IQ Option is a company located in Cyprus that has offered brokerage services since 2013. The company has a presence in almost all countries, so much so that, to date, it has about 40 million open accounts.
The product of IQ Option is things, better known all over the world as CFD. Using these derivative instruments, you can start from € 10 with everything like traditional metals, oil and, more recently, virtual currencies.
It is famous in Spain for its simple usage and a lot of different advantages which is why it has become the preferred choice of novice traders who take their first steps in this sphere of investing and trading.
AVAtrade is one of the pioneers of online financial trading, having been founded in 2006. The company is headquartered in Dublin, Ireland, and has offices in Spain, France, Italy, Australia and Japan.
Avatrade broker offers Forex, vanilla options and CFDs on stock indices, government bonds and popular currencies in the crypto world. Due to its extensive portfolio, the opinions of AVAtrade in the trading community are usually positive.
This broker is more suitable for experienced traders, as it has higher deposit requirements and has powerful platforms, but requires practice. At AVAtrade, the minimum amount of money, which you should put is € 100 and it gives you access to MT4 and MT5 directions, AVAOptions, AVAtrade GO and Duplitrade.
“AVAtrade is an industry veteran with powerful tools and a broad portfolio of instruments ideal for experienced traders.”
Brokers point out the presence of competitive spreads, bonuses and transparency in the whole process of trading and investing. AvaTrade created its own AvaTrade Act program.
These are the instruments with which you can operate in each of these brokers:
|Traditional currencies||On IQ Option you find currency pairs of various classes, both major, minor and exotic. You can trade EUR / USD, EUR / JPY, EUR / GBP, among many others.|
In the AVAtrade Forex section you can find the most popular pairs, such as EUR / USD and GBP / USD, as well as rare crosses such as EUR / ISL and USD / CLP.
|IQ Option does not offer options on its standard accounts. However, binary options are available on professional accounts.|
AVAtrade is a one-of-a-kind broker, offering vanilla – classic – options on Forex. Here you find the complete list of currency pairs.
|IQ Option has an assorted listing of stocks from famous companies, such as Tesla, Apple, AMD, Amazon, Facebook, and many others. There are also European trading floor papers.|
You can trade CFDs on stocks on US and European stock exchanges. Famous titles such as Apple, Amazon and Netflix are available.
|This company lets you trade the most popular metals, Brent and WTI oils.|
It has a wide variety of instruments, such as oil, gold, silver, platinum, corn, soybeans, coffee, cocoa, and others.
Indices and ETFs
|Here is a diverse list of indices comprising the S&P 500, the Dow Jones, and the MSCI emerging markets indices.|
In the Spanish version of AVAtrade you can trade with different indices, such as the S&P 500, the NASDAQ 100 and the Dow Jones.
|Their company is the leader in this theme, since their access to most of the popular brands is insane.|
Their company cannot boast of such a variety and percentages when it comes to this topic. Yes, you can still work with the most famous coins and not so much, but this is not so pleasant and you most likely will not want to deal with this issue in principle, unless you use the services of the other side.
Both brokers offer the biggest amount of instruments. However, it should be noted that the Avatrade broker has some unconventional investment vehicles, such as vanilla options and government bonds.
However, both IQ Option and AVAtrade are good picks for the average trader, given that both companies have the most popular instruments.
In our opinion, AVAtrade is best suited for specific niche traders who have knowledge of defined instruments, such as bonds or options.
Both companies offer what is necessary for average traders. However, AVAtrade has a more extensive list of instruments that niche traders may be interested in.
Here you will be able to make your choice:
Which kinds of profile can be found here:
Firstly we highly recommend you to start the first profiles to see how it is done and how to not lose your money, which you will put in the use, since if you won’t understand something it is very possible that you will make the wrong move and nobody will help you after that, since it was your choice.
The payment methods of both companies are similar. In both IQ Option and AVAtrade, you can make your payments and collections with debit and credit cards, electronic wallets and bank accounts.
The main difference between the two companies lies in their investment requirements. The minimum amount you must deposit on IQ Option is € 10, while AVAtrade’s minimum deposit is € 100, or € 500 if you want to use your bank account.
Both brokers have good forms of payment for Spain. However, at AVAtrade the minimum deposit is higher than at IQ Option.
|Bank cards||Make your payments and collections using Visa and Mastercard||This broker accepts Visa, Mastercard and JCB credit and debit cards|
|Electronic wallets||IQ Option has among its payment methods Skrill and NETELLER||You can manage your payments using Skrill and NETELLER|
|Wire transfer||With this broker you can deposit and collect money with Spanish bank accounts||You can make deposits from Spanish bank accounts, but the minimum accepted value is € 500|
When trading, you can make use of these software on IQ Option:
The main attraction of IQ Option is its fast, versatile and easy-to-use platform. Feedback about the broker tends to be highly positive thanks to this software.
At the avatrade broker you can choose between any of these software:
AVAtrade platforms are powerful and support thousands of add-ons, but require a learning period. Even so, the opinions of AVAtrade are positive, because they can help you even in the bad situation with the different plans.
IQ Option has only one place which is ideal for newbies, while AVAtrade has several powerful platforms that are suitable for experts.
Here you can see such things as:
In the AVAtrade you can find the following tools:
Both of them are professional, transparent and long-standing brokers. Mostly you should watch for differences and decide for yourself which is the best.
iQ Option can be an ideal platform both for those who are not particularly versed in the whole topic and are ready to learn, and for already experienced investors who know their limits. It is also very pleasant that the entry threshold is very cheap and anyone can ensure that they open an account here.
AvaTrade is losing in all of that and the only thing for which it can be proud of is experience.
This intermediary has the credibility of the least part of the surveyed brokers and in the comments published on the internet. It can be respected for its long history and opening of the best ways in this field. It has a fairly strong position in many rankings that we have found, plus its own trading program is very easy to use and very informative.
We can recommend it to brokers who are very confident in the Forex market. But, for those who just want to test their strengths in the market or want to use the maximum of the opportunities that there are so far we will recommend that they go to the highest points of our list of the best brokers.
Delays in operation also occur. Good features, thanks to which we consider the platform to be safe and not a scam.
Summary: The intermediary with a history but a little behind the trends.