrawal, access to strategies and up to 6% extra on profitable trades.

IQ Option on the other hand has 2 account types. The Standard account requires a minimum deposit of $10. Standard account holders get access to all financial instruments and can invest as little as $1 per trade.

There's no limit to the maximum you can invest per trade. The IQ Option VIP account requires a minimum deposit of $1900 or at least $15000 trading volume over 3 months. The VIP account isn't available for EU citizens. VIP account holders benefit from faster withdrawals, account managers and free trading eBooks.

Both platforms also offer demo accounts which come credited with $10000 virtual cash. The demo accounts can be recharged of the balance becomes depleted.

Types of assets offered

Both platforms offer hundreds of assets drawn from different classes. These include digital options, forex, stocks, commodities and cryptocurrencies. This diverse selection of financial instruments is perhaps the main reason for their growth in such a short time.

trading assets

Returns on trades

Both platforms offer good returns. These range between 70% and 90% for Expert Option and 65% to 95% for the IQ Option. Note that the return depends on the asset you're trading as well as the time you're trading.

Payment methods accepted

Both Expert Option and IQ Option accept over 20 different payment methods. These include credit/debit cards and eWallets such as Skrill and Neteller. IQ Option stands out, however. They are continuously adding new payment methods. Recently, they added Jeton Wallet to their list.

Deposits and withdrawals

Depending on your deposit method, it might take a few minutes to several days for your deposit to reflect on your trading account. Depositing with an eWallet or debit/credit card is faster. Withdrawals are usually processed within hours or up to 5 business days depending on your account type.

Note that Gold, Platinum and Exclusive account holders for Expert Options and VIP account holders for IQ Option get priority withdrawals. These are processed within 24 hours.

Accessibility

Expert Option and IQ Option are accessible via web browser, desktop apps (Windows and macOS) as well as smartphone apps (Android and iOS).

trading interface iq option

Support

Both platforms have excellent customer support. Their support team can be reached through phone, chat, email and even social media.

Additional features

Both platforms have well designed intuitive trading interfaces. Both support line, bar and candle charts. The IQ Option platform however supports more indicators and tools. It also has larger candle time intervals where Expert Option candle intervals are limited to 60 seconds.

Expert Option has a social trading feature. This allows you to interact with other traders on the platform. It also allows you to view other traders' trades in real-time. Their social network groups also come in handy for beginner traders. IQ Option on the other hand has a support and chat feature which allows you to interact with other traders on the platform.

Conclusion on IQ Option vs Expert Option fight

Both platforms are great for both beginner and expert traders. IQ Option is a good choice for traders who want to start small as well as trade options. Expert Option on the other hand offers more trading accounts although their basic account requires a larger deposit.

In the IQ Option vs Expert Option battle, it is difficult to pick a single winner. Often the choice of broker is also related to individual preferences. For us, however, it is IQ Option that wins today's duel. It has a much better trading interface and is a more flexible platform. Not without importance are the higher payouts, the greater choice of assets to trade and the fact that IQ Option is supervised by a reliable regulatory body.

Which of these two platforms have you traded on? Kindly share your experience in the comments section below. Be sure to also watch the IQ Option vs Expert Option video below the article.

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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

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Bart Bregman

Fulltime Day trading, and help Iq option wiki in my spare time to build an awesome platform to help beginners out there. #digital-nomad, traveling all over the world. https://www.instagram.com/bart_bregman/


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    54 replies to "IQ Option vs Expert Option. An even fight with only 1 winner"

    • Moditus
      September 28, 2019

      ExpertOption stellt kostenlose Schulungsmaterialien zur Verfügung. So kann man leicht verstehen, was die Grundbegriffe eines erfolgreichen Handels sind.

      Reply
    • Auridred
      October 7, 2019

      Mobile Trader werden ebenfalls nicht vergessen, da ExpertOption mobile Handelsanwendungen bereitgestellt hat, die für Android- und iOS-Geräte optimiert sind.

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      October 9, 2019

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      October 19, 2019

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      October 23, 2019

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      October 23, 2019

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    • Noerjahan Davids
      October 25, 2019

      Hello I am really interested could someone explain how to register and if I could start with 10 dollars please..I would like to join

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      October 25, 2019

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      October 25, 2019

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      October 26, 2019

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      October 27, 2019

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      October 28, 2019

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      November 2, 2019

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      November 2, 2019

      During the work with this broker reviews are only positive. In fact, the profit is quite fine with me, and with the withdrawal of problems so far at least.

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      November 3, 2019

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      November 4, 2019

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      November 5, 2019

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      November 6, 2019

      I consider this broker to be the best in terms of work.
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    • Kalyan
      November 8, 2019

      What is the minimum withdrawal amount in both Expert option and IQ option ..

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      November 8, 2019

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      November 8, 2019

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      November 11, 2019

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      November 12, 2019

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      November 13, 2019

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    • Mercier
      November 14, 2019

      Copier des transactions d’opérateurs performants à partir d’Expert Option vous permet de tirer parti de l’expérience de ceux qui possèdent beaucoup plus de connaissances et de compétences pratiques.

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      November 14, 2019

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      November 30, 2019

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