Compare FMTrader vs. IQ Option

Getting the best binary option trading srevice for your business is hard with too much functions, options, and terms to consider. However, relying on our website will make it possible for you to cut down the selection steps by getting all major brokers in one location. As an illustration, you can compare IQ Option and FMTrader for their features and overall scores, in this case, 8.5 and 8.0, respectively. Furthermore, you can compare which provider has superior general user satisfaction rating: 99% (IQ Option) and 100% (FMTrader) to find out which solution is better. Don’t just choose the solution with the lowest minimum deposit, but the one that has the best value.




IQ Option



Our Score

8.0 ?

Our Score

8.5 ?

Client Experience

Client Experience

100% ?

Client Experience

99% ?

Minimum Deposit



Accepts US Clients


Full Review


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.

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.



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

Withdrawal Options:

Credit Card, Bank Wire Transfer Webmoney

Place Trades Over Phone



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

Located In

United Kingdom Cyprus

Customer Service

Customer Support Languages: English, Russian, Turkish
Customer Service Hours: FMTrader provides 24-hour customer support.
Place Trades Over the Phone?: No
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

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




+448001700149 74956680633

Payouts Percentage



Payout ratios


Returns can go as high as 92%.

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

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If you test different Binary Options Brokers services you shouldn’t only look at their list of features and provided pricing plans. Consider that the app should be adjusted to your needs and company so the more flexible their offer the better. Find our which platforms are supported by IQ Option and FMTrader and ensure you will get mobile support for whatever devices you use in your company. It may also be a good idea to find out which languages and countries are supported, as this might be a critical factor for many firms.