Equiti vs IQ Option
Equiti | IQ Option |
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2.8
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4
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Equiti is an international STP brokerage, with built-in analysis tools and a wide range of CFD and forex markets. The broker also offers sky-high leverage rates of up to 1:2000 and is regulated offshore for retail traders by the Seychelles FSA, among other tier-2 authorities. |
IQ Option is a trusted broker with multi-asset trading on its user-friendly proprietary platform. The broker provides trading on forex, stocks, cryptos, indices, commodities and ETFs with competitive fees and a good suite of extra features and educational content. You can also open an account with just $10. |
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
Customer Reviews | |
5
Based on 1 IQ Option customer reviews
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Comment by Reviewer | |
"After opening an account, I think Equiti is a pretty good option for experienced traders looking for ECN pricing with high leverage rates on the feature-rich MT5 platform. That said, the offshore regulation doesn't give me a great deal of confidence and the lack of educational tools is frustrating." | "IQ Option is a good broker for beginners with a slick platform and low minimum investment. New users can also open an account in three easy steps." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, indices, shares, commodities, cryptocurrencies | CFD, Forex, Crypto, Stocks, Digital Options |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$500 | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.001 Lots |
Regulator | |
FSA, JSC, CMA, SCA, CBA, FCA | |
Margin Trading | |
No | Yes |
Margin Rate | |
0.2% | |
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 | |
No | 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 | |
Yes | iOS, Android and Windows |
App Review | |
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 also synchronised the look and feel of both the web trader and mobile platform, making switching between the two, seamless. |
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Android App Rating | |
4.2 |
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iOS App Rating | |
4.3 |
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Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | No |
Social Trading | |
Yes | 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 | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
The broker's CFD range encompasses all my favorites: forex, US, UK and European stocks, international ETFs, energy commodities, global stock indices and cryptos. They're all available with competitive ECN conditions from within the MT4 or MT5 trading platforms. | IQ Option deals primarily in CFDs, which are available on stocks, forex, cryptocurrencies and several other markets. The leverage available is in line with EU restrictions, to a maximum of 1:30 on major forex pairs but with less available on more volatile assets. Trades are commission-free with floating spreads and clients can use the award-winning platform. |
Leverage | |
1:500 | 1:500 |
FTSE Spread | |
1.2 | |
GBPUSD Spread | |
0.2 | 1 |
Oil Spread | |
0.028 | 2.3 |
Stocks Spread | |
Variable | 2 |
Forex Trading | |
During my testing, I uncovered nearly 70 foreign exchange CFDs - not a bad line-up compared to other brokers I review. The broker’s STP execution model means that execution times for me are generally quite low and spreads are competitive, starting from 0.0 pips. | IQ Option offers CFD trading on 24 forex assets, including major pairs and some minors. EU traders can access a maximum of 1:30 leverage in line with local regulations. The broker offers commission-free trades but spreads are on the high side so the brand does 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. |
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GBPUSD Spread | |
0.2 | 5 pips |
EURUSD Spread | |
1.6 | 14 pips |
EURGBP Spread | |
0.9 | 15 pips |
Assets | |
65 | 60+ |
Cryptocurrency | |
I’m pretty happy with Equiti’s 1:10 leverage and spreads from $5 on popular crypto pairs like BTCUSD. Savvy clients can also utilize the broker's signals and market news to get crypto trade ideas and keep abreast of industry developments. | IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets, including Bitcoin, Ethereum, and Cardano. Leverage of up to 1:2 is available with a variable spread and no commission. Newer traders will also rate the intuitive trading software. |
Spread | |
Variable | BTC 7%, ETH 12% (Var) |
Coins | |
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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 starting deposit. Simply decide whether the price of an asset will go up or down to win a predetermined payout up to 90%+. |
Payout | |
91% | |
Ladder Options | |
No | Yes |
Boundary Options | |
No | Yes |
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
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