Compare forex brokers IQOption VS Gftrade

If you're choosing between IQOption and Gftrade forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is IQOption better than Gftrade? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

IQOPTION VS GFTRADE

GFTrade
GFTrade Overview

GFTrade is a global Forex and CFD broker that is primarily based in Singapore as well as St.Vincent and Grenadines. It is regulated by the FSA and offers low entry for minimum capital requirements, as well as low spreads on the trading of 60 assets across currencies, metals, cryptos, indices, energies and stocks.

IQOption
IQOption Overview

IQ Option Europe Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) and offers trading on more than 345+ tradable assets across Forex, Stocks, Commodities, Cryptocurrencies and ETFs via CFDs and Binary Options on their own unique, proprietary trading platform for PC, Mac, Android and iOS operating systems.

# Broker's Features IQOPTION Availability GFTRADE Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare IQOption vs Gftrade.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. IQOption offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Cryptocurrency, Options, while Gftrade offers Currencies, Commodities, Indices, Stocks, Cryptocurrency.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. IQOption is Dealing Desk, Market Maker, while Gftrade is DMA, ECN, No dealing desk, STP.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. IQOption is regulated by CySEC, while Gftrade regulated by FSA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Languages Available: Next lets have a look at each broker's different Language options. IQOption offers Arabic, Azerbaijani, Chinese, French, German, Hind, while Gftrade offers Chinese, English, German, Hindi, Indonesian, Itali Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. IQOption offers different payment methods for each account types, while Gftrade offers bitcoin, Credit/Debit Cards, FasaPay, Neteller, Skrill, Union Pay payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, IQOption makes Proprietary available to clients, while Gftrade offers MT4.

The Verdict: IQOption or Gftrade?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Gftrade is more reliable based on our criteria above. Gftrade has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Only Gftrade Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. Gftrade offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. As Gftrade offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

Are you Satisfied with what They Offer?