BMFN vs IQ Option

BMFN vs IQ Option Comparison Table 2021
BMFN IQ Option
BMFN is an international CFD and forex broker offering MetaTrader 4 and UniTrader platforms and assets in commodities, currencies, ETFs and shares. 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 not 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, CFD, Forex, ETFs Stocks, Digital Options, Options, CFD, Forex, Crypto, Binary Options
Demo Account
Yes Yes
Minimum Deposit
$50 $10
Payment Methods
Cashu, Credit Card, Neteller, Skrill, Wire Transfer ADVcash, Alipay, Credit Card, MoneyGram, Perfect Money, QIWI, Skrill, Vietcombank Transfer, Wire Transfer, Yandex Money
Minimum Trade
1 lot 0.001 lots
Regulator
FCA, ASIC, FSP, VFSC CySEC
Margin Trading
Yes Yes
Margin Rate
0.2%
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
Yes No
MAM Account
No No
PAMM Account
No No
LAMM Account
Yes No
Demat Account
No No
AI / Machine Learning
- No
Robo Advisor
- No
Negative Balance Protection
- No
Market Maker
- No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS, Android and Windows
Auto Trading
- -
Trade Signals
Yes Yes
VPS Hosting
- No
Tournaments
- Yes
Demo Competitions
- No
Ethical Investing
- No
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
USD USD, EUR, GBP, ZAR
CFD
BMFN facilitates CFD trading in a range of markets, including US equities, ETFs, commodities and indices.
Leverage
1:400 1:30 EU, 1:500
FTSE Spread
GBPUSD Spread
1.8 1
Oil Spread
2.2 2.3
Stocks Spread
2
Forex
BMFN supports forex trading in more than 20 major and minor currency pairs with variable and fixed spread account options. 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
1.8 5 pips
EURUSD Spread
1.5 14 pips
EURGBP Spread
4 15 pips
Assets
22 120
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
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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%