IQ Option vs. Tropical Trade

IQ Option vs. Tropical Trade

IQ Option vs. Tropical Trade

IQ Option and Tropical Trade are among the best brokers in the binary options industry. They both have excellent features and are proven to be completely secure. Because of that, we decided to compare these two companies, so that we can determine which one has a better offer. Looking for a perfect broker which will meet all your requirements? Read our IQ Option vs. Tropical Trade article and make a decision that will change the way you look at binary options!

IQ Option vs. Tropical Trade | Account Types

The first thing we’ll take a look at in this IQ Option vs. Tropical Trade battle are various account packages created by the brokers. IQ Option offers a total of three different account types. Demo account is completely free and doesn’t require a deposit, while Real and VIP account types provide some very interesting features. For example, you can get a part of your investment back if you make a bad trade and the withdrawals are much faster. All in all, a well balanced offer from this fine broker.

Tropical Trade Account Types

Tropical Trade Account Types

On the other hand, Tropical Trade offers five different account types. Their Basic account type is designed for beginners, with the Tropical Trade Minimum Deposit set to 200$. At the same time, the Pro account aims for a bit more experienced users and features 1-on-1 training, as well as trading signals. The Gold account package introduces risk free trades as well, while the VIP and Corporate account types are reserved for trading experts who want a full treatment. Therefore, the first round of IQ Option vs. Tropical Trade rivalry goes to Tropical Trade, thanks to their more extensive and more balanced offer of account packages. But will they outmatch IQ Option in trading requirements? Read on and find out!

READ FULL TROPICAL TRADE REVIEW HEREYOU SHOULD KNOW THIS BEFORE YOU START TRADING!

IQ Option vs. Tropical Trade | Trading Requirements

It’s safe to say that IQ Option is unmatched in this category. Their minimum deposit and IQ Option Minimum Withdrawal amounts are set to 10$, which is one of the lowest amounts in the industry. Furthermore, the minimum trade amount is set to only 1$. This means that you can have your own account package and open up to 10 trades with only 10$! You won’t find an offer like this anywhere else in the whole binary options industry. Combine that with high payout rates reaching up to 85%, and we believe we’ve found your ideal broker.

IQ Option Trading Platform 4.0

IQ Option Trading Platform 4.0

Tropical Trade also has a very decent offer – its minimum deposit is stands at 200$, which is still below the industry’s average. The minimum amount required to trade is only 5$, also one of the lowest financial requirements out there. We should also mention their payout rates of 85% and unique Hyper trading mode, which provides you with extremely short-term trades lasting only 30 seconds. However, to conclude the final part of this IQ Option vs. Tropical Trade analysis, if you want the lowest trading requirements, choose IQ Option.

READ FULL IQ OPTION REVIEW HEREYOU SHOULD KNOW THIS BEFORE YOU START TRADING!

IQ Option vs. Tropical Trade | Conclusion

To wrap up this IQ Option vs. Tropical Trade clash, we’ll once again highlight the key points – IQ Option has lower trading requirements, while Tropical Trade offers better account types. Now it’s up to you – compare these brokers once more, see what suits you best and open an account!

Author's overall rating:
Author: Ben Prescott
Updated:

RISK DISCLAIMER
BinaryOptionsTrading-Review.com has taken reasonable measures to ensure the accuracy of the information in the website, however, does not guarantee it. The data exhibited in this website is not necessarily always real-time or completely accurate; this includes market analysis, forecasts, signals, assets’ price quotes and charts. Readers should not treat any opinion expressed by the authors of BinaryOptionsTrading-Review.com as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of their current opinion. The risks involved in trading binary options are high and may not be suitable for all traders. BinaryOptionsTrading-Review.com doesn't retain responsibility for any losses readers might face as a result of using the information presented in this website. This website is owned by Next Media Corp.
In accordance with FTC guidelines, BinaryOptionsTrading-Review.com has financial relationships with some of the products and services mentioned on this website. BinaryOptionsTrading-Review.com may be compensated if consumers choose to click links in our content and ultimately sign up for mentioned products.