5paisa vs IQ Option

5paisa vs IQ Option Comparison Table 2021
5paisa IQ Option
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 spreads or trade digital options with payouts up to 900%.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
Best Binary Broker 2021 - DayTrading.com
Bonus
None None
Instruments
Stocks, Futures, Options, Forex Stocks, Digital Options, CFD, Forex, Crypto, Binary Options
Demo Account
No Yes
Minimum Deposit
INR 450 $10
Payment Methods
Wire Transfer ADVcash, Alipay, Credit Card, MoneyGram, Perfect Money, QIWI, Skrill, Vietcombank Transfer, Wire Transfer, Yandex Money
Minimum Trade
No 0.001 lots
Regulator
SEBI CySEC
Margin Trading
Yes Yes
Margin Rate
0.2%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
Mobile Apps
iOS & Android iOS, Android and Windows
Auto Trading
No No
Trade Signals
Yes Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
INR USD, EUR, GBP, ZAR
CFD
CFD trading not offered
Leverage
1:30 EU, 1:500
FTSE Spread
GBPUSD Spread
1
Oil Spread
2.3
Stocks Spread
2
Forex
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
GBPUSD Spread
N/A 5 pips
EURUSD Spread
N/A 14 pips
EURGBP Spread
N/A 15 pips
Assets
4 120
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
Binary Options
Binary options trading not offered IQ Option lead the way in binary options and digital trading. The best platform, with the lowest minimum deposit
Payout
91%