iq option
PUPRIME
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Overview
iq option was founded in 2019 and is headquartered in United States, while PUPRIME was established in 2015 and is based in Seychelles. iq option holds licences including Financial Conduct Authority (FCA), while PUPRIME is regulated by Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd among others. iq option serves 14,000,000+ clients worldwide; PUPRIME has 200,000+. The minimum deposit is $250 at iq option and $50 at PUPRIME.
| Feature | iq option | PUPRIME |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Regulation | 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 | Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under licence number 52218 |
| Founded | 2019 | 2015 |
| Country | United States | Seychelles |
| Clients | 14,000,000+ | 200,000+ |
Fees
Fees are a critical factor when choosing between iq option and PUPRIME, directly affecting your bottom line as a trader. iq option has a lower barrier to entry with a minimum deposit of $250 (vs $50 at PUPRIME). Both brokers charge withdrawal fees. iq option charges deposit fees; PUPRIME does not. Overall, PUPRIME scores higher on fees in our assessment.
| Feature | iq option | PUPRIME |
|---|---|---|
| Min. Deposit | $250 | $50 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
iq option offers MT4, MT5, cTrader, while PUPRIME supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. PUPRIME supports social and copy trading features, which iq option does not offer. iq option edges ahead on platform breadth and functionality in our scoring.
| Feature | iq option | PUPRIME |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | No |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, WebTrader, PU Prime App, PU Social |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how iq option and PUPRIME compare. PUPRIME runs regular live webinars; iq option does not. PUPRIME has a video library; iq option does not. PUPRIME publishes daily market commentary; iq option does not. PUPRIME integrates third-party research tools (Trading Central, Autochartist); iq option does not. PUPRIME maintains an archive of past webinars for on-demand viewing. PUPRIME scores higher overall in education and research.
| Feature | iq option | PUPRIME |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
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 PUPRIME supports 4 (bank transfer, credit/debit card, Skrill, Neteller). iq option uniquely supports PayPal among the two brokers. iq option scores higher on deposit and withdrawal flexibility.
| Feature | iq option | PUPRIME |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
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 PUPRIME offer live chat support. Both provide phone support. Email support is available at both brokers. iq option supports 8 languages and PUPRIME supports 1, giving iq option broader global reach. Both brokers are comparable on support quality.
| Feature | iq option | PUPRIME |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English |