Exness Malaysia and South Africa has set an impressive benchmark, but IQ Option is more than ready to compete with any of the brokers available. Let us unfold the involved trade room that they have set up for their users.
- Financial Instruments. When it comes to variety amongst their available markets, IQ Option sits on top. With access to over 500 assets across markets like Forex, ETFs, Cryptocurrencies, Commodities, Stocks, and their very popular options. The latter is often regarded as binary trading and has recently become a massive attraction to traders throughout the world.
Through derivative trading, users are presented with a binary choice of high or low and invest upon either outcome they think is achievable. Within these options, there is the standard binary as well as the popular digital options. These are based on specific time frames and pay out depending on how long the trade lasts and the derivative involved.
- Practice Account. Like Exness, IQ Option also grants their users entry to a demo account to practice and learn. With this platform, users can easily switch between their main account and the demo at a click of a button, and then jump back just as easily. The strategies that can be created through this simple method are endless.
- Learning Tools. IQ Option also has some learning resources available directly through the platform. From tutorials, to webinars and much more, users can learn the basics and the advanced material as they trade. With the VIP account, this offering is further expanded upon, with access to even a professional advisor to help improve trading potential.
- Minimal Costs. While Exness has a lower minimum deposit for their basic account, IQ Option makes up for this with less underlying costs attached to the experience. Without any deposit fees or even commission, traders can make and break trades with ease. There are only fees attached to certain withdrawals and in the form of variable spreads that apply differently to certain instruments.
- Reliable Support. Once again, IQ Option excels with regards to supporting features. With 24/7 support in a range of languages and from helpful and informed staff, users can engage with the markets in confidence. Whether through email, text, or live chat, there is always an easy way to get assistance on any question or problems that might arise.
Payment Options. IQ Option provides their users with over 20 types of payment options, including credit cards and most top eWallets. This impressive range allows their users to pick and choose whichever method they feel most at ease with and go from there. It is also testament to their global reach that so many different methods have been made available.