B

Hirose Financial

7.3/10
iq option logo

iq option

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

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Overview

Hirose Financial was founded in 2004 and is headquartered in UK, 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. Hirose Financial serves 10,000+ clients worldwide; iq option has 14,000,000+. The minimum deposit is $1 at Hirose Financial and $250 at iq option.

Hirose Financial wins this category
FeatureHirose Financialiq 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
Founded20042019
CountryUKUnited States
Clients10,000+14,000,000+

Fees

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

Hirose Financial wins this category
FeatureHirose Financialiq option
Min. Deposit$1$250
Withdrawal FeesYesYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesYesNo

Platforms

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

Tied
FeatureHirose Financialiq option
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mirror Trader, Web Trader, Binary, Tablet & Mobile appsMT4, 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 Hirose Financial and iq option compare. Hirose Financial runs regular live webinars; iq option does not. Hirose Financial has a video library; iq option does not. Hirose Financial publishes daily market commentary; iq option does not. Hirose Financial integrates third-party research tools (Trading Central); iq option does not. Hirose Financial maintains an archive of past webinars for on-demand viewing. Hirose Financial scores higher overall in education and research.

Hirose Financial wins this category
FeatureHirose Financialiq option
Forex EducationNoNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoNo

Deposits & Withdrawals

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

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