FTX vs IQ Option

FTX vs IQ Option Comparison Table 2023
FTX IQ Option
Not Yet Rated

FTX is #34 in our broker rankings.

FTX and FTX US has filed for Chapter 11 bankruptcy. We strongly advise against making any deposits. The FTX platform has been hacked. A warning has ben issued that the website, platform and app might be infected by trojan malware. We recommend that you refrain from using them.
4
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

FTX is an advanced cryptocurrency derivatives exchange with a vast array of tokens and contract types.

Open an account with just $10. Trade via CFD over 10 Cryptocurrencies directly, traditional forex with low spreads.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Comment by Reviewer
"IQ Option is a good broker for beginners with an easy to use platform and a low minimum investment."
Pros
  • User-friendly platform for beginners
  • Excellent range of payment methods
  • Reliable 24/7 multilingual support
  • Access to IQ Option community
  • High payouts on binary options
  • iOS & Android compatible app
Cons
  • €10 inactivity fee after 90 days
  • No MetaTrader 4 integration
Awards
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
Instruments
Stocks, Futures, Options, Crypto CFD, Forex, Crypto, Stocks, Digital Options
Demo Account
No Yes
Minimum Deposit
$1 $10
Payment Methods
Minimum Trade
$1 0.001 lots
Margin Trading
Yes Yes
Margin Rate
0.2%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
Yes 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
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
iOS & Android iOS, Android and Windows
Auto Trading
Yes
Copy Trading
No No
Social Trading
No No
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
  • USD
  • EUR
  • GBP
  • ZAR
Commodities
CFD Trading
CFD trading not offered IQ Option offers highly leveraged CFDs on 6 asset classes through its award-winning platform.
Leverage
1:500
GBPUSD Spread
1
Oil Spread
2.3
Stocks Spread
2
Forex Trading
Forex trading not offered 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
5 pips
EURUSD Spread
14 pips
EURGBP Spread
15 pips
Assets
250+
Cryptocurrency
FTX supports crypto trading on hundreds of major tokens by way of spot trades and derivatives contracts. IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets.
Spread
Variable BTC 7%, ETH 12% (Var)
Coins
  • BTC
  • ETH
  • SOL
  • FTT
  • USDT
  • MATIC
  • BNB
  • XRP
  • DOGE
  • SRM
  • LINK
  • LTC
  • FTM
  • SUSHI
  • RAY
  • UNI
  • STEP
  • AAVE
  • AGLD
  • BTC
  • TRX
  • XRP
  • BCH
  • ETH
  • EOS
  • OMG
  • ETC
  • QTUM
  • ZEC
  • LTC
  • DASH
Crypto Lending
Yes No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
Yes 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
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