B

Ascot Securities

6.5/10
iq option logo

iq option

7/10
6/10RegulationWinner10/10
8/10WinnerFees0/10
9/10PlatformsTied9/10
4/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Ascot Securities was founded in 1996 and is headquartered in Estonia, while iq option was established in 2019 and is based in United States. Ascot Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while iq option is regulated by Financial Conduct Authority (FCA) among others. Ascot Securities serves 10,000+ clients worldwide; iq option has 14,000,000+. The minimum deposit is $25 at Ascot Securities and $250 at iq option.

iq option wins this category
FeatureAscot Securitiesiq option
Min. Deposit$25$250
RegulationCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F262
Founded19962019
CountryEstoniaUnited States
Clients10,000+14,000,000+

Fees

Fees are a critical factor when choosing between Ascot Securities and iq option, directly affecting your bottom line as a trader. Ascot Securities has a lower barrier to entry with a minimum deposit of $25 (vs $250 at iq option). Both brokers charge withdrawal fees. Ascot Securities applies inactivity fees on dormant accounts; iq option does not. Ascot Securities charges deposit fees; iq option does not. Overall, Ascot Securities scores higher on fees in our assessment.

Ascot Securities wins this category
FeatureAscot Securitiesiq option
Min. Deposit$25$250
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesYesYes
CFD FeesYesNo

Platforms

Ascot Securities offers MT4, MT5, cTrader, while iq option supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Ascot Securities supports social and copy trading features, which iq option does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureAscot Securitiesiq option
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone/iPad,MacMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Ascot Securities and iq option compare. Ascot Securities has a video library; iq option does not. Ascot Securities integrates third-party research tools (Autochartist); iq option does not. Ascot Securities scores higher overall in education and research.

Ascot Securities wins this category
FeatureAscot Securitiesiq option
Forex EducationYesNo
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ascot Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while iq option supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). iq option uniquely supports PayPal and Skrill and Neteller among the two brokers. iq option scores higher on deposit and withdrawal flexibility.

iq option wins this category
FeatureAscot Securitiesiq option
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Ascot Securities and iq option offer live chat support. Both provide phone support. Email support is available at both brokers. Ascot Securities supports 2 languages and iq option supports 8, giving iq option broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAscot Securitiesiq option
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic