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Comparison FMTrader vs. IQ Option

Choosing the best binary option trading srevice for your business is complicated with various functions, options, and offers to choose from. On the other hand, depending on our review platform will help you to simplify the selection steps by reading all key services in one place. For example, you can contrast IQ Option and FMTrader for their functions and overall scores, in this case, 8.5 and 8.0, respectively. Similarly, you can check which broker has better general user satisfaction rating: 99% (IQ Option) and 100% (FMTrader) to determine which solution is better. Don’t just pick the service with the most attractive minimum deposit, but the service that has the best value.

Comparison

FMTrader

VS

IQ Option

VS

Our Score

Our Score

8.0 ?

Our Score

8.5 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

99% ?

Minimum Deposit

$250

$10

Accepts US Clients

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Full Review

Description

FMTrader providers users with the award-winning SpotOption as its trading platform. SpotOption is highly accessible, allowing traders to do trade and engage through the web. No software download and installation is needed. Many traders use prefer SpotOption as it is widely used in the industry due to its simplicity, reliability, and ease of use.

IQ Option’s trading platform differs from most generic platforms. Asset selection is done using a tab system placed on top of the price chart. A drop-down list placed on the right side of the tabs offers more assets.

There are action buttons for the option types (Call/Put) you want to buy. IQ Option offers predefined amounts such as $10, $20, etc. that you can choose. Alternatively, you can also key in the amount in the amount box. The personal cabinet section shows your banking transactions and trading history. It also hosts the customer support option. The trading platform also supports mobile trading with iOS and Android apps.

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Russian, Turkish
Customer Service Hours: FMTrader provides 24-hour customer support.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
TICKETS
Customer Support Languages: English, Spanish, Russian
Customer Service Hours: IQ Option offers customer support from 9:00 AM to 11:00 PM
Place Trades Over the Phone?: No

Phone

+448001700149 74956680633

Email

support@fmtrader.com support@iqoption.com

Assets

Oil, Gold, Indices, Stocks, Commodities Oil, Gold, Indices, Stocks, Commodities

Comission

No
No

Trade Types

FMTrader offers the following trading types:

  • 60 Seconds Options
  • Classic Binaries
  • One Touch Options
  • Option Builder
  • Pair Trading
  • FX/CFD

You can choose between the classic High/Low binaries and the faster Turbo trade feature.

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Withdrawal Options:

Credit Card, Bank Wire Transfer Webmoney

Place Trades Over Phone

No
No

Payout ratios

85%

Returns can go as high as 92%.

Located In

United Kingdom Cyprus

Platform

Platform type: SpotOption
Platform Languages: English, Russian, Japanese, Turkish, Arabic
OS Compatibility: Mac OS, iOS, Windows
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No
Platform type: In-house
Platform Languages: English, Spanish, Russian, Chinese, Arabic
OS Compatibility: Mac OS, Windows, Android
Streaming News Feed: No
Email Alerts: Yes
Mobile Alerts: Yes

Bonuses & Rewards

No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No

Deposit Options

Credit Card Webmoney, PayPal, Credit Card, Bank Wire Transfer, Skrill, Neteller

Trading Accounts

Traders with FMTrader can choose from 5 different types of trading accounts which come with various benefits. They are each defined by a minimum deposit.

  • Bronze Trading Account
  • Silver Trading Account
  • Gold Trading Account
  • Platinum Trading Account
  • Islamic Trading Account

IQ Option offers a free demo account and two types of trading accounts:

Real: Minimum deposit is $10

  • Bonuses up to 80% on each deposit
  • Up to 45% return in case of a wrong prediction
  • Over 70 assets

VIP: Minimum deposit is $1000

  • Bonuses up to 100% on each deposit
  • Up to 60% return in case of a wrong prediction
  • Over 70 assets

Payouts Percentage

70%-90%

92%

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You don’t want just a broad set of useful tools and flexible pricing plans from a credible Binary Options Brokers. Almost as crucial as core features is a trustworthy customer support. You want to make sure that when you have any questions about IQ Option or FMTrader, or you struggle with some problems, or perhaps you’ll want to request a specific update or functionality useful to your company you can rely on a responsive and helpful customer support. See whether options such as phone support, tickets or live chat are provided. What is more, it’s a big plus if you can enjoy individual training or at the very least a knowledge base you can use.