B
Ayondo logo

Ayondo

5.1/10
iq option logo

iq option

7/10
9/10RegulationWinner10/10
8/10WinnerFees0/10
1/10PlatformsWinner9/10
0/10Education & ResearchTied0/10
4/10Deposits & WithdrawalsWinner10/10
6/10SupportWinner10/10

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Overview

Ayondo was founded in 2008 and is headquartered in London, while iq option was established in 2019 and is based in United States. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Ayondo serves 10,000+ clients worldwide; iq option has 14,000,000+. The minimum deposit is $1 at Ayondo and $250 at iq option.

iq option wins this category
FeatureAyondoiq option
Min. Deposit$1$250
RegulationFinancial Conduct Authority (FCA)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
Founded20082019
CountryLondonUnited States
Clients10,000+14,000,000+

Fees

Fees are a critical factor when choosing between Ayondo and iq option, directly affecting your bottom line as a trader. Ayondo has a lower barrier to entry with a minimum deposit of $1 (vs $250 at iq option). Both brokers charge withdrawal fees. Ayondo applies inactivity fees on dormant accounts; iq option does not. Ayondo charges deposit fees; iq option does not. Overall, Ayondo scores higher on fees in our assessment.

Ayondo wins this category
FeatureAyondoiq option
Min. Deposit$1$250
Withdrawal FeesYesYes
Inactivity FeesYesNo
Deposit FeesYesYes
CFD FeesYesNo

Platforms

Ayondo offers cTrader, while iq option supports MT4, MT5, cTrader. Ayondo supports social and copy trading features, which iq option does not offer. iq option edges ahead on platform breadth and functionality in our scoring.

iq option wins this category
FeatureAyondoiq option
MT4NoYes
MT5NoYes
cTraderYesYes
Windows AppNoYes
iOS AppNoYes
Android AppNoYes
Trading PlatformsWeb TraderMT4, 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 Ayondo and iq option compare. The two brokers are evenly matched on educational content.

Tied
FeatureAyondoiq option
Forex EducationNoNo
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ayondo 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
FeatureAyondoiq 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. iq option offers live chat; Ayondo does not, making iq option easier to reach in real time. Both provide phone support. Email support is available at both brokers. Ayondo supports 2 languages and iq option supports 8, giving iq option broader global reach. iq option scores higher overall on customer support in our assessment.

iq option wins this category
FeatureAyondoiq option
Live ChatNoYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, MandarinEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic