5paisa vs IQ Option

5paisa vs IQ Option Comparison Table 2023
5paisa IQ Option
WINNER
5paisa is the better broker
Not Yet Rated

5paisa is #35 in our broker rankings.

4
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products.

Open an account with just $10. Trade over 14 Cryptocurrencies directly, traditional forex with low spreadsor trade digital options with payouts up to 900% (successful trades only).

Risk Warning: Your Capital Might Be At Risk
Awards
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
Instruments
Stocks, Futures, Options, Forex CFD, Forex, Crypto, Stocks, Digital Options
Demo Account
No Yes
Minimum Deposit
INR 450 $10
Payment Methods
Minimum Trade
No 0.001 lots
Regulator
SEBI
Margin Trading
Yes Yes
Margin Rate
0.2%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
Yes No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS, Android and Windows
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No Yes
Account Currencies
  • INR
  • USD
  • EUR
  • GBP
  • ZAR
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered
Leverage
1:500
GBPUSD Spread<
1
Oil Spread
2.3
Stocks Spread
2
Forex Trading
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. IQ Option offer forex trading on a range of currencies. Spreads are on the high side and the brand do not excel in this area
Forex App

IQ Option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have synchronised the look and feel of both the Webtrader and mobile platform, making switching between the two, seamless. Try it out via the free demo account.

GBPUSD Spread
N/A 5 pips
EURUSD Spread
N/A 14 pips
EURGBP Spread
N/A 15 pips
Assets
4 250+
Cryptocurrency
Crypto trading not offered IQ Option are a leading Crypto broker. They offer multipliers, and a huge range of crypto markets.
Spread
BTC 7%, ETH 12% (Var)
Coins
  • BTC
  • TRX
  • XRP
  • BCH
  • ETH
  • EOS
  • OMG
  • ETC
  • QTUM
  • ZEC
  • LTC
  • DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low minimum deposit.
Payout
91%
Ladder Options
No Yes
Boundary Options
No Yes
Risk Warning: Your Capital Might Be At Risk
More Comparisons
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