This comparison overview assists users who have a hard time to pick between IQ Option and TradeStation to find the best online broker for their trading and investment requirements. It assesses the main features of both brokers side-by-side to aid customers compare their solution and make a notified choice.
To help users pick the best broker between IQ Option and TradeStation to discover the best-suited platform, below is a list of broker’s benefits and drawbacks, complied with by a comparison of their primary trading functions, consisting of trading platforms & tools, costs, mobile trading, deposit & withdrawal, properties, law, and customer assistance.
IQ Option vs. TradeStation: 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”
Tradestation is an online brokerage company, founded in 1982. They offer access to a wide range of assets including 5,000 international stocks, OTCBB penny stocks and 2,000 ETFs.
Their trading platform has a variety of stock trading tools such as dynamic market-scanning tools, advanced order management tools, and fully customisable charts. Users have access through a web, desktop and mobile app (Android and iOS). Trade execution on the platforms is fast (under 0.040 seconds).
Their trading fees vary based on account selection. Pricing is below industry average on the most used accounts (select and GO). Minimum deposit is $2000 and there are no monthly charges.
TradeStation’s customer support is available by phone, email 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 ($0)
- 0% commission stock and ETF fees
- Extensive charting tools and features
- Fast and reliable order execution
- Trading automatisation capabilities
- Vast stock scanning tools
Cons
- Research and education section could be better
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
- $0 commission/stock trades(up to 15,000 shares)
- Vast market coverage(5,000 international stocks and ETFs)
- Fast and reliable order execution
- Great Fundamental Research and Analysis Tools
- Extensive Charting Tools and Features
- Access To Back-Testing and Automated Trading
IQ Option vs. TradeStation Comparison
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IQ Option
TradeStation
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 500:1 | 1:4 |
| 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) | $35 |
| Deposit Fee | 0 | |
| Inactivity Fee | ||
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 10 EUR | $4 |
| Forex (EUR/USD) | 4.7pip | 0.6 pips |
| Stocks & ETF | 0.48pip | $0.007 per share |
| CFD (Gold) | 4.8pip | 0 |
| Crypto | 127.14pip | 0 |
| Options | 0 | $5 + £0.60 per contract |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $10 | $0 ($2000 – Margin account; $25000 – Day Trading account; $5000 – Futures account) |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | Over 180 | 5 markets |
| ETF & Funds | 0 | 2300 |
| Crypto | 19 | 11 |
| Commodities | 9 | 0 |
| Indices | 9 | 0 |
| Options | Over 40 | 10 Markets |
| Futures | 0 | 11 Markets |
| Bonds | 0 | 630 |
| Forex Instruments | Over 30 | 0 |
| 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 | 1 |
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. TradeStation Comparison Conclusion
The outcomes of our comparison of IQ Option vs. TradeStation are involved the table below.
| Broker: | Best For: |
| IQ Option | Forex and CFD trading |
| TradeStation | Stock trading; Active traders |
Choosing the best selection in between IQ Option and TradeStation can be difficult. Both on-line brokers have resemblances yet vary regarding trading tools, systems & applications, guideline, down payment & withdrawals, and study and education. Choosing the most effective broker relies on individuals’ trading & financial investment objectives, private preferences, and experience level.
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.