B
iq option logo

iq option

7/10
Oinvest logo

Oinvest

5.7/10
10/10WinnerRegulation5/10
0/10FeesWinner6/10
9/10WinnerPlatforms7/10
0/10Education & ResearchWinner4/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

iq option was founded in 2019 and is headquartered in United States, while Oinvest was established in 2019 and is based in South Africa. iq option holds licences including Financial Conduct Authority (FCA), while Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA) among others. iq option serves 14,000,000+ clients worldwide; Oinvest has 10,000+. The minimum deposit is $250 at iq option and $200 at Oinvest.

iq option wins this category
Featureiq optionOinvest
Min. Deposit$250$200
RegulationFinancial 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-F262Southern African Financial Sector Conduct Authority (FSCA)
Founded20192019
CountryUnited StatesSouth Africa
Clients14,000,000+10,000+

Fees

Fees are a critical factor when choosing between iq option and Oinvest, directly affecting your bottom line as a trader. Oinvest has a lower barrier to entry with a minimum deposit of $200 (vs $250 at iq option). iq option charges withdrawal fees while Oinvest does not, a notable advantage for frequent withdrawers. Oinvest applies inactivity fees on dormant accounts; iq option does not. iq option charges deposit fees; Oinvest does not. Overall, Oinvest scores higher on fees in our assessment.

Oinvest wins this category
Featureiq optionOinvest
Min. Deposit$250$200
Withdrawal FeesYesNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoYes

Platforms

iq option offers MT4, MT5, cTrader, while Oinvest supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Oinvest 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
Featureiq optionOinvest
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4, iOS, MacBook, iPhone

Education & Research

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

Oinvest wins this category
Featureiq optionOinvest
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. iq option accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Oinvest supports 2 (bank transfer, credit/debit card). 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
Featureiq optionOinvest
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

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

Tied
Featureiq optionOinvest
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese