B

Evans and Partners

6/10
iq option logo

iq option

7/10
5/10RegulationWinner10/10
0/10FeesTied0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Evans and Partners was founded in 2012 and is headquartered in USA, while iq option was established in 2019 and is based in United States. Evans and Partners holds licences including Unregulated, while iq option is regulated by Financial Conduct Authority (FCA) among others. Evans and Partners serves 10,000+ clients worldwide; iq option has 14,000,000+. The minimum deposit is $500 at Evans and Partners and $250 at iq option.

iq option wins this category
FeatureEvans and Partnersiq option
Min. Deposit$500$250
RegulationUnregulatedFinancial 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
Founded20122019
CountryUSAUnited States
Clients10,000+14,000,000+

Fees

Fees are a critical factor when choosing between Evans and Partners and iq option, directly affecting your bottom line as a trader. iq option has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Evans and Partners). iq option charges withdrawal fees while Evans and Partners does not, giving Evans and Partners an edge for frequent withdrawers. Evans and Partners applies inactivity fees on dormant accounts; iq option does not. iq option charges deposit fees; Evans and Partners does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureEvans and Partnersiq option
Min. Deposit$500$250
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesNo

Platforms

Evans and Partners offers MT4, MT5, cTrader, while iq option supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureEvans and Partnersiq option
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,MetaTrader 5MT4, 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 Evans and Partners and iq option compare. Evans and Partners runs regular live webinars; iq option does not. Evans and Partners has a video library; iq option does not. Evans and Partners publishes daily market commentary; iq option does not. Evans and Partners integrates third-party research tools (Trading Central, Autochartist); iq option does not. Evans and Partners maintains an archive of past webinars for on-demand viewing. Evans and Partners scores higher overall in education and research.

Evans and Partners wins this category
FeatureEvans and Partnersiq option
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evans and Partners 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
FeatureEvans and Partnersiq 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 Evans and Partners and iq option offer live chat support. Both provide phone support. Email support is available at both brokers. Evans and Partners supports 2 languages and iq option supports 8, giving iq option broader global reach. Both brokers are comparable on support quality.

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