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iq option logo

iq option

7/10

Vanguard Investments

6.9/10
10/10WinnerRegulation5/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner6/10
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 Vanguard Investments was established in 2008 and is based in United States. iq option holds licences including Financial Conduct Authority (FCA), while Vanguard Investments is regulated by Office of the Comptroller of the Currency among others. iq option serves 14,000,000+ clients worldwide; Vanguard Investments has 10,000+. The minimum deposit is $250 at iq option and $0 at Vanguard Investments.

iq option wins this category
Featureiq optionVanguard Investments
Min. Deposit$250$0
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-F262Office of the Comptroller of the Currency
Founded20192008
CountryUnited StatesUnited States
Clients14,000,000+10,000+

Fees

Fees are a critical factor when choosing between iq option and Vanguard Investments, directly affecting your bottom line as a trader. Vanguard Investments has a lower barrier to entry with a minimum deposit of $0 (vs $250 at iq option). Both brokers charge withdrawal fees. Vanguard Investments applies inactivity fees on dormant accounts; iq option does not. iq option charges deposit fees; Vanguard Investments does not. Overall, Vanguard Investments scores higher on fees in our assessment.

Vanguard Investments wins this category
Featureiq optionVanguard Investments
Min. Deposit$250$0
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoNo

Platforms

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

Tied
Featureiq optionVanguard Investments
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4,Desktop,Android,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how iq option and Vanguard Investments compare. Vanguard Investments runs regular live webinars; iq option does not. Vanguard Investments has a video library; iq option does not. Vanguard Investments publishes daily market commentary; iq option does not. Vanguard Investments integrates third-party research tools (Trading Central); iq option does not. Vanguard Investments maintains an archive of past webinars for on-demand viewing. Vanguard Investments scores higher overall in education and research.

Vanguard Investments wins this category
Featureiq optionVanguard Investments
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

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 Vanguard Investments 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 optionVanguard Investments
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 Vanguard Investments offer live chat support. Both provide phone support. Email support is available at both brokers. iq option supports 8 languages and Vanguard Investments supports 2, giving iq option broader global reach. Both brokers are comparable on support quality.

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