IQ Option vs. 24option

IQ Option and 24option are both considered to be among the most secure, reliable and famous brokers in the binary options industry. A great proof of that are various partnership agreements these companies have.

IQ Option has teamed up with Fabio Cannavaro, Aston Martin Racing and AGI Racing of Formula 4, while 24option has created partnerships with Juventus and Olympique Lyonnais football clubs, as well as with Boris Becker, one of the best tennis players of all time.

But which one of these companies is better in terms of binary options trading? Our honest IQ Option vs. 24option article will give you the real answer, so keep on reading!

IQ Option vs. 24option | Accounts

Let’s start this IQ Option vs. 24option battle off by taking a deeper look at the account packages you can get from these brokers. IQ Option decided to narrow down their account types to three choices – Demo, Real and VIP. While the demo account is completely free and designed for testing the platform without any investments, the latter two require a deposit. They both offer full platform access, educational materials and fast withdrawals. Also, they are pretty affordable as well, so you should definitely consider them.


General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

On the other hand, there are five different 24option Account Types to choose from. They range from Basic to Diamond and differ in the amount of features they offer. However, all of them will provide you with ingenious and versatile trading interface, full access to educational materials, specific trading tools and full-time support. can also improve your skills with live webinars with the company’s senior account managers. All in all, we can honestly say that 24option is the winner of the first round of this IQ Option vs. 24option contest. Will IQ Option be able strike back in the next round? Stay with us and find out!


IQ Option vs. 24option | Requirements

While reviewing trading requirements and minimum amounts needed to start trading, the winner of the second round of IQ Option vs. 24option clash became obvious. IQ Option has its minimum amount of both deposit and withdrawal set to 10$, which is among the lowest requirements in the industry. Furthermore, trades with them can be opened by investing just one dollar (if you’re trading binary and digital options; for forex and CFDs, it’s 20 dollars). Also, this broker supports a variety of banking methods, including e-wallets like Skrill or Neteller, major credit and debit cards, as well as bank transfers. This makes IQ Option Trading Platform one of the most accessible ones on the market. It’s also backed up by WebGL technology and is completely safe as well.

IQ Option Trading Platform 4.0

IQ Option Trading Platform 4.0

24option has set its minimum deposit to 250$ (although you will need $400 if you’re from South Africa, New Zealand, Singapore or UK), while the minimum investment needed to start a trade stands at 24$. These numbers are pretty common in the industry, but when you realize what you’ll get by trading with 24option, it’s really not much at all. However, IQ Option has made and unmatchable offer here, without a doubt. So if you want to trade, but you don’t want to risk much, IQ Option is your broker of choice.


IQ Option vs. 24option | Conclusion

We’ll wrap this IQ Option vs. 24option comparison up by reviewing these brokers’ main advantages once more. IQ Option delivers outstandingly low financial requirements, while 24option provides users with more versatile trading packages. Now the final decision lies in your hands. Think of what you need more – low requirements or quality account packages – and make your choice now!

DISCLAIMER: Binary options are prohibited in EEA.

Author's overall rating:
Author: Ben Prescott

What do you think?

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RISK DISCLAIMER 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 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. 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, has financial relationships with some of the products and services mentioned on this website. may be compensated if consumers choose to click links in our content and ultimately sign up for mentioned products.
Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.