Since 2007, eToro has been working successively and purposefully, thanks to which the commerce lorryensures the availability of online commerce and contribution for any person anywhere in the world. Keeping a balance among providing accessibility for newcomers and improving significant units for more skilled vendors, eToro is steadily strengthening its position as the world’s principle public commerce lorry. eToro proposes both options for short-time deals for intraday vendors, as well as long-time contribution options for depositors.
IQ Option is an international fintech company where they have developed one of the world’s best commerce lorries for financial instruments. It is a reputable financial company with a worldwide reputation, which has grown as a famous for a wide range of services and attractive commerce conditions. This is confirmed by the numerous reviews of vendors and depositors with whom you can get acquainted at the end of this review.
First of all, IQoption attracts customers with a variety of contribution options that will appeal to even the most capricious vendors. Here you will find margin commerce on forex and cryptocurrency assets, contributions in ETF funds, binary options, as well as CFDs on funds and commodities, that is all that you can really make money on today. Let’s take a closer look at each financial instrument.
Next, we proceed to a comparative part. When you first visit the website of iqoption.com, the first impression would be, “Spotless”. The website was clearly designed to be of minimalist standards which clearly impressed me. Clean, spotless design with direct to the point texts inviting you to create an account with them. In case of eToro, you might be familiar with the name eToro.com, the one with the “bull logo”? They have been storming the internet with their advertisements and how they are better than any other websites out their today that cater to online commerce.
If we talk about minimum number of deposit, it is $10 in IQ Option and $200 in eToro. You can feel this difference. Someone doesn’t care which amount to spend, but some people like to count and think how much to spend. Currencies that are appropriate in these two lorries are the same: EUR, USD, GBP, JPY, AUD, CHF, CAD. Moreover, you can use the same coins in these two systems: BTC, DASH, ETC, ETH, LTC, XRP. You can definitely say that the lorries are quite similar to each other.
Let’s compare the payment method in these lorries. The payment methods at IQ Option include Credit/Debit Cards, Skrill, Neteller, Giropay, Sofort and “many more”. We are not sure about the full lost of e-wallets but those seem to cover the most popular ones. eToro is one of the pioneers of public commerce – a broker with strong regulation and 10 years of practice. Yet, its spreads are high, there is no ECN environment available and scalping os not permitted.
EToro is proud to be able to propose its clients public commerce opportunities that allow their clients to take advantage of the collective intelligence that is fueled by an extensive network of traders. Public traders’ news feeds, the CopyTrader ™ system and the Popular Investor program use the full potential of the new generation of public commerce lorry. Due to the fact that many successful vendors use our lorry to share their strategies, eToro customers receive all the necessary information to realize their financial goals.