IQ Option vs AAAFx
| IQ Option | AAAFx |
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4
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3.9
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 Traders from US not accepted
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Traders from US not accepted
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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. |
AAAFx is a Greek broker that offers trading opportunities in forex as well as a decent selection of other assets including stocks, indices and cryptocurrencies. The spreads are very tight, starting from zero, commissions are low, and there are various account options to suit traders of differing experience and funding levels. Four leading platforms are also supported – MetaTrader 4, MetaTrader 5, ZuluTrade and ActTrader. |
| RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
| Bonus Offer | |
| 100% Deposit Bonus available for Global clients | |
| Promotions | |
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Double Your Trading Capital With The AAAFX 100% Deposit Bonus |
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| Comment by Reviewer | |
| "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." | "AAAFx is a good broker for forex traders who want ECN trading with the flexibility to dip into other popular asset classes." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFD, Forex, Crypto, Stocks, Digital Options | Forex, CFDs, Indices, Cryptocurrencies, Commodities |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $100 |
| Trading Platforms | |
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| Payment Methods | |
| Bank wire - FNB (First National Bank, KoraPay through Praxis, Help2Pay, PayRetailers. Bank cards - debit/credit cards. E-Wallets- FairPay, VirtualPay, Skrill, Neteller. Cryptocurrency - match2pay (ETH, BTC and USDT), Capital Wallet | |
| Minimum Trade | |
| 0.001 Lots | 0.01 Lots |
| Regulator | |
| HCMC (Greece), FSCA (South Africa) | |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 0.2% | |
| STP Account | |
| No | No |
| ECN Account | |
| No | Yes |
| 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 | |
| Yes | No |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Mobile Apps | |
| iOS, Android and Windows | Yes |
| Auto Trading | |
| Yes | |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| AAAFX offers an automated copy trading service with competitive fees and a beginner-friendly interface. ZuluTrade is the biggest social trading community with thousands of active users. | |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| Yes | No |
| 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 | |
| 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. | AAAFx traders can access CFDs on forex, stocks, indices and cryptocurrencies through the broker's diverse range of platforms. Leverage is available up to 1:30 from the broker's EEA-regulated branch or up to 1:500 from the offshore entity, which is higher than most alternatives. |
| Leverage | |
| 1:500 | 1:30 (EU), 1:500 (Global) |
| FTSE Spread | |
| 1 | |
| GBPUSD Spread | |
| 1 | Starting from 0.1 |
| Oil Spread | |
| 2.3 | 3.5 |
| Stocks Spread | |
| 2 | Variable |
| Forex Trading | |
| 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. | AAAFx traders have access to 70 forex pairs, including majors, minors and exotics, through an ECN model with fast execution, low commissions and tight spreads. The selection of currencies is wider than most competitors. |
| 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 | |
| 5 pips | Starting from 0.1 |
| EURUSD Spread | |
| 14 pips | Starting from 0.0 |
| EURGBP Spread | |
| 15 pips | Starting from 0.0 |
| Assets | |
| 250+ | 70+ |
| Cryptocurrency | |
| 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. | Five cryptocurrency CFDs are available from AAAFx, all traded in pairs with USD, including Bitcoin and Ethereum. Crypto traders can choose from three accounts with a low starting deposit. |
| Spread | |
| BTC 7%, ETH 12% (Var) | From 0.0 pips |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| 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%+. | Binary options trading not offered |
| Payout | |
| 91% | |
| Ladder Options | |
| Yes | No |
| Boundary Options | |
| Yes | No |
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| RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
| More Comparisons | |
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IQ Option vs |
AAAFx vs |