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Software Option FM vs. IQ Option

Getting the most appropriate binary option trading srevice for your company is complicated with too much functions, choices, and terms to choose from. But, depending on our review directory will help you to cut down the selection process by reading all crucial providers in a single place. For instance, you can match IQ Option and Option FM for their tools and overall scores, in this case, 8.5 and 8.0, respectively. Likewise, you can check which provider has higher general user satisfaction rating: 99% (IQ Option) and 98% (Option FM) to find out which solution is the better option. Don’t just choose the service with the lowest minimum deposit, but the service that has the best value for your money.

Software

Option FM

VS

IQ Option

VS

Score

Our Score

8.0 ?

Our Score

8.5 ?

Client Experience

Client Experience

98% ?

Client Experience

99% ?

Minimum Deposit

$250

$10

Accepts US Clients

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Complete Review

Description

Option.FM uses the SpotOption trading platform which is innovative yet user-friendly, and offers a wide range of proprietary features. The platform makes it simple for both novices as well as experienced traders to manage risk and make informed trades. It boasts 24/7 uptime and enables traders to fine-tune every detail of their trades.

Option.FM excels in offering a wide selection of assets for traders to choose from. This broker offers more than 200 popular assets from which brokers are certain to find familiar ones that they can trade successfully. Options include major indices, commodities, stocks, and currency pairs.

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.

Platform

Platform type: SpotOption
Platform Languages: English
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: Yes
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

Comission

No
No

Email

cs@option.fm support@iqoption.com

Trade Types

Option.FM offers four trade types:

  • One Touch
  • 60 Seconds
  • Long Term
  • Binary Options

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

Assets

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities Oil, Gold, Indices, Stocks, Commodities

Payouts Percentage

91%

92%

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Payout ratios

Option.FM offers returns up to 91%.

Returns can go as high as 92%.

Trading Accounts

Option.FM offers seven types of trading accounts:

Newbie – 250+

  • Trading Manual

Start-Up – 2,500+

  • Trading Manual
  • OFM Rewards Access
  • Trading Packages
  • 1 Educational Session

Entrepreneur – 5,000+

  • All features in Start-Up plan
  • 2 Educational Sessions
  • 3 Protected Trades

Top Exec – 10,000+

  • All features in Entrepreneur plan
  • 3 Educational Sessions

CEO – 25,000+

  • All features in Top Exec plan
  • Class B Trades
  • Class A Trades
  • 4 Education Sessions
  • Enhanced Return on Investments

Financier – 40,000+

  • All features in CEO plan
  • 4+ Education Sessions
  • Suited Trading Portfolio

Mogul – 100,000+

  • All features in Financier plan
  • Unlimited Education Sessions
  • Vacation Packages

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

Withdrawal Options:

Credit Card, Debit Card Webmoney

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Italian, Arabic, Dutch
Customer Service Hours: Option.FM 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

Deposit Options

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

Located In

Belize Cyprus

Phone

+44-207097326 74956680633

Place Trades Over Phone

No
No

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
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Software Comparison

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Both IQ Option and Option FM were evaluated by a group of reliable SaaS experts who carried out a full analysis of all crucial aspects of each solution. Their final rating was calculated with unique SmartScore algorithm which gives an individual partial score to every component including: main features, customer support, mobile support, security, customer satisfaction and reviews in other media. Here at FinancesOnline we realize useful features are not the only aspect crucial to a company so we do our best to pay attention to all sides of a product before giving it a final score.