Exante
iq option
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Overview
Exante was founded in 2011 and is headquartered in Malta, while iq option was established in 2019 and is based in United States. Exante holds licences including Malta Financial Services Authority (MFSA), while iq option is regulated by Financial Conduct Authority (FCA) among others. Exante serves 10,000+ clients worldwide; iq option has 14,000,000+. The minimum deposit is $11700 at Exante and $250 at iq option.
| Feature | Exante | iq option |
|---|---|---|
| Min. Deposit | $11700 | $250 |
| Regulation | Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA | 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 |
| Founded | 2011 | 2019 |
| Country | Malta | United States |
| Clients | 10,000+ | 14,000,000+ |
Fees
Fees are a critical factor when choosing between Exante and iq option, directly affecting your bottom line as a trader. Exante has a lower barrier to entry with a minimum deposit of $11700 (vs $250 at iq option). Both brokers charge withdrawal fees. iq option charges deposit fees; Exante does not. The two brokers are broadly comparable on fee structure.
| Feature | Exante | iq option |
|---|---|---|
| Min. Deposit | $11700 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Exante offers MT4, MT5, a proprietary platform, 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.
| Feature | Exante | iq option |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, WEB, desktop | MT4, 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 Exante and iq option compare. Exante maintains an archive of past webinars for on-demand viewing. The two brokers are evenly matched on educational content.
| Feature | Exante | iq option |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Exante accepts 1 of the tracked payment methods (bank transfer), while iq option supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). iq option uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. iq option scores higher on deposit and withdrawal flexibility.
| Feature | Exante | iq option |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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; Exante does not, making iq option easier to reach in real time. Both provide phone support. Email support is available at both brokers. Exante 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.
| Feature | Exante | iq option |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |